No. 89-35424. Argued and Submitted May 11, 1990. Decided December 12, 1990. Richard L. Lambe, Ulin, Dann Lambe, Seattle, Wash., for appellant. Lynn C. Tuttle, Hatch Leslie, Seattle, Wash., for appellee Rainier Nat. Bank. Charles J. Pruitt, Spears, Lubersky, Bledsoe, Anderson, Young Hilliard, Portland, Or., for appellee Fort Vancouver Plywood Co. Appeal from the United States District Court for the Western District of Washington. Before WRIGHT, POOLE and BRUNETTI, Circuit Judges. BRUNETTI, Circuit