L.T.F. Financial Services, Inc. v. Silva, 95-1305 (1995) (1995)

Citation: L.T.F. Financial Services, Inc. v. Silva, 95-1305 (1995) (1995)
Parent Document: L.T.F. Financial Services, Inc. v. Silva, 95-1305 (1995) (1995)
Jurisdiction: Rhode Island (state)
Effective Date: 1995-07-20
Original Source: https://www.courtlistener.com/opinion/4113866/ltf-financial-services-inc-v-si... ↗

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FACTS/TRAVEL
On November 30, 1988, Plaintiff, the owner of real property located at 33 River Avenue, East Providence, Rhode Island, granted a mortgage to Defendant in return for a promissory note in the amount of $110,000. Thereafter, Defendant defaulted on her contractual payment obligations. In response, Plaintiff exercised its power of sale contained in the mortgage note. Notice was mailed by regular and certified mail to Defendant on October 14, 1994 informing her that a foreclosure sale was to take place on December 12, 1994; such notice was also published in theProvidence Journal. Notice of the continuance and of the adjournment of said sale was not given personally to Defendant but rather was published in the Providence Journal on December 15, 1994. At such foreclosure sale, the Plaintiff was the only bidder for the premises. Thereafter, a statutory form of Foreclosure Deed conveying the premises to Plaintiff, as the buyer, was duly recorded. On January 6, 1995, the plaintiff notified the Defendant of the change of ownership of the premises and gave notice to vacate by January 12, 1995. The Defendant refused, and continues to refuse to vacate.

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