Common use of Release and Reconveyance Clause in Contracts

Release and Reconveyance. Upon payment of all sums secured by this Deed, including the Principal Amount and interest, the Lender will request the Trustee to reconvey the Property and must surrender this Deed and the Note evidencing debt secured by this Deed to the Trustee. The Trustee must reconvey the Property without warranty to the

Appears in 2 contracts

Sources: Trust Deed, Deed of Trust

Release and Reconveyance. Upon payment of all sums secured by this Deed, including the Principal Amount and interest, the Lender will request the Trustee to reconvey the Property and must surrender this Deed and the Note evidencing debt secured by this Deed to the Trustee. The Trustee must reconvey the Property without warranty to thereconvey

Appears in 2 contracts

Sources: Deed of Trust, Deed of Trust