Wells Fargo Bank, N.A. v. U.S. Economic Development Administration

Filing 14

ORDER granting ECF No. 10 plaintiff's Motion for Summary Judgment; judgment in this action is awarded to Wells Fargo; the Grant Deed is declared invalid and of no legal force or effect; the EDA is declared to have no right, title or in terest in the Property; Wells Fargo is declared to be entitled to cause the Grant Deed to be removed from the Propertys chain of title; and this Order shall be recordable with the Clark County Recorders Office for the purpose of effecting the relief provided for herein. Signed by Judge Miranda M. Du on 1/9/2018. (Copies have been distributed pursuant to the NEF - LH)

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1 2 3 4 5 6 UNITED STATES DISTRICT COURT 7 DISTRICT OF NEVADA 8 9 10 WELLS FARGO BANK, N.A., Plaintiff, CASE NO. 2:17-cv-01812-MMD-VCF ORDER v. Snell & Wilmer L.L.P. LAW OFFICES 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, Nevada 89169 702.784.5200 11 12 U.S. ECONOMIC DEVELOPMENT ADMINISTRATION, 13 Defendant. 14 15 WHEREAS, on June 30, 2017 Plaintiff Wells Fargo Bank, N.A. (“Wells Fargo”) 16 commenced this action by the filing of its Complaint, which seeks a declaration that a Grant, 17 Bargain and Sale Deed, No. 20140702-0002676 recorded in Clark County on July 2, 2014 (the 18 “Grant Deed”), purporting to convey Wells Fargo’s interest in the real property commonly known 19 as 6500 Alpine Forest Court, Las Vegas, Nevada 89149, APN # 125-21-412-039 (the “Property”) 20 to the Defendant U.S. Economic Development Administration (the “EDA”), is invalid and of no 21 legal force and effect and that the EDA has no right, title, or interest in the Property; 22 WHEREAS, on July 25, 2017 the EDA filed a Disclaimer of Interest, pursuant to which it 23 states that it has no interest in the Property and disclaims any interest in the Property, and has 24 otherwise not answered or appeared in this action; 25 WHEREAS, on November 27, 2017 Wells Fargo filed its Motion for Summary Judgment 26 (the “Motion”), seeking an adjudication that it is entitled to the relief requested in its Complaint 27 because the EDA has disclaimed any interest in the Property and because Wells Fargo 28 understands the Grant Deed to be a forgery; 4811-9730-4154 1 WHEREAS the EDA did not oppose or otherwise respond to the Motion; and 2 WHEREAS Wells Fargo has shown to the Court’s satisfaction that there is no genuine 3 dispute as to any material fact at issue in this case and that Wells Fargo is entitled to the relief 4 sought in the Complaint and the Motion as a matter of law; 5 6 NOW THEREFORE IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Wells Fargo’s Motion is GRANTED; 7 8 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED THAT judgment in this action be awarded in Wells Fargo’s favor; 9 10 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED THAT the Grant Deed is declared invalid and of no legal force or effect; Snell & Wilmer L.L.P. LAW OFFICES 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, Nevada 89169 702.784.5200 11 12 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED THAT the EDA is declared to have no right, title or interest in the Property; 13 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED THAT Wells Fargo is 14 declared to be entitled to cause the Grant Deed to be removed from the Property’s chain of title; 15 and 16 IT IS FURTHER IT IS FURTHER ORDERED, ADJUDGED, AND DECREED 17 THAT this Order shall be recordable with the Clark County Recorder’s Office for the purpose of 18 effecting the relief provided for herein. 19 IT IS SO ORDERED. 20 ___________________________________ Hon. Miranda M. Du United States District Court 21 22 January 9, 2018 DATED:__________________________ 23 24 25 26 27 28 -24811-9730-4154

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