Rosenthal & Rosenthal, Inc. v. Benun, 226 N.J. 41 (2016).  A future advance mortgage, in broad outline, is a mortgage that secures a loan that is made in stages, rather than all at once.  This case called on the Supreme Court to decide whether and when such a mortgage has priority over an intervening lien.  The Appellate Division, in an opinion summarized briefly here, applied the common law rule that has been in effect since 1864 and was thereafter largely codified by statute.  That court reversed summary judgment for plaintiff, the first mortgagee.  The Supreme Court unanimously...

...

...