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LEGAL NOTICE

BENJAMIN N. HOEN

Attorney At Law

WELTMAN, WEINBERG &

REIS CO., L.P.A.

323 W. Lakeside Avenue

Suite 200

Cleveland, Ohio 44113-1099

Telephone: 1-216-363-4000

IN THE COURT OF

COMMON PLEAS,

MAHONING COUNTY, OHIO

120 Market Street

Youngstown, Ohio 44503-1751

Case No. 05CV 3625

JUDGE: MAUREEN A. SWEENEY

HSBC BANK, USA, NATIONAL ASSOCIATION, AS INDENTURE TRUSTEE UNDER THE INDENTURE RELATING TO PEOPLE'S CHOICE HOME LOAN SECURITIES TRUST SERIES 2005-2, MORTGAGE BACKED NOTES, SERIES 2005-2

PLAINTIFF,

VS.

DEVON CANTY REED, ET AL.

DEFENDANTS.

Devon Canty Reed and Aaron Reed, whose last known place of residence is 1670 SW 6th, Warren, Ohio 44485, each of you will take notice that on the 6th day of March, 2006, the undersigned, HSBC Bank, USA, National Association, as indenture trustee under the indenture relating to People's Choice Home Loan Securities Trust Series 2005-2, mortgage backed notes, Series 2005-2, filed an Amended Complaint for Money, Foreclosure, and Other Equitable Relief in the Mahoning County Court of Common Pleas, alleging that there is due to the Plaintiff the sum of $42,483.82 plus interest at the rate of 10.700% (variable) per annum from May 1, 2005, plus late charges applicable to the terms of the Note and Mortgage, on a Promissory Note secured by a Mortgage Deed of even date conveying the following-described property, to-wit:

Situated in the City of Youngstown, County of Mahoning and State of Ohio:

And known as being the Southerly 126.2 feet of Youngstown City Lot No. 27774, according to the latest enumeration of lots in said City in Richard Jeremiahs Plat, a Subdivision of a part of Original Youngstown Township Great Lot No. 42, as shown by the recorded plat of said Subdivision in Volume 9 of Maps, Page 55 of Mahoning County Records.

Said Southerly 126.2 feet of Youngstown City Lot No. 27774 has a frontage of 50 feet on the Northerly side of Dennick Avenue and extends back therefrom a distance of 126.2 feet on the Westerly line, a distance of 126.2 feet on the Easterly line and has a rear line of 50 feet, as appears by said Plat, be the same more or less, but subject to all legal highways.

Known for street numbering purposes as 42 W. Dennick Avenue, Youngstown, Ohio

PERMANENT PARCEL NO. 53-012-357.00

The Plaintiff further alleges that by reason of the default of the Defendant obligors in the payment of said Promissory Note according to its tenor, the conditions of said Mortgage Deed have been broken and the same has become absolute.

Plaintiff prays that the Defendants named above be required to answer and set forth their interest in said real estate, or be forever barred from asserting the same, for foreclosure of said mortgage, marshalling of liens, and the sale of said real estate, and the proceeds of said sale applied to the payment of Plaintiff‘s claim in the proper order of its priority, and for such other relief as is just and equitable.

The Defendants named above are required to answer on or before the 8th day of November, 2006.

WELTMAN, WEINBERG &

REIS CO., L.P.A.

BY:  BENJAMIN N. HOEN

Attorney for Plaintiff.

Sep 6,13,20,27; Oct 4,11, 2006  06-01714