Diversified Mortgage Investors v. Lloyd D. Blaylock General Contractor, Inc.

SAM D. JOHNSON, Justice.

ON MOTION FOR REHEARING

We grant the motion for rehearing filed by DMI only insofar as it deals with that part of our previous opinion relating to the issue of equitable subrogation. We therefore set aside our former judgment, withdraw our former opinion, and substitute the following in its place.

This case requires determination of the relative priorities of mechanic’s and materi-alman’s liens, deed of trust liens, and a vendor’s lien to which the mortgagee may be equitably subrogated. Lloyd D. Blaylock General Contractor, Inc. and Lloyd D. Blay-lock, individually,…