LBCMT 2007-Seminole Trail, LLC v. Sheppard et al

Filing 34

MEMORANDUM OPINION. Signed by District Judge Glen E. Conrad on 6/17/2013. (mab)

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M EM O R AND U M O PI IO N
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ERI D .SH EPPA RD
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By:Hon. l n E.Conr d
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Chi fU nie St t D i ti tJ
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t d a es sr c udge

rd
PHI P W OLM AN ,
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Def
endant
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r udg nt
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urher s ove y s c s r nd ha her s
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111
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andard ofR evi w
e

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g n n d s u ea t a ymae ilfc a dt mo a ti e t ldt j d me ta amatro lw.
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l , U. 242,255( 98 .
nc.477 S.
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ent
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vi
gi ng t m f le f c e e i unus lc r m s a es' H iac Cr tA m . p. Si ne
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Cor v. g t

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nk, 66 3d 4, 4t r 999) n hi s t ris gred ha he rnt
d
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U nde V igi a I ,a gua a y i i n i pe ntco r c , whi h t gua a or
r r ni aw
r nt s k nde nde
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Va
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tr oft prmayoblgai ( dea tont o i tonbyt prmayoblgor a (
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t tt a ountdue und t Gua a y ha no be n pai by t d e nt .
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n h i re n p osto o he to o u r u g n ,h ee d ns o u
s e y on t t r e e e , r i t ta ge ne dipu e e s sast whe he a e ntofde aul
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s t xi t
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f t
occur ed undert l docum ent Fort f l i reasons how ever,t courtconcl
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he oan
s.
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udest
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he f nda t ' r
nt ais s
te
a
l i undi put d t tW SG Cha l t s lef l t m a m ont y pa e sw ihi t tm e
ts
s e ha
rote vil aied o ke
hl ym nt t n he i
r qui e unde t Not i l t 201 a i t o orm or m on hs i 2011 See 11 30/ 2
e rd
r he e n a e 0 nd n w
e
t n
.
/ 201

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ppad c. t
/ / 2 ppad l t
he xpr s ems he d
Tr t an ûeventofdef t'occur ûi any porton oft D ebti notpai on t dat t s e i
us , ç
aul'
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d .... ( e ofTr ta j9.())
ue ' De d
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t r ha s i he a t ha
r ote vil aie o ke ym nt t n he
tm e r r undert N ot t def
i equied
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s gue hat he esuli
aul
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e

t M a c 31, 11 notc ofpa entde a twasa es e onl t W SG Cha l t s le a not
he r h
20
ie
ym
f ul
ddr s d y o
rote vil nd
t is a t ney. Thi a gum en f isasa m a t rofl w,how e r bec us w rte notc ofa
o t tor
s r
t al
te
a
ve , a e it n i e
pa e de aul w a notr uie unde t N ot ort D e d ofTr t
ym nt f t s
eq r d
r he
e he e
us .

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s nt o
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or he ym nt l r ny r f he bt' xpr s l ' veg es nt nt nd m nd or
wa
paym e ,...a notc o ...
nt
nd i e f non- ym e , nd a 1ot no i s ofa ki ot rt n notc
pa nt a 1 her tce
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s ii al rquie ' t Noe t Dee ofTr t a ot rl ndoc nt. ( ea j 1l)
pectc ly e r d'by he t,he d
us, nd he oa
ume s Not t .
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855,858( 1 )
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Gua a y' ownt r s whi ht def nt ha r ognied s k f t
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Se W ol v.Fami Mae No.11241 20l U. App.LEXI 4300,a * ( h Ci.Feb.28,
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Vemi ie. d.v.W . Grce& Co. 1 F. 535, - (t Ci.1 ) Howe r t
r cult Lt
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, 56 3d
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ve,i
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Supp.2 61 620( D. 2009)(ii W ad'
d 0, E. Va.
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p. nc. Ne
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,d
whe ris o
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ontac e t ld nd ndi i ht , n m i d ove nt
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na i bl o hos i ht ,' nd ur s l
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e ii n m guous c r ti o dert c ea e dute t tdo notot wi e e s .' W a d'
ontac n r o r t
i s ha
her s xi t'
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Equi ,l . 493 S. 2d a 5
p. nc ,
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xe ci e ontac ual s r t o n d a t ve
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t'
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3d

l t sca e t tr so t Gua a y sgnedby t de e nt e es l pr det ti
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t Pr rys j c t t de be omespatofavol ar ba pt pr e ng,hedef nt
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ENTER :Thi t &day o J
s 7
f une, 2013.
Chi Unie St t s D it i tJ e
ef t d a e s rc udg

16