A beneficiary/Lender shall present to LFS the following documents in order to commence a non-judicial foreclosure:
- Evidence of Debt: Original Promissory Note, or surety bond in the even of lost note;
- Security Instrument: Deed of Trust, All-inclusive Deed of Trust, or Land Purchase Contract, Assignment of Deed of Trust;
- Any modifications to Note and Deed of Trust, if applicable;
- Guaranty and/or Continued Guaranty, if applicable;
- Records of payment received;
- Security Agreement and UCC filings, if applicable;
- Copy of cancelled checks and any advances made to pay tax, insurance or senior liens, and legal expenses;
- Copy of balloon payment notice and demand letters required by the loan documents;
- Request to Prepare Notice of Default;
- Substitution of Trustee; and
- Evidence of compliance with California Homeowner’s Bill of Rights, of applicable.