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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:black">Randy: I think in this unique circumstance adverse possession CAN be asserted because the ownership interest they would assert would not be in a governmental capacity.<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:-5.75pt"><b><span style="font-size:9.0pt;font-family:"Calibri",sans-serif;color:black">Gregory L. Ursich
</span></b><span style="font-size:9.0pt;font-family:"Calibri",sans-serif;color:black"><o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:-5.75pt"><span style="font-size:9.0pt;font-family:"Calibri",sans-serif;color:black">Skyline Tower, Suite 1500 | 10900 NE 4<sup>th</sup> Street | Bellevue, WA 98004<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-left:-5.75pt"><span style="font-size:9.0pt;font-family:"Calibri",sans-serif;color:black">P: 425.450.4258 | F: 425.635.7720<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com]
<b>On Behalf Of </b>Gregory L. Ursich<br>
<b>Sent:</b> Friday, April 02, 2021 10:27 AM<br>
<b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br>
<b>Subject:</b> Re: [WSBARP] Adverse Possession case against FDIC<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt">Randy: if your client is the property owner and still pays on a first Deed of trust, he never “lost” the property to the FDIC. He is still in full possession and ownership. Whatever Interest the FDIC has is
subject to your client’s senior interest, and that of the 1st position lender. -Greg<o:p></o:p></p>
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<p class="MsoNormal">Sent from my iPhone<o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt">On Apr 2, 2021, at 10:19 AM, Randy Boyer <<a href="mailto:randyedlynlaw@gmail.com">randyedlynlaw@gmail.com</a>> wrote:<o:p></o:p></p>
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<p class="MsoNormal"><span style="font-family:"Tahoma",sans-serif"></span> Listmates
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<p class="MsoNormal">Thank you for you input. In this case FDIC foreclosed on a second deed of trust over ten years ago. They never took possession of the property and I believe they forgot they have title. My client continue to use the property, paying
the first deed of trust and taxes for the past 10 years. A year after the foreclosure deed FDIC sold the note that secured the debt to a Limited Partnership (I do not have a copy of that Sale Agreement). I cannot determine if FDIC intended the assign the
foreclosed property to them. The LP reached settlement with my client on the outstanding note.<o:p></o:p></p>
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<p class="MsoNormal">Sounds like most of you feel adverse possession cannot be asserted against FDIC. But they are a receiver for the insolvent bank and do not hod on to real property as far as I know.<o:p></o:p></p>
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<p class="MsoNormal">Randy<o:p></o:p></p>
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<p class="MsoNormal"><b><u><span style="font-size:11.0pt;font-family:"Corbel",sans-serif;color:#004B85">Randy M. Boyer ______</span></u></b><span style="font-size:11.0pt;font-family:"Corbel",sans-serif;color:#1F497D"><br>
</span><span style="font-size:11.0pt;font-family:"Corbel",sans-serif;color:#333333">Attorney, </span><span style="font-size:10.5pt;font-family:"Cambria",serif;color:black">WSBA# 8665</span><span style="font-size:13.5pt;color:black"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#333333">Law Office of Randy M. Boyer, Inc. P.S. </span><span style="font-size:11.0pt;font-family:"Corbel",sans-serif;color:#1F497D"><br>
7017 196th St. S.W. Lynnwood, Washington 98036<br>
</span><span style="font-size:11.0pt;font-family:Wingdings;color:#999999">(</span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#999999"> </span><span style="font-size:11.0pt;font-family:"Corbel",sans-serif;color:#1F497D">425.712.3107</span><span style="font-size:11.0pt;font-family:"Corbel",sans-serif;color:#A1784D">| </span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"> Fax </span><span style="font-size:11.0pt;font-family:"Corbel",sans-serif;color:#1F497D">425.778.2274<br>
</span><span style="font-size:10.5pt;font-family:"Calibri",sans-serif">mail to:<span class="apple-converted-space"><u> </u></span><a href="mailto:randyedlynlaw@gmail.com">randyedlynlaw@gmail.com</a></span><o:p></o:p></p>
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