80980 Vista Del Mar - Notice of DefaultRECORDING REQUESTED BY:
Vylla Title LLC
Prestige Default Services, LLC
AND WHEN RECORDED MAIL TO:
Prestige Default Services, LLC
1920 Old Tustin Ave.
Santa Ana, California 92705
Phone: 949-427-2010
TS No.: 25-16269 Loan No.: ******1865
Order# 101-10765811
DOC # 2026-0291170
09/23/2025 10:32 AM Fees: $113.00
Page 1 of 5
Recorded in Official Records
County of Riverside
Peter Aldana
Assessor -County Clerk -Recorder
**This document was electronically submitted
to the County of Riverside for recording**
Receipted by: ANGELENE #868
WACEABOVETHIS LINE FOR RECOOWR S l"SL
APN: 777-020-019
IMPORTANT NOTICE
NOTICE OF DEFAULT AND ELECTION TO SELL UNDER DEED OF
TRUST
NOTE: THERE IS A SUMMARY OF THE INFORMATION IN THIS DOCUMENT ATTACHED
NOTA: SE ADJUNTA UN RESUMEN DE LA INFORMACION DE ESTE DOCUMENTO
TALA: MAYROONG BUOD NG IMPORMASYON SA DOKUMENTONG ITO NA NAKALAKIP
LIPU 1(: KtM THEO DRY LA BAN TRINH BAY TOM LU'QC V� THONG TIN TRONG TAI LIeU NAY
[PURSUANT TO CIVIL CODE § 2923.3(a), THE SUMMARY OF INFORMATION REFERRED TO
BELOW IS NOT ATTACHED TO THE RECORDED COPY OF THIS DOCUMENT BUT ONLY TO THE
COPIES PROVIDED TO THE TRUSTORI
IF YOUR PROPERTY IS IN FORECLOSURE BECAUSE YOU ARE
BEHIND IN YOUR PAYMENTS IT MAY BE SOLD WITHOUT ANY
COURT ACTION, and you may have the legal right to bring your account in good standing
by paying all of your past due payments plus permitted costs and expenses within the time
permitted by law for reinstatement of your account, which is normally five business days prior to
the date set for the sale of your property. No sale date may be set until approximately 90 days
from the date this notice of default may be recorded (which date of recordation appears on this
notice).
This amount is $220,155.77 as of 9/20/2025, and will increase until your account becomes
current.
While your property is in foreclosure, you still must pay other obligations (such as insurance and
taxes) required by your note and deed of trust or mortgage. If you fail to make future payments
on the loan, pay taxes on the property, provide insurance on the property, or pay other obligations
as required in the note and deed of trust or mortgage, the beneficiary or mortgagee may insist
that you do so in order to reinstate your account in good standing. In addition, the beneficiary or
mortgagee may require as a condition of reinstatement that you provide reliable written evidence
that you paid all senior liens, property taxes, and hazard insurance premiums.
DOC #2025-0291170 Page 2 of 5
TS No.: 25-16269 Loan No.: ******1865
NOTICE OF DEFAULT AND ELECTION TO SELL UNDER DEED OF TRUST
Upon your written request, the beneficiary or mortgagee will give you a written itemization of
the entire amount you must pay. You may not have to pay the entire unpaid portion of your
account, even though full payment was demanded, but you must pay all amounts in default at the
time payment is made. I lowever, you and vour beneficiary or mortgagee may mutually agree in
writing prior to the time the notice of sale is posted (which may not be earlier than three months
after this notice of default is recorded) to, among other things. (1) provide additional time in
which to cure the default by transfer of the property or otherwise; or (2) establish a schedule of
payments in order to cure your default; or both (1) and (2).
Following the expiration of the time period referred to in the first paragraph of this notice, unless
the obligation being foreclosed upon or a separate written agreement between you and your
creditor permits a longer period, you have only the legal right to stop the sale of your property by
paying the entire amount demanded by your creditor.
To find out the amount you must pay, or to arrange for payment to stop the foreclosure, or if
your property is in foreclosure for any other reason, contact:
Amwest Funding Corp
c/o AmWest Funding Corp
6 Pointe Dr #300
Brea, CA 92821
Telephone: (714) 831-3333
If you have any questions, you should contact a lawyer or the governmental agency which
may have insured your loan. Notwithstanding the fact that your property is in foreclosure,
you may offer your property for sale provided the sale is concluded prior to the conclusion
of the foreclosure.
Remember, YOU MAY LOSE LEGAL RIGHTS IF YOU DO NOT TAKE
PROMPT ACTION. NOTICE IS HEREBY GIVEN: That Prestige Default Services,
LLC is either the original trustee, the duly appointed substituted trustee, or acting as agent for
the trustee or beneficiary under a Deed of Trust dated 9/15/2022, executed by Georgy
Karibyants, a single man, as Trustor, to secure certain obligations in favor of MORTGAGE
ELECTRONIC REGISTRATION SYSTEMS, INC. ("MERS"), AS BENEFICIARY, AS
NOMINEE FOR AMWEST FUNDING CORP ITS SUCCESSORS AND ASSIGNS, as
beneficiary, recorded 9/22/2022, as Instrument No. 2022-0403953, of Official Records in the
Office of the Recorder of Riverside County, California describing land therein as:
As more fully described in said Deed of Trust
Said obligations include 1 NOTE(S) FOR THE ORIGINAL sum of $2,450,000.00, that the
beneficial interest under such Deed of Trust and the obligations secured thereby are presently
held by AmWest Funding Corp, the Beneficiary; that a breach of, and default in, the
obligations for which such Deed of Trust is security has occurred in that payment has not been
made of.
The installment of principal and interest and escrow amounts, if applicable, which became
due on 2/1/2025, and all subsequent installments of principal and interest and escrow
amounts through the date of this Notice, plus amounts that are due for late charges,
delinquent property taxes, insurance premium, advances made on senior liens, taxes and/or
insurance, trustee's fees, and any attorney fees and court costs arising from or associated
with the beneficiaries efforts to protect the preserve its security, all of which must be paid
DOC #2025-0291170 Page 3 of 5
TS No.: 25-16269 Loan No.: ******1865
NOTICE OF DEFAULT AND ELECTION TO SELL UNDER DEED OF TRUST
as a condition of reinstatement including all sums that shall accrue through reinstatement
or payoff.
Nothing in this Notice of Default should be construed as a waiver of any fees or other amounts
owing to the Beneficiary pursuant to the terms of the loan documents.
That by reason thereof, the present beneficiary under such deed of trust, has executed and
delivered to said duly appointed Trustee, a written Declaration of Default and Demand for Sale,
and has deposited with said duly appointed Trustee, such deed of trust and all documents
evidencing obligations secured thereby, and has declared and does hereby declare all sums
secured thereby immediately due and payable and has elected and does hereby elect to cause the
trust property to be sold to satisfy the obligations secured thereby.
Pursuant to the attached Declaration, the mortgage servicer declares that it has contacted the
borrower, tried with due diligence to contact the borrower as required by California Civil Code §
2923.55 or § 2923.5, or is otherwise exempt from the requirements of § 2923.55 and § 2923.5.
If you have previously been discharged through bankruptcy, you may have been released of
personal liability for this loan in which case this letter is intended to exercise the note holders
right's against the real property.
Dated: 9/20/2025
Prestigeefa_ ult Services, LLC
BY: Y�
reclosuW Coordinator
Prestige Default Services, LLC MAY BE CONSIDERED A DEBT COLLECTOR AND ANY
INFORMATION WILL BE USED FOR THAT PURPOSE.
A
DOC #2025-0291170 Page 4 of 5
BENEFICIARY DECLARATION OF COMPLIANCE WITH (OR EXCEPTION FROM) CIVIL CODE
SECTION 2923.5 AND AUTHORIZATION OF AGENT (FOR NOTICE OF DEFAULT)
Prestige Default Services, LLC
1920 Old Tustin Ave.
Santa Ana, California 92705
• Borrower:
Georgy Karibyants, a single man
• Beneficiary:
Amwest Funding Corp
• Property:
80980 Vista Del Mar
La Quinta, California 92253
• Loan No:
******1865
• TS No:
25-16269
The undersigned beneficiary, or authorized agent for the beneficiary, hereby represents and
declares:
[ ] The beneficiary or beneficiary's authorized agent has contacted the borrower pursuant
to, and has complied with, Civil Code Section 2923.5(a) (contact provision to "assess the
borrower's financial situation and explore options for the borrower to avoid foreclosure").
State the date "contact" with the borrower(s) was accomplished pursuant to Civil Code
Section 2923.5(a)(2): . 20
[ x] The beneficiary or beneficiary's authorized agent has exercised due diligence to contact
the borrower as required by California Civil Code Section 2923.5(e) and, after waiting two (2)
weeks after the telephone call requirements of Civil Code 2923.5(e)(2)(A) were satisfied, the
beneficiary or the beneficiary's authorized agent sent to the borrower(s), by certified mail,
return receipt requested, the letter required by Civil Code Section 2923.5(e)(3), which was
mailed on 5/21 .2Q25 . (Date of mailing)
[ ] Pursuant to Civil Code Section 2920.5(c)(2)(A), the borrower has surrendered the secured
property as evidenced by either a letter confirming the surrender or by delivery of the keys to
the secured property to the beneficiary, the beneficiary's authorized agent or to the trustee.
The surrender letter was received on (date); the keys were received on
. (date).
[ ] Pursuant to Civil Code Section 2920.5(c)(2)(B), the beneficiary or beneficiary's authorized
agent has evidence in its file, and reasonably believes, that the borrower has contracted with
an organization, person, or entity whose primary business is advising people who have
decided to leave their homes on how to extend the foreclosure process and to avoid their
contractual obligations to beneficiaries.
[ ] Pursuant to Civil Code Section 2920.5(c)(2)(C), the beneficiary or beneficiary's authorized
agent has verified information that on or before the date of this declaration, the borrower(s)
has filed for bankruptcy and the proceedings have not been finalized. "Finalized" is not
DOC #2025-0291170 Page 5 of 5
defined by 2920.5(c)(2)(C). For purposes of this Code section, trustee, foreclosure agent
and/or their authorized agent define the term as either (1) an order entered on the court's
docket closing the file by the court; or (2) an order entered on the court's docket dismissing
the bankruptcy case. if the beneficiary or the beneficiary's agent interprets "finalized" in
another manner, please state the basis upon which the beneficiary believes that the
bankruptcy has not been
"finalized":
[ ] The provisions of Civil Code 2923.5 do not apply, because [ ] the property is NOT THE
BORROWER'S PRINCIPAL RESIDENCE; or [ ] the property is COMMERCIAL PROPERTY.
[ ] The loan is not secured by a first mortgage or first deed of trust that encumbers real
property described in Civil Code Section 2924.15(a)
[ ] The requirements of Cal. Civil Code §2923.55 do not apply because the loan is not
secured by a first lien mortgage or first deed of trust that secures a loan, or that encumbers
real property, described in Civil Code § 2924.15(a).
[ ] Pursuant to California Civil Code §3273.10 the mortgage servicer declares it has denied a
forbearance request, during the effective time period of 9-1-2020 and 4-1-2021. A copy of the
written denial notice(s) is attached. A forbearance [ ] was [ ] was not subsequently
provided.
Pursuant to California Civil Code 2923.5(2)(b) the mortgage servicer declares it has notified
the borrower during the initial contact required pursuant to 2923.5(2) subparagraph (A) that
a third party, such as a family member, HUD -certified housing counselor, or attorney, may
record a request to receive copies of any notice of default and notice of sale pursuant to the
process described in Section 2924b and that receiving a copy of these documents may allow
the third party to assist the borrower in avoiding foreclosure. [ A Compliance met [ ] 2923.5
does not apply as stated above.
The undersigned authorized the trustee, foreclosure agent and/or their authorized agent to
sign, on behalf of the beneficiary/authorized agent, the notice of default containing the
declaration required pursuant to Civil Code Section 2923.5(b).
I declare under penalty of perjury under the laws of the State of California that the foregoing
is true and correct.
c_
Amwest Funding Corp
Dated: M ( ,LO15
By:
Print Name: Cynthia Park
Its: SVP - Loan Servicing