Judge: William A. Crowfoot, Case: 23AHCV00912, Date: 2023-12-15 Tentative Ruling
Case Number: 23AHCV00912 Hearing Date: December 15, 2023 Dept: 3
SUPERIOR COURT OF THE STATE OF
CALIFORNIA
FOR THE COUNTY OF LOS ANGELES - NORTHEAST
DISTRICT
Plaintiff U.S.
Bank Trust National Association (“Plaintiff”), in its capacity as owner trustee
for RCF 2 Acquisition Trust c/o U.S. Bank Trust National Association, filed
this action against defendants S & H Hospital Pharmacies, Inc., Pension
Funds, and S & H Hospital Pharmacies Incorporated Pension and Profit
Sharing Fund (collectively, “Defendants”) for: (1) cancellation of instrument
and (2) declaratory relief.
"A written instrument, in respect
to which there is a reasonable apprehension that if left outstanding it may
cause serious injury to a person against whom it is void or voidable, may, upon
his application, be so adjudged, and ordered to be delivered up or
canceled." (Civ. Code, § 3412.) An action for cancellation cannot be
pleaded generally. Plaintiff must specifically allege the facts demonstrating
the invalidity of the instrument under attack. (Wolfe v. Lipsy (1985)
163 Cal.App.3d 633, 638.) An instrument may be cancelled on the grounds that it
has been paid. (Tosi v. Northern California Building & Loan Ass'n
(1937) 23 Cal.App.2d 416, 419.)
Here, Plaintiff alleges that the loans
secured by the Prior Deeds of Trust were fully paid and/or satisfied but the
lien was not reconveyed or released by a title insurance company. (Complaint, ¶
16.) Given the chain of title concerning the property at issue, Plaintiff’s
evidence supports the allegation that the loans secured by the Prior Deeds of
Trust have been paid off and the Prior Deeds of Trust should be cancelled as
they otherwise cloud title to the property. The same evidence also supports
Plaintiff’s right to declaratory relief.
Accordingly, because the Prior Deeds of
Trust remain a cloud on title, Plaintiff has established that the Prior Deeds
of Trust should be cancelled to place Plaintiff in the first priority lien
position. Plaintiff is also entitled to a declaration that the Prior Deeds of
Trust are of no further force and effect and any interest held by Defendants and/or their successors and
assigns or any subsequent lienholder, encumbrancer, or creditor who purports to
take from Defendants are subject to Plaintiff’s beneficial interest.
Plaintiff’s application for default
judgment is GRANTED.
Dated
this
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William A.
Crowfoot Judge of the Superior Court |