Midatlantic Ira LLC v. Travis Ally

CourtNew Jersey Superior Court Appellate Division
DecidedNovember 17, 2025
DocketA-0630-24
StatusUnpublished

This text of Midatlantic Ira LLC v. Travis Ally (Midatlantic Ira LLC v. Travis Ally) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Midatlantic Ira LLC v. Travis Ally, (N.J. Ct. App. 2025).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited . R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-0630-24 MIDATLANTIC IRA LLC, FBO DAVID H. SACHS IRA AS TO AN UNDIVIDED 80% INTEREST AND MIDATLANTIC IRA LLC, FBO PHILIP E. SACHS IRA AS TO AN UNDIVIDED 20% INTEREST ("MIDATLANTIC IRA"),

Plaintiff-Respondent,

v.

TRAVIS ALLY,

Defendant-Appellant,

and

NEW JERSEY MANUFACTURER INSURANCE COMPANY, SUBROGEE, DAWN WHITE, and UNITED STATES OFAMERICA,

Defendants. ______________________________

Submitted October 28, 2025 – Decided November 17, 2025

Before Judges Perez Friscia and Vinci. On appeal from the Superior Court of New Jersey, Chancery Division, Monmouth County, Docket No F- 007024-23.

Travis Ally, appellant pro se.

Friedman Vartolo LLP, attorneys for respondent (Michael Eskenazi, on the brief).

PER CURIAM

In this foreclosure matter, defendant Travis Ally, self-represented, appeals

from the following Chancery Division orders: the February 2, 2024 order

granting plaintiff MidAtlantic IRA LLC, FBO David H. Sachs IRA as to an

undivided 80% interest and MidAtlantic IRA LLC, FBO Philip E. Sachs IRA as

to an undivided 20% interest's motion for summary judgment; the May 10, 2024

order denying defendant's motion for reconsideration of the summary judgment

order; and the August 5, 2024 order denying defendant's motion to fix the

amount due. Having reviewed the record, parties' arguments, and applicable

law, we affirm in part and reverse and remand in part.

I.

On July 17, 2015, defendant executed a note to Coastal Real Estate

Limited Liability Company (Coastal) to secure a loan for $320,000. The note

provided for an "initial interest rate of 6.500000% per annum, payable in . . .

successive monthly installments of $1,733.33 due and payable on the first day

A-0630-24 2 of each month commencing September 1, 2015." The note also permitted

plaintiff to assess "late charges in the amount of four (4) percent for any payment

overdue by more than ten (10) days." Defendant was to make the final loan

payment on August 1, 2020. To secure payment of the note, defendant executed

a mortgage on real property in Red Bank (the property) in favor of Coastal. The

mortgage was recorded in the Monmouth County Clerk's Office on September

1, 2015. In January 2018, Coastal assigned the mortgage and security to

plaintiff, who also recorded the assignment.

On August 11, 2020, the parties modified the note and mortgage by

entering an extension agreement. Under the agreement, the loan was extended

from August 1, 2020 to August 1, 2021, and defendant remained responsible for

paying "the outstanding late charges totaling $189.98." Defendant's new

monthly installment payment was $2,858. The extension agreement specifically

provided that defendant's "[f]ailure to make all monthly installments when due

shall result in a termination of this agreement and the entire balance remaining

due and owing will be immediately due and payable." On October 1, 2021,

defendant failed to pay his monthly installment and did not make payments

thereafter.

A-0630-24 3 On June 7, 2023, plaintiff filed a complaint seeking to foreclose on the

property because defendant defaulted on the loan. Plaintiff asserted that it

served defendant with a notice of intention to foreclose (NOI), N.J.S.A. 2A:50-

56, "more than thirty-one (31) days prior" to filing its complaint as required

under the Fair Foreclosure Act (FFA), N.J.S.A. 2A:50-53 to -68. On June 25,

2023, plaintiff's process server personally served an individual identified as Ras

Ally at the property with the summons and complaint. The person accepting

service was described as a twenty-year-old male. Defendant filed an answer on

July 18 and asserted that plaintiff failed to present "evidence of mailing the

[NOI]."

On December 21, 2023, plaintiff moved for summary judgment, which

defendant did not oppose. In support of its motion, plaintiff provided the

certification of its agent, John Kiley, who attested that plaintiff sent defendant

the NOIs on March 14, 2023, by first class and certified mail. Kiley's

certification referenced an attached exhibit F, which included the specifics of

the "proof of mailing" of the NOIs. Included in exhibit F were two documents

titled "DECLARATION OF MAILING" that were completed by Charlene

Broussard on March 15, 2023. Kiley did not address the monthly late fee of

A-0630-24 4 $69.33 that it assessed prior to the fifteenth of each month after defendant failed

to make his monthly installments.

Broussard certified in the declarations that "the attached [NOI]

document(s)" were mailed first class and certified, with electronic return receipt.

The enclosed documents were copies of the NOIs sent to defendant at the

property's address and his Alexandria, Virginia address, which the mortgage had

listed. The exhibits contained the postal tracking number records for both

certified mailings, tracking histories, and United States Postal Service letters

indicating there was no available information on proof of delivery. Exhibit F

also included the invoice for the cost of the two regular and two certified

mailings. Defendant's Virginia address that plaintiff used for the NOI was also

the same address listed in the note.

Kiley explained the parties entered into an extension loan. Further, he

stated that defendant "failed to make the payment due on October 1, 2021 as

required by the Note and Mortgage referred to in the certification. Said

payments have remained unpaid for a time period longer than one month."

Because defendant remained in default, Kiley certified that "[b]y reason of said

default, [p]laintiff elected that the whole principal sum, together with all unpaid

interest and advances made by the [p]laintiff shall now become due."

A-0630-24 5 The court granted plaintiff's unopposed summary judgment motion on

February 2, 2024. On March 25, defendant moved for reconsideration of the

order granting plaintiff summary judgment, which the court denied. After

considering defendant's argument that he did not receive the NOIs and plaintiff

failed to produce a return receipt demonstrating proof of service, the court found

plaintiff's exhibits established proof of service under N.J.S.A. 2A:5-56(a).

On June 12, plaintiff moved for final judgment and to fix the amount due.

Defendant opposed plaintiff's motion and cross-moved, seeking that the court

reduce the amount due pursuant to Rule 4:64-1(d)(3). Plaintiff's loan servicer's

managing member, Ellen Katz, certified that the amount due was $397,238.37.

Katz certified the accuracy of the amount due schedule, which provided that the

unpaid principal was $319,999.67 and the amount of interest from September 1,

2021 to February 23, 2024 was $49,786.93. Katz's certification and the attached

amount due schedule did not address the assessed late payments. The separate

balance sheet and pay off quote that plaintiff provided defendant, dated February

23, 2024, each stated, "[l]ate [c]harges . . .

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Midatlantic Ira LLC v. Travis Ally, Counsel Stack Legal Research, https://law.counselstack.com/opinion/midatlantic-ira-llc-v-travis-ally-njsuperctappdiv-2025.