Glenn D. Augenstein v. Deutsche Bank National Trust Company as Trustee for the Certificateholders of Soundview

CourtCourt of Appeals of Kentucky
DecidedNovember 4, 2021
Docket2018 CA 001831
StatusUnknown

This text of Glenn D. Augenstein v. Deutsche Bank National Trust Company as Trustee for the Certificateholders of Soundview (Glenn D. Augenstein v. Deutsche Bank National Trust Company as Trustee for the Certificateholders of Soundview) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Glenn D. Augenstein v. Deutsche Bank National Trust Company as Trustee for the Certificateholders of Soundview, (Ky. Ct. App. 2021).

Opinion

RENDERED: NOVEMBER 5, 2021; 10:00 A.M. TO BE PUBLISHED

Commonwealth of Kentucky Court of Appeals

NO. 2018-CA-1831-MR

GLENN D. AUGENSTEIN APPELLANT

APPEAL FROM HENRY CIRCUIT COURT v. HONORABLE R. LESLIE KNIGHT, SPECIAL JUDGE ACTION NO. 12-CI-00203

DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE FOR THE CERTIFICATEHOLDERS OF SOUNDVIEW HOME LOAN TRUST 2005-OPT4, ASSET-BACKED CERTIFICATES, SERIES 2005-OPT4 c/o AMERICAN HOME MORTGAGE SERVICING, INC., 1525 SOUTH BELTLINE RD COPPELL, TX 75019 APPELLEE

OPINION AFFIRMING

** ** ** ** **

BEFORE: ACREE, COMBS, AND MAZE, JUDGES.

MAZE, JUDGE: Appellant, Glenn D. Augenstein, pro se, appeals the Henry

Circuit Court’s summary judgment and order of sale in favor of Appellee, Deutsche Bank,1 as well as other orders relating to the underlying action. For the

following reasons, we affirm.

BACKGROUND

This is a foreclosure case. On September 9, 2005, Augenstein

obtained a loan for $160,500.00 and executed a promissory note in favor of Option

One Mortgage Corporation to purchase real property located at 932 Wooded Hills

Road, Pendleton, Kentucky 40055. Option One Mortgage Corporation endorsed

the promissory note in blank on the allonge attached to the instrument. Then, in

January 2008, Option One Mortgage Corporation assigned its interest in the

mortgage to Deutsche Bank.

In 2012, after Augenstein failed to make the mortgage payments,

Deutsche Bank filed a foreclosure action.2 Augenstein answered the complaint and

also filed counterclaims against Deutsche Bank. The trial court dismissed

1 Appellee is fully identified as Deutsche Bank National Trust Company, as Trustee for the Certificateholders of Soundview Home Loan Trust 2005-OPT4, Asset-Backed Certificates, Series 2005-OPT4 c/o American Home Mortgage Servicing, Inc., 1525 South Beltline Rd Coppell, TX 75019 (hereinafter “Deutsche Bank”). 2 Deutsche Bank previously filed a foreclosure action against Augenstein in December 2007 and the Henry Circuit Court granted judgment in its favor in June 2008. That order was vacated by this Court in 2011 after Deutsche Bank failed to file an appellate brief and we concluded that Deutsche Bank did not have standing to commence the foreclosure action in December 2007 because Option One Mortgage Corporation did not assign its interest in the mortgage until January 2008, which was after Deutsche Bank filed its complaint. See Augenstein v. Deutsche Bank Nat’l Trust Co., No. 2009-CA-000058-MR, 2011 WL 556057 (Ky. App. Feb. 18, 2011, petition for reh’g denied Jul. 29, 2011).

-2- Augenstein’s counterclaims by summary judgment orders entered on June 29, 2015

and February 9, 2018, respectively.

On May 14, 2018, Deutsche Bank filed a motion for summary

judgment seeking a personal judgment against Augenstein and a sale of the real

estate which secured the mortgage. Attached to Deutsche Bank’s motion was the

affidavit of Yvonne S. Belcher, a representative who attested to the amount and

status of Augenstein’s mortgage based upon a review of the business records kept

in the regular course of business related to the mortgage loan.

On August 15, 2018, the trial court granted summary judgment to

Deutsche Bank. The trial court found that Augenstein had not made a payment on

his mortgage since 2007 and, as of April 30, 2018, the total amount Augenstein

owed on the note and mortgage debt with related late fees, escrows for taxes,

insurance, and property preservation costs was $376,216.60. The trial court

concluded that Augenstein was in default of his promissory note and mortgage by

the written terms of those documents for failing to make his monthly payments and

ordered the Master Commissioner to sell the real estate at issue to satisfy the

judgment.

-3- Subsequently, Augenstein filed a CR3 59.05 motion to vacate, which

the trial court verbally denied during an October 29, 2018, hearing.4 On November

28, 2018, Augenstein filed this appeal.5 Additional facts will be developed as

necessary.

ANALYSIS

I. The trial court did not err in granting summary judgment.

Appellate review of a motion for summary judgment only involves

questions of law and “a determination of whether a disputed material issue of fact

exists.” Shelton v. Kentucky Easter Seals Society, Inc., 413 S.W.3d 901, 905 (Ky.

2013). Therefore, our review of the summary judgment order is de novo with no

need to defer to the trial court’s decision. Id.

Augenstein argues the trial court erred in granting summary judgment

and Deutsche Bank did not have a right to enforce the mortgage and promissory

note because those documents were not authenticated. Specifically, Augenstein

claims no witness attested that the documents were what they were purported to be

3 Kentucky Rules of Civil Procedure. 4 The trial court entered a nunc pro tunc order denying Augenstein’s CR 59.05 motion on January 11, 2019. 5 Augenstein also filed a motion for intermediate relief and a petition for writ of prohibition, which the Court denied on December 13, 2018 and February 7, 2019, respectively. See Augenstein v. Honorable R. Leslie Knight, et al., No. 2018-CA-001802-OA.

-4- and, citing Acuff v. Wells Fargo Bank, N.A., 460 S.W.3d 335 (Ky. App. 2014),

argues that physical possession of the instruments is essential to enforcement.

“Generally, in foreclosure cases, the real party in interest is the current

holder of the note and/or mortgage.” Acuff, 460 S.W.3d at 339. A holder of a note

is entitled to enforce the obligations secured thereby. Stevenson v. Bank of

America, 359 S.W.3d 466, 470 (Ky. App. 2011). A “holder” is defined as

someone “in possession of a negotiable instrument that is payable either to bearer

or to an identified person that is the person in possession[.]” KRS6 355.1-

201(2)(u)1. “When indorsed in blank, an instrument becomes payable to bearer

and may be negotiated by transfer of possession alone until specially indorsed.”

KRS 355.3-205(2); see also KRS 355.3-201(1). Accordingly, if a party is in

possession of the original note, it is entitled to enforce the obligations secured by it

and is the real party in interest. Stevenson, 359 S.W.3d at 470.

Based on our review of the record, Deutsche Bank proved that it was

the holder of the original note endorsed in blank. Deutsche Bank produced the

original note in open court for Augenstein’s review and inspection. Also, the

mortgage document was filed with the Henry County Clerk’s office and

Augenstein’s signature on the document had never been disputed. Moreover,

6 Kentucky Revised Statutes.

-5- Augenstein did not file an affidavit or cite other evidence to dispute the validity or

authenticity of the documents.

A party is entitled to summary judgment if it appears from the

pleadings and all relevant discovery that no genuine issue of material fact exists,

and the moving party is entitled to judgment as a matter of law. CR 56; Steelvest,

Inc. v.

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