Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-almd-2_15-cv-00064/USCOURTS-almd-2_15-cv-00064-1/pdf.json

Nature of Suit Code: 190
Nature of Suit: Other Contract Actions
Cause of Action: 28:1332 Diversity-Breach of Contract

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IN THE DISTRICT COURT OF THE UNITED STATES FOR THE

MIDDLE DISTRICT OF ALABAMA, NORTHERN DIVISION

PRINSBANK, a Minnesota

banking corporation,

)

)

)

 Plaintiff, )

) CIVIL ACTION NO.

 v. ) 2:15cv64-MHT

) (WO)

GLEN E. POWELL, an

individual; et al.,

)

)

)

 Defendants. )

ORDER CONFIRMING FORECLOSURE DEEDS

This matter comes before the court on the Motion 

for Confirmation of Foreclosure Deeds (doc. no. 39)

(the “Motion”) filed by Prinsbank, a Minnesota banking 

corporation (“Prinsbank”), in connection with 

Prinsbank’s foreclosure of certain mortgages pursuant 

to this court’s Judgment and Decree of Foreclosure 

entered in the above-styled action on November 23, 2015 

(Doc. No. 37) (the “Judgment”). Capitalized terms used 

but not otherwise defined herein shall have the 

meanings ascribed to them in the Motion. Based upon 

the grounds set forth in the Motion, due and proper 

Case 2:15-cv-00064-MHT-GMB Document 41 Filed 08/12/16 Page 1 of 3
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notice of the Motion having been given, and for other 

good cause shown, the court determines that the Motion 

is well taken and that the relief requested in the 

Motion is due to be granted. Accordingly, it is 

ORDERED, ADJUDGED, AND DECREED as follows:

(1) The Motion and the relief requested in the 

Motion are granted.

(2) The foreclosure procedures and foreclosure 

sales described in the Motion were performed in 

accordance with the terms of the Judgment, the 

Foreclosed Mortgages and applicable law, and the 

Foreclosure Deeds attached to the Motion as Exhibit A 

are hereby approved and confirmed. 

(3) Immediately upon entry of this order, Prinsbank 

shall be allowed to record the Foreclosure Deeds with 

the probate records of Covington County, Alabama, and 

the statutory right of redemption (for those parties 

entitled to exercise such right) shall expire one year 

therefrom.

Case 2:15-cv-00064-MHT-GMB Document 41 Filed 08/12/16 Page 2 of 3
(4) Prinsbank shall apply the credit bids on 

account of the foreclosures of the mortgages identified 

in subparagraphs 9(c), 9(f), and 9(h) of the Judgment 

to the indebtedness owing on account of the April 27 

Note (including but not limited to Prinsbank’s 

foreclosure expenses), and Prinsbank shall apply the 

credit bid on account of the foreclosure of the 

mortgage identified in subparagraph 9(d) of the 

Judgment to the indebtedness owing on account of the 

October 10 Note (including but not limited to 

Prinsbank’s foreclosure expenses).

DONE, this the 12th day of August, 2016.

 /s/ Myron H. Thompson 

UNITED STATES DISTRICT JUDGE

Case 2:15-cv-00064-MHT-GMB Document 41 Filed 08/12/16 Page 3 of 3