Opinion ID: 2299168
Heading Depth: 1
Heading Rank: 3

Heading: Fiduciary Moves to Vacate

Text: On June 21, 2002, Fiduciary filed a motion to vacate the January 2002 judgment, asserting that it was not properly served with the complaint filed against it in the notice case, and, that it did not receive notice of Bankers's motions for default judgment and summary judgment. Medeiros here contends that he never received notice of this motion to vacate. Nevertheless, in an order entered on September 6, 2002, the Superior Court vacated the default judgment and summary judgment against only Fiduciary. [5] No copy of this order was sent to Medeiros, nor was the order recorded in the land evidence records of the town. At some point in 2004, unaware of any potential cloud on the property, Medeiros entered into negotiations with Select (Bankers's service company) in an attempt to settle the amount owed based on the mortgage note. In a letter dated April 29, 2005, Select indicated to Medeiros that to effectively discharge the mortgage, a payoff amount of $69,893.53 was required on or before May 6, 2005. Medeiros's sister, Margaret E. Cambra (Cambra), [6] agreed to provide the necessary funds to satisfy the outstanding mortgage, as well as $5,106.47 to satisfy all outstanding real estate taxes in exchange for title to the property. On May 2, 2005, Cambra wired the $69,893.53 to Select in satisfaction of the mortgage and also paid to the town the delinquent taxes. Thereafter, without knowledge of the order vacating the default judgment and summary judgment against Fiduciary in the notice case, Medeiros executed a warranty deed conveying the property to Cambra on May 31, 2005.