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Property – mortgages — priority

Wisconsin Court of Appeals


Property – mortgages — priority

Wachovia Mortgage Corporation appeals a judgment holding that its mortgage is inferior to one held by respondent Park Bank. The dispute is essentially one between two lenders over whose mortgage has priority. We conclude that Park Bank did not establish on summary judgment that an agreement to subordinate its mortgage to Wachovia’s mortgage is invalid. Therefore, we reverse and remand to the circuit court. This opinion will not be published. See Wis. Stat. Rule 809.23(1)(b)5.

2012AP452 Park Bank v. Jackson, et al.

Dist IV, La Crosse County, Levine, J., Per Curiam

Attorneys: For Appellant: Gimbel, Joshua L., Milwaukee; Moenck, Nathan, Madison; For Respondent: Addis, Phillip J., La Crosse

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