Mineral Leases, Eminent Domain and Forced Pooling Leave Mortgage Holders Liable

As this letter from a mortgage lender to their customer clearly states:

Uniform Deeds of Trust, used by most mortgages, defaulted when minerals leased or Rights-of-Way sold or taken by Eminent Domain and Forced Pooling.

Payment in full may be collected by the lender from proceeds.

PNC Letter to Customer


About steventodd

Both parties are broken by big money...what to do? I'm a dad, husband, son, taxpayer, voter, civil engineer, reporter, blogger, rabble-rouser and honest guy.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s