<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=us-ascii"><meta name=Generator content="Microsoft Word 15 (filtered medium)"><style><!--
/* Font Definitions */
@font-face
        {font-family:"Cambria Math";
        panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
        {font-family:Calibri;
        panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
        {font-family:Garamond;
        panose-1:2 2 4 4 3 3 1 1 8 3;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
        {margin:0in;
        margin-bottom:.0001pt;
        font-size:12.0pt;
        font-family:"Times New Roman",serif;}
a:link, span.MsoHyperlink
        {mso-style-priority:99;
        color:#0563C1;
        text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
        {mso-style-priority:99;
        color:#954F72;
        text-decoration:underline;}
p
        {mso-style-priority:99;
        margin:0in;
        margin-bottom:.0001pt;
        font-size:12.0pt;
        font-family:"Times New Roman",serif;}
span.EmailStyle18
        {mso-style-type:personal-reply;
        font-family:"Calibri",sans-serif;
        color:#1F497D;}
.MsoChpDefault
        {mso-style-type:export-only;
        font-size:10.0pt;}
@page WordSection1
        {size:8.5in 11.0in;
        margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
        {page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>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.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>Tom Stuen<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'> wsbapt-bounces@lists.wsbarppt.com [mailto:wsbapt-bounces@lists.wsbarppt.com] <b>On Behalf Of </b>jeffrey winter<br><b>Sent:</b> Saturday, March 05, 2016 2:46 PM<br><b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br><b>Subject:</b> [WSBAPT] Second Deed of Trust<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><div id=divtagdefaultwrapper><p style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'>Listmates (at least those of you working on a Saturday):<o:p></o:p></span></p><p style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'><o:p> </o:p></span></p><p style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'>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.<o:p></o:p></span></p><p style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'><o:p> </o:p></span></p><p style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'>Has anyone ever experienced a senior secured party threatening acceleration based upon the filing of a junior instrument?<o:p></o:p></span></p><p style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'><o:p> </o:p></span></p><p style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'>Thanks in advance for your comments...<o:p></o:p></span></p><p style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'><o:p> </o:p></span></p><p style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;background:white'><b><span style='font-family:"Garamond",serif;color:#0070C0'>Jeffrey D. Winter</span></b><span style='color:black'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><b><span style='font-family:"Garamond",serif;color:#0070C0'>Law Office of Jeffrey D. Winter, P.S.<br></span></b><span style='font-family:"Garamond",serif;color:#0070C0'>604 North Main Street</span><span style='font-size:10.0pt;font-family:"Garamond",serif;color:#0070C0'><br></span><span style='font-family:"Garamond",serif;color:#0070C0'>Ellensburg, WA 98926</span><span style='font-size:10.0pt;font-family:"Garamond",serif;color:#0070C0'><br></span><span style='font-family:"Garamond",serif;color:#0070C0'>(509) 925-9600 tel.</span><span style='font-size:10.0pt;font-family:"Garamond",serif;color:#0070C0'><br></span><span style='font-family:"Garamond",serif;color:#0070C0'>(509) 925-9606 fax</span><span style='color:black'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Calibri",sans-serif;color:black'><o:p> </o:p></span></p></div></div></body></html>