Common use of Reconveyance Clause in Contracts

Reconveyance. Upon Beneficiary’s written request, and upon surrender to Trustee for cancellation of this Deed of Trust and the Notes or instruments setting forth all obligations secured hereby, Trustee shall reconvey, without warranty, the Property, or that portion thereof then held hereunder. The recitals of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may describe the grantee as “the person or persons legally entitled thereto.” Neither Beneficiary nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any reconveyance. When the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of the Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Beneficiary’s 's written request, and upon surrender to Trustee for cancellation of this Deed of Trust and the Notes any note, instrument or instruments setting forth all obligations secured hereby, Trustee shall reconvey, without warranty, the Property, Subject Property or that portion thereof then held hereunder. The recitals of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may describe the grantee as “"the person or persons legally entitled thereto.” " Neither Beneficiary nor Trustee shall have any duty to determine the rights right of persons claiming to be rightful grantees of any reconveyance. When the Subject Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of the Subject Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Beneficiary’s Lessor Trust's written request, and upon surrender to Trustee for cancellation of this Deed of Trust and the Notes or instruments setting forth all obligations secured herebyfor cancellation and retention upon payment of its fees, Trustee shall reconvey, without warranty, the Property, any Property or that portion thereof then held hereunder. The recitals in such reconveyance of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may describe described the grantee as “"the person or persons legally entitled thereto.” ". Neither Beneficiary Lessor Trust nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any reconveyance. When all of the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of all of the Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Beneficiary’s written request, following payment in full of the Indebtedness and performance in full of the Obligations, and upon surrender to Trustee for cancellation of this Deed of Trust or certified copy thereof and the Notes any note, instrument or instruments setting forth all obligations secured herebyhereby to Trustee for cancellation, Trustee shall shall, at Grantor’s expense, reconvey, without warranty, the Property, Mortgaged Property or that portion thereof then held hereunder. The recitals of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may describe the grantee as “the person or persons legally entitled thereto.” ”. Neither Beneficiary nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any reconveyance. When the Mortgaged Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of the Mortgaged Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Beneficiary’s written request, and upon surrender to Trustee for cancellation of this Deed of Trust and the Notes any note, instrument or instruments setting forth all obligations secured hereby, or other reasonable evidence that this Deed of Trust is to be reconveyed pursuant to the Credit Agreement, 2002 Note Purchase Agreement and Intercreditor and Collateral Trust Agreement, Trustee shall reconvey, without warranty, the Property, Property or that portion thereof then held hereunder. The recitals of any matters or facts in any reconveyance executed hereunder shall be conclusive proof create a rebuttable presumption of the truthfulness thereof. To the extent permitted by law, the reconveyance may describe the grantee as “the person or persons legally entitled thereto.” ”. Neither Beneficiary nor Trustee shall have any duty to determine the rights of persons Persons claiming to be rightful grantees of any reconveyance. When the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of the Property to the person Person or persons Persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Beneficiary’s written request, and upon surrender to Trustee for cancellation of this Deed of Trust and a copy of the Notes instrument or instruments setting forth all obligations secured hereby, Trustee shall reconvey, without warranty, the Property, Property or that portion thereof then held hereunder. The recitals of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may describe the grantee as “the person or persons legally entitled thereto.” Neither Beneficiary nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any reconveyance. When the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits Rents of the Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Trustee shall reconvey, without warranty, the Property or that portion thereof then held hereunder upon Beneficiary’s 's written request, and upon payment in full of the Secured Obligations and surrender to Trustee for cancellation of this Deed of Trust and the Notes or instruments setting forth all obligations secured hereby, Trustee shall reconvey, without warranty, the Property, or that portion thereof then held hereunderTrust. The recitals of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by lawApplicable Law, the reconveyance may describe the grantee as “"the person or persons legally entitled thereto.” " Neither Beneficiary nor Trustee shall have any duty to determine the rights of persons Persons claiming to be rightful grantees of any reconveyance. When the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of the Property to the person Person or persons Persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.