SWISS PROP. MGMT. CO. v. S. CAL. IBEW-NECA PENSION PLAN

Docket No. E017501.

60 Cal.App.4th 839 (1997)

SWISS PROPERTY MANAGEMENT CO., INC., et al., Plaintiffs and Appellants, v. SOUTHERN CALIFORNIA IBEW-NECA PENSION PLAN, Defendant and Respondent.

Court of Appeals of California, Fourth District, Division Two.

December 16, 1997.


Attorney(s) appearing for the Case

COUNSEL

Reid & Hellyer, Donald F. Powell and Michael G. Kerbs for Plaintiffs and Appellants.

Rutan & Tucker, Robert C. Braun and Matthew K. Ross for Defendant and Respondent.


OPINION

HOLLENHORST, J.

The trial court found that a California Land Title Association (CLTA) form subordination agreement was effective to give the lender's deed of trust priority over the sellers' deeds of trust.

In the trial court, and in this court, plaintiff sellers vigorously attack this conclusion, contending that riders to the deed of trust set forth conditions of subordination...

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