Late Notice (Default Notice) Template
You can print a Late Notice that can be sent to your borrower.
You can specify the number of days the borrower has to cure the default.
The text below can also be edited and customized for your needs in the template:
If you fail to cure your default, it will result in the acceleration of the sums secured by this mortgage, foreclosure by judicial proceeding and sale of the Property. You may have the right to assert in the foreclosure proceedings the non-existence of a default or other defense to acceleration and foreclosure.