1. According to the court, which of the two security interests in the land on which the manufactured home was situated had priority? Why?

2. Suppose that the manufactured home had been affixed to the land and regarded as real property. In that situation, which of the two security interests would have taken priority? Why?

The sole issue to be decided in this appeal is the priority of competing liens in and to a manufactured [mobile] home located on, but not attached to, a parcel of real estate which is the subject of a foreclosure action. The land and mobile home were both previously owned by Rose Day. On February 18, 1999, Ms. Day conveyed [transferred] the real estate to Anthony Reynolds and Kim Reynolds by deed, which was thereafter duly recorded in the Garrard County Clerk’s Office.