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Click ‘Get Form’ to open it in the editor.
Begin by entering your name and address in the designated fields. This information is crucial as it identifies you as the requester.
Next, identify the trust deed by providing the names of the original parties, the date it was filed, and either the book and page number or recorder's entry number.
Include a legal description of the trust property in the specified section to ensure accurate processing.
Finally, sign the document where indicated and complete any required certificate of acknowledgment.
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Section 32 - Sale of trust property by trustee -- Action to recover balance due upon obligation for which trust deed was given as security -- Collection of costs and attorneys fees.
What does a request for notice of default mean?
In the context of mortgage foreclosure, a notice of default is a formal notice that a lender filed with courts to notify the borrower who has failed to make payments that the lender intends to conduct a sale foreclosure.
How to respond to a notice of default?
How Do You Respond to a Notice of Default? Read through the default notice carefully and contact your lender to discuss steps you may be able to take to get caught up with your loan. In some cases, the lender may work with you to modify the loan terms.
What is a notice of default in Utah?
Sale of trust property by trustee -- Payment of bid -- Trustees deed delivered to purchaser -- Recitals -- Effect. The purchaser at the sale shall pay the price bid as directed by the trustee.
Should I ignore a notice of default?
Of course you can ignore it as long as youre willing to accept the consequences. A default judgment against you, meaning you lose and depending on your state laws, you may end up with your wages garnished, or perhaps a lien against your property.
What is a default notice? A default notice is a notification from a lender asking you to catch up with your payments or else have your account closed. Its your chance to stop a default from happening. You should try and pay the amount you owe immediately to avoid a default.
Related links
Utah Code 57-1-26
(a), Any person desiring a copy of any notice of default and of any notice of sale under any trust deed shall file for record a duly acknowledged request
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