In other words, Mr. Fisher has succeeded in obtaining nearly $20,000, repayment of which is secured by a first deed of trust on a residence which he owns which is worth roughly $60,000 but encumbered by deeds of trust securing a total debt of $80,000. He therefore has no economic incentive to make payments on the two notes (why would someone pay $80,000, plus interest, for property worth $60,000?). The 84 year old plaintiff is left without the house and with an undersecured claim for $50,000. Her claim is undersecured because she is subordinated to a deed of trust securing a $30,000 note the proceeds of which have not, as she had been led to believe, been used to improve the property.