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Sean, it sounds like the Wells Fargo negotiator is jerking your lawyer around (no surprise there)!
Every promissory note that a client of mine signs IS NEGOTIATED before the closing or there is no closing. And they all have been for at least 10 years.
If you're willing (as you stated) to give them a lump sum of $15K up front, they really ought to be willing to settle for about 50% ($50K) total, and have the balance of $35K payable over the 10 years at 0% interest.
That would really be a no-brainer for a second lien holder and the negotiator would be considered A HERO by their boss. Of course, it would be an acceptable outcome for you too.
Why don't you try talking directly to Wells Fargo yourself about this. Doesn't seem like your lawyer is being much of a help to you!
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