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BANK OF VALLEY v. U.S. NAT. BANK OF OMAHA

No. 82-730.

341 N.W.2d 592 (1983)

215 Neb. 912

BANK OF VALLEY, a corporation, Appellant, v. The UNITED STATES NATIONAL BANK OF OMAHA, a corporation, et al., Appellees.

Supreme Court of Nebraska.

December 16, 1983.

Attorney(s) appearing for the Case

Robert P. Miller, Omaha, for appellant.

Robert G. Decker, Omaha, for appellees.

KRIVOSHA, C.J., and BOSLAUGH, WHITE, HASTINGS, CAPORALE, SHANAHAN, and GRANT, JJ.

BOSLAUGH, Justice.

This is an appeal in a declaratory judgment action brought to determine the priority of liens between the plaintiff Bank of Valley's security agreement and the defendant The United States National Bank of Omaha's security agreement. The property involved was a residence built on leased land.

The evidence is not in dispute. On July 26, 1973, Robert Luethge entered into a lease agreement with Ginger...

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