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51.002(d) However any settlement on the contraryhttps://www.property-net-malaga.com the mortgage servicer of the debt shall serve a debtor in default underneath a deed of belief or other contract lien on actual property used as the debtor’s residence with written discover by certified mail stating that the debtor is in default beneath the deed of belief or other contract lien and giving the debtor at the least 20 days to cure the default before notice of sale may be given under Subsection (b).
C.R.S. § 38-39-207 supplies that the lien created by any instrument (including deeds of belief) are extinguished at the same time that the suitable to commence a swimsuit to enforce cost of the indebtedness secured by the lien is barred by any statute of limitation in the state.
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