Union Bank, N.A. v. JV L.L.C.

HORTON, Justice.

JV, LLC (JV) appeals from the district court's grant of summary judgment in favor of Union Bank, N.A. (Union Bank) 1 in a mortgage priority dispute. Union Bank sought to foreclose a mortgage on a property known as "Trestle Creek." JV claimed priority to the Trestle Creek property through a mortgage recorded June 19, 2006. Union Bank's mortgage was recorded March 25, 2008. Union Bank moved for summary judgment, arguing that JV had subordinated its lien to that of Union Bank. The district court agreed and granted the motion. We affirm.

I. FACTUAL AND PROCEDURAL BACKGROUND

JV once…