Senate Amendment 5232


PAG LIN




     1  1    Amend House File 2786, as amended, passed, and
     1  2 reprinted by the House, as follows:
     1  3 #1.  Page 1, by striking lines 17 through 19 and
     1  4 inserting the following:  <the receiver is or may be
     1  5 indebted shall be enforced null and void, all liens
     1  6 shall be extinguished, and no execution shall be
     1  7 issued thereon and no force or vitality given thereto
     1  8 for any purpose other than as a setoff or>.
     1  9 #2.  Page 2, line 34, by striking the word <and>.
     1 10 #3.  Page 2, line 35, by inserting after the word
     1 11 <sale> the following:  <, and by mailing a copy of the
     1 12 notice to the debtor at the debtor's last known
     1 13 address by ordinary mail>.
     1 14 #4.  Page 4, by striking line 19 and inserting the
     1 15 following:  <junior creditor shall file proof of
     1 16 service of such request for notice.>
     1 17 #5.  Page 5, line 18, by inserting after the word
     1 18 <action> the following:  <within thirty days of the
     1 19 service of notice>.
     1 20 #6.  Page 5, line 35, by inserting after the word
     1 21 <sale> the following:  <, with the written consent of
     1 22 the mortgagor>.
     1 23 #7.  Page 7, line 11, by inserting after the word
     1 24 <to> the following:  <reasonable damages and>.
     1 25 #8.  By renumbering as necessary.
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     1 28                               
     1 29 KEITH A. KREIMAN
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     1 32                               
     1 33 DAVID MILLER
     1 34 HF 2786.702 81
     1 35 rh/gg/5800
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