Cadleway Properties, Inc. v. Bayyiew Loan Servicing, LLC

OPINION

KELLER, Judge:

Cadleway Properties, Inc. (Cadleway) appeals from the Jefferson Circuit Court’s entry of summary judgment in favor of Bayview Loan Servicing, LLC (Bayview). This dispute arises from the interpretation of a subordination agreement (the Subordination Agreement) and whether it gives Cadleway’s mortgage priority over a mortgage held by Bayview. The trial court concluded that Bayview’s mortgage was superior to Cadleway’s mortgage. For the reasons set forth below, we reverse and remand.

*282FACTUAL AND PROCEDURAL BACKGROUND

The relevant facts are not disputed. On June 15, 2002, KB…