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Current as of January 01, 2024 | Updated by Findlaw Staff
A secondary mortgage loan contract may provide for:
(1) reasonable fees or charges paid to the trustee in connection with a deed of trust or similar instrument executed in connection with the secondary mortgage loan, including fees for enforcing the lien against or posting for sale, selling, or releasing the property secured by the deed of trust;
(2) reasonable fees paid to an attorney who is not an employee of the creditor in the collection of a delinquent secondary mortgage loan; or
(3) court costs and fees incurred in the collection of the loan or foreclosure of a lien created by the loan.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 342.307. Amounts Authorized to be Included in Contract - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-342-307/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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