Woodall v. Citizens Banking Co.

YOUNG, Judge.

John and Janet Woodall appeal the Tip-ton Circuit Court's entries of partial and final summary judgment in favor of Citizens Banking Company. The only issue raised by this appeal is whether Citizens, as a mortgagee who disbursed the proceeds of a construction loan made to the Woodalls, had a duty to protect the Woodalls from mechanics liens. 1 We affirm.

On October 25, 1978, John and Janet Woodall executed a note and mortgage in favor of Citizens Banking Company. The mortgaged property was a residence that was in the process of being constructed by Ren Corporation under the…