How have courts interpreted a deed of trust?
MultiRegion, United States of America
The following excerpt is from Hernandez v. Bank of Am., 1:11-cv-00001 OWW JLT (E.D. Cal. 2011):
covenant directly at odds with a contract's express grant of discretionary power." Third Story Music v. Waits, 41 Cal. App. 4th 798 (1996). Here, the deed of trust expressly provides:
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