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HomeMy WebLinkAboutRecorded Doc 2020-064 DOC #2020-0093132 Page 4 of 4 • Borrower(s): Young,WiPiam E.and Mellie Faye Hall Mortgage Servicer. Celink Property Address: 30146 San Antonio Drive Cathedral City, CA 92234 T.S Number: CALIFORNIA DECLARATION OF COMPLIANCE (Civil Code § 2923.55(c)) The undersigned, as an authorized agent or employee of the mortgage servicer named below, declares that: 1. x The mortgage servicer has contacted the Borrower pursuant to California Civil Code§ 2923.55(b)(2)to"assess the Borrower's financial situation and explore options for the Borrower to avoid foreclosure". Thirty(30) days, or more, have passed since the initial contact was made. 2. The mortgage servicer has exercised due diligence to contact the Borrower pursuant to California Civil Code§2923.55(f)to"assess the Borrower's financial situation and explore options for the Borrower to avoid foreclosure". Thirty (30) days, or more, have passed since these due diligence efforts were satisfied. 3. ❑ No contact was required by the mortgage servicer because the individual did not meet the definition of'Borrower' pursuant to subdivision (c) of Section §2920.5. 4. No contact was made with the Borrower pursuant to Civil Code§ 2923.55 because the above- referenced loan is not secured by a first lien mortgage or deed of trust that secures a loan described in Civil Code§2924.15(a). I certify and represent that this mortgage servicer's declaration is accurate, complete and based upon competent and reliable evidence, including my review of the mortgage servicer's business records. Dated: January 15,2020 Celink, Reverse Mortgage Servicing Department By: own. Name: Alan Hinds Title: Specialist IV DOC #2020-0093132 Page 3 of 4 APN: 677-292-010 TS No: CA05001379-15-4 TO No: 191300136-CA-V01. Where required by law, a declaration pursuant to California Civil Code Section 2923.5(b) or California Civil Code Section 2923.55 is attached. Dated: "�� MTC Financial Inc. dba Trustee Corps as Duly Appointed Successor Trustee By: Frances DePalma,A orized Signatory MTC Financial Inc.dba Trustee Corps may be acting as a debt collector attempting to collect a debt. Any information obtained may be used for that purpose. To the extent your original obligation was discharged or is subject to an automatic stay of bankruptcy under Title 11 of the United States Code,this notice is for compliance and/or informational purposes only and does personal liabilityfor such obligation. However, a ian attempt to collect a debt or to impose9 not constitute p secured party retains rights under its security instrument, including the right to foreclose its lien. DOC #2020-0093132 Page 2 of 4 APN: 677-292-010 TS No: CA05001379-15-4 TO No: 191300136-CA-VOl Following the expiration of the time period referred to in the first paragraph of this notice, unless the obligation being foreclosed upon or a separate written agreement between you and your creditor permits a longer period, you have only the legal right to stop the sale of your property by paying the entire amount demanded by your creditor. To find out the amount you must pay, or to arrange for payment to stop the foreclosure, or if your property is in foreclosure for any other reason, contact: Bank of New York Mellon Trust Company, N.A. as Trustee for Mortgage Assets Management Series I Trust c/o MTC Financial Inc. dba Trustee Corps located at 17100 Gillette Ave Irvine, CA 92614 Phone: 949-252-8300 TDD: 866-660-4288 Ref No: CA05001379-15-4 If you have any questions, you should contact a lawyer or the governmental agency which may have insured your loan. Notwithstanding the fact that your property is in foreclosure, you may offer your property for sale, provided the sale is concluded prior to the conclusion of the foreclosure. REMEMBER, YOU MAY LOSE LEGAL RIGHTS IF YOU DO NOT TAKE PROMPT ACTION. NOTICE IS HEREBY GIVEN THAT: TRUSTEE CORPS is the original Trustee, duly appointed Substituted Trustee, or acting as Agent for the Trustee or Beneficiary under a Deed of Trust dated as of August 2, 2005, executed by WILLIAM E. YOUNG AND MELLIE FAYE HALL YOUNG, HUSBAND AND WIFE, AS JOINT TENANTS, as Trustor(s), to secure obligations in favor of FINANCIAL FREEDOM SENIOR FUNDING CORPORATION, A SUBSIDIARY OF INDYMAC BANK, F.S.B., the original Beneficiary, recorded August 16, 2005, as Instrument No. 2005-0667237, of the official records in the Office of the Recorder of Riverside County, California, and is subject to the terms and conditions contained therein. THE SUBJECT DEED OF TRUST IS A REVERSE MORTGAGE THAT BECAME ALL DUE AND PAYABLE ON December 4, 2018 FOR THE FOLLOWING BREACH: Failed to pay the principal balance which became all due and payable based upon the failure to pay taxes and/or insurance The Deed of Trust secures the payment of and the performance of certain obligations, including but not limited to, the obligations set forth in a Promissory Note with a face amount of $390,000.00, and that a breach and default of the obligations for which said Deed of Trust is security has occurred in that the Trustor(s) has failed to perform obligations pursuant to or under the Note and/or the Deed of Trust. By reason thereof, the present Beneficiary under such Deed of Trust, has deposited with said duly appointed Trustee such Deed of Trust and all documents evidencing the obligations secured thereby, and has declared and does hereby declare all sums secured thereby immediately due and payable and has elected and does hereby elect to cause the Trust Property to be sold to satisfy the obligations secured thereby. DOC # 2020-0093132 2010-004 02/28/2020 02:46 PM Fees: $108.00 Page 1 of 4 Recorded in Official Records County of Riverside Peter Aldana RECORDING REQUESTED BY: Assessor-County Clerk-Recorder ServiceLink **This document was electronically submitted WHEN RECORDED MAIL TO: to the County of Riverside for recording" Receipted by: NADINE#380 Trustee Corps 17100 Gillette Ave Irvine, CA 92614 APN: 677-292-010 TS No: CA05001379-15-4 TO No: 191300136-CA-VOI NOTICE OF DEFAULT AND ELECTION TO SELL UNDER DEED OF TRUST NOTE: THERE IS A SUMMARY OF THE INFORMATION IN THIS DOCUMENT ATTACHED A : AKJE *—'P7111#I1N tzLAM: * %It'll 1.9.. 2.449171- 41*r1-1 4 NOTA: SE ADJUNTA UN RESUMEN DE LA INFORMACION DE ESTE DOCUMENTO TALA: MAYROONG BUOD NG IMPORMASYON SA DOKUMENTONG ITO NA NAKALAKIP LW 1(: KEM THEO DAY LA BAN TRINH BAY TOM LU'Or VE THONG TIN TRONG TAI LIEU NAY (The above statement is made pursuant to CA Civil Code Section 2923.3(c)(1). The Summary will be provided to Trustor(s)and/or vested owner(s)only, pursuant to CA Civil Code Section 2923.3(c)(2).) IMPORTANT NOTICE IF YOUR PROPERTY IS IN FORECLOSURE BECAUSE YOU ARE BEHIND IN YOUR PAYMENTS, IT MAY BE SOLD WITHOUT ANY COURT ACTION, and you may have the legal right to bring your account in good standing by paying all of your past due payments plus permitted costs and expenses within the time permitted by law for reinstatement of your account, which is normally five business days prior to the date set for the sale of your property. No sale date may be set until approximately 90 days from the date this notice of default may be recorded (which date of recording appears on this notice). This amount is $302,182.73 as of February 27, 2020, and will increase until your account becomes current. While your property is in foreclosure, you still must pay other obligations (such as insurance and taxes) required by your Note and Deed of Trust or Mortgage. If you fail to make future payments on the loan, pay taxes on the property, provide insurance on the property, or pay other obligations as required in the Note and Deed of Trust or Mortgage, the Beneficiary or Mortgagee may insist that you do so in order to reinstate your account in good standing. In addition, the Beneficiary or Mortgagee may require as a condition to reinstatement that you provide reliable written evidence that you paid all senior liens, property taxes, and hazard insurance premiums. Upon your written request, the Beneficiary or Mortgagee will give you a written itemization of the entire amount you must pay. You may not have to pay the entire unpaid portion of your account, even though full payment was demanded, but you must pay all amounts in default at the time payment is made. However, you and your Beneficiary or Mortgagee may mutually agree in writing prior to the time the Notice of Sale is posted (which may not be earlier than the end of the three-month period stated above) to, among other things, (1) provide additional time in which to cure the default by transfer of the property or otherwise; or(2) establish a schedule of payments in order to cure your default; or both (1)and (2). [a.f, .