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| | 10000HB0471ham003 | - 2 - | LRB100 06006 KTG 25416 a |
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| 1 | | 13 years or upwards who is residing on or in possession of the |
| 2 | | premises; or (3) sending a copy of the notice to the tenant or |
| 3 | | other known lawful occupant by first-class mail. |
| 4 | | (b) After being served a foreclosure complaint under |
| 5 | | Section 15-1504, a mortgagor of residential real estate must |
| 6 | | provide all prospective tenants with a written notice that the |
| 7 | | property is subject to a foreclosure action. A copy of the |
| 8 | | notice may be contained in the lease agreement or as an |
| 9 | | additional and separate disclosure document, and it shall be |
| 10 | | delivered to the prospective tenant or sent to the prospective |
| 11 | | tenant by first-class mail. |
| 12 | | (c) The notice to current or prospective tenants and other |
| 13 | | known lawful occupants may be in substantially the following |
| 14 | | form: |
| 15 | | NOTICE OF FORECLOSURE TO ANY TENANT OR OTHER LAWFUL OCCUPANT |
| 16 | | A LAWSUIT HAS BEEN FILED TO FORECLOSE ON THIS PROPERTY. AS |
| 17 | | TENANTS OR LAWFUL OCCUPANTS, YOU HAVE THE RIGHT TO LIVE IN THE |
| 18 | | HOME OR DWELLING UNIT IN ACCORDANCE WITH YOUR LEASE AGREEMENT |
| 19 | | OR OCCUPANCY ARRANGEMENT UNTIL A JUDGE ENTERS AN ORDER FOR |
| 20 | | POSSESSION. THIS IS NOT A NOTICE TO VACATE THE PREMISES. YOU |
| 21 | | MAY WISH TO CONTACT A LAWYER OR YOUR LOCAL LEGAL AID OR HOUSING |
| 22 | | COUNSELING AGENCY TO DISCUSS ANY RIGHTS THAT YOU MAY HAVE.".
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