RFF Family Partnership, LP v. Link Development, LLC et al

Filing 1

COMPLAINT Verified Complaint against Robert V Wallace, Jeffrey B. Karll, Link Development, LLC, Russell and Associates LLC Filing fee: $ 350, receipt number 0101-3432030 (Fee Status: Filing Fee paid), filed by RFF Family Partnership, LP. (Attachments: # 1 Civil Cover Sheet, # 2 Civil Cover Sheet Category, # 3 Exhibit A - Certificate of Organization, # 4 Exhibit B - Foreclosure Deed, # 5 Exhibit C - Desert Pine Mortgage, # 6 Exhibit D- Certificate of Organization, # 7 Exhibit E - Managers Cert, Cert of Manager, # 8 Exhibit F - Desert Palm Mortgage, # 9 Exhibit G - BD Mortgage, # 10 Exhibit H - Amendment of Mortgage, # 11 Exhibit I - Certificate of Organization, # 12 Exhibit J - Superior Court Complaint, # 13 Exhibit K - Link Land Court Complaint, # 14 Exhibit L - Note, # 15 Exhibit M - Loan Agreement and mortgage, # 16 Exhibit N - Guaranty, # 17 Exhibit O - subordination agreements, # 18 Exhibit P - Assignment, # 19 Exhibit Q - Settlement Agreement, # 20 Exhibit R - Russell Land Court Complaint, # 21 Exhibit S - Land Court Decision, # 22 Exhibit T - Memorandum of Sale, # 23 Exhibit U - redacted P&S)(Briansky, Richard)

EXHIBIT A

C:CMNION!\EALIH OF MÀSSACHUSE'IT.S

sriFFoLK.

SS

SI.]PERIOR COURT

CNILÅCTION

NO

.

I)6-05242

LINK DEVELOPMENT, I-LC,
Pta¡nt¡fÍ
SETTLEÀ,ÍEI.¡T AGREEMENT

STUART H. SOJCHER, ROBERT V. WAILÀCE, JR.,
IndividuaJly and in his capacity as Trustee ofBD
LENDING TRUST, and STEVEN A. ROSS,
Defendants

Followíng

a

mediation session on February 21th'2ffi9, the parties agree as follows:

l.

BD l-ending Trusr (,.8D") sha[ deliver ro Uuk Development,
LLC (,.Link,), wirhin rhrec
business days of derivery of the rcleases referred to iu paragraph 2 Àd
3 bclow, ¿¡r"t
oi r¡J"'mortga.ge of r'he premises in saugus¡ MA off Rouæ lAand Lynn r"us
"r""
e"*"uy, "
r,r,"
"tocus") gíven by Li¡k to BD I-¿nding ou seprember 29, 2d06. BD shat also
same time, a dÍscharge of an amendment to those mortgages a'd the
originals of,the troþ
of losr note if BD santror rocate rhe origina.l).wbich the mõngage and âmended
moagug" ,"àu.J.^È;'r
shall also simurtaneousty deliver to Lirk adiscbarge of assifrñent of rents
and auy-otËer colarerai
seqrrity insturneDt relåted to tfie losn transaction describedãbove.

iiãó"iÌ*ôi""

deù;e;;;il"k;,Ë"

(*;fiä;t
-

,

. 2. Link, on the oue hand, and BD, Ro',, a¡d rffaflace, on the other hand. sh¿Jr ex¡hanoo
rþciproc.t releases of alr claims made or which could have been rnade JJ;iläú*iidL
purponed
mortgage loan referred.to ¿bove_

3

Link

àfu

shaJt deriver to

BD, lVa'ace, atrd Ross
fereâse ffom Jeffiey Karn and Essam
Ar
madê or whích courd have bee¡ made in connection with tbe
locus a¡d the
mortgagr loan tausaction ¡eferred to above, and BD, vr'a ace, ald Ross
sharr rr"tiu.r

Tamimi of alr craims

r..ip-.ü

releases.

. -. 4' .Counsel will prepare aud have exeçuted formal releases and a stipulation of dismissal, with
" '''
prcþdice , in rhe abore captioned action and âny acrion consolidared ryith
'
it. rm .tifrrrtì""
dismissal shar be filed in cout contemporaneorsly witr the ¡eiording
"î'
of the oiscrard
r€fenJ to

above.

disclosei;r,l*,1*:::,r::_ï:::L*",'S.".l.glssetttementcoundenriar,
this agreement to their attorneys, accountants, i.nsuré",

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,

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excepr that the

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paniø may