Searching over 5,500,000 cases.


searching
Buy This Entire Record For $7.95

Download the entire decision to receive the complete text, official citation,
docket number, dissents and concurrences, and footnotes for this case.

Learn more about what you receive with purchase of this case.

First National Bank of Izard County v. Evergreen Processing, LLC

United States District Court, E.D. Arkansas, Northern Division

October 4, 2016

FIRST NATIONAL BANK OF IZARD COUNTY, Plaintiff,
v.
EVERGREEN PROCESSING, LLC, f/k/a B & H RESOURCES, LLC; NORTHSTAR FARMS, LLC; JOHN P. HARDY; CELTIC BANK; and HELEN BARTMESS, Defendants. and CELTIC BANK, Plaintiff,
v.
HAYNESVILLE SHALE RENTAL, LLC; EVERGREEN PROCESSING, LLC, Defendants, FIRST NATIONAL BANK OF IZARD COUNTY; HELEN BARTMESS, INDIVIDUALLY, AND AS EXECUTRIX OF THE ESTATE OF GEORGE BARTMESS, DECEASED, Additional Defendants.

          BLAIR ARNOLD/JAMES E. SMITH, JR., Attorneys for Helen Bartmess.

          ROBERT J. GIBSON, Attorney for Celtic Bank.

          JUDGMENT AND DECREE OF FORECLOSURE AGAINST NORTHSTAR FARMS, LLC

          BETH DEERE, MAGISTRATE JUDGE

         On this date the above-styled matter comes on for consideration by the Court and Plaintiff is present by its attorney, Robert D. Stroud; Defendant Northstar Farms, LLC, appears not, and the Court being well and sufficiently advised in the law and the facts, finds:

         1. This Court has jurisdiction of the parties to and subject matter of this action.

         2. On September 26, 2016, an Order was entered granting First National Bank of Izard County's motion for partial summary judgment against Northstar finding there are no genuine issues of material fact and that Plaintiff is entitled to judgment as a matter of law.

         3. On or about August 7, 2009, Defendant Northstar Farms, LLC, executed and delivered to Plaintiff its promissory note and security agreement in the original principal amount of $320, 230.65, payable with interest at the rate of 6.500% per annum, on demand, but if no demand is made on Februaiy 7, 2010, when the entire unpaid principal and interest would be due and payable.

         4. As security for the payment of the promissory note, Defendant Northstar Farms, LLC, executed and delivered to Plaintiff its mortgage on the following described real property situated in Izard County, Arkansas:

All that part of the Southeast Quarter Northwest Quarter lying South of State Highway 56 in Section 10, Township 17 North, Range 10 West of the 5th P.M. of Izard County.
All that part of the Southwest Quarter Northeast Quarter lying South of State Highway 56 in Section 10, Township 17 North, Range 10 West of the 5th P.M. of Izard County.
Part of the Southeast Quarter Southwest Quarter lying East of an existing fence and part of the West Half of the Southeast Quarter lying East of an existing fence described as follows: Beginning at the Southwest corner of the Southeast Quarter Southeast Quarter; thence North 86 degrees 26 minutes 51 seconds West, 1075.96 feet to a point; thence North 37 degrees 39 minutes 07 seconds West, 833.75 feet to a point; thence North 49 degrees 10 minutes 10 seconds West, 1572.02 feet to a point; thence North 41 degrees 43 minutes 32 seconds West, 1263.74 feet in Section 10, Township 17 North, Range 10 West of the 5th P.M. of Izard County.
Part of the Southeast Quarter Northeast Quarter lying South of State Highway 56 in Section 10, Township 17 North, Range 10 West of the 5th P.M. of Izard County.
All the Northeast Quarter Southeast Quarter in Section 10, Township 17 North, Range 10 West of the 5th P.M. of Izard County.
All the Southeast Quarter Southeast Quarter in Section 10, Township 17 North, Range 10 West of the 5th ...

Buy This Entire Record For $7.95

Download the entire decision to receive the complete text, official citation,
docket number, dissents and concurrences, and footnotes for this case.

Learn more about what you receive with purchase of this case.