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The Lost Note Affidavit Form Foreclosure in Orange is a legal document used when a promissory note has been lost, specifically in the context of a foreclosure. This form allows an individual, known as the Affiant, to declare under oath that the original promissory note is unavailable while providing vital details about the note, such as the amount, interest rate, and parties involved. It includes sections for asserting the current holder of the note and outlining the indemnification of any parties relying on the affidavit against double payment. For attorneys, partners, and legal assistants, this form is crucial in moving forward with foreclosure proceedings when the original note cannot be produced. Paralegals and associates will find the guide on filling out this form beneficial, particularly the requirement for notarization and witness signatures. The form emphasizes the importance of accuracy, as any discrepancies may affect the foreclosure process. Its clear structure aids users in providing necessary details while ensuring clarity and legal compliance.
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