Diamond Benefits Life Insurance Company, an Arizona Corporation in Receivership, by and Through Lawrence J. Warfield, Special Deputy Receiver for Diamond Benefits Life Insurance Company v. One Hundred Thirteen Corporation Jarrell Ormand Ticor Title Insurance Company of California, Diamond Benefits Life Insurance Company, an Arizona Corporation in Receivership, by and Through Lawrence J. Warfield, Special Deputy Receiver for Diamond Benefits Life Insurance Company v. One Hundred Thirteen Corporation

958 F.2d 376 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. DIAMOND BENEFITS LIFE INSURANCE COMPANY, an Arizona corporation in receivership, by and through Lawrence J. Warfield, Special Deputy Receiver for Diamond Benefits Life Insurance Company, Plaintiff-Appellant, v. ONE HUNDRED THIRTEEN CORPORATION; Jarrell Ormand; Ticor Title Insurance Company of California, Defendants-Appellees. DIAMOND BENEFITS LIFE INSURANCE COMPANY, an Arizona corporation in receivership, by and through Lawrence J. Warfield, Special Deputy Receiver for Diamond Benefits Life Insurance Company, Plaintiff-Appellee, v. ONE HUNDRED THIRTEEN CORPORATION, Defendant-Appellant. Nos. 91-55142, 91-55272. United States Court of Appeals, Ninth Circuit. Argued and Submitted Feb. 7, 1992. Decided March 25, 1992. Before ALARCON, BEEZER and RYMER, Circuit Judges. 1 MEMORANDUM * 2 This case addresses whether a mortgagee of two secured notes may seek a money judgment on the subordinate note when its foreclosure on…