[WSBAPT] Second Deed of Trust

[jeffrey winter]

Thank you, Tom.


I don't think a default will be an issue here, but just wanted to be sure I wasn't triggering something.


Jeff.



________________________________
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> on behalf of Tom Stuen <tomstuen at comcast.net>
Sent: Sunday, March 6, 2016 12:32 AM
To: 'WSBA Probate & Trust Listserv'
Subject: Re: [WSBAPT] Second Deed of Trust


Jeffery:  It has not been a problem in my cases.  I have not seen a senior deed of trust which provided that the filing of a second was a basis for acceleration.  But yours could say that.  And maybe my seniors were not paying attention.

Tom Stuen



From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of jeffrey winter
Sent: Saturday, March 05, 2016 2:46 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Second Deed of Trust



Listmates (at least those of you working on a Saturday):



I am preparing a Second Deed of Trust for a client.  I understand that it will be junior to the underlying financing that was secured by the primary Deed of Trust, but am still nervous about triggering anything adverse when I record the Second.



Has anyone ever experienced a senior secured party threatening acceleration based upon the filing of a junior instrument?



Thanks in advance for your comments...





Jeffrey D. Winter

Law Office of Jeffrey D. Winter, P.S.
604 North Main Street
Ellensburg, WA 98926
(509) 925-9600 tel.
(509) 925-9606 fax


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