CARLEY, Presiding Judge.
Appellee-defendant is the holder of a first deed to secure debt in the principal amount of $31,680. Appellant-plaintiff is the holder of a second deed to secure debt in the principal amount of $150,000. Subsequent to the recording of appellant's second security deed, appellee loaned the debtor an additional $25,000. Appellant initiated the instant declaratory judgment action, seeking a declaration that appellee's first security deed secured...
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