STIPULATION AND ORDER TO EXTEND TIME TO ANSWER OR OTHERWISE PLEAD IN RESPONSE TO PLAINTIFF'S COMPLAINT

(First Request)

NANCY J. KOPPE, Magistrate Judge.

Defendant, HSBC Bank USA N.A., as Trustee on Behalf of ACE Securities Corp. Home Equity Loan Trust and for the Registered Holders of ACE Securities Corp. Home Equity Loan Trust Series 2006-HE2, Asset Back Pass Through Certificates ("HSBC"), by and through its attorney of record Patrick J. Davis, Esq. of the law firm of Wright, Finlay & Zak, LLP and Plaintiff Hollyvale Rental Holdings, LLC ("Hollyvale"), by and through its attorney of record Bradley G. Sims, Esq. of the law firm Hutchison & Steffen, PLLC, hereby stipulate and agree as follows with regard to HSBC's obligation to Answer or otherwise plead in response to Hollyvale's Complaint by July 12, 2017.

Counsel for HSBC needs additional time to adequately respond to the arguments raised in Hollyvale's Complaint. Due to the fluid nature of case law and inconsistent results regarding quiet title actions based on HOA lien foreclosure sales regarding the same contested issues in this case, counsel needs additional time to draft an adequate response.

The deadline to Answer or otherwise Plead in response to Plaintiff's Complaint is hereby extended until July 26, 2017. This is the first request for such an extension, and it is made and in good faith and not for purposes of delay.

IT IS SO STIPULATED AND AGREED.

ORDER

IT IS SO ORDERED.