FIRST NAT. BANK OF PAULS VALLEY v. CRUDUP

No. 55055.

656 P.2d 914 (1982)

The FIRST NATIONAL BANK OF PAULS VALLEY, Oklahoma, a banking corporation, Appellee, v. David L. CRUDUP and Joyce M. Crudup, husband and wife, First Mortgage Insurance Company of Greensboro, North Carolina, and Pauls Valley National Bank of Pauls Valley, Oklahoma, a banking corporation, Appellants.

Supreme Court of Oklahoma.

As Corrected November 10 and November 15, 1982.

Rehearing Denied February 1, 1983.


Attorney(s) appearing for the Case

Dean Hart, Jr., Hart, Rennie, McClain & Hart, Pauls Valley, for appellee.

Robert T. Rennie, Jr., Scarce, Tipton & Rennie, Pauls Valley, for appellants.


OPALA, Justice:

The two dispositive issues on certiorari are: [1] Does the pre-1977 version of 42 O.S. 1981 § 172 — which allowed foreclosure suits to be brought within one year after maturity of the note attached to a lien statement — govern this case? [2] Can this court establish, from the record before it, the priority rank of competing lien claims in suit? We answer the first question in the affirmative...

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