Fill and Sign the Notice Default Intent Form

Notice of Default and Election to Sell (Intent to Foreclose) To: _________________________________________________________________________ (list of names of interested parties) On ____________________ (date of execution) , ___________________________ (name of trustor or name of mortgagor) , ______________________ (trustor or mortgagor) executed and delivered to __________________________ (name of trustee or name of mortgagee) , as _________________ (trustee or mortgagee) his ____________________ (deed of trust or mortgage) on the real property described in that ____________________ (deed of trust or mortgage) as security for the payment of a promissory note executed and delivered by ________________________ (name of trustor or name of mortgagor) on the same day to ___________________________ (name of beneficiary or name of mortgagee) , which ______________________ (deed of trust or mortgage) was recorded in the office of _______________________ (title of official) , County of ______________________ (name of county) , State of __________________ (name of state) , on ____________________ (date of recording) , in ____________________________________________ (location of recording) . A breach of the obligation, which obligation was given to secure the ________________ (deed of trust or mortgage) , has occurred in that (description of facts pertaining to breach of obligation) ________________________________________________________________ ____________________________________________________________________________. Notice is given that the undersigned ___________________ (trustee or beneficiary or mortgagee) has elected to consider all of the principal and interest due in consequence of the above default, in accordance with the terms of the promissory note and ___________________ (deed of trust or mortgage) , and, in order to satisfy the obligation, has elected to sell, or cause to be sold, that real property described in the ________________________ (deed of trust or mortgage) as that real property at ________________________________________________ (address of property) , City of _________________ (name of city) , County of _____________ (name of county) , State of _________________ (name of state) , and more particularly described as follows: (legal description of property) ________________________________ ____________________________________________________________________________. Witness my signature this ________________ (date) . _____________________________________ ____________________________________ (Name and Office of Person Giving Notice) _____________________________________ _____________________________________ (Address of Person Giving Notice)