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Satisfaction, Release or Cancellation of Mortgage by Individual Hawaii Form

Satisfaction, Release or Cancellation of Mortgage by Individual Hawaii Form

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a second mortgage has the right to foreclose when they lend you $100,000 or $200,000 whatever the dollar amount may be on your home in second position they have the same right to foreclose that a first position mortgage has or else think about it they wouldn't let you borrow the money if they couldn't foreclose they would essentially just be a credit card something that you where you can take money and if you don't pay them they have no recourse they have no resolution all they could do is maybe sue you in state court and then hope to garnish your wages but that's not accurate when you sign the dotted line the promissary note and the deed of trust and you fund a HELOC or a second mortgage in second position that mortgage or hok again a secure deed of trust position on the home has the right to foreclose just like a first mortgage could foreclose

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