Kamaole Resort Twenty-One v. Ficke Hawaiian Investments, Inc.

OPINION OF THE COURT BY

KIDWELL, J.

These consolidated cases constitute a multi-party action to foreclose mortgages and mechanics liens. The matter is before us on appeals by both the first mortgagee and the mortgagor from a decree of foreclosure. The decree determined the amounts of the mortgagor’s indebtedness to each of the mortgagees which were secured by the respective mortgages. The questions on appeal involve only these amounts, the propriety of the foreclosure of the mortgages not being in issue.

Appellee Kamaole Resort Twenty-One (KR21), a limited partnership, entered into an agreement…