Labels:book | reckoner | sky OCR: sold by Imperial at a trustee's (foreclosure) sale.' Respondents Paul Osborne ("Respondents") were the third -party purchasers, paying $433 600 cash the time the sale the amount pao to Imperial was only pp 232. 236} The surplus proceeds were made available to the junior trust deed holders, whose $200. 000+ junior deed of trust war extinguished by Imperial's foreclosure sale See Calit. Civil Code 2924k{a)(3} Trustee's Deed Upon Sale was executed and delivered on July X. 1989 at which time title to the property became vested in Respondents 235). See Calif. Civil Code 1091, 1053 1054 On July 1989 the Trustee' Deed was recorded pursuant to California FAW with the official recordsof Orange County Two state court actions were then filed, by Petitioner and others challenging the trstee (foreclosu ...
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