This form serves as a notice of default to the mortgagor for payments that are past due. The default notice states that while the property is in foreclosure, the mortgagor is still responsible for paying other obligations required by the note and the deed of trust. If the mortgagor fails to make future payments on the loan or other financial obligations, the beneficiary or the mortgagee may insist that he/she do so in order to reinstate the account into good standing. The form also emphasizes that the mortgagor could lose his/her rights in the property if prompt action is not taken.
Bakersfield California Notice of Default And Election to Sell Under Deed of Trust
State:
California
City:
Bakersfield
Control #:
CA-02000
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Bakersfield California Notice Of Default And Election To Sell Under Deed Of Trust?
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