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HEFEI http://www.carolinahurricanesteamstore.com/adidas-brett-pesce-jersey , Dec. 25 (Xinhua) -- China started building its first national engineering laboratory for atmospheric environmental monitoring on Sunday in Hefei, capital of east China's Anhui Province.
 
 
Jointly launched by the Hefei government and Hefei Institute of Physical Science under the Chinese Academy of Sciences (CAS), the lab aims to develop advanced monitoring technology and equipment for the country's environmental monitoring agencies and companies.
 
 
Liu Wenqing, director of the lab, said construction will last three years.
 
 
"The national engineering lab will research and develop advanced technology and equipment related to monitoring of fine particulate matter, gaseous pollutants, volatile organic compounds and heavy metals http://www.carolinahurricanesteamstore.com/ , as well as onboard and satellite telemetry systems," said Liu.
 
 
Yan Qing, director of the Bureau of Science and Technology for Development under the CAS, said that the new lab will put China's home-grown atmospheric environmental monitoring technology into domestic and international markets.
 
 
Tackling pollution has been listed as one of "the three tough battles" that China aims to win in the next three years, according to the Central Economic Work Conference, which concluded this month.
 
 
 
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By the end of this post, you will understand foreclosure loans and process as well as how lending is going to work when it comes to foreclosures and how everything works out http://www.carolinahurricanesteamstore.com/adidas-sebastian-aho-jersey , having to do with getting financing in a foreclosure situation.  
 
 
Let me just start out by saying that these things, which we are going to talk about arenít going to work for home owners.  
 
 
If you are currently living in a home and you are in a foreclosure situation, this really isnít for you. This works only for investors or business people or anybody who is trying to acquire a property in a foreclosure type situation or who is interested in doing foreclosure investing.
 
 
First off, foreclosure is a process. When people talk about foreclosure loans, they think of it is as a single solitary event. But thatís not the case.  
 
 
What happens is, when a loan is given on a piece of real estate, there are two things that are signed. Thereís either a mortgage or a trust deed and a promissory note.  
 
 
A promissory note is the individual http://www.carolinahurricanesteamstore.com/adidas-scott-darling-jersey , who got the money is promising the individual who gave them the money that they will pay. Basically, what happens is the lender who gave the money is saying, ďWell, if you donít pay me. I want some collateral. I want something to securitize your promissory note against that, becomes a piece of real estateĒ.
 
 
What happen is, if the promise between them is broken i.e. the borrower is unable to pay the lender, then the lender has the right to start exercising the foreclosure process against the property.  
 
 
The purpose of doing this is that the lender can take back the collateral http://www.carolinahurricanesteamstore.com/adidas-rod-brind_amour-jersey , so they can sell that collateral and get their money back, which they have lent plus the interest fees.  
 
 
Thatís the whole concept of foreclosure.
 
 
But like I have said, the foreclosure is process and not a solitary event. So, the first thing that happens if the payment has been missed or if any of the terms of the note or the trust deed or mortgage has been broken , the lender has the right to say that the loan is due.
 
 
They typically send you some type of a notice to you saying you are behind on payments or you have breach the promissory note or the terms of the trust deed or mortgage.  
 
 
Then what happens at that point is that you may have an opportunity to cure that or they may not give you an opportunity to cure that.
 
 
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Some states takes 60 days to go through the entire foreclosure process and other takes 6-9 months to go through the entire process and thatís statutory, meaning i.e. something written into the laws by States.  
 
 
Once that notice is gone out, then there is that waiting period and then typically what happens is a notice of sale has been done.  
 
 
The notice of default and the notice of sale are typically recorded. It is something that you can found out in a County Recorder and so it is public information. Public meaning you have to go to county recorder to get it.
 
 
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