STIPULATION AND ORDER TO 1) DISMISS CLAIMS BETWEEN JPMORGAN CHASE, N.A., DIAMOND CREEK HOMEOWNERS' ASSOCIATION, AND SFR INVESTMENTS POOL 1, LLC WITH PREJUDICE; AND 2) LIFT STAY ENTERED MARCH 22, 2018

JAMES C. MAHAN, District Judge.

Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff/Counter-Defendant JPMorgan Chase Bank, N.A. ("Chase"), Defendant/Counterclaimant/Cross-Claimant SFR Investments Pool 1, LLC ("SFR") and Defendant Diamond Creek Homeowners' Association ("Diamond Creek") (collectively, the "Parties"), through their respective attorneys, stipulate as follows:

1. This action concerns title to real property commonly known as 9491 Bighorn Point Court, Las Vegas, Nevada 89178 (the "Property") following a homeowner's association foreclosure sale conducted on December 5, 2012, with respect to the Property.

2. As it relates to the Parties, a dispute arose regarding that certain Deed of Trust recorded against the Property in the Official Records of Clark County, Nevada as Instrument Number 20080229-0001667 (the "Deed of Trust"), and in particular, whether the Deed of Trust continues to encumber the Property.

3. The Parties to this Stipulation have settled and agreed to release their respective claims, and further agreed that the claims between them, including the Complaint and Counterclaim, shall be DISMISSED with prejudice;

4. This Stipulation in no way affects SFR's cross-claim against Siu Ming Pang (the "former unit owner");

5. The Parties further stipulate and agree that the $500 in security costs posted by the Trustee on February 7, 2017 pursuant to this Court's Order [ECF No. 12] shall be discharged and released to the Ballard Spahr LLP Trust Account;

6. The Parties further stipulate and agree that the two Lis Pendens recorded against the Property in the Official Records of Clark County, Nevada, as Instruments Number 20131206-0000050 and 20170223-0003750 be, and the same hereby are, EXPUNGED;

7. The Parties further stipulate and agree that a copy of this Stipulation and Order may be recorded with the Clark County Recorder;

8. The Parties further agree to lift the stay entered March 22, 2018 (ECF No. 55);

9. This case shall remain open until such time as SFR resolves its pending cross-claim against the former unit owner; and

10. Each party in this case number 2:16-cv-02779-JCM-GWF shall bear its own attorneys' fees and costs.

IT IS SO ORDERED.