Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_04-cv-02174/USCOURTS-caed-2_04-cv-02174-0/pdf.json

Nature of Suit Code: 890
Nature of Suit: Other Statutory Actions
Cause of Action: 28:1444 Petition for Removal- Foreclosure

---

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

McGREGOR W. SCOTT

United States Attorney

PAUL S. HAM

Trial Attorney, Tax Division

U.S. Department of Justice

P.O. Box 683

Ben Franklin Station

Washington, D.C. 20044-0683

Telephone: (202) 307-6421

Facsimile: (202) 307-0054

Attorneys for the United States of America

IN THE UNITED STATES DISTRICT COURT FOR THE

EASTERN DISTRICT OF CALIFORNIA

FIDELITY NATIONAL FORECLOSURE )

SOLUTIONS, )

 )

Plaintiff, )

 )

v. )

 )

ALL CLAIMANTS TO SURPLUS PROCEEDS )

AFTER TRUSTEE’S SALE OF REAL )

PROPERTY LOCATED AT 216 CONVICT )

DRIVE, MAMMOTH, CA 93546, )

 )

Defendants. )

 )

 )

 Civil No. S-04-2174 GEB JFM

 [Mono County Superior Court Case No. 

 15270]

 STIPULATION BETWEEN THE UNITED 

 STATES AND JAMES BROWN, AS 

 TRUSTEE OF THE MAMMOTH 

 PRESERVATION TRUST, and [Proposed] 

 ORDER 

Defendants United States of America and James Brown, as Trustee of the Mammoth Preservation

Trust, through their respective attorneys, agree as follows:

1. James Brown, as Trustee of the Mammoth Preservation Trust (“Trust”), was assigned the

beneficial interest in a deed of trust (“Deed of Trust”) originally recorded with the County Recorder’s

Office for Mono County, California (“County Recorder”) on December 4, 1995. The Deed of Trust was

secured by real property located at 216 Convict Drive, Mammoth, California 93546 (“subject property”). 

The stated principal obligation on the Deed of Trust was $25,000.

2. On December 4, 2003, plaintiff Fidelity National Foreclosure Solutions foreclosed a deed

of trust that was senior to the Trust’s Deed of Trust against the subject property, generating excess

proceeds. The Trust’s claim based upon the Deed of Trust’s principal stated obligation, including

Case 2:04-cv-02174-GEB -JFM Document 21 Filed 07/11/05 Page 1 of 3
1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

interest, was fully satisfied when $47,217.79 was distributed to it from the excess proceeds. The

remaining amount of the excess proceeds, $168,065.45 and any accrued interest, is now held by this

Court’s Registry pending adjudication of the priorities of the remaining claimants to the excess proceeds. 

3. The Deed of Trust is senior to the United States’ federal tax liens for the outstanding

federal tax, plus penalties and interest, owed by Donald Carstens that were recorded against the subject

property with the County Recorder. See United States’ Answer and Claim, ¶ 11. 

4. The Trust hereby agrees to accept $25,000 in settlement, and as full accord and

satisfaction, of its claim for attorney’s fees and costs incurred in connection with protecting and

defending its interest in the Deed of Trust. The United States hereby agrees that the this claim for

attorney’s fees and costs is also senior to the United States’ federal tax liens described in paragraph 3,

above. 

////

Case 2:04-cv-02174-GEB -JFM Document 21 Filed 07/11/05 Page 2 of 3
1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

5. The Trust’s claim for $25,000 for attorney’s fees and costs incurred in defending its

beneficial interest in the Deed of Trust shall be distributed to it prior to any distribution to the United

States for amounts due under its federal tax liens, described in paragraph 3 above, in any order of

distribution by this Court regarding the excess proceeds.

Dated this 7th day of July, 2005. MCGREGOR W. SCOTT

United States Attorney

 /s/ - Paul Ham 

PAUL S. HAM

Trial Attorney, Tax Division

U.S. Department of Justice

Post Office Box 683

Ben Franklin Station

Washington, D.C. 20044

Telephone: (202) 307-6421

Facsimile: (202) 307-0054

Attorneys for the United States

Dated this 31st day of May, 2005. /s/ - David Leventhal 

DAVID LEVENTHAL

Law Offices of Leventhal & Associates

24300 Town Center Drive, Suite 240

Santa Clarita, California 91355

Telephone: (661) 251-1000

Facsimile: (661) 251-4700

Attorney for James Brown

IT IS SO ORDERED.

Dated: July 8, 2005

/s/ Garland E. Burrell, Jr.

GARLAND E. BURRELL, JR.

United States District Judge

Case 2:04-cv-02174-GEB -JFM Document 21 Filed 07/11/05 Page 3 of 3