march short brief

8/20/2019 March Short Brief

1/55

IN THE COURT OF APPEALS OF OHIO

SECOND APPELLATE DIVISION

Wells Fargo Bank NA. as Trustee for Securitized C.A. Case No.023136

Asset Backed ecei!a"les ##C 2006$%&1

'ortgage &ass$T(roug( Certi)cates*

Series 2006 %&1

&lainti+*

!.

,o(n A. eed* et al.

-efendant

DEFENDANTS MOTION TO VACATE

No co/es -efendant ,o(n A. eed -efendant* for t(is

/otion to !acate t(is Courts No!e/"er 13t( 200 4udg/ent entr5

granting &lainti+ Wells Fargo Bank NA. as Trustee for Securitized

Asset Backed ecei!a"les ##C 2006$%&1 'ortgage &ass$T(roug(

Certi)cates* Series 2006 %&1 &lainti+7 /otion of 4udg/ent on

t(e "asis of t(e State of %(ios Su8re/e Courts %cto"er 31* 2012

(olding in Federal 9o/e #oan 'ortgage Cor8oration !.

Sc(artzald* 2012$%(io$:01;.


2/55

Respectfully submitted

!!!!!!!!!!!!!!!!!!!!!!!!

"#$% A& Reed


3/55

[email protected]

A t'ue (%d e)(ct c#py #f t$e f#'e*#i%* $(s bee% se'+ed t$is,-t$ d(y #f Au*ust ./,/ +i( em(il (s f#ll#0s1

Atty2s f#' Pl(i%ti3

A/elia A. Boer 0013


4/55

I%t'#duct#'y St(teme%t

As an initial /atter* -efendant freel5 acknoledges t(at &lainti+

)led t(is lasuit in 200* and /uc( litigation and ti/e (as since

ensued* including an a88eal and /otion for relief fro/ 4udg/ent8ursuant to Ci!. . 60B.

&lainti+ de"t collector Wells Fargo Bank as Trustee for Trust7

clai/s to "e t(e real 8art5 in interest to foreclose on an alleged

Note and 'ortgage created "eteen 9 Block and -efendant

eed. -efendant eed (as re8eatedl5 disa!oed an5 knoledge of

sa/e.

T(is does not* (oe!er* c(ange t(e fact t(at t(e Court ne!er

(ad 4urisdiction to (ear t(is /atter* nor as &lainti+ Wells Fargo

Bank N.A. as Trustee* t(e real 8art5 in interest entitled to enforce

t(e alleged note and /ortgage on Fe"ruar5 2;t(* 200* t(e date

&lainti+ )led t(e foreclosure co/8laint* nor can it "e at an5 8oint

t(ereafter* it(out &lainti+ (a!ing 7'st "een assigned or ot(erise

"een legall5 !ested as t(e true 9older in -ue Course of t(e note

/ortgage in Huestion. -efendant su"/its t(at &lainti+ is not* as

not* and "5 t(e Trusts on controlling docu/ents ter/s and

agree/ents* could ne!er (a!e "een.

-efendant also states t(at "5 t(e ter/s found u8on t(e alleged

'ortgage itself* as is s(on on 8age one* under t(e (eading

B%%W? C%>?NANTSI

89#''#0e' 0(''(%ts (%d 0ill defe%d *e%e'(lly t$e title

t# t$e P'#pe'ty (*(i%st (ll cl(ims (%d dem(%ds

sub:ect t# (%y e%cumb'(%ces #f 'ec#'d&;


5/55

Wit(in t(is action* -efendant is /erel5 eercising (is legal

reHuire/ent and dut5 of arranting and defending generall5 t(e

contractual ter/s of t(e alleged /ortgage contract.

-e"t collector &lainti+ Wells Fargo Bank N.A. as Trustee WFB

lacked standing to "ring* initiate or in!oke t(is action "ecause it

as not* nor as it alloed to "e* t(e (older of t(e note or t(e

assignee of t(e /ortgage at t(e ti/e it )led suit explained infra. Df

a 8art5 does not (a!e standing at t(e ti/e t(e co/8laint is )led* it

is a 4urisdictional 8ro"le/ t(at cannot later "e cured.

T(e Huestion of standing is a t(res(old Huestion of (et(er t(e

8art5 (as a personal stake in t(e outco/eJand if t(at 8ersonalstake does not eist (en t(e lasuit is )led* t(e suit /ust "e

dis/issed. &lainti+ Wells Fargo Bank N.A. as Trustee (ad no legal

interest at t(e ti/e it )led t(e co/8laint* and standing cannot eist

it(out a legal rig(t or clai/.

Since t(e foreclosing "ank relied on an alleged after foreclosure

initiation acHuired interest in t(e alleged note and /ortgage to

esta"lis( its rig(t to enforce t(e agree/ents* t(en D 'o!e t(e

Court to !acate t(e 4udg/ent in its entiret5 or to re/and "ack to

t(e ci!il court it( instruction for sa/e.

D need not 8roceed under Ci!.. 60B "ecause t(e 4udg/ent is

!oid. T(e on 8oint decision of t(e %(io Su8re/e Courts

Sc(artzald decision1 states t(at standing (as to eist at t(e ti/e

t(e case is )led* and if it does not eist* t(e 4urisdiction of t(e

co//on 8leas court as not* it could not (a!e "een in!oked. A

court it(out 4urisdiction cannot enter an5 4udg/ent ece8t one

dis/issing t(e case for lack of 4urisdiction. A /otion to !acate a

!oid as o88osed to a !oida"le 4udg/ent is not "ased on Ci!. .

1 Fed. Home Loan Mtge. Corp. v. Schwartzwald , 2012-Ohio-5017. (Standing is required to invoke the jurisdictionof the common !eas court, and it is determined as of the fi!ing of the com!aint."

http://www.supremecourt.ohio.gov/rod/docs/pdf/0/2012/2012-ohio-5017.pdfhttp://www.supremecourt.ohio.gov/rod/docs/pdf/0/2012/2012-ohio-5017.pdfhttp://www.supremecourt.ohio.gov/rod/docs/pdf/0/2012/2012-ohio-5017.pdf


6/55


7/55

Note ?( C7* (ic( contained a co85 of a recorded

assign/ent of -efendants note /ortgage to &lainti+.

T(e Assign/ent*7 attac(ed (ereto as ?(. B7.


8/55

t(e court in t(is actionL2 (ence &lainti+ lacked standing to initiate

t(is suit.3

II& L(0 (%d A'*ume%t

T(ere are /ore issues it( t(is 8ost dated assign/ent

?.B7 t(an 4ust t(ose addressed in t(e Sc(artzald -ecision.

But t(ats (ere e start.

2 #ugust 15, 200$, %emorandum in Oosition to &!aintiffs %otion for Summar' udgment ) Octo*er 15, 200$,+e!' to om!aint) ovem*er 21,200$, %otion to acate a oid udgment

• /ecem*er 1, 200$, %emorandum in Oosition to &!aintiffs %emorandum in Oosition to /efendant ohn #.

+eeds %otion to acate

) anuar' 1, 200, %otion for +econsideration) #ri! 1,2010, #mended %otion to #ea! +u!ing of the 3o4er O+6) #ri! 0, 2010, #!ication for 8mergenc' +econsideration) 9e*ruar' 1:,2011, %otion to acate udgment 8ntr'

3 iv.+. 10(/" requires attachment to the !eading of a co' of the 4ritten account or an' other 4ritteninstrument 4hen a c!aim or defense is founded on those documents. Fed. Home Loan Mtge. Corp. v. Schwartzwald ,2012-Ohio-5017. (Standing is required to invoke the jurisdiction of the common !eas court, and it is determinedas of the fi!ing of the com!aint."

Wells Fargo v. Burrows, 2012-Ohio-55 (th /ist."(# !aintiff must attach documents evidencing the right toenforce *oth the note and the mortgage to the com!aint to sho4 standing, or *e su*ject to dismissa!."

http://www.supremecourt.ohio.gov/LegalResources/Rules/civil/CivilProcedure.pdfhttp://www.supremecourt.ohio.gov/LegalResources/Rules/civil/CivilProcedure.pdfhttp://www.supremecourt.ohio.gov/rod/docs/pdf/0/2012/2012-ohio-5017.pdfhttp://www.supremecourt.ohio.gov/rod/docs/pdf/9/2012/2012-ohio-5995.pdfhttp://www.supremecourt.ohio.gov/LegalResources/Rules/civil/CivilProcedure.pdfhttp://www.supremecourt.ohio.gov/rod/docs/pdf/0/2012/2012-ohio-5017.pdfhttp://www.supremecourt.ohio.gov/rod/docs/pdf/9/2012/2012-ohio-5995.pdf


9/55

T$e POST DATED ASSI


10/55

/ortgage !ia for/al assign/ent* as (ere* onl5 (fte' t(e)ling of t(e lasuit. T(e trial court entered a 4udg/ent infa!or of 8lainti+* and t(e Second -istrict Court of A88ealsa+ir/ed.

T(e Su8re/e Court re!ersed* (olding t(at standing is a 4urisdictional reHuire/ent t(at /ust "e satis)ed to e!eninitiate a foreclosure lasuitI

>e 'ec#*%i?ed t$(t st(%di%* is ( @:u'isdicti#%(l'eui'eme%t2 i% State ex rel. Dallman v. Franklin Cty.Court of Common Pleas B, G O$i# St& .d ,-(%d 0e st(ted1 8It is (% eleme%t('y c#%cept #f l(0t$(t ( p('ty l(c5s st(%di%* to invoke the jurisdiction #f t$e c#u't u%less $e $(s i% (% i%di+idu(l #'

'ep'ese%t(ti+e c(p(city s#me 'e(l i%te'est i% t$esub:ect m(tte' #f t$e (cti#%&; BEmp$(sis (dded byt$e C#u't&

(Schwarzwald, (tt(c$ed $e'et# (s E)$& 8D; (t p('(&

..&

Furt(er* t(e Court stated*

89ec(use st(%di%* t# sue is 'eui'ed t# i%+#5e t$e :u'isdicti#% #f t$e c#mm#% ple(s c#u't @st(%di%* ist# be dete'mi%ed (s #f t$e c#mme%ceme%t #f suit&;2Id& At p('(& . I%+#5i%* :u'isdicti#% #f t$e c#u'tt$us depe%ds #% t$e st(te #f t$i%*s (t t$e time t$e(cti#% is b'#u*$t (%d %#t (fte'& Id& At p('(& .G&

Dn re!ersing t(e Second -istrict* t(e Su8re/e Court includedI

T$e l(c5 #f st(%di%* (t t$e c#mme%ceme%t #f (

f#'ecl#su'e (cti#% 'eui'es dismiss(l #f t$ec#mpl(i%t&J "d. At 8ara.


11/55

2;t( 200* &lainti+ lacked t(e ca8acit5 to in!oke t(e 4urisdiction of

t(e court or in ot(er ords* &lainti+ did not (a!e standing to

in!oke t(e 4urisdiction of t(e court7 "ecause &lainti+ de"t collector

(ad not 5et "een assigned t(e /ortgage and note* and for reasons

stated in s8eci)cit5 "elo it could not t(en nor can it e!er cure t(is

lack of standing t(roug( a later )ling of t(e /ortgage assign/ent

as it atte/8ted to do on 'arc( 2;t(* 200.

HISTORK (s (lle*ed by Pl(i%ti3&

&lainti+ "roug(t t(is action to foreclose "ased on an alleged

/ortgage* dated ,une =t(* 200:* (ic( secured an alleged loan of

M100*000 issued to t(e -efendant "5 9 Block 'ortgage

Cor8oration* a 'assac(usetts Cor8oration7* 9B7. %n ,une

=t(* 200:* 9B assigned t(e alleged note and /ortgage to

%8tion %ne 'ortgage Cor8oration* %8tion %ne7. %8tion %ne

t(en alleges to (a!e assigned t(e note and /ortgage to &lainti+ "5

assign/ent eecuted 'arc( ;t(* 200. &lainti+ is t(e alleged de"t

collector Trustee7 for a securitized trust titled Securitized Asset

Backed ecei!a"les ##C 2006$%&1 'ortgage &ass$T(roug(Certi)cates* Series 2006 %&17* t(e Trust7. %n Fe"ruar5 2;t(

200 &lainti+ Trustee initiated t(e foreclosure suit at Bar.

HISTORK (s (lle*ed by t$e EVIDENCE

&lainti+ "roug(t t(is action to foreclose "ased on an alleged

/ortgage* dated ,une =t(* 200:* (ic( secured an alleged loan of

M100*000 issued to t(e -efendant "5 9 Block 'ortgage

Cor8oration* a 'assac(usetts Cor8oration7* 9B7.

%n ,une =t(* 200:* 9B ?ntit5 A* it( t(e use of an

Allonge e(i"it allegedl5 assigned all of t(eir rig(ts to t(e note


12/55

and /ortgage to %8tion %ne 'ortgage Cor8oration ?ntit5 B*

%8tion %ne7.

%8tion %ne si/ultaneousl5 using t(e sa/e Signator5

creates a secondar5 allonge e(i"it transferring all of t(eir

rig(ts to t(e note and /ortgage to OOOOOOOOOOOOOOOOO.


13/55

it( (ic( e are lead to "elie!e it(out an5 8roof (atsoe!er

t(at %8tion %ne does assignKsellsKtransfers6 all of t(eir rig(ts to t(e

N%T? 'ortgage to Barcla5s Bank ?ntit5 CS8onsor (o t(en*

e are led to "elie!e intent;* "undles t(e Note 'ortgage along

it( a88roi/atel5 :*000 ot(er like kind in!est/ents and uses t(e

entire "undle to create a ne )nancial instru/ent called a S8ecial

&ur8ose >e(icle S&>* (ic( is designed to "e de8osited into a

?'DC Trust.

Barcla5s Bank ?ntit5 C t(en* e are t(en lead to "elie!e*

allegedl5 sells t(roug( a docu/ent titled BD## %F SA#?7 ? O7 L

in consideration of i t(e su/ of M1*21


14/55

as ser!icer* and Wells Fargo Bank* National Association* astrustee* does as of ,anuar5 26* 2006 (ere"5 sell* transfer*assign* set o!er and ot(erise con!e5 to t(e &urc(aser it(outrecourse* all t(e Sellers rig(t* title and interest in and to t(e'ortgage #oans descri"ed on ?(i"it A attac(ed (ereto and

/ade a 8art (ereof* including all interest and 8rinci8al recei!ed"5 t(e Seller on or it( res8ect to suc( 'ortgage #oans.7

#s 4ith a!most a!! of &!aintiffCs document su*missions, the documents &!aintiffsu*mits that are to *e reresentative of the transfer of the ote D %ortgage fromOtion One to =arc!a'Cs =ank are a!! unsigned and unauthenticated so no method of transfer is even reresented. =6, the contro!!ing 3a4 (;+S D E. 8&63" *oth require fu!! sa!es and transfer of a!! rights and o4nershi *efore a truesecuriti?ation of the notes and mortgages into the trust can eAist and the 6rustCs

contro!!ing document, the &S# a!so mandates a com!ete evidentiar' trai! of a!!transfers andFor assignments of *oth the note and mortgage *efore *eing a!!o4ed to *e deosited into the trust.

7 Black&s 'th intent. (!c" 1. 6he state of mind accoman'ing an act, es. a for*idden act. ) @hi!e

motive is the inducement to do some act, intent is the menta! reso!ution or determination to do it. @henthe intent to do an act that vio!ates the !a4 eAists, motive *ecomes immateria!. f. %O6;8BS;868+.


15/55

and transfers all of t(eir rig(ts to t(e contents of t(e S&>containing -efendants alleged Note 'ortgage again it(out a

8(5sical assign/ent* no 8roof of transfer* no 8roof of negotiation*

no recei8t of deli!er5* etc. to t(e securitized trusts -e8ositor

Securitized Asset Backed ecei!a"les ##C7?ntit5 - SAB7*

(o t(en allegedl5 de8osits and transfers all of t(eir interests and

$ Same as 9ootnote 5 a*oveG no signed or authenticated contract.


16/55

rig(ts 5et again it(out a 8(5sical assign/ent* no 8roof of

transfer* no 8roof of negotiation* no recei8t of deli!er5* etc. to t(e

notes and /ortgages in t(e S&> = to t(e Trust7 ?ntit5 ?. 10

Same as 9ootnote 5 a*oveG no signed or authenticated contract.

10 ;t is imortant here to note that in each transaction !isted a*ove, &!aintiff a!so roffers no receits, no de!iver' accetance, nothing 4hatsoever to sho4 roof ofconve'ance or transfer or negotiation or sa!e of, in the end, an a!!eged H5 =i!!ion4orth of financia! instruments from an' art' to an' other art' 4hatsoever.


17/55

%8tion %ne ?ntit5 9 t(en alleges it( intent and

scienter11 to (a!e assigned t(e note and /ortgage to &lainti+

?ntit5 E "5 assign/ent of 'ortgage e eecuted 'arc( ;t(*

200. &lainti+ (ad 8re!iousl5 initiated suit on Fe"ruar5 2;t(* 200.

T(e i/8ortant as8ect fro/ a"o!e is t(e assign/ent fro/ ?ntit5 9

directl5 to ?ntit5 E.

&lainti+* as re8resented is t(e alleged de"t collector Trustee

for a securitized ?'DC trust titled Securitized Asset Backed

11 Black’s 9th scienter (s;-en-tr or see-", n. I3atin Jkno4ing!'JK (1$2:"1. # degree of kno4!edge that makes a erson !ega!!' resonsi*!e for theconsequences of his or her act or omissionB the fact of an acts having *een donekno4ing!', es. as a ground for civi! damages or crimina! unishment. SeeLO@38/M8B %8S +8#. IasesN rimina! 3a4 P20B eg!igence ())))*+,+02.K 2. # menta! state consisting in an intent to deceive, maniu!ate, or defraud. - ;nthis sense, the term is used most often in the conteAt of securities fraud. 6he Sureme

ourt has he!d that to esta*!ish a c!aim for damages under +u!e !O*-5. a !aintiffmust rove that the defendant acted 4ith scienter. -rnst D -rnst v. Hoch$elder :25.S. 1$5, S.t. 175 (17". IasesN Securities +egu!ation MNNNc0,:5, 0.51(2".K


18/55


19/55

/ o"o$signed assign/ents of /ortgages and notesL

n &ost$dated assign/ents of /ortgages and notesL

o Assign/ents eecuted it( no laful aut(orit5L

8 Assignors assigning to t(e/sel!esL

H To di+erent 8arties clai/ing t(e oners(i8 of t(e sa/enoteKloan.

C(% t$e T'ustee F#'ecl#se

Furt(er* -efendant reHuests ,udicial Notice t(at in t(e case

at Bar* it is t(e Trustee for t(e Trust7 t(at is "ringing t(e

foreclosure suit. &lainti+ Trustee o+ers no 8roof of an5 transfer of

an5 oners(i8* or rig(ts or aut(orit5 fro/ t(e Trust to t(e

Trustee12 ofKor 8ertaining to t(e alleged Note andKor t(e 'ortgage

andKor 8ertaining to t(e rig(ts or aut(orit5 granted to t(e Trustee*

in t(e case at Bar to foreclose.

12 Or for that matter an' roof of transfer to the trust from the /eositor or roof of

transfer from the Sonsor (=arc!a'Cs =ank" to the /eositor or roof of transfer fromthe 3ender Otion One to the Sonsor =arc!a'Cs =ankQ One can on!' transfer 4hatone has to transfer.


20/55

T(e a"o!e state/ent is of ut/ost i/8ortance "ecause it(in

t(e Trusts controlling docu/ent* its Dndenture* t(e &ooling and

Ser!icing Agree/ent &SA* at section 3.1: e )nd t(at "5

contractual agree/ent it is not t(e Trustees 8osition to engage in

an5 foreclosing related acti!ities* it is instead t(e Ser!icers713

o"ligation. Section 3.1: readsI

Section 3.15 Realization upon Defaulted Mortgage Loans.


21/55

gi!en fro/ it(in t(e trusts go!erning docu/ent* its Dndenture*

t(e &ooling and Ser!icing Agree/ent &SA. &lainti+ Trustee

lacked t(e legal and /andator5 reHuire/ent of ca8acit5 to in!oke

t(e 4urisdiction of t(is court and t(erefore* &lainti+ (ad no

standing to initiate t(is suit (ic( /eans t(is suit as >%D- a"

initio.


22/55

THE TRUST

T(e Trust as for/ed as a !e(icle for 8urc(asing /ortgage

"acked securities and t(en selling certi)cates "ased solel5 on t(e

inco/e generated "5 t(ose /ont(l5 8rinci8al and interest

8a5/ents generated "5 t(ose notes and /ortgages (eld it(in t(e

Trust. T(e Trust is su"4ect to t(e ter/s of t(e trust indenture

controlling docu/ent /e/orialized in a docu/ent titled t(e

&ooling and Ser!icing Agree/ent7* t(e &SA7. T(e &SA as

signed "5 t(e -e8ositor* Securitized Asset Backed ecei!a"les ##C

SAB7* "5 t(e Ser!icer* %8tion %ne* and "5 t(e Trustee* W?##S

FA% BAN* NA* and is dated ,anuar5 1* 2006.

T(e &SA contractuall5 sets fort( t(e go!erning la of t(e

trust and t(e /anner in (ic( /ortgages ould "e 8urc(ased "5

t(e trust* as ell as t(e duties of t(e trustee and t(e ser!icer. Dt is

t(e trusts on contractual controlling docu/ent.

Section 2.01* su"section 1 of t(e &SA reHuires t(at transfer

and assign/ent of /ortgages /ust "e e+ected "5 (and deli!er5*

for de8osit it( t(e Trustee it( t(e original note endorsed in

"lank.

Section 2.0: of t(e &SA reHuires t(at t(e -e8ositor transfer

all rig(t* title* interest in t(e /ortgages to t(e Trustee* on "e(alf of

t(e trust* as of t(e Cl#si%* D(te. T(e Cl#si%* D(te (s p'#+ided

i% t$e PSA is "(%u('y .-t$ .//-.

T(e -ate of t(e Assign/ent of 'ortgage and Note

referenced infra* is o!er 2 5ears 8ast t(e date alloed for de8osits

into t(e trust. Df t(e trust does not 8erfect legal title "5 taking

8(5sical 8ossession of t(e notes and /ortgages* t(e Dnternal

e!enue Code* s8eci)call5 .- U&S&C& -/


23/55

100 8ercent ta 8enalt5 on t(ose non$co/8l5ing cas( os

se!erel5 a+ecting t(e Trusts Dn!estors eturn %n Dn!est/ent

%D.

As listed in t(e &SA* t(e -e8ositor in t(e case at Bar as

Securitized Asset Backed ecei!a"les ##C7 SAB. Wit(in t(e

sc(e/a of a securitized 'BS 'ortgage Backed Securit5 ?'DC

eal ?state 'ortgage Dn!est/ent Conduit trust* t(e -e8ositor is

t(e /andated entit5 in t(e title c(ain t(at 8ro!ides t(e Bankru8tc5

re/oteness necessar5 to t(e Notes and t(e 'ortgages de8osited

into t(e trust* for co/8liance to o"tain t(e AAA rating it( t(e

securities ratings agencies reHuired "5 t(e Trust* and also/andated for co/8liance it( DS rule 601 e4EorkCs 8state &o4ers D 6rust !a4s 4ere chosen *' +%=S sonsors (in the &S#s" as the statutes togovern +8%; trusts, as the 8&63Cs ru!es and concomitant common !a4 esta*!ish that

conform the +8%; taA free ass-through requirements. ES=# E =usiness 3a4 ourna! RSummer 2012 Ro!.1 Ro. 1 end note 7


24/55

Dn t(e case at Bar* &lainti+ s(os not 1 iota of 8roof t(at

said S8onsor* Barcla5s Bank ?ntit5 C* e!er recei!ed -efendants

Note andKor 'ortgage.


said -e8ositor ?ntit5 - e!er recei!ed -efendants Note andKor

'ortgage % t(e alleged and 8re!iousl5 allegedl5 created S&>

fro/ S8onsor Barcla5s Bank containing -efendants alleged Note

andKor 'ortgage.


said -e8ositor SAB e!er recei!ed or de8osited t(e alleged

'ortgage and Note or S&> into t(e &lainti+ Trust.


said &lainti+ Trust e!er transferred t(e alleged 'ortgage and Note

to t(e &lainti+ Trusts Trustee* Wells Fargo Bank N.A. (o is t(e

&lainti+ in t(is case.

Dt is essential for t(e courts to understand t(at "efore t(e

alleged note /ortgage could "e 8laced it(in an5 ?'DC trust*

eac( of t(ese ste8s as /andated "5 N.G. ?.&.T.#* D..C.

reHuire/ents AN- "5 t(e contractual ter/s found it(in t(e &SA

(ic( as signed and agreed u8on "5 t(e 8artici8ants of t(e

securitization. T(e rules for t(e de8osit of all of t(e Notes

'ortgages allegedl5 (eld it(in t(e 8ool of assets oned "5 t(e

trust are strict and are /andated to "e ad(ered to 8unctiliousl5.

As stated in t(e NGSBA NG Business #a ,ournalUSu//er 2012U

>ol. 16 UNo. 1 8g. ;;L


25/55


26/55

T(e Trusts agree/ent knon as t(e &ooling and Ser!icing

Agree/ent &SA* t(e trusts indenture1;* sets fort( in its entiret5

(o t(e trust acHuires and is alloed to acHuire its assets and t(e

Trust agree/ent sets fort( "ot( 8oers and t(e li/its of t(e

8oers of t(e Trust and t(e Trusts 8artici8ants.

17 =!ackCs th. trust %ndenture. 1. # document containing the terms and conditionsgoverning a trustees conduct and the trust *eneficiaries rights. - #!so termed%ndenture o$ trust. IasesN 6rusts P 1-2.K 2. See deed o$ trust under /88/.


27/55

T(e &SA 1 reHuires t(at eac( 8art5 to t(e sale of t(e

/ortgage loans endorse eac( 8ro/issor5 note to t(e net 8art5 in

t(e c(ain of title until t(e 8ro/issor5 note and /ortgage is

deli!ered to t(e Trustee for t(e "ene)t of t(e Trust. T(is

reHuire/ent is included in t(e &SA and is found at Section 2.01

" (ic( in 8art readsL

(*" ;n connection 4ith the transfer and assignment of each %ortgage 3oan, the /eositor hasde!ivered or caused to *e de!ivered to the 6rustee for the *enefit of the ertificateho!ders thefo!!o4ing documents or instruments 4ith resect to each %ortgage 3oan so assignedN

(i" the origina! %ortgage ote *earing a!! intervening endorsements sho4ing a com!etechain of endorsement from the originator to the !ast endorsee...

(ii" the origina! of an' guarantee eAecuted in connection 4ith the %ortgage oteB

(iii" the origina! %ortgage 4ith evidence of recording thereon or a certified true co' of such%ortgage su*mitted for recording.1

(iv" the origina!s of a!! assumtion, modification, conso!idation and eAtension agreements, if an', 4ith evidence of recording thereonB

(v" the origina! #ssignment of %ortgage for each %ortgage 3oan endorsed in *!ankB

1$

6he 6rustCs &oo!ing and Servicing #greement is a &u*!ic /ocument avai!a*!e hereGhttNFF444.secinfo.comFd+Sm.v$h.d.htm

1 !ote) %ndeed ! -/0L law re1u%res recordat%on o$ the note 2e$ore %ts acceptance as a part o$ the trust %s consummated.

http://www.secinfo.com/dRSm6.v8h.d.htmhttp://www.secinfo.com/dRSm6.v8h.d.htm


28/55

(vi" the origina!s of a!! intervening assignments of %ortgage (if an'" evidencing a com!etechain of assignment from the a!ica*!e originator to the !ast endorsee 4ith evidence ofrecording thereon....

(vii" the origina! mortgagee tit!e insurance o!ic' ...

(viii" the origina! or, if unavai!a*!e, a co' of an' securit' agreement, chatte! mortgage orequiva!ent document eAecuted in connection 4ith the %ortgage (if rovided" ...

&lainti+ 8ro+ers no series of endorse/ents of t(e alleged

8ro/issor5 note reecti!e of eac( 8art5 (o (ad an alleged

oners(i8 interest in t(e alleged 8ro/issor5 note.

Furt(er* t(is c(ain of endorse/ents* or rat(er t(e lack

t(ereof* in order to co/8l5 it( t(is Trusts &SA* ould (a!e (ad

to "e co/8lete on or "efore t(e closing date7 of t(e trust s8eci)ed

it(in t(e &SA of t(is securitization "ut in no e!ent /ore t(an =0

da5s fro/ t(e closing date of t(e trust 8ursuant to section 2.02 of

t(e &SA. T(e a"sence of t(ese endorse/ents on t(is 8ro/issor5

note is not onl5 !er5 co/8elling 8roof of lack of note (older status*


29/55

"ut also 8roof of &lainti+s fraud in t(e 8roduction to t(e Court of

t(e Assign/ent of 'ortgage ?(i"it ?7 (ic( "5 t(e ter/s of

t(e trusts on go!erning docu/ent &SA cannot* does not and

cannot no 8ost trust closing date e!er legall5 eist.

Ender t(e ter/s of t(e trust (ic( are contractuall5* legall5

go!erned under NG ?.&.T.#.* t(e contracts "eteen t(e 8arties

&SA* andKor ECC V = in t(e case at Bar* t(ere are un/et

reHuire/ents for t(e c(ain of title "5 t(e foreclosing entit5 to "e

Huali)ed as a &?T?7 8erson entitled to enforce. Dn ot(er ords*

single endorse/ents in "lank* clai/ing t(at an5 8art5 in 8ossessionof a note can enforce a note* e!en a t(ief* ski88ed assignees* no

8roof of 9older in -ue Course does not ork. Dn t(e case at "ar*

t(e trusts Trustee is s8eci)call5 N%T alloed to on an asset

acHuired out of t(in air on its on its sole eistence is for ser!ice

to t(e Trust. An5t(ing done "5 an5 trust 8artici8ant in

contra!ention to t(e trusts indenture is "5 contractual agree/ent

>%D- at its ince8tion. As suc(* in t(e case at Bar* s(ould t(e

Assign/ent of 'ortgage to &lainti+ "e dee/ed legiti/ate* t(en t(e

&lainti+ Trustee ould "e a non legal entit5. Dn essence its a catc($

22. ?it(er a5* &lainti+ lacked t(e ca8acit5 to in!oke t(e

4urisdiction of t(e court to initiate t(eir action.

T(e e!idence in t(e collateral )le s(os an utter and

co/8lete failure of t(e 8arties to t(is alleged securitization to

actuall5 con!e5 t(is alleged 8ro/issor5 note to t(is alleged Trust

as as articulated "5 t(e -efendant in eac( and e!er5 8re!ious

8leading. T(e 8lainti+ Trustee (as o+ered no 8roof of oners(i8

and t(e collateral )le 8ro+ered "5 t(e &lainti+ t(roug( -isco!er5


30/55

clearl5 de/onstrates t(at t(is loan as not securitized into nor as

it e!er transferred to t(is Trust.

Assu/ing t(e note andKor /ortgage at issue could so/e(o

retroacti!el5 "e 8ro8erl5 and legall5 de8osited into t(e Trust* t(e

Court s(ould also "e /ade aare t(at Sections 2.0; d.* e.* (.* 3.01

c.* 3.1; (* :.02* c* .11 of t(e &SA are all s8eci)c to t(e case at

"ar (ic( set fort( furt(er e8licit restrictions on t(e 8oers of

t(e Trustee* -e8ositor and t(e Ser!icer of t(e trust7 and (ic(

8ro(i"its t(e Trustee* -e8ositor and t(e Ser!icer fro/ taking an5

action (ic( ould 4eo8ardize t(e ?'DC status of t(e Trust. T(e

8roduction of t(e 8ost dated* forged and fa"ricated Assign/ent of

'ortgage is itself a 8ro(i"ited action. T(ese t58es of li/itations

are co//on and are 8resent in t(is or a si/ilar for/ in e!er5

8ooling and ser!icing agree/ent (ic( seeks to create a

securitized trust t(at can clai/ t(e ta "ene)ts of ?'DC status

under t(e ES Ta Code.

An5 atte/8t to acce8t a transfer of t(is alleged &ro/issor5

note after t(e ,anuar5 26* 2006* 8lus =0 da5 closing date of t(etrust ould (a!e !iolated "ot( S?C code


31/55

"e clai/ing to (a!e transferred an asset to a trust t(at

(ad "5 its on ter/s "een closed for /ore t(an 2 5ears at

t(e ti/e t(e alleged transfer took 8lace.

c. T(ird* t(e alleged 8ro/issor5 note as ne!er endorsed

to t(e Trust "5 t(e -e8ositor and as suc( is de!oid of t(e

reHuired c(ain of endorse/ents reHuired it(in t(e &SA

and (ic( an5 reasona"le /arket 8artici8ant ould

e8ect to "e 8resent for t(e 8ur8oses of esta"lis(ing t(e

series of true sales set fort( in t(e &SA to esta"lis( a

(ole and co/8lete c(ain of title of t(e 8ro/issor5 note

for t(e 8ur8oses of "ankru8tc5 re/oteness.

d. Fourt(* T(e clai/ t(at t(e alleged note (as "een

transferred to t(e Trust onl5 "ecause it is endorsed in

"lank si/8l5 ies in t(e face of t(e /andator5 ter/s of

t(e &SA and N.G. ?.&.T.#. and is an etre/e de!iation fro/

t(e industr5 standards* custo/s and 8ractices (ic(

8re!ailed at all ti/es /aterial to t(is transaction and

(ic( 8re!ail toda5.

e. Fift(* an5 transfer alloed to "e acce8ted into t(e trust

8ast t(e trusts on cut$o+ date of de8osits in!okes t(e

rat(er draconian DS /andate of taing t(e ?'DC trusts

assets not at t(e fa!ora"le rate of 0X t(at t(e5 no en4o5*

"ut at t(e rate of 100X of t(e !alue of t(eir assets

causing* /assi!e )nancial losses to t(e Certi)cate 9older

Dn!estors.

?Huall5* "5 alloing a -e8osit into t(e trust after t(e trusts

closing date7 as &lainti+s Assign/ent of 'ortgage7 alleges*

&lainti+ Wells Fargo Bank as Trustee again !iolates t(e 8lain


32/55

language found it(in t(e &SA at section .11 titled Ta 'atters

section 4 8ara. 6 (ic( reads in 8artL

either the Servicer nor 6rustee sha!! (i" ermit the creation of an' interests in

an' 6rust +8%; other than the regu!ar and residua! interests set forth in the&re!iminar' Statement,GGG or (iii" other4ise kno4ing!' or intentiona!!' takean' action, cause the 6rust 9und to take an' action or fai! to take (or fai! to causeto *e taken"an' action reasona*!' 4ithin its contro! and the scoe of duties moresecifica!!' set forth herein, that, under the +8%; &rovisions, if taken or nottaken, as the case ma' *e, cou!d (#" endanger the status of an' 6rust +8%; as a+8%; or (=" resu!t in the imosition of a taA uon an' 6rust +8%; or the6rust 9und (inc!uding *ut not !imited to the taA on 3proh%2%ted transact%ons3 asdefined in Section $09(a"(2" of the ode and the taA on contri*utions to a 6rust+8%; set forth in Section $0M(d" of the ode, or the taA on 3net %ncome $rom $oreclosure propert43 " un!ess the 6rustee receives an Oinion of ounse! (at theeAense of the art' seeking to take such action or, if such art' fai!s to a' such

eAense, and the 6rustee determines that taking such action is in the *est interestof the 6rust 9und and the ertificateho!ders, at the eAense of the 6rust 9und, *utin no event at the eAense of the 6rustee" to the effect that the contem!atedaction 4i!! not, 4ith resect to the 6rust 9und or an' 6rust +8%; createdhereunder, endanger such status or, un!ess the 6rustee determines in its so!ediscretion to indemnif' the 6rust 9und against such taA, resu!t in the imosition of such a taA".

To Su//arize* T(e closing date of t(is trust as ,anuar5

26* 2006. T(e creation date of &lainti+s Assign/ent of 'ortgageis 'arc( ;* 200 or 2:Y 'ont(s 8ast t(e trusts closing date as

suc( it is in !iolation of t(e trusts on controlling docu/ent* t(e

&ooling and Ser!icing Agree/ent &SA* D..C. regulations and t(e

trusts controlling la* N.G. ?.&.T.#. and is >%D-. &lainti+s and

&lainti+s counsel clearl5 s(o scienter "5 (a!ing acted in

contra!ention to t(e trust "5L

1. creating or /anufacturing* forger5 it( intent to

defraud intent scienter

2. atte/8ting t(e use of distri"ution and intent to fraud

3. actuall5 su"/itting selling false* forged and

fraudulent docu/ents it(in t(is !er5 Court of #a and


33/55

?Huit5* e!idenced not onl5 "5 t(eir late creation date as

it concerns legal standing to in!oke t(e 4urisdiction of

t(e Court* "ut also in contra!ention of DS ?'DC #a

as e8lained a"o!e and again it(in t(e &SA at Section

.11 Ta 'atters g (ic( readsL

g not knoingl5 or intentionall5 take an5 action or

o/it to take an5 action t(at ould cause t(e

ter/ination of t(e ?'DC status of an5 Trust ?'DC

created (ereunderL


34/55

T$e POST DATED ASSI


35/55

J#n' action 4hich deviates from the 6rust documents is void. 7-2.: #ct of trusteein contravention of trust ;f the trust is eAressed in the instrument creating the estateof the trustee, ever' sa!e, conve'ance or other act of the trustee in contraventionof the trust, eAcet as authori?ed *' this artic!e and *' an' other rovision of !a4, isvoidJ.

No 8ossession of t(e Asset eists until t(ere (as "een a

deli!er5 and an acce8tance of t(e Asset and t(e gi!er of t(e Asset

(as relinHuis(ed all do/inion and control o!er t(e Asset signif5ing

a true sale of t(e Asset to t(e &lainti+ Trust t(ere"5 /aking t(e

Asset* inter alia* "ankru8tc5 re/ote and securel5 it(in t(e Trust

>ault.

&lainti+s 8ro+ered Assign/ent7 in t(e case at Bar 8ro!es

onl5 t(at it as a forged and fa"ricated docu/ent created solel5

for t(e 8ur8ose of facilitating t(e eas5 t(eft of -efendants (o/e

it(in a Court of #a and t(e use of t(e Court in t(e laundering of

t(e illegal 8a8erork used to create t(e alleged Note 'ortgage

and su"seHuent alleged 'BS Dn!est/ent Trust.

The Trust is a REMI Trust


36/55

T(e Trust as for/ed as a ?'DC trust&./ Ender t(e ?'DC

8ro!isions of t(e Dnternal e!enue Code DC7 t(e closing date of

t(e Trust is also t(e startu8 da5 for t(e Trust. T(e closing

dateKstartu8 da5 is signi)cant "ecause all assets of t(e Trust are

/andated to "e transferred to t(e Trust on or "efore t(e

closing date to ensure t(at t(e Trust recei!ed its ?'DC status.

T(e DC 8ro!ides in 8ertinent 8art t(atI

2 .S.. $0M(d"(1".

20 6he ;nterna! +evenue ode rovides that the terms Trea! estate mortgage investmentconduitC and T+8%;C mean an' entit'U(1" to 4hich an e!ection to *e treated as a+8%; a!ies for the taAa*!e 'ear and a!! rior taAa*!e 'ears, (2" a!! of the interestsin 4hich are regu!ar interests or residua! interests, (" 4hich has 1 (and on!' 1" c!assof residua! interests (and a!! distri*utions, if an', 4ith resect to such interests are rorata", (:" as of the c!ose of the rd month *eginning after the startu da' and at a!!times thereafter, su*stantia!!' a!! of the assets of 4hich consist of qua!ified mortgagesand ermitted investments.


37/55

T(e assign/ent of t(e note and t(e /ortgage (ic( alleges

t(e transfer of t(e Note 'ortgage in t(is case as dated 'arc(

;t(* 200* (oe!er* 8ursuant to t(e ter/s of t(e &SA t(e trust

closed on ,anuar5 1st* 2006. Acce8tance of t(e alleged Note

'ortgage into &lainti+ Trust at t(e date s(on on &lainti+s

Assign/ent is in !iolation of DC 60d2 and as suc( is

/andated to "e declared >%D- "5 t(e ter/s found it(in t(e &SA

and "5 N.G. ?.&.T.#. D..C. regulations.21

THE POST DATED ASI


38/55

For clari)cation of t(e a"o!eL Ne Gork la states t(at

transfers to a ?'DC trust after t(e closing date of t(e trust are

!oid. N.G. ?states* &oers and Trusts #a VV 6,&,* 6.&.


39/55

of t(e note and /ortgage into t(e Trust and (as 8ro+ered no

e!idence t(at t(e trustee (ad aut(orit5 to acHuire t(e note and

/ortgage (erein after t(e trust (ad closed or for t(e 8ur8ose of

foreclosure.

-efendant asserts t(at t(e alleged transfer of t(e note

/ortgage to &lainti+ Trust (erein as >%D- a" initio "ecause t(e

note is re8resented to (a!e "een acHuired after t(e trusts closing

date and as suc( is a !iolation of t(e contractual ter/s esta"lis(ed

and /e/orialized it(in t(e Trusts controlling docu/ent* t(e

&SA.

W(ereas in %(io #a it /a5 "e 8er/issi"le for a 9older7 to

eecute suit on a note andKor /ortgage* in t(e case at Bar t(e

alleged contraction "eteen 8arties is not "eing done "5 an %(ioan

against an %(ioan. Dnstead it is "eing co//itted "5 a de"t collector

(o is an alleged re8resentati!e of a NG Trust* a trust (ic( is

accetance. IasesN rimina! 3a4 N.No70B 9edera! ivi! &rocedure 201B 6ria! (7.NNP::.K- roffer, n.


40/55

"ound "5 NG #as and as suc( it is u8 to &lainti+ to 8ro!e not onl5

t(at (e is indeed t(e true &?T? &erson ?ntitled To ?nforce of t(e

alleged Note 'ortgage* "ut also t(at (e (as an5 legal ca8acit5

(atsoe!er to (old an5t(ing in contra!ention to t(e trust. Dn t(e

case at Bar* &lainti+ de"t collector (as not t(e legal ca8acit5 to

e!en "e a 9older7.

&lainti+ de"t collector o+ers onl5 3 signed docu/ents* 4ust 3

8ieces of 8a8er attesting to t(eir alleged legiti/ac5 to foreclose*

t(eir rig(t to "e &?T?. T(ose docu/ents areI

1. t(e 8ost dated* 8ost created and )led it( t(e court

/ont(s after foreclosure initiation* Assign/ent of


41/55

'ortgage (ic( is o"o$Signed23 "5 a knon

o"o$Signer2


42/55

3. T(e unattac(ed Allonge fro/ %8tion %ne 'ort. Cor8.

to OOOOOOOOOOOOOO.

-efendant su"/its ne e!idence in t(is case in t(e for/ of

an A+ida!it attesting to t(e o"o$signing e8lained infra of "ot(

&lainti+s Assign/ent of 'ortgage7 and &lainti+s A+ida!it of

Status of Account and 'ilitar5 Status7 /arked ?(i"it OO7..

25

ohn 3. OC=rien, +egister of the 8sseA Southern /istrict registr' of /eeds in Sa!em, %assachusetts u*!ishes a!ist of kno4n +o*o-Signers at his 4e*site at httNFF444.sa!emdeeds.comFro*ositeFdfFro*osigners.df . %s. 3oveCsname aears on age 2, o!umn =, +o4 2.

http://www.salemdeeds.com/robosite/pdf/robosigners.pdfhttp://www.salemdeeds.com/robosite/pdf/robosigners.pdfhttp://www.salemdeeds.com/robosite/pdf/robosigners.pdf


43/55

THE ALLON of the motives and use of a!!onges *' the mortgage industr' 4hen he 4ritesN

mailto:[email protected]:[email protected]


44/55

&lainti+s interest in an alleged Note 'ortgage (ic( in trut(

(as no legal !alue (atsoe!er ece8t to 8ro!e &lainti+s and

&lainti+s Counsels illingness to forge* to fa"ricate* to create and

"ring into t(is court fraudulent docu/ents created solel5 to induce

t(e Courts "ias at -efendants and t(e Courts e8ense.

T$e >ells F('*# M(%u(l

d" identif'ing information on the note such as origination date, *orro4er name, possession normally maintains first priority and has the power to negotiate the instrument upondefault"

6here are occasions, ho4ever, 4hen having an indorsement is critica!!' imortant. One 4ou!d *e there!ative!' rare case 4here one cometing secured art' has ossession for itse!f as 4e!! as for the othercometing secured art', so *oth 4ou!d *e in ossession and riorit' cou!d deend on the effectiveness of anindorsement. #nother 4ou!d *e 4here the maker of a negotia*!e instrument has defenses against the named

a'ee *ut the secured art', 4ith the indorsement, 4ou!d *e a ho!der in due course. Eet another 4ou!d *e anassignment of a note or a casua! !edge 4here the re!ated documents do not c!ear!' rovide the !ender 4iththe rights of a ho!der.nder #rtic!e , 4hich a!ies to (as defined in #rtic!e " and 4hichis common!' a!ied *' courts to non-negotia*!e instruments, < indorse!ent* !eans a signature )on aninstru!ent %or the purpose of deter!ining ,hether a signature is !ade on an instru!ent( a paper

affi4ed to the instru!ent is a part of the instru!ent.* - 3/062a 2e!phasis supplied. -nder this

rule( a separate assign!ent docu!ent is not sufficient to create the re7uisite indorse!ent( unless it is

)affi4ed* to the instru!ent.Some %ichigan assignees found out the hard 4a' ho4 imortant it is to have oneCs searate indorsement ;n one case, a searate indorsement 4as not attached to the note in question and the assignee 4asun4i!!ing to roduce the under!'ing assignment of !oans agreement. 6he court he!d the searate indorsement4as not effective and, *ecause it referenced the unroduced under!'ing agreement, it did not rove ana*so!ute assignment 4as intended. Brown Bark 99 L/ v. Ba4 Are Floor Cover%ng : #es%gn 9nc. ase o.20, (%ich. t. #. %a' 1, 2011". ;n the other case, the assignee u!timate!' had t4o ro*!ems after ittook a note and !aced it in an enve!oe 4ith a searate indorsement. ot on!' 4as the searate indorsementineffective *ecause it 4as not affiAed to the note, it turned out the 4as in fact a co!or co' of theorigina! note, so the assignee did not even have ossession of the note. @ithout ever having had ossession,


45/55

-efendant su"/its ne and 8re!iousl5 uno"taina"le

e!idence in t(is case of &lainti+ Wells Fargo Banks recentl5

8u"licl5 8u"lis(ed* in (ouse /anual titled >ells F('*# H#me

M#'t*(*e F#'ecl#su'e Att#'%ey P'#cedu'e M(%u(l Ve'si#%

,; 8ro!ing scienter t(roug( a 8attern and 8ractice of &lainti+s

and &lainti+s Counsel in t(e creation of forged and fraudulent

docu/ents created solel5 to allo &lainti+ and &lainti+s Counsel

to fraudulentl5 steal free (o/es fro/ (o/eoners (en t(e5

lacked t(e legal rig(t to do so "ecause t(e5 lacked t(e /andated

8roof to acco/8lis( it legall5.

A distinguis(ed colleague* Ne Gork "ankru8tc5 attorne5

#inda Tirelli (as "een orking in e8osing t(ese re/ediation7

8ractices. T(eir ta$da7 &err5 'ason$like /o/ents of e!idence all

of a sudden a88earing in foreclosure and "ankru8tc5 litigation are

not a/using. %n 'arc( 12* 201


46/55

-efault -ocs area !ia e/ail address-efaultallonge/ail"[email protected]/ and add ste8 G


47/55

o!er M3 /illion in 8uniti!e and co/8ensator5 da/ages "5 ,udge .

Brent ?lliott of 'issouris ellsF('*#2s decisi#% t##5 (d+(%t(*e #f (% #b+i#usly7%(%ci(lly +ul%e'(ble f(mily;

t(e 4udge continued* noting t(at Wells Fargo s(oed no e!idence

of re/orse for t(e (ar/ caused. T(e 4udge rote.

$n fact, the Court recalls the lack of remorse andhumanity illustrated "y a )ells Far'o cororatereresentative who testi+ed, $&m not here as a human"ein'. $&m here as a reresentative of )ells Far'o, 7

T$e RO9O6SI


48/55

T(is docu/ent is titled Assign/ent of 'ortgage7. E8on

ins8ection t(oug(* t(is docu/ent is in realit5 not onl5 t(e alleged

assign/ent of t(e alleged /ortgage "ut also t(e alleged

assign/ent of t(e alleged note.

Also u8on ins8ection it can "e found t(at t(is docu/ent as

attested to and signed "5 one 's. To8aka #o!e. 's. #o!e is an

e/8lo5ee of #ender &rocessing Ser!ices in -akota Count5*

'innesota and as suc( t(e A%' as also fraudulentl5 signed "5 a

8erson (o (ad no aut(orit5 to sign. Dt is 8atentl5 fraudulent and

is an o"!ious forger5 and as e8lained infra it as eecuted to

5ears after t(e &lainti+ trusts /andated Cut$%+ date7 forde8osits and after foreclosure initiation.

'ortgages /a5 "e enforced onl5 "5* or on "e(alf of* t(e

entit5 t(at is entitled to enforce t(e o"ligation t(e /ortgage

secures. T(e underl5ing o"ligation in all cases is a 8ro/issor5 note.

T(e /ortgage is t(e securit5 instru/ent t(at secures t(e

inde"tedness created "5 t(e note to t(e real 8ro8ert5.

T(e 8ractice of &lainti+ Wells Fargo Banks use of

unaut(orized docu/ent forgers in A+ida!it Assign/ent of

'ortgage creation is no co//on knoledge. Dt is a /atter t(at


49/55

(as e!en "een una+ectionatel5 ter/ed o"o$Signing72; 2 AN-

no t(roug( co//on knoledge of &lainti+ Wells Fargo Banks

&u"lic ad/issions and 8a5/ent of M Billions in )nes concerning

sa/e of 8artici8ation in t(at !er5 sa/e illegal action on a dail5*

/ont(l5 and 5earl5 "asis* -efendant su"/its and 'euests t$e

C#u'ts "udici(l N#tice of t(e recentl5 and 8re!iousl5 una!aila"le

A+ida!it and acco/8an5ing letter attac(ed (ereto as ?(i"it F7

stating in 8artL


50/55

8ro+ered and alleged legal conclusor5 A+ida!it titled STATES %F

ACC%ENT AN- 'D#DTAG STATES AFFD-A>DT7 ?. OO7 (ic(

are "ot( signed "5 one 's. To8aka #o!e* as as 8re!iousl5

articulated to t(is Court "5 -efendant in all of -efendants

8re!ious 8leadings. T(e a"o!e /entioned forged* fraudulent and

conclusor5 A+ida!it7 and Assign/ent of 'ortgage ('e . #f t$e

t$'ee s#lely si*%ed d#cume%ts &lainti+ 8resented to t(e court in

t(eir case to esta"lis( t(eir alleged oners(i8 of t(e alleged Note

'ortgage and t(eir su"seHuent rig(t to initiate t(is foreclosure

suit against -efendant.

T(e a"o!e #o!e conclusor5 a+ida!it re8resents t(at it is

"ased on #o!es fa/iliarit5 it( -efendants account stating

%&iant has access of and has personal knowledge of the acco'nts

of said compan#! and speci(call# with the acco'nt of )ohn L. *eed!

defendant herein.7 #o!e also a!ers t(at said acco'nt is in defa'lt

and that plainti& has elected to call the entire +alance of said

acco'nt d'e and pa#a+le..7. W(ile t(e #o!e A+ida!it states t(at

2$

6he ractice from investoedia, J;n the third and fourth quarters of 2010, a ro*o-signing scanda! emerged in thenited States invo!ving M%# %ortgage and a num*er of major .S *anks. =anks had to ha!t thousands offorec!osures in numerous states 4hen it *ecame kno4n that the aer4ork 4as i!!egitimate *ecause the signershad not actua!!' revie4ed it. @hi!e some ro*o-signers 4ere midd!e managers, others 4ere temorar' 4orkers 4ithvirtua!!' no understanding of the 4ork the' 4ere doing.J


51/55

#o!es 8ersonal knoledge is li/ited to (er re!ie of %8tion %ne

'ortgage Co. as Ser!icing Agent for &lainti+* #o!e fails to identif5*

descri"e or anne t(e 8articular "usiness records u8on (ic( (er

li/ited knoledge is "ased.

Signi)cantl5* t(e #o!e 'o!ing A+ida!it /akes t(e conclusor5

re8resentation t(at 8lainti+ (as "een in continuous 8ossession of

t(e note and /ortgage since 8rior to t(e co//ence/ent of t(is

action it(out 8ro!iding an5 factual details* or t(e source of #o!es

knoledge. Dn addition to a lack of foundation* t(e #o!e 'o!ing

A+ida!it fails to 8ro!ide e!idence t(at t(e originating lender* 9

Block Dnc.* indorsed and 8(5sicall5 deli!ered t(e alleged eed

Note* t(roug( t(e 8ro8er and /andated legal 8rocesses necessar5

to e+ectuate a true transference of oners(i8 it( co/8lete rig(ts

and interests t(ereof to eac( 8artici8ant in t(e securitization c(ain

and t(en )nall5 to t(e Asset Backed ecei!a"les Trust as is a

reHuire/ent found it(in t(e &SA* a reHuire/ent of N.G. ?.&.T.#.

and a reHuire/ent of DC.

-efendant (as re8eatedl5 denied 8lainti+s actions on t(e

ground t(at &lainti+ Wells Fargo Bank as Trustee for trust lacks

standing to foreclose.

S8eci)call5* -efendant contends and (as ala5s contended in

eac( and e!er5 of (is 8leadings t(at 's. #o!e also lacked t(e

actual aut(orit5 to eecute t(e %8tion %ne Assign/ent.

T(e a"o!e referenced a+ida!it of ,o(n %"rien* co/"ined it(

t(e se!eral ot(er factual inconsistencies t(e -efendant (as


52/55

8re!iousl5 articulated to t(is Court2= 30 31 32* 8ro!e "e5ond an5

dou"t t(at &lainti+s 8osition* a 8osition (ic( is co/8letel5 !oid

of legal standing to (a!e initiated t(is foreclosure action against

-efendant* could not (a!e "een acco/8lis(ed it(out t(e use of*

as as 8re!iousl5 articulated "5 -efendant*33 forged and

fraudulentl5 created docu/ents* created s8eci)call5 "5 and

2

#ns4er of /efendant ohn +eed (5F2F200$" $, 11, 12, 1, 1:, 15, 17, 1$, 1, 20, 21, 22, 2, and throughout therest of the !eadings.

0

#ns4er of /efendant ohn #. +eed %emorandum in Oosition to &!aintiffCs %otion 9or Summar' udgmentand +equest 9or 6ria! =' ur' (fi!ed #ug, 15th, 200$" 6he oening statement < 9irst!', Eou Wonor, the !aintiffhasnCt even roven that it o4ned or he!d the romissor' note 4hich is the su*ject of the com!aintG> 1, 2,


53/55

deli!ered into t(is Court (ile "eing Certi)ed "5 &lainti+s

Counsel as "eing true* 4ust and accurate for t(e sole 8ur8ose of

"linding t(is Court to t(e legal realities of t(eir 8osition and t(e

situation (ic( t(en lead to t(e ulti/ate t(eft of -efendants (o/e*

loss of -efendants 8ersonal and "usiness in!entor5 and

8ossessions* forced (o/elessness u8on -efendant and "eca/e t(e

1

8ach and ever' other !eading su*mitted *' /efendant and a!read' a art of this !ega! actionCs record.

2


54/55

cause of -efendants /ental in4ur5 (ile alloing &lainti+s on

un4ust enric(/ent. Dn essence* t(e5 not onl5 got a free (ouse* t(e5

also got t(e Court to launder t(eir dirt5 /one5.

-efendants 8leadings and e(i"its s(o undenia"le p'##f t(at

eac( of t(e entities in!ol!ed in t(eir entiret5 and t(roug(out t(e

entire c(ronolog5 ti/e$line of t(is alleged /ortgage did fail in

t(eir legal and /andator5 due diligence duties and reHuire/ents to

sign* date* aut(enticate* record and /ore stated in /ore

s8eci)cit5 infra. T(e true (older in due course of t(e alleged Note

'ortgage and true (older of t(e legal rig(t to foreclose u8on

t(is alleged Note 'ortgage is entirel5 a falsit5 and under nocircu/stance of fact is it* as it* nor can it e!er "e t(e &lainti+

Wells Fargo Bank NA. as Trustee for t(is Trust (o ould (a!e t(e

legal aut(orit5 or rig(t to "ring a foreclosure action against

-efendant eed..

%O6;O 6O #&&8#3 6W8 /8;S;O, O+/8+ #/ 86+E O8++3;M /898/#6S

8%8+M8E #%8/8/ %O6;O 6O ##68 # O;/ /M%86 in itCs entiret'

%O6;O 6O #&&8#3 6W8 /8;S;O, O+/8+ #/ 86+E O8++3;M /898/#6S8%8+M8E #%8/8/ %O6;O 6O ##68 # O;/ /M%86 at : thru 1, 5, :5, :, :7,:$, 50, 52,5$, 0, 7, 2, 2:0, 2:1, 2:2, .


55/55

As a result* t(e Courts No!e/"er 13t(* 200 entr5 granting

&lainti+s /otion for 4udg/ent and issuing a decree of foreclosure

is !oid a" initio as o88osed to !oida"le.

Accordingl5* "ased u8on t(e foregoing* -efendant

res8ectfull5 reHuests t(at t(e No!e/"er 13t( 200 entr5 "e !acated

and t(is /atter re/anded "ack to t(e Ci!il Court it( instruction

to dis/iss* instruction to Huiet title and eac( of -efendants

Counterclai/s to "e lafull5 ad4udged.

Respectfull$ su'!itted(

888888888888888888888888

9ohn +. Reed

+ /aple .ve#

4enterville, 7hio >>)

)3?-@)+-*>?A

[email protected]
mailto:[email protected]:[email protected]

march short brief

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