Snead Construction Corp. v. First Federal Savings & Loan Ass'n
District Court of Appeal of Florida
1Opinion of the Court
SMITH, Judge.
Snead, prime contractor for three motel projects in Daytona Beach, appeals from a final summary judgment dismissing its claim against the institutions which lent the construction funds. As a result of a dispute between Snead and the owner, Snead filed mechanic’s liens, the lenders stopped disbursing the construction funds and construction halted. By this action Snead seeks alternatively (1) to have the lenders’ previously recorded mortgages subordinated to Snead’s liens because the mortgages did not specify that they secured future advances; and (2) to have the lenders’…
2Cases cited10 opinions
- JG Plumbing Service, Inc. v. Coastal Mortgage Co.District Court of Appeal of Florida · 1976
- Guaranty Title & Trust Co. v. ThompsonSupreme Court of Florida · 1927
- Cone Bros. Construction Co. v. Moore Et Vir.Supreme Court of Florida · 1940
- Morgen-Oswood & Associates, Inc. v. CONTINENTAL MORTGAGEDistrict Court of Appeal of Florida · 1975
- Flynn-Harris-Bullard Co. v. JohnsonSupreme Court of Florida · 1925
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3Cited by5 opinions
- Chase Manhattan Bank v. S/D ENTERPRISES, INC.District Court of Appeal of Florida · 1977
- Hawaiian Inn of Daytona Beach, Inc. v. DunnDistrict Court of Appeal of Florida · 1977
- Duval Federal Savings & Loan Ass'n v. Hallmark Builders, Inc.District Court of Appeal of Florida · 1988
- Richter v. Peoples First National BankDistrict Court of Appeal of Florida · 1990
- Snead Const. v. FIRST FED. S & L ASS'NDistrict Court of Appeal of Florida · 1976