Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-ared-4_09-cv-00064/USCOURTS-ared-4_09-cv-00064-0/pdf.json

Nature of Suit Code: 690
Nature of Suit: Other Forfeiture and Penalty Suits
Cause of Action: 18:981 Civil Forfeiture

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UNITED STATES DISTRICT COURT 

FOR THE EASTERN DISTRICT OF ARKANSAS 

WESTERN DIVISION 

UNITED STATES OF AMERICA PLAINTIFF 

v. CASE NO. 4:09cv00064 BSM 

Real Property Located at 3735 ED ALLEN ROAD, 

BENTON, ARKANSAS 72019 DEFENDANT 

REGIONS MORTGAGE and 

REGIONS BANK CLAIMANTS 

JUDGMENT 

The parties have agreed and consented to the judgment set forth herein. Regions 

Mortgage and Regions Bank, the sole claimants of the real property specifically described 

as follows: 

3735 ED ALLEN ROAD, BENTON, ARKANSAS 72019 

("defendant property"), have consented to the terms of this order and have waived any 

defenses and the formal service of further process in this action. 

Therefore, it is ordered, adjudged, and decreed as follows: 

1. Judgment is entered for the United States and the property is condemned as 

forfeited to the United States. Defendant property shall be turned over to the United States 

Secret Service and disposed of according to law. 

2. The amended claims of Regions Mortgage and Regions Bank (collectively 

referred to as the "Regions claim") are hereby recognized: 

Case 4:09-cv-00064-BSM Document 17 Filed 02/03/10 Page 1 of 5
A. Regions Mortgage has the first lien on defendant property by virtue of 

a mortgage filed for record with the Circuit Clerk and Ex-Officio 

Recorder of Saline County, Arkansas, on February 17, 2005 as 

Document No. 05-16504. As ofJanuary 29, 2010, the amount owed to 

Regions Mortgage is $190,144.86. Interest continues to accrue on this 

amount after January 29, 2010 at the daily rate of $26.22. Regions 

Mortgage is also entitled to receive the attorneys' fees and costs it 

incurred in the amount of $8,500.00. 

B. Regions Bank has the second lien on defendant property by virtue of a 

mortgage filed for record with the Circuit Clerk and Ex-Officio 

Recorder of Saline County, Arkansas, on March 8, 2005 as Document 

No. 05-23585. As of February 20, 2010 the amount owed to Regions 

Bank is $34,360.56. Interest continues to accrue on this amount after 

February 20,2010 at the daily rate of$3.0189. 

3. Upon sale ofdefendant property, Regions Mortgage and Regions Bank will be 

paid the amount of the Regions claim, together with any accrued interest. 

4. The payment in full of the Regions claim shall be in full settlement and 

satisfaction ofall claims by Regions Mortgage and Regions Bank arising from and resulting 

from the seizure, detention, and forfeiture of defendant property. 

5. Regions Mortgage and Regions Bank will not be required to release their liens 

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Case 4:09-cv-00064-BSM Document 17 Filed 02/03/10 Page 2 of 5
or otherwise assign and convey their security interest to the United States until the Regions 

claim has been paid in full. Once the Regions claim has been paid in full, Regions Mortgage 

and Regions Bank will release their liens or otherwise convey their security interests to the 

United States and will release and hold harmless the United States, and any agents, servants, 

and employees of the United States (and any involved state or local law enforcement 

agencies and their agents, servants, or employees), in their individual or official capacities, 

from any and all claims by Regions Mortgage and Regions Bank and their agents that 

currently exist or that may arise as a result ofthe government's actions against and relating 

to defendant property. 

6. Upon payment in full of the Regions claim, Regions Mortgage and Regions 

Bank agree not to pursue any other rights they may have under the mortgage instruments, 

including but not limited to the right to foreclose upon and sell the property and any right to 

assess additional interest or penalties. 

7. Regions Mortgage and Regions Bank agree to waive all attorneys' fees under 

28 U.S.C. § 2465. 

8. Upon payment in full of the Regions claim, Regions Mortgage and Regions 

Bank agree to execute further documents, to the extent necessary, to convey clear title to the 

property to the United States and to implement further the terms of this settlement. 

9. Except to the extent set forth in paragraph 2A above, Regions Mortgage, 

Regions Bank, and the United States each agree to bear their own costs and attorneys' fees 

as they relate to this forfeiture action. 

10. As no claim was filed by any other parties including but not limited to James 

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Case 4:09-cv-00064-BSM Document 17 Filed 02/03/10 Page 3 of 5
and Tracy Neighbors, all such parties have waived their right to any ownership interest in 

said property. 

11. That within thirty (30) days of the decree of forfeiture, James and Tracy 

Neighbors shall vacate the property and take all personal items with them. 

IT IS SO ORDERED this 3rd day of February, 2010. 

UNITED STATES DISTRICT JUDGE 

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Case 4:09-cv-00064-BSM Document 17 Filed 02/03/10 Page 4 of 5
CONSENTED TO: 

PATRICK C. HARRIS 

ACTING UNITE STATES ATTORNEY 

Date# ~~-L~N WHATLEY 

Assistant ~AttorneY

&v. ~-"---- Date

W. MICHAEL REIF 

Attorney for Claimant 

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Case 4:09-cv-00064-BSM Document 17 Filed 02/03/10 Page 5 of 5