Termination of Assignment. Upon payment in full of the Indebtedness, the delivery and recording of a release, satisfaction or discharge of the Lien Instrument duly executed by Lender and a re-assignment of the Rents and Revenues to Borrower, this Assignment shall terminate, become null and void and shall be of no further force and effect without any further act or instrument.
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Samples: Assignment of Rents And (Owens Realty Mortgage, Inc.), Owens Realty Mortgage, Inc.
Termination of Assignment. Upon payment in full of the Indebtedness, Indebtedness and the delivery and recording of a release, satisfaction or discharge of the Lien Instrument Deed of Trust duly executed by Lender and a re-assignment of the Rents and Revenues to BorrowerLender, this Assignment shall terminate, become null and void and shall be of no further force and effect without any further act or instrumenteffect.
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Termination of Assignment. Upon payment in full of the Indebtedness, the delivery and recording of a release, satisfaction or discharge of the Lien Instrument Mortgage duly executed by Lender and a re-assignment of the Rents and Revenues to Borrower, this Assignment shall terminate, become null and void and shall be of no further force and effect without any further act or instrument.
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