Notice of Default

NOTICE OF DEFAULT
To __________________

___(address)______
____________________as trustee (or beneficiary) under that

certain deed of transfer in trust executed by ___________,

as Trustor, to ____________, as Trustee and ______________,

as beneficiary, dated _____________, recorded in Book ____,

Page ___ of official records in the office of the County

Recorder of _______ County, State of ____________, hereby

give(s) notice that a breach of the obligation for which

such transfer in trust is security has occurred, the nature

of said breach being the failure to (state each item of

default , such as the failure to pay principal, or

installments thereof, interest, taxes, insurance, etc.),

and that the Trustee (or beneficiary) elects to sell, or

cause to be sold the trust property in order to satisfy

said obligation.
(Insertion if default is curable)
NOTICE
YOU MAY HAVE THE RIGHT TO CURE THE DEFAULT DESCRIBED

HEREIN AND REINSTATE THE MORTGAGE OR DEED OF TRUST.

SECTION ______ OF THE CIVIL CODE PERMITS CERTAIN DEFAULTS

TO BE CURED UPON PAYMENT OF THE AMOUNTS REQUIRED BY THAT

SECTION WITHOUT REQUIRING PAYMENT OF THAT PORTION OF

PRINCIPAL AND INTEREST WHICH WOULD NOT BE DUE HAD NO

DEFAULT OCCURRED. WHERE REINSTATEMENT IS POSSIBLE, IF THE

DEFAULT IS NOT CURED WITHIN _______________ FOLLOWING THE

RECORDING OF THIS NOTICE, THE RIGHT OF REINSTATEMENT WILL

TERMINATE AND THE PROPERTY MAY BE SOLD.
TO DETERMINE IF REINSTATEMENT IS POSSIBLE AND THE

AMOUNT, IF ANY, NECESSARY TO CURE THE DEFAULT, CONTACT THE

BENEFICIARY OR MORTGAGEE OR THEIR SUCCESSORS IN INTEREST,

WHOSE NAME AND ADDRESS IS _________________ AT ___________

______________________________.
ANY FAILURE TO COMPLY WITH THE PROVISIONS OF THIS

SUBDIVISION SHALL NOT AFFECT THE VALIDITY OF A SALE IN

FAVOR OF A BONA FIDE PURCHASER OR THE RIGHTS OF AN

ENCUMBRANCER FOR VALUE AND WITHOUT NOTICE.
Dated: ______________

________________________

(Trustee or Beneficiary)