STG Consent to Foreclosure-FDIC 1992

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STG Consent to Foreclosure-FDIC 1992

Form Document
03/14/2006
V 1

CONSENT TO FORECLOSURE


(FDIC)

In accordance with its rights pursuant to 12 U.S.C. §1825 (b)(2) and 28 U.S.C §2410 (c), the FEDERAL DEPOSIT INSURANCE CORPORATION ("FDIC"), in its capacity as [insert capacity] does hereby consent to foreclosures by ____________________ ("Lienholder"), pursuant to that certain lien dated _____________________________ , and recorded at __________ [city/county], among the land records in ___________________________ [state], which encumbers certain real property more particularly described in Exhibit "A" attached to and incorporated in this Consent (the "Property").

This Consent is limited to the consent to foreclosure set forth above pursuant to the provision of 12 U.S.C. §1825 (b)(2) and 28 U.S.C. §2410 (c), only in connection with the above-described foreclosure action. This Consent does not affect the rights of the FDIC, in any capacity, pursuant to any other applicable law (including local foreclosure statutes) or with respect to (i) any note, indebtedness, claim or other obligation ("Obligation") which has been secured by the Property or (ii) the terms of any mortgage, guaranty, or agreement or other document relating to any Obligation.

FEDERAL DEPOSIT INSURANCE CORPORATION, as

[insert capacity]

By: _________________________________

Print Name: _________________________
Title

or Capacity __________________________

[ADD APPROPRIATE NOTARIAL ACKNOWLEDGEMENT]

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