Arizona Department of Water Resources v. Rail N Ranch Corp.

OPINION

LIVERMORE, Presiding Judge.

In this appeal from a judgment in a lien foreclosure action in favor of defendant Rail N Ranch Corporation based on the *364statute of limitations, plaintiff Arizona Department of Water Resources argues that its defense of a mortgage foreclosure action against defendant by asserting the priority of its lien either satisfied the statute of limitations or tolled it under equitable principles. We disagree and affirm.

The lien sought to be foreclosed in this case was acquired by recording on May 9, 1980; this action was brought on October 21, 1983. A.R.S. § 45-712(D)…