Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortgage lender, or other lienholder, obtains a termination of a mortgage borrower's equitable right of redemption, either by court order or by operation of law. A lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt. While this equitable right exists, it is a cloud on title and the lender cannot be sure that they can repossess the property. Therefore, through the process of foreclosure, the lender seeks to terminate the equitable right of redemption and take both legal and equitable title to the property in fee simple. Other lien holders can foreclose the owner's right of redemption for other debts, such as for overdue taxes, unpaid contractors' bills or overdue homeowner association dues or assessments.
The foreclosure process as applied to residential mortgage loans is a bank or other secured creditor selling or repossessing a parcel of real property after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust". The violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property; when the process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal costs, it is said that "the lender has foreclosed its mortgage or lien". If the promissory note was made with a recourse clause and if the sale does not bring enough to pay the existing balance of principal and fees the mortgagee can file a claim for a deficiency judgment. In many states in the United States, items included to calculate the amount of a deficiency judgment include the loan principal, accrued interest and attorney fees less the amount the lender bid at the foreclosure sale.
The mortgage holder can initiate foreclosure at a time specified in the mortgage documents some period of time after a default condition occurs. In the United States and many other countries, several types of foreclosure exist. In the US for example, two of them – namely, by judicial sale and by power of sale – are used, but other modes are possible in a few other U. S. states. Foreclosure is by judicial sale called judicial foreclosure, involves the sale of the mortgaged property under the supervision of a court; the proceeds go first to satisfy the mortgage other lien holders, the mortgagor/borrower if any proceeds are left. Judicial foreclosure is available in every US state and required in many; the lender initiates judicial foreclosure by filing a lawsuit against the borrower. As with all other legal actions, all parties must be notified of the foreclosure, but notification requirements vary from state to state in the US. A judicial decision is announced after the exchange of pleadings at a hearing in a state or local court in the US In some rather rare instances, foreclosures are filed in US federal courts.
Foreclosure by power of sale called nonjudicial foreclosure, is authorized by many states if a power of sale clause is included in the mortgage or if a deed of trust with such a clause was used, instead of an actual mortgage. In some US states, like California and Texas, nearly all so-called mortgages are deeds of trust; this process involves the sale of the property by the mortgage holder without court supervision. This process is much faster and cheaper than foreclosure by judicial sale; as in judicial sale, the mortgage holder and other lien holders are first and second claimants to the proceeds from the sale. Other types of foreclosure are considered minor because of their limited availability. Under strict foreclosure, available in a few states including Connecticut, New Hampshire and Vermont, if the mortgagee wins the court case, the court orders the defaulted mortgagor to pay the mortgage within a specified period of time. Should the mortgagor fail to do so, the mortgage holder gains the title to the property with no obligation to sell it.
This type of foreclosure is available only when the value of the property is less than the debt. Strict foreclosure was the original method of foreclosure. Acceleration is a clause, found in Sections 16, 17, or 18 of a typical mortgage in the US. Not all accelerations are the same for each mortgage, as it depends on the terms and conditions between lender and obligated mortgagor; when a term in the mortgage has been broken, the acceleration clause goes into effect. It can declare the entire payable debt to the lender if the borrower were to transfer the title at a future date to a purchaser; the clause in the mortgage instructs that a notice of acceleration must be served to the obligated mortgagor who signed the Note. Each mortgage gives a time period for the debtor to cure their loan; the most common time periods allot to debtor is 30 days, but for commercial property it can be 10 days. The notice of acceleration is called a Demand and/or Breach Letter. In the letter it informs the Borrower that they have 10 or 30 days from the date on the letter to reinstate their loan.
Demand/Breach letters are sent out by Certified and Regular mail to all notable ad
Fort Lauderdale Strikers (1977–83)
The Fort Lauderdale Strikers were an American soccer team, based in Fort Lauderdale, Florida. They played in the North American Soccer League from 1977 to 1983, they played their home games at Lockhart Stadium. The franchise was founded as the Washington Darts in 1967 and moved to the Miami metropolitan area in 1972, where they were known as the Miami Gatos and the Miami Toros before moving to Fort Lauderdale. In addition to their time in the NASL outdoor league, the Strikers played two NASL indoor seasons in 1979–80 and 1980–81, competed in the 1983 NASL Grand Prix of Indoor Soccer tournament, they were owned by his wife Elizabeth Robbie. In 1984 they relocated to Minnesota as the Minnesota Strikers, their first game was an indoor exhibition match with their cross-state rival the Tampa Bay Rowdies on February 27, 1977 After the 1983 season, the Strikers were moved to Minnesota and became the Minnesota Strikers. That club survived the end of the NASL by joining the Major Indoor Soccer League in 1984, but did fold in 1988.
Ron Newman Cor van der Hart Eckhard Krautzun David Chadwick Fort Lauderdale Strikers competing in the NASL Fort Lauderdale Strikers Fort Lauderdale Strikers Fort Lauderdale Sun Division 2 team of the short-lived USL Miami Fusion Now defunct MLS team Miami Toros Minnesota Strikers Fort Lauderdale–Tampa Bay rivalry A page devoted to the history of the Fort Lauderdale Strikers A blog for Fort Lauderdale Striker fans
Teófilo Juan Cubillas Arizaga is a Peruvian former footballer who played as an attacking midfielder. He was selected as Peru's greatest player in an IFFHS poll, in which he was included in the world's Top 50, he was renowned for shooting ability and free kick ability. Nicknamed El Nene, he was part of the Peru national team, he helped Peru reach the quarter finals at the 1970 FIFA World Cup and again at the 1978 World Cup and was elected the South American Footballer of the Year in 1972. In 2004, Pelé selected Cubillas as one of a list of 125 footballing greats. In February 2008, to celebrate the 50th anniversary of the first Brazilian World Cup victory, he was selected in the All-Star First Team of South America of the past 50 years. Cubillas is one of only three players to score five or more goals in two different World Cups, the other two being Miroslav Klose and Thomas Müller. Nicknamed "Nene" for his boyish looks, Cubillas began his career with Alianza Lima at the age of 16 in 1966. Whilst at Alianza he was top scorer in the Peruvian Primera División in 1966 and 1970.
In 1972, he had his most successful season in several years. He was Libertadores Cup top scorer and South American Footballer of the Year. In 1973, he transferred to Swiss football club FC Basel for a fee of £97,000, he scored two goals for Basel in the 1973–74 European Cup, the second of, scored on 20 September 1973. He only remained at the club for six months, not long enough for him to show the extent of his talent. On, for the second half of the 1973–74 season he joined Portuguese club FC Porto for a fee of £200,000. In 1977, he returned to Alianza Lima. In 1979, Cubillas joined the NASL, signing for Fort Lauderdale Strikers, where he spent five seasons, scoring 59 league goals, including three goals in seven minutes against the Los Angeles Aztecs in 1981. Following the December 1987 Alianza Lima air crash Cubillas returned from his Miami home to play for free for Alianza, who lost most of their players in the crash, he managed the club for a period in 1988. In May 1988 Cubillas signed with the newly resurrected Fort Lauderdale Strikers of the American Soccer League.
The Strikers went to the ASL title game. Following the loss to the Diplomats, the Strikers released Cubillas. In March 1989, he signed with the Miami Sharks but was released on 3 July after scoring only one goal in eight games; as of June 1991 he was playing and coaching at Miramar Illusiones of the Gold Coast Soccer League in Florida. Cubillas played in three World Cups between 1970 and 1982. Cubillas helped Peru advance to the quarter-finals of the 1970 FIFA World Cup in Mexico, he scored in all of Peru's four matches: once against Bulgaria, twice against Morocco, once against West Germany, all in the first round. Cubillas scored another goal in the quarter-final loss against eventual champions Brazil, he thus finished as the third highest goal scorer in the tournament, he won the FIFA World Cup Young Player Award, was third in the Golden Shoe award. Peru did not qualify for the 1974 FIFA World Cup in West Germany, but a year Cubillas helped the Peruvian team win its second South American title, the Copa América 1975.
Cubillas scored against Brazil in the semi-final, played in the play-off match in the final. In the 1978 FIFA World Cup in Argentina, he scored five goals for the Peruvian national team, finishing joint second highest goal scorer after Mario Kempes. Peru advanced to the second phase of the tournament thanks to goals from Cubillas: he scored two goals in the opening match against Scotland, he scored a hat-trick in the game against Iran, including two penalties. However, Peru subsequently lost to Brazil and Argentina, although Cubillas played in all six Peruvian matches in the tournament, he was in the Peruvian squad for 1982 FIFA World Cup. He did not score any goals. PortoTaça de Portugal: 1976–77Alianza LimaPeruvian Primera División: 1977, 1978Fort Lauderdale SunUnited Soccer League: 1984, 1985 PeruCopa América: 1975 1966 Peruvian Championship: Top Scorer 1970 Peruvian Championship: Top Scorer 1970 FIFA World Cup Best Young Player 1970 FIFA World Cup Bronze Boot 1972 Libertadores Cup Top Scorer 1972 South American Footballer of the Year 1973 CONMEBOL All-Star Team 1975 Copa America Best Player 1978 FIFA World Cup Silver Boot 1978 FIFA World Cup All-Star Team 1980 NASL All-Star teams, all-time 1981 NASL: Best Midfield 1981 NASL All-Star teams, all-time 1984 Fort Lauderdale Strikers: Top Scorer, all time.
2000 France Football: World Cup Top-100 1930–1990 2000 World Soccer: The 100 Greatest Footballers of All Time 2000 Placar: The 100 Players of the Century 2000 Placar: The 100 Players FIFA World Cup 2004 FIFA 100 2006 IFFHS' Best Players of the Century for Peru 2006 World – Player of the Century: Ranking Nº 48 2006 South American – Player of the Century: Ranking Nº 17 2007 The Best of The Best – Player of the Century: Top 50 2008 CONMEBOL All-Star first team 1958–2008 2008 Peru National Team all-time scoring leader Note: Total statistics for his time in the NASL include playoff matches. CubillasInc.com and Nene Cubillas Camp Futbol – Official Website NASL stats
Association football, more known as football or soccer, is a team sport played with a spherical ball between two teams of eleven players. It is played by 250 million players in over 200 countries and dependencies, making it the world's most popular sport; the game is played on a rectangular field called a pitch with a goal at each end. The object of the game is to score by moving the ball beyond the goal line into the opposing goal. Association football is one of a family of football codes, which emerged from various ball games played worldwide since antiquity; the modern game traces its origins to 1863 when the Laws of the Game were codified in England by The Football Association. Players are not allowed to touch the ball with hands or arms while it is in play, except for the goalkeepers within the penalty area. Other players use their feet to strike or pass the ball, but may use any other part of their body except the hands and the arms; the team that scores most goals by the end of the match wins.
If the score is level at the end of the game, either a draw is declared or the game goes into extra time or a penalty shootout depending on the format of the competition. Association football is governed internationally by the International Federation of Association Football, which organises World Cups for both men and women every four years; the rules of association football were codified in England by the Football Association in 1863 and the name association football was coined to distinguish the game from the other forms of football played at the time rugby football. The first written "reference to the inflated ball used in the game" was in the mid-14th century: "Þe heued fro þe body went, Als it were a foteballe"; the Online Etymology Dictionary states that the "rules of the game" were made in 1848, before the "split off in 1863". The term soccer comes from a slang or jocular abbreviation of the word "association", with the suffix "-er" appended to it; the word soccer was first recorded in 1889 in the earlier form of socca.
Within the English-speaking world, association football is now called "football" in the United Kingdom and "soccer" in Canada and the United States. People in countries where other codes of football are prevalent may use either term, although national associations in Australia and New Zealand now use "football" for the formal name. According to FIFA, the Chinese competitive game cuju is the earliest form of football for which there is evidence. Cuju players could use any part of the body apart from hands and the intent was kicking a ball through an opening into a net, it was remarkably similar to modern football. During the Han Dynasty, cuju games were standardised and rules were established. Phaininda and episkyros were Greek ball games. An image of an episkyros player depicted in low relief on a vase at the National Archaeological Museum of Athens appears on the UEFA European Championship Cup. Athenaeus, writing in 228 AD, referenced the Roman ball game harpastum. Phaininda and harpastum were played involving hands and violence.
They all appear to have resembled rugby football and volleyball more than what is recognizable as modern football. As with pre-codified "mob football", the antecedent of all modern football codes, these three games involved more handling the ball than kicking. Other games included kemari in chuk-guk in Korea. Association football in itself does not have a classical history. Notwithstanding any similarities to other ball games played around the world FIFA has recognised that no historical connection exists with any game played in antiquity outside Europe; the modern rules of association football are based on the mid-19th century efforts to standardise the varying forms of football played in the public schools of England. The history of football in England dates back to at least the eighth century AD; the Cambridge Rules, first drawn up at Cambridge University in 1848, were influential in the development of subsequent codes, including association football. The Cambridge Rules were written at Trinity College, Cambridge, at a meeting attended by representatives from Eton, Rugby and Shrewsbury schools.
They were not universally adopted. During the 1850s, many clubs unconnected to schools or universities were formed throughout the English-speaking world, to play various forms of football; some came up with their own distinct codes of rules, most notably the Sheffield Football Club, formed by former public school pupils in 1857, which led to formation of a Sheffield FA in 1867. In 1862, John Charles Thring of Uppingham School devised an influential set of rules; these ongoing efforts contributed to the formation of The Football Association in 1863, which first met on the morning of 26 October 1863 at the Freemasons' Tavern in Great Queen Street, London. The only school to be represented on this occasion was Charterhouse; the Freemason's Tavern was the setting for five more meetings between October and December, which produced the first comprehensive set of rules. At the final meeting, the first FA treasurer, the representative from Blackheath, withdrew his club from the FA over the removal of two draft rules at the previous meeting: the first allowed for running with the ball in hand.
Other English rugby clubs followed this lead and did not join the FA and instead in 1871 formed the Rugby Football Union. The eleven remaining clubs, under
Lockhart Stadium is a stadium used for soccer in Fort Lauderdale, United States. It was the home of the Fort Lauderdale Strikers of North American Soccer League, it has seen use in a variety of sports soccer and American football. Designed in 1959 for high school sports, the stadium's long-standing soccer connection began in 1977 when it became the home venue for the original Fort Lauderdale Strikers of the original NASL. In 1998 it was refitted for soccer as the home of the Miami Fusion in Major League Soccer, it was the home stadium of the Florida Atlantic Owls football team from 2002 to 2010. The stadium was built in 1959 as part of a new sports complex that included the Fort Lauderdale Stadium baseball park, it was designed to host American football and track and field competitions for four local high schools: Fort Lauderdale High School, Stranahan High School, Northeast High School, Dillard High School. The stadium was named for former city commissioner H. Y. "Doug" Lockhart and was dedicated at a football game on September 18, 1959.
For nearly twenty years, Lockhart Stadium was used for high school football and track, but saw use for state football as well as soccer. A more substantial role as a soccer venue came in 1977, when the Miami Toros of the original North American Soccer League relocated to the stadium, renaming themselves the Fort Lauderdale Strikers; this began Lockhart's long association with the sport. The Strikers played there until 1982. On November 23, 1980, the United States men's national soccer team defeated Mexico 2–1 in a World Cup qualifier at Lockhart, the first U. S. win over Mexico in over 46 years. After the departure of the Strikers, the stadium returned to its original use for high school sports for several years; the stadium would, play host to Miami Dolphins scrimmages during training camps in the late 1990s. In 1998, the stadium was renovated for use by the Miami Fusion F. C. of Major League Soccer. The renovation redesigned the field expressly for soccer; this was an unusual move at the time, as all other MLS teams played in football stadiums, started the league's eventual trend toward soccer-specific stadiums.
The stadium continued to host high-profile soccer games through this period, including D. C. United's 1998 victory over Vasco da Gama in the Interamerican Cup. However, the Fusion were contracted by the league in 2002. In 2003 Lockhart was refitted once again for use by the Florida Atlantic University Owls college football team. In 2011, the Owls began playing at the on-campus FAU Stadium in Boca Raton. Billy Graham's final South Florida crusade took place at the Lockhart Stadium in 1985; the stadium was host to the 2007 Caribbean Carnival for Broward County, after Miramar turned their request down. The stadium hosted the 2008 and 2009 MLS combines. In 2009, Miami FC moved to Lockhart Stadium from Miami, they changed their name to the Fort Lauderdale Strikers in 2011. The Fort Lauderdale Strikers announced in 2016 that are moving from Lockhart Stadium to a stadium at Central Broward Regional Park. A $70-million Schlitterbahn Water Park proposed for the 64 acres taken up Lockhart Stadium is tied up in court being challenged by the owners of Rapids Water Park in Riviera Beach.
On January 28, 2019, Inter Miami CF presented a proposal to the City of Fort Lauderdale for the design and maintenance of a state-of the-art soccer training facility, a multi-purpose sport stadium and a sport centric community destination in the former Lockhart Stadium site. The Fort Lauderdale city council unanimously approved Inter Miami's bid for the Lockhart Stadium site on April 2. Fort Lauderdale Strikers Stadium image
Indoor soccer or arena soccer, is a game derived from association football adapted for play in a walled indoor arena. Indoor soccer, as it is most known in the United States and Canada, was developed in these two countries as a way to play soccer during the winter months, when snow would make outdoor play difficult. In those countries, gymnasiums are adapted for indoor soccer play. In other countries the game is played in either indoor or outdoor arenas surrounded by walls, is referred to by different names. Indoor soccer has different regulations from other versions of association football designed for indoor play, such as futsal and five-a-side football. Unlike futsal, played on wooden or ceramic surfaces, indoor soccer is played on synthetic turf. Indoor soccer courts are delimited by walls instead of lines, there are no player throw-ins. FIFA, the international body that oversees international association football competitions, does not sanction the synthetic turf version of indoor soccer, having developed its own code of indoor football.
Indoor soccer is most popular in the United States and Mexico, with several amateur and professional leagues functioning. While internationally less popular than futsal, indoor soccer is played at the league level in many countries outside North America; the World Minifootball Federation is the governing body of indoor soccer at the international level, having replaced the International Fast Football Federation. The term minifootball, coined in Europe, has been adopted by the WMF as a standard international name for the sport. Indoor soccer is played throughout the world; the international federation dedicated to promoting the sport is the World Minifootball Federation based in the Czech Republic. The WMF replaced the International Fast Football Federation, based in Mexico and the United States. There are regional federations who govern the sport including: African Minifootball Federation, Asian Minifootball Confederation, Confederacion Panamericana de Minifutbol, European Minifootball Federation, Oceania Minifootball Federation.
During its existence, FIFRA organized several indoor soccer tournaments for national teams, including the Indoor Soccer World Championship. The only edition of this tournament took place in Mexico in 1997. No other indoor soccer world championship was held until 2015, when the WMF organized the first WMF World Cup in the United States; the second WMF World Cup took place in Tunisia in 2017. A world cup for Under-21 players was held in Prague with the Czech team taking the title. Star Sixes, an indoor six-a-side football tournament for national teams from around the world, was held in the O2 Arena in London in 2017. Held outside the auspices of the WMF, this tournament featured players which participated in the association football national teams of their home countries. A total of twelve teams participated, with France winning the title, it is intended to make Star Sixes a recurring event. A second edition took place with England winning the title. Indoor soccer is a common sport in the United States and Canada, with both amateur and professional leagues, due to the short season for outdoor soccer in Canada and the Northern United States, the ubiquity of arenas built for ice hockey and basketball which can be converted to indoor soccer.
It is popular in Northern Canada due to the unplayable outdoor conditions and its appearance in the Arctic Winter Games. Indoor soccer or futbol rapido has become a popular sport in Mexico, being included as part of the Universiada and the CONADEIP, in which university school teams from all over Mexico compete. In Mexico, "indoor" soccer fields are built outdoors. In 2012 an eight-team indoor soccer league was launched, which consists of former professional association football players from Liga MX. Indoor soccer is known in Brazil with several current regional leagues. Formal national leagues have formed in Bolivia, Uruguay and Peru. However, the most common variation of indoor soccer played in Brazil is Futsal. Indoor soccer is played in several European countries. In the United Kingdom, Masters Football is the most well-known competition. Tournaments among Masters teams are played. In Spain, some over-30 ex-professionals represent their clubs in the Liga Fertiberia which plays a five-a-side variant.
There is a European indoor soccer federation known as the European Minifootball Federation. EMF organize the European Minifootball Championship every year and in recent years countries have established official national minifootball associations to help them further organize and develop it. EMF organize variations of six-a-side football and this could come in different shapes and sizes from a large custom-built facility with multiple pitches or an 11-a-side pitch temporarily split into smaller pitches; this is not to be confused with the term used in Russia and some other former Soviet countries, where the term mini-fo