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EASTERN NAT. BK. v. GLENDALE FED. SAV.

No. 86-1925.

508 So.2d 1323 (1987)

EASTERN NATIONAL BANK, Appellant, v. GLENDALE FEDERAL SAVINGS AND LOAN ASSOCIATION, Appellee.

District Court of Appeal of Florida, Third District.

June 23, 1987.

Attorney(s) appearing for the Case

Weintraub & Rosen and Michael A. Rosen, Miami, for appellant.

Mershon, Sawyer, Johnston, Dunwody & Cole and Dennis M. Campbell and S. Austin Carr, Miami, for appellee.

Before BASKIN, DANIEL S. PEARSON and FERGUSON, JJ.

FERGUSON, Judge.

Plaintiff Eastern National Bank (Eastern) appeals from a final summary judgment entered on defendant Glendale Savings and Loan Association's (Glendale) counterclaim. Eastern contends that Glendale is not entitled to be equitably subrogated to an existing debt according to the terms of its contract with the borrower because Glendale took no reasonable precautions to ascertain that there were no liens recorded...

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