Lincoln Bank v. Conwell Construction

OPINION

BAILEY, Judge.

Case Summary

This dispute concerns a real estate developer and its five ereditors. Lincoln Bank appeals the trial court's order in which it concluded that Lincoln Bank's mortgage was merely equal in priority to four mechanic's liens. We reverse and remand with instructions, holding that the mortgage has priority over the mechanic's liens.

Issue

Lincoln Bank raises two issues. In light of our holding regarding the first, we need not reach the second. 1 The dispositive issue is whether the trial court erred in concluding that the mortgage and the four mechanic's liens were…