Florida - note secured by mortgage???
This is a discussion on Florida - note secured by mortgage??? within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; I have a 2nd mortgage and note on my primary residence. The lender is suing to perfect the note only ...
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Apr 6th, 2009, 12:01 PM
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Florida - note secured by mortgage???
I have a 2nd mortgage and note on my primary residence. The lender is suing to perfect the note only and has not enjoined or filed any foreclosure action. The first lender on the property has filed a lis pendens on the property. How can I ensure that the 2nd mortgage is attached to the note - i.e., is there any precedent for a lender obtaining a judgement based solely on a note when the note is secured by a mortgage?
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