Utah: Can 2nd TD PML go 4 assets - 4closure of 1st

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Posted by Abdenour Achab on November 18, 2009 at 21:03:10:

Hi,

In Utah, can the holder of a 2rd Trust Deed/Promissory
Note, created as a purchase money loan, go after the
assets of the payor after a non judicial sale by the
1st Trust Deed ?

In case that makes any difference, the property is
commercial (a one person real estate brokerage office).

I have 36 hours (= one business day) to find out, so I
may not be able to talk to a good lawyer within my time
restriction (I am in California - don't even know any
good lawyer in Utah).

Abdenour



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