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<p>Hi Nestor, I am always a little nervous about just doing the
note extension. I do a boot and suspenders approach which I
learned as a lender's counsel years ago. I always do a
modification of deed of trust together with the note modification
agreement, record the deed of trust modification and obtain an
endorsement from the title company. It is a small price to pay to
make sure your client does not have to worry about someone leap
frogging ahead of him in priority and lets. Just my 2 cents.</p>
<p>Thanks, Shaun<br>
</p>
<div class="moz-signature"><b><i> Ms. Shaun Watchie Perry | Attorney
at Law <br>
Law Office of Shaun Watchie Perry
<br>
1325 Fourth Avenue, Suite 940 | Seattle, WA 98101
<br>
Tel +206.729.7442 | Fax + 206.260.1411 | <a class="moz-txt-link-abbreviated" href="http://www.swp-law.com">www.swp-law.com</a></i></b>
<p>This e-mail is intended only for the use of the individual or
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If you receive this communication in error, please call
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<div class="moz-cite-prefix">On 12/23/2020 8:28 AM, Craig Sjostrom
wrote:<br>
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<p class="MsoNormal">If the DOT secures the note and extensions
(they usually do), then just do an extension agreement on the
note and leave the DOT alone. Not only do you save the
recording, but you keep the priority of the original DOT.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Craig<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><span style="color:black">> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">> Law Office
of Craig Sjostrom, 1204 Cleveland Ave., Mount Vernon, WA
98273 Phone (360) 848-0339 Fax (360) 336-3488 email <a
href="mailto:cdsjostrom@comcast.net"
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><b>From:</b>
<a class="moz-txt-link-abbreviated" href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a>
<a class="moz-txt-link-rfc2396E" href="mailto:wsbarp-bounces@lists.wsbarppt.com"><wsbarp-bounces@lists.wsbarppt.com></a> <b>On Behalf Of
</b><a class="moz-txt-link-abbreviated" href="mailto:nestor@pplsweb.com">nestor@pplsweb.com</a><br>
<b>Sent:</b> Wednesday, December 23, 2020 8:17 AM<br>
<b>To:</b> 'WSBA Real Property Listserv'
<a class="moz-txt-link-rfc2396E" href="mailto:wsbarp@lists.wsbarppt.com"><wsbarp@lists.wsbarppt.com></a><br>
<b>Subject:</b> [WSBARP] Extension of Note and Deed of
Trust<o:p></o:p></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Client has a note and DT that expires and
is allowing an extension. The note and deed of trust on its
face says due date of 1/1/21. Is it best to do a new renewal
note and a new Renewal Deed of Trust and record the same?<o:p></o:p></p>
<p class="MsoNormal">Client wants to save the $$ and not record
a renewal DT.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:black">Nestor Gorfinkel,
Attorney at Law<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Licensed in
Florida & Washington<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Florida Civil-Law
(International) Notary<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
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