Final answer:
Courtney needs to review the notice, contact the lender or trustee for resolution steps, complete necessary paperwork, make payments to remedy the default, and maintain records of all actions taken.
Step-by-step explanation:
When a notice of default is filed in relation to a trust deed, it typically indicates that the borrower has not kept up with the mortgage payments as agreed, and the lender seeks to foreclose on the property. To bring the paperwork of the trust deed up to date after the filing of a notice of default, Courtney, likely acting as either the borrower, trustee, or a representative of the lender, needs to do the following:
- Review the notice of default to understand the specific reasons for the default and the timeframe given for curing the default.
- Contact the lending institution, or their designated Trustee, to determine what payments, penalties, or other actions are necessary to cure the default and stop the foreclosure process.
- Obtain and fill out any required paperwork provided by the lending institution to remedy the default.
- Make the necessary payment, including any late fees or legal expenses that have accrued.
- Keep records of all communications and transactions made to resolve the default.
It is important that Courtney act promptly and follow the precise instructions from the lender to ensure that the default is rectified and the trust deed remains valid. Consulting with a legal professional can offer additional guidance throughout this process.