This affidavit is for execution when an original promissory note has been lost. The form provides a description of the contents contained in the original note and the balance due on the note at the time the note was lost. The form must also be signed in the presence of a notary public.
Lost Note Affidavit Form Foreclosure In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00408
Format:
Word;
Rich Text
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A plaintiff must allege that it is in possession of the underlying Note in order to establish that it has standing to prosecute the action. What information is required to complete a lost note affidavit?Collect the contact information of the parties involved: name, address, phone number, etc. In Wells Fargo Bank, N.A. v. Recover lost promissory notes with ease. The note represents the promise or agreement of the homeowner. If a lender produces a lost note affidavit in lieu of an original note or copy thereof then borrowers may attack the lost note affidavit's validity instead.