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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Foreclosing on 2ed deed of trust Posted by G.M McCarty on May 08, 2003 at 5:00 PM I recorded a default on a 2ed deed of trust I hold. The property owner did a lot line adjustment and seperated 12 acres onto his commercial property, leaving 22 acres on his residential property. He did not have permission from me or the holder of the 1st deed of trust. I made a loan on a 34 acre property. When I foreclose will I receive the original 34 acres or am I stuck with 22 acres? I am concerned that only 22 acres will not appraise for the amount owed to me plus the amount I will have to pay the holder of the first deed of trust. Follow Ups: The foreclosing trust deed dictates what's being sold.. Ward-CA- 6:17 PM, 05/09/03 (0) Re: Foreclosing on 2ed deed of trust Rick Harmon 5:11 PM, 05/08/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I recorded a default on a 2ed deed of trust I hold. The property owner did a lot line adjustment and seperated 12 acres onto his commercial property, leaving 22 acres on his residential property. He did not have permission from me or the holder of the 1st deed of trust. I made a loan on a 34 acre property. When I foreclose will I receive the original 34 acres or am I stuck with 22 acres? I am concerned that only 22 acres will not appraise for the amount owed to me plus the amount I will have to pay the holder of the first deed of trust. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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