Auction - HOA Lien vs Primary Mortgage (advanced)

[William Howley]

Hi, I am interested in purchasing a property at auction and have done the title research on the below example. I have some questions about the turn of events that had occurred and don't know who to turn to for answers. There is a little bit of setup to this question so bare with me, I will try to be as specific as possible.

Below is the link to the Public records for the owner of the property. (I live in Hillsborough County, Florida)

http://pubrec3.hillsclerk.com/oncore/search.aspx?bd=1%2F4%2F1994&ed=11%2F3%2F2015&n=stephens%20david%20m&bt=O&d=11%2F3%2F2015&pt=-1&dt=ALL%20DOCUMENT%20TYPES&st=fullname

Order of Events:

1. It appears that the HOA Lien was successful in that the property went to Auction, and a third party company "PERSEVERANT ORGANIZATION OF PROPERTIES LLC" purchased it on 6/26/2014
http://pubrec3.hillsclerk.com/oncore/showdetails.aspx?id=19142735&rn=39&pi=1&ref=search

2. The Primary mortgager "Wells Fargo" was notified of this activity, and on 3/23/2015 a JUDGEMENT was made for $150,000 in regards to the Primary mortgage, and a second auction date was set, which will occur on 11/24/2015.

Questions:

If someone were to bid and win the auction on 11/24/2015, would the winner owe PERSEVERANT ORGANIZATION OF PROPERTIES LLC whatever they paid in the first auction?

Or is true that PRESERVANT just basically loses their investment because it was worthless, and you gain the title and the HOA lien is now null because PRESERVANT had purchased it before the primary mortgage auction.

It is a little bit confusing but any advice would help, thanks!