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SOUTH BAY v. RIVIERA LEND-LEASE, INC.

No. B122789.

85 Cal.Rptr.2d 647 (1999)

72 Cal.App.4th 1111

SOUTH BAY BUILDING ENTERPRISES, INC., Plaintiff and Appellant, v. RIVIERA LEND-LEASE, INC., et al. Defendants and Respondents.

Court of Appeals of California, Second District, Division Four.

June 9, 1999.

Attorney(s) appearing for the Case

Knickerbocker Law Corporation, PC, and Richard L. Knickerbocker, Los Angeles, for Plaintiff and Appellant.

Phillip Kelly & Associates, Phillip Kelly, and Christopher Chun, Los Angeles, for Defendants and Respondents.

CHARLES S. VOGEL, P.J.

INTRODUCTION

Appellant South Bay Building Enterprises, Inc. (South Bay) and respondent Riviera Lend-Lease, Inc. (Riviera) are lending institutions. Each made loans to James Archer (Archer). Through deeds of trust, Archer gave each lender a security interest in his home in, Palos Verdes Estates. Riviera recorded its security interest before South Bay. Riviera's security interest was approximately $127,000 and South Bay's was approximately...

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