DISTRICT COURT OF THE VIRGIN ISLANDS
DIVISION OF ST. CROIX
FLAGSTAR BANK, FSB,
)
)
Plaintiff,
)
)
v.
)
Civil Action No. 2012-0059
)
MANIKIA A. RAMSEY,
)
)
Defendant.
)
________________________________________________)
Attorney:
A. Jennings Stone, Esq.,
St. Thomas, U.S.V.I.
For Plaintiff
JUDGMENT AND ORDER
UPON CONSIDERATION of the “Motion for Default Judgment” filed by Plaintiff 
Flagstar Bank, FSB (“Flagstar”) against Defendant Manikia A. Ramsey (Dkt. No. 9), and the 
entire record herein, and for the reasons stated in the accompanying Memorandum Opinion filed 
contemporaneously herewith, it is hereby
ORDERED, ADJUDGED, AND DECREED that Flagstar’s Motion for Default 
Judgment is GRANTED; and it is further
ORDERED, ADJUDGED AND DECREED that Flagstar has a first priority lien on the 
Property, described in the Memorandum Opinion as
Plot No. 197 of Estate Enfield Green, Prince Quarter, St. Croix, U.S. Virgin 
Islands, 0.5536 U.S. acre, more or less, as more fully shown on OLG Drawing 
No. 4547 dated January 10, 1989, revised August 13, 1990. 
and it is further
ORDERED, ADJUDGED AND DECREED that Plaintiff Flagstar Bank, FSB is 
awarded final judgment against Defendant Manikia A. Ramsey in the amount of $347,583.42;
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plus accrued interest from December 1, 2011 through June 30, 2013 in the amount of
$31,566.93; plus escrow advances in the amount of $7,372.54; plus accumulated late fees in the 
amount of $480.34; plus inspections or other property preservation fees and charges in the 
amount of $176.00; for a total indebtedness of $387,179.23; and it is further
ORDERED, ADJUDGED AND DECREED that such indebtedness shall accrue 
interest in the amount of $54.76 per diem from July 1, 2013 until the date of entry of this
Judgment, plus interest at the statutory rate of four percent (4.000%) per annum from the date of 
entry of this Judgment until this Judgment is satisfied; and it is further
ORDERED, ADJUDGED AND DECREED that Flagstar is awarded attorney’s fees 
and other expenses in the amount of $2,343.58 to be added to the total indebtedness set forth 
above; and it is further
ORDERED, ADJUDGED AND DECREED that Flagstar may seek an additional award 
of subsequent costs and attorney’s fees to be determined upon appropriate application filed with 
the Court at any time prior to entry of an Order confirming the sale of the Property; and it is 
further
ORDERED, ADJUDGED AND DECREED that Flagstar’s Mortgage dated May 19, 
2009
and all other liens subsequent or inferior to Flagstar’s Mortgage are hereby 
FORECLOSED; and it is further
ORDERED, ADJUDGED AND DECREED that Defendant Manikia A. Ramsey and all 
persons claiming from or under her shall be forever barred and foreclosed from all rights of 
redemption and claims to the Property except for statutory redemption rights in accordance with 
V.I. Code Ann. Tit. 28, § 535; and it is further
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ORDERED, ADJUDGED AND DECREED that the Property shall be sold by the U.S. 
Marshal according to law at a judicially supervised sale and that the proceeds of such sale shall 
be applied first to the expenses associated with any sale, including but not limited to the costs of 
publication and the commission assessed by the United States Marshal’s Service pursuant to 28 
U.S.C. § 1921, and then toward satisfaction of this judgment in favor of Flagstar, including any 
costs and attorney’s fees awarded or that may be awarded upon application and any sums that 
may be paid by Flagstar for insurance premiums, taxes, and expenditures necessary to maintain 
the Property pending sale, with interest from the date of any such payment; and it is further
ORDERED, ADJUDGED AND DECREED that any surplus remaining after the 
application of the proceeds as provided above, shall be distributed in accordance with 5 V.I.C. § 
489; and it is further
ORDERED, ADJUDGED AND DECREED that time is of the essence for the payment 
of all amounts in connection with the Marshal’s Sale; and it is further
ORDERED, ADJUDGED AND DECREED that at any time before or after the 
Marshal’s Sale, Flagstar shall be allowed to assign any or all of its rights under this Judgment or 
any other Order of this Court, in whole or in part, to one or more assignee(s) or nominee(s) 
without notice or approval of any kind; and Flagstar and its nominee(s) and assignee(s) shall be 
allowed to credit bid at such sale and shall be allowed to transfer and/or assign any bids; and it is 
further
ORDERED, ADJUDGED AND DECREED that:
1. Pursuant to 5 V.I.C. § 484, notice of the Marshal’s Sale shall be posted for four weeks 
prior to the sale in a public place in or near the Office of the Clerk of Court; and 
published once a week for at least four consecutive weeks prior to the sale in a newspaper 
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regularly issued and of general circulation in the U.S. Virgin Islands. The notice shall 
describe the Property as set forth above and shall contain the terms and conditions of sale 
as set forth herein. 
2.   The terms and conditions of the sale shall be as follows:
a. The Property shall be seized and sold at public sale at the Office of the U.S. Marshal, 
3013 Estate Golden Rock, Federal Building, Christiansted, St. Croix, U.S. Virgin Islands,
in accordance with 28 U.S.C. §§ 2001 and 2002;
b. Flagstar and its nominee(s) and assignee(s) may bid a credit against its judgment and 
interest thereon, plus any costs, fees, and expenses, without tender of cash;
c. The terms of sale as to all other persons or parties bidding shall be bank check, money 
order, or other certified funds. The successful bidder shall be required to deposit with the 
United States Marshal cash equal to ten percent (10%) of the bidder’s total bid at or 
before 5:00 p.m. on the date of sale; and the remaining ninety percent (90%) of said 
purchase price shall be paid on or before 5:00 p.m. within thirty (30) days, inclusive, of
the date of sale;
d. The successful bidder shall be responsible for the payment of stamp taxes, recording 
fees, and related charges associated with obtaining and recording a deed to the Property;
e. The United States Marshal shall make her report of sale within ten (10) days from the 
date of sale.
f. If no objections have been filed in writing with the Clerk of Court by 10:00 a.m. within 
fifteen (15) days, inclusive, from the date of sale, the sale shall be confirmed upon motion 
of Flagstar or the purchaser.
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3.
Flagstar shall have any and all writs necessary to execute the terms of this Judgment; and 
it is further
ORDERED, ADJUDGED AND DECREED that Flagstar shall be entitled upon proper 
application to Judgment against Manikia A. Ramsey for any deficiency that may remain after the 
sale of the Property; and it is further
ORDERED, ADJUDGED AND DECREED that copies of this Judgment shall be 
directed to the Parties’ counsel of record, and shall be served by the U.S. Marshal on Manikia A. 
Ramsey.
SO ORDERED.
Date: March 5, 2014
_______/s/_______
WILMA A. LEWIS
Chief Judge
 
 
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