HomeMy WebLinkAbout2011-03-23 Correspondence from Dept. of Veterans Affairs STATE OF CALIFORNIA EDMUND G. BROWN JR., Governor
DEPARTMENT OF VETERANS AFFAIRS
Division of Farm and Home Purchases
Collection Unit °-r,~
P.O.Box 942895 .$�
Sacramento,CA 94295-0001
Telephone: 916-503-8356 or 800-952-5626
Fax: 916-653-2333 MAR 2 3 2011 I--
City of Arroyo Grande
C ' �D
P.O. Box 550
Arroyo Grande, CA 93421
Attn: City Clerk
RE: CONTRACT NUMBER .__ : 942235 _
-- — - -- CONTRACT-PURCHASER : _JENINGS,_ANDREW_C.—__ __ - _____
PROPERTY ADDRESS : 253 COURTLAND STREET, ARROYO GRANDE, CA 93420-6023
DOCUMENT NUMBER : 2005008688 3-o o S 00 6 9
RECORDED DATE : FEBRUARY 2, 2005
Under the provisions of the Notice of Intent to Cancel Contract which was issued on January 21, 2011, the
contract purchaser referenced above had 30 days to bring the account current or otherwise comply with the
terms of the CalVet Contract. Failure of the contract purchaser to pay the amount required or otherwise
comply with the terms of the contract will result in the cancellation of the contract. Cancellation of the
contract effectively terminates the equitable interest of the contract purchaser and of all others claiming an
interest in the property under him. -
The contract purchaser has failed to comply and the department now intends to take final action with the
issuance of a Notice of Cancellation of Contract. Since the California Department of Veterans Affairs is fee
title holder of subject property, general foreclosure action is not required to remove the equitable interest of
the contract purchaser.
In accordance with Section 344.2 of the California Code of Regulations, Title 12. Military and Veterans
Affairs, you are hereby notified that as a lienholder, you have 30 calendar days in which to begin foreclosure
or other action necessary to protect your junior lien or security interest in the property. Please immediately
notify the Foreclosure Unit of the California Department of Veterans Affairs of your intended action.
Your written response is required in this office within 30 days of the date of this letter or your interest in this
property shall be terminated and forfeited. The rights, duties and obligations of all parties claiming an
equitable interest in the property are governed by the terms of the CalVet Loan Contract, the Military and
Veterans Code of the State of California and the California Code of Regulations, Title 12. Military and
Veterans Affairs.
Rita/M. Almanza, Manager
Foreclosure Unit
HONORING CALIFORNIA'S VETERANS
F0-3208 REVISED 9/1999