Bank of New York Mellon v. Amber Hills II Homeowners' Association et al

Filing 62

ORDER granting 60 Stipulation of Final Judgment Confirming Existence and Validity of Deed of Trust. FURTHER ORDERED that this order constitutes the final judgment of this Court,resolving all claims in this case with prejudice, each party to bear its own fees and costs. Signed by Judge James C. Mahan on 11/15/2018. (Copies have been distributed pursuant to the NEF - MMM)

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Case 2:16-cv-02576-JCM-GWF Document 60 Filed 11/05/18 Page 1 of 6 1 2 3 4 5 6 7 8 9 ARIEL E. STERN, ESQ. Nevada Bar No. 8276 VATANA LAY, ESQ. Nevada Bar No. 12993 AKERMAN LLP 1635 Village Center Circle, Suite 200 Las Vegas, NV 89134 Telephone: (702) 634-5000 Facsimile: (702) 380-8572 Email: ariel.stern@akerman.com Email: vatana.lay@akerman.com Attorneys for Plaintiff The Bank of New York Mellon fka the Bank of New York as Trustee for the Certificateholders of the CWABS, Inc., Asset-Backed Certificates, Series 2006-4 AKERMAN LLP 1635 Village Center Circle, Suite 200 VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 UNITED STATES DISTRICT COURT 11 FOR THE DISTRICT OF NEVADA 12 13 14 15 THE BANK OF NEW YORK MELLON FKA THE BANK OF NEW YORK, AS SUCCESSOR TRUSTEE TO JPMORGAN CHASE BANK, N.A., AS TRUSTEE FOR HOLDERS OF SAMI II TRUST 2006-AR2, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-AR2 16 17 18 19 Plaintiff, Case No.: 2:16 cv 02576 -JCM-GWF STIPULATION AND ORDER OF FINAL JUDGMENT CONFIRMING EXISTENCE AND VALIDITY OF DEED OF TRUST vs. AMBER HILLS II HOMEOWNERS ASSOCIATION; MARK DESISTO; ALESSI & KOENIG, 20 Defendants. 21 Plaintiff The Bank of New York Mellon f/k/a The Bank of New York as Successor Trustee to 22 JPMorgan Chase Bank, N.A., as Trustee for Holders of SAMI II Trust 2006-AR2, Mortgage Pass- 23 Through Certificates, Series 2006-AR2 (BoNYM), Amber Hills II Homeowners Association's 24 (Amber Hills), and Mark Desisto (Desisto) stipulate as follows: 25 26 1. This matter relates to real property located 9580 W. Reno Avenue, #116, Las Vegas, Nevada 89148, APN 163-30-519-028. The property is more specifically described as: 27 28 APN: 163-30-519-028 46070670;2 Case 2:16-cv-02576-JCM-GWF Document 60 Filed 11/05/18 Page 2 of 6 1 PARCEL I (Common Area) 2 One (I) allocated interest as tenants-in-common in and to the Common Area of each phase of final map of AMBER HILLS II, a Common Interest Condominium Development, as shown by map thereof on file in Book 107 of Plats, Page 12 in the Office of the County Recorder, Clark County, Nevada. Said allocated interest to be a fraction, the numerator of which shall be one (1), and the denominator which shall be the number of Units in the Community which shall became subject to the Declaration of Restrictions recorded April 12, 2002 in Book 20020412 as Document No. 01791, Official Records. 3 4 5 6 7 8 9 AKERMAN LLP 1635 Village Center Circle, Suite 200 VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 11 12 13 Excepting therefrom all units and buildings located within the above referenced plat. Reserving therefrom the right to possession of all those areas delineated as "Limited Common Elements" upon final map of AMBER HILLS 11, a Common Interest Condominium Development as defined in the Declaration. Further reserving therefrom for the benefit of the Owners of all units within final map of AMBER HILLS 11, a Common Interest Condominium Development, (except the unit referred to In Parcel II, herein) non-exclusive easements for ingress, egress and recreational use on, over and across the Common Elements, as provided for in and subject to the Declaration. 14 15 16 17 18 PARCEL II (Living Unit) Unit No. One Hundred Sixteen (116) in Building Four (4), as shown upon the above referenced Plat. PARCEL III (Limited Common Elements) 20 The exclusive right of use, possession, and occupancy of those portions the project designated as those "Limited Common Elements" (including but not limited to patio(s), balconies, porch/landing, and parking space(s) as defined in and subject to the Declaration), which are appurtenant to Parcels I and II described above. 21 PARCEL IV (Appurtenant Easements) 19 22 23 24 25 A non-exclusive easement for ingress, egress and recreational use on, over and across those portions of final map of AMBER HILLS II, a Common Interest Condominium Development, delineated as "Private Drives", "Recreational Facilities" and "Common Elements", as defined in amid subject to the Declaration, which easement is appurtenant to Parcels 1 and II. APN 163-30-519-028 26 27 28 2 APN: 163-30-519-028 46070670;2 Case 2:16-cv-02576-JCM-GWF Document 60 Filed 11/05/18 Page 3 of 6 1 2. BoNYM is the beneficiary of record of a deed of trust that encumbers the Property and 2 was recorded on January 10, 2006, as Instrument No. 20060110-0004422, in the Official Records of 3 Clark County, Nevada (the Deed of Trust). 4 3. On December 7, 2010, Desisto recorded a foreclosure deed as Instrument No. 20121207- 5 0003222 in the Official Records of Clark County, Nevada (the HOA Foreclosure Deed), reflecting 6 that Desisto purchased the property at a foreclosure sale of the property conducted by Amber Hills 7 and Alessi on August 15, 2012 (the HOA Sale). Desisto has not transferred its interest in the property 8 and is still the title holder of record. 9 AKERMAN LLP 1635 Village Center Circle, Suite 200 VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 4. On November 7, 2016, BoNYM initiated a quiet title action against Desisto, Amber Hills, and Alessi in the United States District Court, District of Nevada, Case No. 2:16-cv-02576. 11 5. BoNYM, Amber Hills, and Desisto have entered a confidential settlement agreement in 12 which they have settled all claims between them in this case. This stipulation and order applies to the 13 matters addressed in this particular case only and has no relevance to any other matter. 14 /// 15 /// 16 /// 17 18 19 20 21 22 23 24 25 26 27 28 3 APN: 163-30-519-028 46070670;2 Case 2:16-cv-02576-JCM-GWF Document 60 Filed 11/05/18 Page 4 of 6 1 6. The Deed of Trust survived and was not extinguished in any capacity by the HOA Sale. 2 The Deed of Trust remains a valid encumbrance against the property following the recording of the 3 HOA Foreclosure Deed, and Desisto's interest in the property is subject to the Deed of Trust. 4 DATED this 5th day of November, 2018. 5 6 AKERMAN LLP HOA LAWYERS GROUP LLC 7 /s/ Steven T. Loizzi, Esq. STEVEN T. LOIZZI, JR. ESQ. Nevada Bar No. 10920 9500 W. Flamingo, Suite 204 Las Vegas, Nevada 89147 Attorney for Defendant Mark Desisto and Alessi & Koenig, LLC 11 /s/ Vatana Lay, Esq. ARIEL E. STERN, ESQ. Nevada Bar No. 8276 VATANA LAY, ESQ. Nevada Bar No. 12993 1635 Village Center Circle, Suite 200 Las Vegas, NV 89134 Attorneys for Plaintiff 12 GORDON & REES LLP 8 9 AKERMAN LLP 1635 Village Center Circle, Suite 200 VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 13 14 15 16 17 18 /s/ Brian K. Walters, Esq. ROBERT S. LARSEN, ESQ. Nevada Bar No. 7785 BRIAN K. WALTERS, ESQ. Nevada Bar No. 9711 300 South Fourth Street, Suite 1500 Las Vegas, Nevada 89101 Attorneys for Defendant Amber Hills II Homeowners’ Association 19 20 21 22 23 24 25 26 27 28 4 APN: 163-30-519-028 46070670;2 Case 2:16-cv-02576-JCM-GWF Document 60 Filed 11/05/18 Page 5 of 6 1 ORDER 2 Based on the above stipulation between plaintiff The Bank of New York Mellon f/k/a The 3 Bank of New York as Successor Trustee to JPMorgan Chase Bank, N.A., as Trustee for Holders of 4 SAMI II Trust 2006-AR2, Mortgage Pass-Through Certificates, Series 2006-AR2 (BoNYM), Amber 5 Hills II Homeowners Association's (Amber Hills), and Mark Desisto (Desisto), the Parties' 6 agreement, and good cause appearing therefore, Nevada against the real property located at 9580 W. Reno Avenue, #116, Las Vegas, Nevada 89148, 9 APN 163-30-519-028 on on January 10, 2006, as Instrument No. 20060110-0004422, was not 10 AKERMAN LLP IT IS ORDERED that the deed of trust recorded in the Official Records of Clark County, 8 1635 Village Center Circle, Suite 200 VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 7 extinguished, impaired, or otherwise affected by the foreclosure sale of the property conducted by 11 Amber Hills and Alessi on August 15, 2012 or the recording of the HOA foreclosure deed in the 12 Official Records of Clark County, Nevada, on December 7, 2010, as Instrument No. 20121207- 13 0003222, reflecting that Desisto purchased the property at the HOA Sale. Desisto's ownership interest 14 in the property is subject to the deed of trust. 15 IT IS FURTHER ORDERED that BANA shall be entitled to record this STIPULATION 16 AND ORDER CONFIRMING VALIDITY OF DEED OF TRUST in the Official Records of Clark 17 County, Nevada in accordance with the rules of the Recorder's Office. 18 19 20 IT IS FURTHER ORDERED that this order constitutes the final judgment of this Court, resolving all claims in this case with prejudice, each party to bear its own fees and costs. November 15, 2018. DATED this _____ day of ___________________, 2018. 21 22 23 DISTRICT COURT DISTRICT JUDGE UNITED STATES JUDGE 24 25 26 27 28 5 APN: 163-30-519-028 46070670;2 Case 2:16-cv-02576-JCM-GWF Document 60 Filed 11/05/18 Page 6 of 6 1 Respectfully submitted by: 2 AKERMAN LLP /s/ Vatana Lay, Esq. ARIEL E. STERN, ESQ. Nevada Bar No. 8276 VATANA LAY, ESQ. Nevada Bar No. 12993 1635 Village Center Circle, Suite 200 Las Vegas, NV 89134 3 4 5 6 7 8 9 AKERMAN LLP 1635 Village Center Circle, Suite 200 VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 6 APN: 163-30-519-028 46070670;2

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