You really need to speak to an attorney on this. Theres so many different things in your docs as Jay stated but also on how the money was handled.
I suggest not even taking my answer as meat, or anyone else's on here for that matter.
My guess is "no" but you must read your note (loan documents) to make sure. California is a Non-Recourse State. So except for Lines of Credit and other consumer debt, a lender's recourse is limited to repossession of the real estate.