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

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 reconveyreconvey 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

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 reconveyreconvey 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 person or persons legally entitled to it. Such person or persons will pay any recordation