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Common use of Reconveyance Clause in Contracts

Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of recordation, if any.

Appears in 3 contracts

Samples: Deed of Trust, Deed of Trust, Deed of Trust

Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender Xxxxxx shall request Trustee to reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of recordation, if any. The recitals in the reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof.

Appears in 3 contracts

Samples: Deed of Trust, Deed of Trust, Deed of Trust

Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender Xxxxxx shall request Trustee to reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee. Trustee shall reconvey the this Property without warranty and without charge to the person or persons legally entitled thereto. The grantee in any reconveyance may be described as the “person or persons legally entitled thereto,” and the recitals therein of any matters or facts shall be conclusive proof of the truthfulness thereof. Such person or persons shall pay all Trustee’s reasonable costs of recordation, if anyincurred in so reconveying the Property.

Appears in 1 contract

Samples: Deed of Trust (Synthetech Inc)

Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender Xxxxxx shall request the Trustee to reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of recordation, and any fee charged by Trustee, if any.

Appears in 1 contract

Samples: Deed of Trust