TAHOE HIGHLANDER v. WESTSIDE FED. SAV. & L.

No. 9944.

588 P.2d 1022 (1979)

The TAHOE HIGHLANDER, a Nevada Corporation, Donald B. Steinmeyer and Marlene Steinmeyer, Appellants and Cross-Respondents, v. WESTSIDE FEDERAL SAVINGS AND LOAN ASSOCIATION, Great Western Union Savings and Loan Association, Respondents and Cross-Appellants.

Supreme Court of Nevada.

January 12, 1979.


Attorney(s) appearing for the Case

Woodburn, Wedge, Blakey & Folsom, and William E. Peterson, Reno, for appellants and cross-respondents.

Wilson, Pereos & Henderson, and C. Nicholas Pereos, Reno, for respondents and cross-appellants.


OPINION

PER CURIAM:

On November 24, 1975, respondents foreclosed upon a deed of trust executed by appellant Tahoe Highlander. The deed of trust encumbered a 75-unit apartment complex at Incline Village, Nevada, and was given as security for a $1,400,000 promissory note to respondents' assignor. The promissory note was also personally guaranteed by appellants Donald and Marlene Steinmeyer.

On January 24, 1976, respondents commenced this action, pursuant...

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