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BOEING EMPLOYEES' CREDIT UNION v. BURNS

No. 66420-4-I.

272 P.3d 908 (2012)

167 Wn. App. 265

BOEING EMPLOYEES' CREDIT UNION, Appellant, v. Russ E. BURNS and Suzanne K. Burns, husband and wife, Respondents.

Court of Appeals of Washington, Division 1.

March 19, 2012.

Attorney(s) appearing for the Case

John Du Wors , Newman & Newman Attorneys at Law LLP, Seattle, WA, for Appellant.

N. Brain Hallaq , Attorney at Law, Renton, WA, Jan Gossing , BTA Law Group, Federal Way, WA, for Respondent.

COX, J.

¶ 1 Entry of a judgment on a promissory note does not extinguish the lien of a security interest in real property that secures that note.1 And the homestead exemption is unavailable for debts secured by deeds of trust that have been executed and acknowledged by the owners of the encumbered premises.2

¶ 2 Here, Boeing Employees' Credit Union (BECU) is the holder of a subordinate deed...

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