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FEB, 10, 2015 11 : 31AM CHICAGO_TITLE N0. 2621 P. 2 <br /> Date: February 10, 2015 <br /> Order No.: FSST-5351500307 <br /> Demand Request Sent On: February 10, 2015 <br /> Demand Due Date: March 3, 2015 <br /> IMPORTANT NOTICE <br /> Please be advised that you may be subject to damages and Three Hundred Dollars ($300) if you fail to <br /> provide a written demand within twenty-one (21) days after receipt of written request for said demand by <br /> an entitled person. <br /> Please be advised of the following. <br /> California Civil code 2943.5 (b) (1) states: <br /> A beneficiary, or his or her authorized agent, shall, within twenty-one (21) days of the receipt of a written <br /> demand by an entitled person or his or her authorized agent, prepare and deliver to the person demanding it a <br /> true, correct, and complete copy of the note or other evidence of indebtedness with any modification thereto, <br /> and a beneficiary statement, <br /> 2943.5 (c) in part, states: <br /> A beneficiary, or his or her authorized agent, shall, on the written demand of an entitled person, or his or her <br /> authorized agent, prepare and deliver a payoff demand statement to the person demanding it within <br /> twenty-one (21) days of the receipt of the demand. <br /> 2943. (e) (4) in its entirety states: <br /> If a beneficiary for a period of twenty-one (21) days after receipt of the written demand willfully fails to prepare <br /> and deliver the statement, he or she is liable to the entitled person for all damages which he or she may <br /> sustain by reason of the refusal and, whether or not actual damages are sustained, he or she shall forfeit to <br /> the entitled person the sum of Three Hundred Dollars ($300). Each failure to prepare and deliver the <br /> statement, occurring at a time when, pursuant to this section the beneficiary is required to prepare and deliver <br /> the statement, creates a separate cause of action, but a judgment awarding an entitled person a forfeiture, or <br /> damages and forfeiture, for any failure to prepare and deliver a statement bars recovery of damages and <br /> forfeiture for any other failure to prepare and deliver a statement, with respect to the same obligation, in <br /> compliance with a demand therefore made within six months before or after the demand as to which the <br /> award was made. For the purposes of this subdivision, "willfully" means an intentional failure to comply with <br /> the requirements of this section without just cause or excuse. <br /> Printed: 02.10.15 @ 11:24AM by KM <br /> Demand for Lien Page 2 CA-CT-FSST-02180.054536-FSST-535150007 <br /> SCA0000094.doc/Updated: 07.05.12 9 <br /> Received Time Feb. 10. 2015 11 : 33AM No. 0653 <br />