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Florida Final Notice of Default for Past Due Payments in Connection with Contract for Deed Form

Florida Final Notice of Default for Past Due Payments in Connection with Contract for Deed Form

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Months of PLUS in late fees. FINAL NOTICE OF DEFAULT PAST DUE PAYMENTS UNDER CONTRACT FOR DEED TO THIS NOTICE OF DEFAULT CONCERNS THE CONTRACT FOR DEED ENTERED into by and between SELLER and following address. TOTAL DUE IF YOU FAIL TO PAY THE ABOVE PAYMENTS WITHIN THE TIME PERIOD SPECIFIED IN THIS NOTICE YOU WILL STAND IN BREACH OF THE CONTRACT AND SELLER MAY TAKE APPROPRIATE ACTIONS FOR BREACH WHICH COULD INCLUDE YOU LOSING ALL THE MONEY YOU HAVE PAID ON THE CONTRACT YOUR RIGHT TO POSSESSION...
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So if you're closing the cellar finance rEval estate dEval with the deed of there are three key documents that are there's the deed there's the promissory note and there's the deed of trust the deed is the document that essentially transfers ownership from the seller to the buyer and the note is like the legal instrument that just states all the terms of what the loan is the interest rate the loan amount the payments all that information and that the deed of trust is the document that actually gets recorded at the county level, and it acts as a lien on the property until that loan is paid in full so the deed and the deed of trust get recorded, but the promissory note does not and the way a deed of trust works is there are three parties involved there is the lender and there is the borrower and then there's a third party called a trustee and the trustee is usually designated as like a title company or an attorney or sometimes even a loan servicing company and this trustee is the person

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