Document ID: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-ared-5_04-cv-00424/USCOURTS-ared-5_04-cv-00424-0/pdf.json

Parties Involved:
Hayres Rose Porter
Defendant
United States of America
Plaintiff

Document Text:

FILED U.S. DISTRICT COURT 

FASTERN DISTRICT ARKANSAS 

IN THE UNITED STATES DISTRICT COURT 

JuL 0 8 2005 

EASTERN DISTRICT OF ARKANSAS 

PINE BLUFF DIVISION 

UNITED STATES OF AMERICA PLAINTIFF 

VS. NO. 5:04CV0424 SWW - 

HAYRES ROSE PORTER DEFENDANTS 

JUDGMENT 

An Agreed Order in Case No. 5:04-bk-25506 agreeing to abandonment of certain 

property securing the debt of the Unites States of America, Farm Service Agency was filed June 

16,2005 and is attached hereto as Exhibit A. No answer has been filed. 

IT IS THEREFORE. ORDERED AND ADJUDGED: 

I. The Court has jurisdiction over the parties and over the property which is the 

subject of this cause of action. 

2. The obligation of Hayres Rose Porter to the United States of America is in default 

and the debt to the United States of America is in the principal sum of $58,485.59, and interest in 

the sum of $1 1,576.57 accrued to September 27,2004, and thereafter at the daily rate of 

$12.1516 to date of this judgment and thereafter at the statutory rate pursuant to 28 U.S.C. 

Section 1961, plus advances and recoverable charges in the amount of $4,068.70 made for 

protection and maintenance of the subject property, and the costs of this action. Plaintiff United 

States of America, Rural Development, USDA, is hereby awarded judgment against the 

property described herein for the above-mentioned sums and for the sum of $3,645.82 interest 

credit. No personal judgment having been prayed for, none is rendered 

3. The above-described indebtedness due and owing to the United States ofAmerica, 

Rural Development, USDA, is secured by a mortgage recorded in the records of the Circuit Clerk 

Case 5:04-cv-00424-SWW Document 9 Filed 07/08/05 Page 1 of 6
and Ex-Officio Recorder for Chicot County, Arkansas, on November 2, 1999, in Book F-21 at 

page 61. Plaintiffs mortgage constitutes a first lien, which is paramount and superior to all right, 

title, claim, interest, estate, equity or statutory right of redemption, dower, curtesy and homestead 

of the defendant, in and to the following described property in Chicot County, Arkansas: 

Lot 22 and the East 30 feet of Lot 23 of the W.T. James Subdivision of the 

North 19.2 feet of Lot 19, all of Lots 20 through 28, and all of Lots 47 

through 53 of the plat of Lakewood Estates No. 1, as shown in Plat Book 

2, Page 31, in the office of the Circuit Clerk and Ex-Officio Recorder in 

and for Chicot County, Arkansas 

together with all improvements and appurtenances thereon. 

4. If the above-described indebtedness due plaintiff United States of America is not 

paid within 10 days from this date, the United States Marshal is directed to sell the above 

described property at public auction to the highest bidder for cash, or on a credit of 30 days, at 

the South front door of the Chicot County Courthouse, Lake Village, Arkansas. The date and 

time of such sale shall be fixed by the Marshal. If purchased on credit, the purchase price shall 

be secured by one of the following methods at the purchaser's option: furnish a corporate surety 

bond, or furnish a letter of credit from a financial institution, or post a 10% down payment. The 

corporate surety bond and letter of credit shall be in the amount of the purchase price, plus 

interest at the rate of 10% per annum from date of sale, and shall be subject to the approval of the 

U.S. Marshal. The 10% cash down payment shall be forfeited in the event of failure to pay for 

the property within 30 days, in which event the Marshal shall resell the property. In the event of 

a cash down payment, the purchaser shall pay interest on the balance of the purchase price at the 

rate of 10% per annum from date of sale. A lien against the property shall be retained to further 

secure payment of the purchase money. The property shall be sold subject to any unpaid 

2 

Case 5:04-cv-00424-SWW Document 9 Filed 07/08/05 Page 2 of 6
property taxes. If the plaintiff shall become the purchaser at such sale for a sum equal to or less 

than the indebtedness owed to plaintiff as of the date of sale, plaintiff may credit its bid against 

the amount of the debt and such credit shall be an extinguishment of the debt to the extent of 

such credit. The Marshal shall give notice of the sale as required by 28 U.S.C. Section 2002, and 

shall forthwith report the result of the sale to the Court. 

5. Upon the sale of the above-described real property all right, title, claim, interest, 

estate and equity or statutory right of redemption, and all rights of homestead, curtesy and dower 

of the defendants, and each of them, in and to said property and every part thereof shall from that 

date be foreclosed and forever barred. 

6. The purchaser at said sale shall be given possession upon demand and the Clerk of 

this Court is hereby authorized and directed to issue writs of assistance upon application therefor 

to the United States Marshal for the Eastern District of Arkansas, who will proceed to place the 

purchaser in possession of said property. 

7. The sale proceeds, after expenses of sale, shall be paid to the plaintiff United 

States of America to the extent of the indebtedness owed to the United States of America. Any 

surplus shall be retained in the registry of the Court subject to further orders of the Court with 

notice to the Trustee in Bankruptcy 

8. The Court retains jurisdiction of this cause for the making of such further orders 

as may be necessary to effectuate this judgment. 

Case 5:04-cv-00424-SWW Document 9 Filed 07/08/05 Page 3 of 6
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IN THE UNITED STATES BANKRUPTCY COURT 

EASTERN DISTRICT OF ARKANSAS 

PINE BLUFF DIVISION 

IN RE: HAYRES ROSE PORTER 

DEBTOR 

NO. 5:04-bk-25506T 

CHAPTER 13 

AGREED ORDER 

Comes on for approval the proposal of the Trustee to abandon certain property 

securing the debt of the United States of America, Farm Service Agency. The Court, 

being sufficiently advised, finds that the Trustee and Debtor have agreed and jointly 

consented to entry of this Order. Therefore, upon consideration, and for good cause 

shown, it is 

ORDERED, that the Trustee's interest in and to the following described property 

securing the debt owed to the United States of America, Farm Service Agency, is hereby 

abandoned: 

Lot 22 and the East 30 feet of Lot 23 of the W.T. James 

Subdivision of the North 19.2 feet of Lot 19, all ofLots 20 

through 28, and allof Lots 47 through 53 of the plat of 

Lakewood Estates No. 1, asshown in Plat Book 2, Page 31, in the 

office of the Circuit Clerk and Ex-Officio Recorder in and for 

Chicot County, Arkansas. (Property location: 215 Willow 

Drive, Lake Village, AR) 

It is further ordered that the stay provisions of 11 U.S.C. $362 should be, and 

hereby are, relaxed with regard to the properly, securing the debt of the United States of 

America, Farm Service Agency, abandoned through this Order, and creditors with valid 

claims or interests in and to the abandoned property are released to pursue their usual 

EOD 6/16/05 BY LNS 

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lawful remedies against the Debtor's interest in said abandoned property; however, the 

provisions of $362 continue in full force and effect as to the Debtor and to all other 

property of the estate or property of the Debtor not itemized within this Order, and suits 

or actions to enforce personal money judgments against the Debtor is precluded by the 

operative provisions of $362 not relaxed by this Order. 

Entered this day of June, 2005. 

HONORABLE RICHARD D. TAYLOR 

UNITED STATES BANKRUPTCY JUDGE 

June 16,2005 

APPROVED: 

/s/ Walter M. Dzckrns . . on 

Walter M. Dickinson 

U.S. Bankruptcy Trustee 

3 101 Hinson Road 

Little Rock, AR 72212-2713 

Case 5:04-cv-00424-SWW Document 9 Filed 07/08/05 Page 5 of 6
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Hayres Rose Porter 

594-bk-25506T 

Agreed Order 

/s/ G. Gre~orv Niblock 

G. Gregory Niblock 

Attorney for Debtor 

P. 0. Box 1208 

Stuttgart, AR 72160 

/s/ Fletcher Jackson 

Fletcher Jackson 

Assistant United States Attorney 

P. 0. Box 1229 

Little Rock. AR 72203 

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