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INDUSTRIAL SUPPLY CORPORATION v. BRICKER

No. 74-227.

306 So.2d 133 (1975)

INDUSTRIAL SUPPLY CORPORATION and Fennell & Associates, Inc., Appellants, v. John W. BRICKER et al., Appellees.

District Court of Appeal of Florida, Second District.

Rehearing Denied February 4, 1975.

Attorney(s) appearing for the Case

Thomas F. Icard, Jr., of Carlton, Fields, Ward, Emmanuel, Smith & Cutler, Tampa, for appellant Industrial Supply Corp.

Arthur R. Louv of Young, Turnbull & Linscott, Orlando, for appellant Fennell & Associates, Inc.

George F. Meehan of Harris, Barrett & Dew, St. Petersburg, for appellee.

GRIMES, Judge.

This appeal is from a judgment of mortgage foreclosure in which it was held that the mortgage had priority over the competing claims of mechanics' liens.

The mortgage was executed by Sea Terra, Inc. to appellees. Contemporaneous with the execution of the mortgage and the note secured thereby, Sea Terra, Inc. entered into a loan agreement whereby appellees agreed to lend the sum of $695,000 to Sea Terra...

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