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JPMorgan Chase Bank, N.A. v. Saticoy Bay, LLC, 2:17-cv-00886-MMD-GWF. (2018)

Court: District Court, D. Nevada Number: infdco20180807a25 Visitors: 17
Filed: Jul. 18, 2018
Latest Update: Jul. 18, 2018
Summary: STIPULATION AND ORDER TO QUIET TITLE TO THE SUBJECT PROPERTY AND FOR DISMISSAL WITH PREJUDICE OF DEFENDANT SATICOY BAY LLC SERIES 7612 CRUZ BAY MIRANDA M. DU , District Judge . Plaintiff JPMorgan Chase Bank, N.A. ("Chase") and Defendant Saticoy Bay LLC Series 7612 Cruz Bay ("Saticoy Bay") (together with Chase, the "Parties"), by and through their respective counsel of record, hereby stipulate and agree as follows: IT IS HEREBY STIPULATED AND AGREED that title to the property commonly known
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STIPULATION AND ORDER TO QUIET TITLE TO THE SUBJECT PROPERTY AND FOR DISMISSAL WITH PREJUDICE OF DEFENDANT SATICOY BAY LLC SERIES 7612 CRUZ BAY

Plaintiff JPMorgan Chase Bank, N.A. ("Chase") and Defendant Saticoy Bay LLC Series 7612 Cruz Bay ("Saticoy Bay") (together with Chase, the "Parties"), by and through their respective counsel of record, hereby stipulate and agree as follows:

IT IS HEREBY STIPULATED AND AGREED that title to the property commonly known as 7612 Cruz Bay Court, Las Vegas, Nevada 89128 (APN 138-16-617-008) is quieted in the name of Saticoy Bay LLC Series 7612 Cruz Bay.

IT IS FURTHER STIPULATED AND AGREED that nothing in this Stipulation and Order, or the relief granted herein, shall be construed or deemed to alter, affect, limit, waive, or restrict the rights of Chase (or any of its authorized agents, investors, affiliates, predecessors, successors, and assigns) relating to the promissory note (the "Note") described in the Deed of Trust recorded in the records of the Clark County, Nevada recorder as instrument number 200911300005604 (the "Chase DOT").

Saticoy Bay and Chase further agree that this Stipulation and Order is in no way intended to impair the rights of Chase (or any of its authorized agents, investors, affiliates, predecessors, successors, and assigns) to pursue any and all remedies against the Borrower(s), as defined in the Chase DOT and/or Note, that Chase (or any of its authorized agents, investors, affiliates, predecessors, successors, and assigns) may have relating to the Note, except the right to judicially or non-judicially foreclose/enforce the Chase DOT against the property described in the Chase DOT.

IT IS FURTHER STIPULATED AND AGREED that a copy of this Stipulation and Order may be recorded with the Clark County, Nevada Recorder.

IT IS FURTHER STIPULATED AND AGREED that Saticoy Bay shall be dismissed from this litigation WITH PREJUDICE, with each party to bear its own costs and fees. This dismissal pertains to Saticoy Bay only and not to any other party.

ORDER

IT IS SO ORDERED.

Source:  Leagle

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