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SFR INVESTMENTS POOL 1, LLC, Plaintiff, v. U.S. BANK NATIONAL ASSOCIATION AS LEGAL TITLE TRUSTEE FOR TRUMAN 2016 SC6 TITLE TRUST AND FIRST AMERICAN TRUSTEE SERVICING SOLUTIONS, LLC, Defendant.

LARRY R. HICKS UNITED STATES DISTRICT JUDGE

WRIGHT, FINLAY & ZAK, LLP Aaron D. Lancaster, Esq. Attorneys for Defendant, U.S. Bank National Association as Legal Title Trustee for Truman

KIM GILBERT EBRON Diana S. Ebron, Esq. Attorneys for Plaintiff, SFR Investments Pool 1, LLC

MAURICE WOOD Aaron R. Maurice, Esq. Brittany Wood, Esq. Attorneys for Defendant, First American Trustee Servicing Solutions, LLC

STIPULATION AND ORDER TO STAY LITIGATION

LARRY R. HICKS UNITED STATES DISTRICT JUDGE

COME NOW Plaintiff, SFR Investments Pool 1, LLC (“Plaintiff”), Defendant, U.S. Bank National Association as Legal Title Trustee for Truman 2016 SC6 Title Trust (“U.S. Bank”) and Defendant, First American Trustee Servicing Solutions, LLC (“FATSS”), by and through their respective counsel of record, and hereby stipulate and agree as follows:

On October 23, 2020, Plaintiff filed a Complaint against Defendants in the above-identified action, seeking declaratory relief, slander of title, violation of NRS 107.028 and wrongful foreclosure, among other allegations.

On November 10, 2020, the Court entered a preliminary injunction enjoining U.S. Bank from foreclosing under the subject deed of trust pending resolution of the above-identified action.

The parties acknowledge that the certification of questions of law to the Nevada Supreme Court in U.S. Bank, N.A. v. Thunder Properties, Inc., No. 17-16399 could have significant bearing on the outcome of the present case.

WHEREFORE, to preserve judicial time and resources, as well as those of the parties, Plaintiff and Defendants hereby stipulate and agree to stay this action pending decision from the Nevada Supreme Court in U.S. Bank, N.A. v. Thunder Properties, Inc., No. 17-16399.

IT IS HEREBY STIPULATED AND AGREED by the Parties to STAY discovery and future deadlines in the case pending the Nevada Supreme Court's decision in U.S. Bank, N.A. v. Thunder Properties, Inc., No. 17-16399.

IT IS FURTHER STIPULATED AND AGREED, to an additional ninety (90) days discovery period following the lifting of the stay in this case.

IT IS SO STIPULATED.

ORDER

IT IS SO ORDERED.

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SFR Investments Pool 1, LLC v. U.S. Bank National Association As Legal Title Trustee For Truman 2016 SC6 Title Trust and First American Trustee Servicing Solutions, LLC
(Jun 3, 2021)