Notice of Default - With Substitution of Trustee (California Civil Code §2924c) - IMPORTANT NOTICE

Sep 16, 2026

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The document provides an official notice of default for foreclosure proceedings in California, including mandatory warnings and reinstatement information. It explains that a property behind on payments may be sold without court action, outlines the typical reinstatement timeline, and describes ongoing obligations such as insurance and taxes during foreclosure. It also includes the deed of trust details, beneficiary appointment of a trustee, default description, and instructions to contact appropriate parties to determine the amount due or stop the sale.

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Pages3

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NOTICE OF DEFAULT

IMPORTANT NOTICE

Property and Deed of Trust Details

Declaration of Default and Demand for Sale

RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO Name Street Address City & State SPACE ABOVE THIS LINE FOR RECORDER'S USE NOTICE OF DEFAULT With Substitution of Trustee (California Civil Code §2924c) NOTE: THERE IS A SUMMARY OF THE INFORMATION IN THIS DOCUMENT ATTACHED 注：本文件包含一个信息摘要 참고사항: 본 첨부 문서에 정보 요약서가 있습니다 NOTA: SEADJUNTA UN RESUMEN DE LA INFORMACIÓN DE ESTE DOCUMENTOTALA: MAYROONG BUOD NG IMPORMASYON SA DOKUMENTONG ITO NA NAKALAKIPLƯU Ý: KÈM THEO ĐÂY LÀ BẢN TRÌNH BÀY TÓM LƯỢCVỀ THÔNG TIN TRONG TÀI LIỆU NÀY IMPORTANT NOTICE IF YOUR PROPERTY IS IN FORECLOSURE BECAUSE YOU ARE BEHIND IN YOUR PAYMENTS, IT MAY BE SOLD WITHOUT ANY COURT ACTION, and you may have the legal right to bring your account in good standing by paying all of your past due payments plus permitted costs and expenses within the time permitted by law for reinstatement of your account, which is normally five business days prior to the date set for the sale of your property. No sale date may be set until three months from the date this notice of default may be recorded (which date of recordation appears on this notice) . This amount is $ as of , 20 , and will increase until your account becomes current. While your property is in foreclosure, you still must pay other obligations (such as insurance and taxes) required by your note and deed of trust or mortgage. If you fail to make future payments on the loan, pay taxes on the property, provide insurance on the property, or pay other obligations as required in the note and deed of trust or mortgage, the beneficiary or mortgagee may insist that you do so in order to reinstate your account in good standing. In addition, the beneficiary or mortgagee may require as a condition to reinstatement that you provide reliable written evidence that you paid all senior liens, property taxes, and hazard insurance premiums. Upon your written request, the beneficiary or mortgagee will give you a written itemization of the entire amount you must pay. You may not have to pay the entire unpaid portion of your account, even though full payment was demanded, but you must pay all amounts in default atthe time payment is made. However, you and your beneficiary or mortgagee may mutually agree in writing prior to the time the notice of sale is posted (which may not be earlier than the end of the three-month period stated above) to, among other things,(1) provide additional time in which to cure the default by transfer of the property or otherwise; or (2) establish a schedule of payments in order to cure your default; or both (1) and (2) . Following the expiration of the time period referred to in the first paragraph of this notice, unless the obligation being foreclosed upon or a separate written agreement between you and your creditor permits a longer period, you have only the legal right to stop the sale of your property by paying the entire amount demanded by your creditor. -------------------------------------------------------------PAGE 1 OF 3—FORM 471----------------------------------------------------------- -------------------------------------------------------------PAGE 2 OF 3—FORM 471----------------------------------------------------------- To find out the amount you must pay, or to arrange for payment to stop the foreclosure, or if your property is in foreclosure for any other reason, contact: ___________________________________________________ | (Name of Beneficiary or Mortgagee) | | --- | | (Mailing address) | (Telephone) Pursuant to California Civil Code §2923.5, Beneficiary: 􀌆 has contacted Owner and discussed avenues for refinance. 􀌆 is unable to contact Owner after a due diligence effort. 􀌆 is not required to contact Owner since Beneficiary's record does not show the trust deed is secured by an owner-occupied, one-to-four unit primary residence. If you have any questions, you should contact a lawyer or the governmental agency which may have insured your loan.

FAQs

What rights and timelines are mentioned for reinstating an account during foreclosure?

The notice states that reinstatement may be available by paying past-due payments plus permitted costs and expenses within the time allowed by law, normally referenced as five business days prior to the scheduled sale date. It also describes limits around when sale dates can be set after recordation.

What ongoing obligations must be paid while the property is in foreclosure?

Even during foreclosure, the notice states the borrower must pay other required obligations such as insurance and taxes under the note and deed of trust or mortgage. Failure to make required future payments and related obligations may prompt the beneficiary or mortgagee to insist on them for reinstatement.

How is the beneficiary and trustee relationship described in the notice?

The notice includes deed of trust information securing obligations, identifies the beneficial interest holder as the undersigned beneficiary, and states that the beneficiary appoints a trustee under the deed of trust to carry out the sale process after default.

Sep 16, 2026

Upload by Dozel