U.S. Bank National Association v. 1727 N Lamont Trust et al

Filing 57

ORDER granting 56 Stipulation of Dismissal With Prejudice as to U.S. Bank's claims; Counterclaimant/Third Party Plaintiff 1727 N. Lamont Trust has until April 26, 2019, to move to lift the stay 43 or to dismiss all remaining claims. Signed by Judge Jennifer A. Dorsey on 4/10/2019. (Copies have been distributed pursuant to the NEF - JM)

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Case 2:16-cv-00442-JAD-VCF Document 56 Filed 04/09/19 Page 1 of 3 1 2 3 4 5 6 7 8 MELANIE D. MORGAN, ESQ. Nevada Bar No. 8215 DONNA M. WITTIG, ESQ. Nevada Bar No. 11015 AKERMAN LLP 1635 Village Center Circle, Ste. 200 Las Vegas, Nevada 89134 Telephone: (702) 634-5000 Facsimile: (702) 380-8572 Email: melanie.morgan@akerman.com Email: donna.wittig@akerman.com Attorneys for Plaintiff U.S. Bank National Association, as Trustee for the Banc of America Funding 2006-D Trust 9 UNITED STATES DISTRICT COURT AKERMAN LLP 1635 VILLAGE CENTER CIRCLE, SUITE 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 FOR THE DISTRICT OF NEVADA 11 12 13 U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR THE BANC OF AMERICA FUNDING 2006-D TRUST, Plaintiff, 14 Case No.: 2:16-cv-00442-JAD-VCF STIPULATION AND ORDER FOR DISMISSAL OF PLAINTIFF'S CLAIMS AGAINST DEFENDANTS 15 v. 16 1727 N LAMONT TRUST: LA MONTANA HOMEOWNERS ASSOCIATION. ECF No. 56 17 Defendants. 18 19 Plaintiff U.S. Bank National Association, as Trustee for the Banc of America Funding 2006-D 20 Trust (U.S. Bank); defendant La Montana Homeowners Association (La Montana), and defendant 21 1727 N. Lamont Trust (Lamont Trust) stipulate as follows: 1. 22 23 This matter relates to real property located at 1727 N. Lamont Street, Las Vegas, Nevada 89115, APN 140-20-814-010 (the property). The property is more specifically described as: 24 25 LOT TEN (10) OF LAMONTANA, AS SHOWN BY MAP THEREOF ON FILE IN BOOK 86 OF PLATS, PAGE 27, IN THE OFFICE OF THE COUNTY RECORDER, CLARK COUNTY, NEVADA. 26 2. U.S. Bank is the record beneficiary of a deed of trust encumbering the property 27 recorded on December 28, 2005 as instrument number 20051228-0001508 with the Clark County 28 Recorder's Office. 1 48134869;1 Case 2:16-cv-00442-JAD-VCF Document 56 Filed 04/09/19 Page 2 of 3 1 3. On or October 8, 2014, a trustee’s deed upon sale was recorded as instrument number 2 20141008-0004063 with the Clark County Recorder, reflecting that La Montana purchased the 3 property at a foreclosure sale of its own lien on March 6, 2013. 4 4. On October 30, 2014, a Quitclaim Deed was recorded as instrument number 20141030- 5 0001849 with the Clark County Recorder, reflecting that La Montana conveyed any interest it had in 6 the property to Lamont Trust. 7 5. On March 1, 2016, U.S. Bank filed this action against Lamont Trust and La Montana 8 asserting La Montana’s foreclosure of its lien and the HOA foreclosure deed did not extinguish the 9 deed of trust. AKERMAN LLP 1635 VILLAGE CENTER CIRCLE, SUITE 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 6. Lamont Trust agrees the deed of trust recorded on December 28, 2005 in Clark County 11 Recorder’s office as instrument number 20051228-0001508 continues to encumber the property and 12 remains a valid lien in first position. 13 7. Lamont Trust agrees it will not contest the foreclosure of the property by U.S. Bank. 14 8. Defendants agree title to the property is quieted in U.S. Bank. 15 9. U.S. Bank agrees to dismiss its claims against La Montana and Lamont Trust in this 16 action, with prejudice, each party to bear its own fees and costs. 17 10. It is further stipulated that the notices of lis pendens recorded on March 4, 2016 as 18 document numbers 20160304-0002520 and 20160304-0002521 in Clark County Recorder’s Office 19 shall be expunged. 20 ... 21 ... 22 ... 23 ... 24 ... 25 ... 26 ... 27 ... 28 ... 2 48134869;1 Case 2:16-cv-00442-JAD-VCF Document 56 Filed 04/09/19 Page 3 of 3 1 The parties request the court enter an order granting this stipulation. 2 DATED April 9th, 2019 3 AKERMAN LLP LEACH KERN GRUCHOW ANDERSON SONG /s/ Donna M. Wittig MELANIE D. MORGAN, ESQ. Nevada Bar No. 8215 DONNA M. WITTIG, ESQ. Nevada Bar No. 11015 1635 Village Center Circle, Suite 200 Las Vegas, Nevada 89134 /s/ Ryan D. Hastings RYAN D. HASTINGS, ESQ. Nevada Bar No. 12394 2525 Box Canyon Drive Las Vegas, Nevada 89128 4 5 6 7 8 9 AKERMAN LLP 1635 VILLAGE CENTER CIRCLE, SUITE 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 Attorneys for Defendant Homeowners Association La Montana Attorneys for Plaintiff U.S. Bank National Association, as Trustee for the Banc of America Funding 2006-D Trust HOA LAWYERS GROUP, LLC 11 12 13 14 15 /s/ Steven T. Loizzi, Jr. _______________ STEVEN T. LOIZZI, JR., ESQ. Nevada Bar No. 10920 9500 West Flamingo Rd., Ste. 204 Las Vegas, NV 89147 Attorneys for 1727 N Lamont Trust 16 17 18 19 20 21 22 23 24 25 IT IS SO ORDERED. Based on the parties' stipulation [ECF No. 56], IT IS SO ORDERED. All of plaintiff U.S. Bank's claims are DISMISSED with prejudice, and with good cause UNITED STATES DISTRICT COURT JUDGE appearing and no reason to delay, IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that title is quieted in favor of U.S. Bank, whose deed of trust recorded on 12/28/05 in the Clark County Recorder's Office as instrument number 20051228-0001508 continues to encumber the property in first position. IT IS FURTHER ORDERED that the notices of list pendens recorded on DATED 3/4/16 in the Clark County Recorder's Office as instrument numbers 20160304-0002520 and 20160304-0002521 shall be expunged. Counterclaimant/Third Party Plaintiff 1727 N. Lamont Trust has until April 26, 2019, to move to lift the stay [43] or to dismiss all remaining claims. _________________________________ ________ __ ___ _ _______ ___ U.S. District Judge Jennifer A. D Judge J dg dg Jennifer A Dorsey fe Dated: April 10, 2019 26 27 28 3 48134869;1

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