Gagnon's Hardware & Furniture, Inc. v. Michaud

[¶ 1] In this consolidated appeal, 1 Gagnon’s Hardware & Furniture, Inc. (“Gagnon’s”) appeals from the summary judgments entered in the Superior Court (Aroostook County, Pierson, J.) in favor of First Citizens Bank (“First Citizens”). Gagnon’s argues that the court erred in giving First Citizens’ mortgage priority over Gagnon’s mechanics’ lien. Finding no error, we affirm.

[¶ 2] The facts, viewed in the light most favorable to Gagnon’s, may be summarized as follows: In October, 1995, Scott Michaud requested a loan from First Citizens Bank to purchase certain real estate for business purposes.…