Amend Floor Amendment No. 1 to CSHJR 31 as follows: (1) On page 2, line 13, between "owner" and the semicolon insert "unless the lender obtains a judicial foreclosure of the lien securing the indebtedness". (2) On page 2, strike lines 14 and 15 and renumber other subsections of Section 50(a)(6) accordingly. (3) On page 7, line 25, between "SPOUSE" and the semicolon insert "UNLESS THE LENDER OBTAINS A JUDICIAL FORECLOSURE OF THE LIEN SECURING THE LOAN" (4) On page 7, strike lines 26 and 27 and renumber other subsections of Section 50(g) accordingly. (5) On page 9, strike line 27 and on page 10, strike lines 1 through 7 and insert the following: (h) On default by the borrower under an extension of credit under subsection (a)(6) of this Section, the holder of the loan may not seek recourse against the assets of the borrower, other than the homestead property securing the loan, unless the holder has obtained a judicial foreclosure of the lien securing the loan in a district court of the county in which the homestead property is located. If the holder elects to sell the homestead property under a power of sale conferred by a deed of trust or other contract lien rather than obtain a judicial foreclosure of the lien, the holder shall send the borrower written notice of default by certified mail. The holder may not give notice of the sale required by statute until the borrower is given at least 30 days after receiving the notice to cure the default, including the day on which the notice is given and the day notice of the sale is given as required by statute. (i) Subsection (a)(6) and Subsections (e)-(h) of this section are not severable, and none of those provisions would have been enacted without the others. If any of those provisions is held to be preempted by the laws of the United States, all of those provisions are invalid. This subsection shall not apply to any lien or extension of credit made after January 1, 1998 and before the date any provisions under Subsection (a)(6) or Subsections (e)-(h) is held to be preempted.