Common use of Satisfaction of Deed of Trust Clause in Contracts

Satisfaction of Deed of Trust. Upon full payment and performance of all the Obligations Secured, or upon satisfaction of the conditions set forth in the Loan Agreement for release of the Mortgaged Property from this Deed of Trust, then the Agent shall, promptly upon request of the Grantor, request the Trustee to reconvey the Mortgaged Property and shall surrender this Deed of Trust and evidence of satisfaction of the Obligations Secured to the Trustee. Trustee shall reconvey the Mortgaged Property without warranty to the person or persons legally entitled thereto.

Appears in 5 contracts

Samples: Security Agreement and Fixture Filing Statement (Green Plains Inc.), Security Agreement and Fixture Filing Statement (Green Plains Inc.), Security Agreement and Fixture Filing Statement (Green Plains Inc.)

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Satisfaction of Deed of Trust. Upon full payment and performance of all the Obligations Secured, or upon satisfaction of the conditions set forth in the Loan Agreement for release of the Mortgaged Trust Property from this Deed of Trust, then the Agent shall, promptly upon request of the Grantor, request the Trustee to reconvey the Mortgaged Trust Property and shall surrender this Deed of Trust and evidence of satisfaction of the Obligations Secured to the Trustee. Trustee shall reconvey the Mortgaged Trust Property without warranty to the tot person or persons legally entitled thereto.

Appears in 4 contracts

Samples: Security Agreement and Fixture Filing Statement (Green Plains Inc.), Green Plains Inc., Green Plains Inc.

Satisfaction of Deed of Trust. Upon full payment and performance of all the Obligations Secured, or upon satisfaction of the conditions set forth in the Loan Agreement for release of the Mortgaged Property from this Deed of Trust, then the Agent Beneficiary shall, promptly upon request of the Grantor, request the Trustee to reconvey the Mortgaged Property and shall surrender this Deed of Trust and evidence of satisfaction of the Obligations Secured to the Trustee. Trustee shall reconvey the Mortgaged Property without warranty to the person or persons legally entitled thereto.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing Statement (Green Plains Inc.), Security Agreement and Fixture Filing Statement (Green Plains Inc.)

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Satisfaction of Deed of Trust. Upon full payment and performance of all the Obligations Secured, or upon satisfaction of the conditions set forth in the Loan Agreement for release discharge of the Mortgaged Property from this Deed of Trust, then the Agent shall, promptly upon request of the Grantor, request execute and deliver to the Trustee to reconvey the Mortgaged Property and shall surrender Grantor a discharge of this Deed of Trust and evidence or reconveyance of satisfaction of the Obligations Secured to the Trustee. Trustee shall reconvey the Mortgaged Property without warranty reasonably acceptable to the person or persons legally entitled theretoGrantor.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (Green Plains Inc.)

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