Senate Amendment 3077 PAG LIN 1 1 Amend Senate File 364 as follows: 1 2 #1. Page 3, line 28, by inserting after the word 1 3 <person> the following: <or the person's attorney>. 1 4 #2. Page 4, line 15, by striking the words 1 5 <commencing an action> and inserting the following: 1 6 <filing a petition>. 1 7 #3. Page 8, line 1, by inserting after the word 1 8 <filed.> the following: <Except as otherwise provided 1 9 in this section, the filing of a rescision shall 1 10 operate as a setting aside of the decree of 1 11 foreclosure and a dismissal of the foreclosure without 1 12 prejudice, with costs assessed against the plaintiff.> 1 13 #4. Page 8, by striking lines 34 and 35 and 1 14 inserting the following: <lienholder's debt against 1 15 the mortgaged property, but, subject to the provisions 1 16 of chapter 615, shall not otherwise>. 1 17 #5. Page 10, by striking lines 12 and 13 and 1 18 inserting the following: <default. Unless, within 1 19 thirty days, the junior lienholder performs pursuant 1 20 to section 655A.5, the mortgagee may file a>. 1 21 #6. Page 10, by striking lines 29 and 30 and 1 22 inserting the following: <section 654.4B takes effect 1 23 May 1, 2009.> 1 24 #7. By renumbering as necessary. 1 25 1 26 1 27 1 28 ROBERT M. HOGG 1 29 SF 364.301 83 1 30 rh/nh/22817 1 31 1 32 1 33 1 34 1 35 1 36 1 37 1 38 1 39 1 40 1 41 1 42 1 43 1 44 1 45 1 46 1 47 1 48 1 49 1 50 -1-