Release of Collateral Transfer of Note and Lien
Notice of confidentiality rights: If you are a natural person, you may remove or strike any or all of the following information from any instrument that transfers an interest in real property before it is filed for record in the public records: your Social Security number or your driver’s license number.
Basic Information
Date:
Secured Party:
Secured Party’s Mailing Address:
Debtor:
Debtor’s Mailing Address:
Collateral Note: $[amount] Note executed by [maker] and payable to the order of [payee] dated [date].
Collateral Note Security: Deed of Trust dated [date], recorded in [recording data].
Collateral Transfer of Note and Lien
Date:
Recorded: [recording data]
Purpose of Collateral Transfer of Note and Lien
In the Collateral Transfer of Note and Lien, Debtor granted to Secured Party a security interest in the Collateral Note and the Collateral Note Security, each as described in the Collateral Transfer of Note and Lien.
Release
Secured Party releases Secured Party’s security interest in the Collateral Note and Collateral Note Security.
No Release of Underlying Collateral Note Debt and Collateral Note Security
Secured Party’s release of its security interest in the Collateral Note and the Collateral Note Security does not affect or release (1) the indebtedness owing to Debtor on the Collateral Note and (2) the liens held by Debtor under the Collateral Note Security documents on the property described in those documents.
When the context requires, singular nouns and pronouns include the plural.
[Name of secured party]
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Include acknowledgment. |