NOTICE OF DEFAULT
To __________________
___[address]______
____________________as trustee (or beneficiary) under that certain deed of
transfer in trust executed by ___________，as Trustor， to ____________， as
Trustee and ______________，as beneficiary， dated _____________， recorded in Book
____，Page ___ of official records in the office of the County Recorder of
_______ County， State of ____________， hereby give(s) notice that a breach of
the obligation for which such transfer in trust is security has occurred， the
nature of said breach being the failure to [state each item of default ， such as
the failure to pay principal， or installments thereof， interest， taxes，
insurance，etc.]，and that the Trustee (or beneficiary) elects to sell， or cause
to be sold the trust property in order to satisfy said obligation.
[Insertion if default is curable]
NOTICE
YOU MAY HAVE THE RIGHT TO CURE THE DEFAULT DESCRIBED HEREIN AND REINSTATE
THE MORTGAGE OR DEED OF TRUST. SECTION ______ OF THE CIVIL CODE PERMITS CERTAIN
DEFAULTS TO BE CURED UPON PAYMENT OF THE AMOUNTS REQUIRED BY THAT SECTION
WITHOUT REQUIRING PAYMENT OF THAT PORTION OF PRINCIPAL AND INTEREST WHICH WOULD
NOT BE DUE HAD NO DEFAULT OCCURRED. WHERE REINSTATEMENT IS POSSIBLE， IF THE
DEFAULT IS NOT CURED WITHIN _______________ FOLLOWING THE RECORDING OF THIS
NOTICE， THE RIGHT OF REINSTATEMENT WILL TERMINATE AND THE PROPERTY MAY BE
SOLD.
TO DETERMINE IF REINSTATEMENT IS POSSIBLE AND THE AMOUNT， IF ANY， NECESSARY
TO CURE THE DEFAULT， CONTACT THE BENEFICIARY OR MORTGAGEE OR THEIR SUCCESSORS IN
INTEREST，WHOSE NAME AND ADDRESS IS _________________ AT ___________
______________________________.
ANY FAILURE TO COMPLY WITH THE PROVISIONS OF THIS SUBDIVISION SHALL NOT
AFFECT THE VALIDITY OF A SALE IN FAVOR OF A BONA FIDE PURCHASER OR THE RIGHTS OF
AN ENCUMBRANCER FOR VALUE AND WITHOUT NOTICE.
Dated： ______________
________________________ [Trustee or Beneficiary]
-商务英语
daiy
发表于 2016-7-10 14:56:29