UV Cite III, LLC v. Deutsche Bank National Trust Co.

This is a residential foreclosure case. In 2016, Deutsche Bank National Trust Company sought to foreclose on the mortgage it held on a condominium in Sailboat Cay owned by UV Cite III, LLC. While the case was pending, Deutsche Bank moved to “sequester” the rents that UV Cite was collecting from tenants living in the condominium, and have the rents placed in the court registry. The trial court held a hearing on the motion, and granted it, ordering UV Cite to “pay all rents due each month ... under the subject lease into the Court Registry.” “At the conclusion of this action,” the trial court…