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RICHARDS v. SECURITY PACIFIC NAT. BANK

No. 920679-CA.

849 P.2d 606 (1993)

J. Lamar RICHARDS, Plaintiff and Appellee, v. SECURITY PACIFIC NATIONAL BANK; Debra L. Youngman; Deborah Diamanti; Ameristar Financial Corporation; Associates Financial Services Company, Inc.; First Boston Mortgage Securities Corp., Defendants and Appellants.

Court of Appeals of Utah.

March 9, 1993.

Attorney(s) appearing for the Case

Sherman C. Young (argued), Jerry L. Reynolds, Ivie and Young, Provo, for defendants and appellants.

Ralph R. Tate, Jr. (argued), Salt Lake City, for plaintiff and appellee.

Before BENCH, BILLINGS and ORME, JJ.

BILLINGS, Presiding Judge:

Security Pacific National Bank appeals from the trial court's grant of summary judgment concluding the mechanics' lien of J. Lamar Richards had priority over Security Pacific's mortgage on the property in question. We affirm.

FACTS

On May 15, 1985, Debra Youngman purchased, under a uniform real estate contract (U.R.E.), residential property located in Salt Lake City. The property was subject to five encumbrances: Three...

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