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Elizon Master Participation Trust 1 v. Saticoy Bay LLC Series 8920 El Diablo, 2:16-cv-00751-JCM-VCF. (2018)

Court: District Court, D. Nevada Number: infdco20180409a97 Visitors: 2
Filed: Apr. 06, 2018
Latest Update: Apr. 06, 2018
Summary: STIPULATION AND ORDER SUBSTITUTING AS PLAINTIFF/COUNTER-DEFENDANT NATIONSTAR MORTGAGE LLC FOR ELIZON MASTER PARTICIPATION TRUST 1, U.S. BANK TRUST NATIONAL ASSOCIATION, AS OWNER TRUSTEE JAMES C. MAHAN , District Judge . Elizon Master Participation Trust 1, U.S. Bank Trust National Association, as Owner Trustee ( "Elizon" ), Saticoy Bay LLC Series 8920 El Diablo ( "Saticoy Bay" ), Silverstone Ranch Community Association ( "Silverstone" ), Hampton & Hampton Collections LLC ( "Hampton" ), and
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STIPULATION AND ORDER SUBSTITUTING AS PLAINTIFF/COUNTER-DEFENDANT NATIONSTAR MORTGAGE LLC FOR ELIZON MASTER PARTICIPATION TRUST 1, U.S. BANK TRUST NATIONAL ASSOCIATION, AS OWNER TRUSTEE

Elizon Master Participation Trust 1, U.S. Bank Trust National Association, as Owner Trustee ("Elizon"), Saticoy Bay LLC Series 8920 El Diablo ("Saticoy Bay"), Silverstone Ranch Community Association ("Silverstone"), Hampton & Hampton Collections LLC ("Hampton"), and non-party Nationstar Mortgage LLC ("Nationstar") hereby stipulate and agree as follows:

1. On or about January 10, 2012, Ralph Lake ("Borrower") obtained a home loan from Bank of America, N.A. in the amount of $149,121.00 to secure the purchase real property located at 8920 El Diablo Street, Las Vegas, Nevada 89131 (the "Property"). Repayment of the Loan was secured by a Deed of Trust recorded on January 13, 2012 as instrument number 20120113-0002073.

2. On July 31, 2012, an assignment of the Deed of Trust to Bank of America, N.A., Successor by Merger to BAC Home Loans Servicing LP was recorded.

3. On July 19, 2013, an assignment of the Deed of Trust to Nationstar was recorded.

4. On September 3, 2014, an assignment of the Deed of Trust to the Secretary of Housing & Urban Development was recorded.

5. On September 3, 2014, an assignment of the Deed of Trust to Elizon Master Participation Trust 1 was recorded.

6. On September 3, 2014, an assignment of the Deed of Trust to Elizon was recorded.

7. Saticoy Bay obtained an interest in the Property via a Trustee's Deed Upon Sale recorded on January 15, 2015.

8. On October 3, 2016, an assignment of the Deed of Trust to Nationstar was recorded.

9. The Parties have determined that Nationstar is the proper plaintiff/counter-defendant since the Deed of Trust was assigned to Nationstar after the initiation of this litigation.

10. Nationstar agrees to be bound by all pleadings submitted on behalf of Elizon.

10. According, Nationstar will substitute in the place of Elizon.

ORDER

IT IS SO ORDERED.

Source:  Leagle

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