RCB Bank v. Villas Development, L.L.C.

KENNETH L. BUETTNER, Judge.

T1 Plaintiff/Appellant RCB Bank and Plaintiff/Appeliee Bank of Commerce (BOC) each filed foreclosure actions involving the same property, which were consolidated in the trial court. 1 Although the District Court action involved several lienholders, the issue on appeal is only the priority between mortgages held by the two banks. The trial court found BOC's mortgage had priority; RCB appeals that decision. BOC's mortgage, which was executed and recorded four years before RCB's, has priority over RCB's mortgages. BOC's mortgage included a future advances clause and it…