Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-alsd-1_15-cv-00260/USCOURTS-alsd-1_15-cv-00260-0/pdf.json

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

---

IN THE UNITED STATES DISTRICT COURT

FOR THE SOUTHERN DISTRICT OF ALABAMA

SOUTHERN DIVISION

WHITNEY BANK, a Mississippi 

State Chartered Bank,

)

)

)

Plaintiff, )

)

vs. ) CIVIL ACTION NO. 15-0260-CG-M

)

RAR PROPERTIES, LLC, MARK 

RICHARDSON, and ALISON S. 

RICHARDSON,

)

)

)

)

Defendants. )

CONSENT JUDGMENT

This matter came before the Court upon Plaintiff, Whitney Bank, and 

Defendants, RAR Properties, LLC, Alison S. Richardson and Mark Richardson’s 

Joint Motion for Entry of Consent Judgment (Doc. 24).

Upon the agreement of the parties, it is hereby ORDERED, ADJUDGED,

and DECREED that: 

1. The Joint Motion for Entry of Consent Judgment is GRANTED.

2. The Court hereby ENTERS final judgment in favor of Whitney Bank and 

against the Defendants, jointly and severally, in the amount of $425,565.03 (the 

“Judgment Amount”) consisting of the amounts owing under loan number 8187 (the 

first loan) and loan number 6891 (the second loan) as referenced in the loan 

documents described in the complaint initiating the above-styled lawsuit (the “Loan 

Documents”), itemized as follows:

Case 1:15-cv-00260-CG-M Document 25 Filed 10/27/15 Page 1 of 2
Loan # 8187 

Principle $260,247.72

Accrued and unpaid interest $35,668.96

as of October 30, 2015

Forced placed insurance $2,590.63

Cost of collection including

Attorneys’ fees $4,000.00

Total $302,507.31

Loan # 6891

 Principle $104,244.12

Accrued and unpaid Interest

through October 30, 2015 $13,313.60

Forced placed insurance $1,500.00

Costs of collection including

Attorneys’ fees $4,000.00

Total $123,057.72

3. Post-judgment interest shall accrue at the statutory rate.

DONE and ORDERED this 27th day of October, 2015.

/s/ Callie V. S. Granade

UNITED STATES DISTRICT JUDGE

Case 1:15-cv-00260-CG-M Document 25 Filed 10/27/15 Page 2 of 2