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Wyn bought real estate from Duke and gave Duke a purchase money mortgage. Duke forgot to record the mortgage.
Wyn bought real estate from Duke and gave Duke a purchase money mortgage. Duke forgot to record the mortgage. Two months later, Wyn gave a mortgage on the same property to Goode to secure a property improvement loan. Goode recorded this mortgage nine days later. Goode knew about the Duke mortgage. If these events took place in a notice race statute jurisdiction, which mortgage would have priority?
Question 15 options:
Duke's, because Goode knew of the Duke mortgage.
Goode's, because it was recorded within ten days.
Duke's, because it was the first mortgage given.
Goode's, because it was the first mortgage recorded.
