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HILCO, INC. v. LENENTINE

No. 96-119.

142 N.H. 265 (1997)

HILCO, INC. AND DIVERSIFIED FINANCIAL SYSTEMS, INC. v. HALSTON O. LENENTINE AND JANET M. LENENTINE

Supreme Court of New Hampshire.

August 14, 1997.

Attorney(s) appearing for the Case

Roberts & Cohen, P.A., of Portsmouth (Sanford Roberts on the brief and orally), for the plaintiffs.

Normandin, Cheney & O'Neil, of Laconia (Duncan J. Farmer on the brief and orally), for the defendants.

THAYER, J.

The defendants, Halston and Janet Lenentine, appeal the Superior Court's (Groff, J.) order subordinating their mortgage to the mortgages held by the plaintiffs, Hilco, Inc. (Hilco) and Diversified Financial Systems, Inc. (Diversified). We reverse and remand.

The trial court found the following facts. In May 1985, Halston Lenentine entered into an agreement to sell certain real estate in Tilton to Ronald C. Mizner. Mizner obtained financing...

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