[Download] "Medford Ii" by New York Suffolk District Court * eBook PDF Kindle ePub Free

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eBook details

• Title: Medford Ii
• Author : New York Suffolk District Court
• Release Date : January 07, 2005
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 67 KB

Description

Petitioner, Medford II, LLC (hereinafter Medford), purchased the property known as 147 Peconic Avenue, Medford, New York at a foreclosure sale held on June 9, 2005 and acquired title to the premises pursuant to a Referees Deed of Sale dated June 21, 2005 and duly recorded July 1, 2005. The original mortgage holder on the premises, Banc of America Commercial Finance Corp, (hereinafter Banc of America), commenced the foreclosure action against the owner and mortgagor, Rice Oil Corp. (hereinafter Rice Oil) as well as other named defendants on July 13, 2000. Contemporaneously with the filing of the foreclosure action, Banc of America also filed a notice of pendency with the County Clerk. During the course of the proceeding the mortgage was assigned several times and was eventually assigned to Medford from Winters Brothers Transfer Station Corporation (hereinafter Transfer) on January 10, 2005, which was duly filed with the County Clerk on February 3, 2005. Transfer had taken assignment of the mortgage on July 30, 2004 and filed said assignment with the County Clerk on January 13, 2005. The Court notes that Joseph Winters, the president of Transfer, is the sole member of Medford. Thereafter, on February 8, 2005, Medford filed a second Notice of Pendency against the subject premises with the County Clerk.

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