Reconveyance. Upon payment of all sums secured by this Deed of Trust, and following the expiration of the Term of the Resale Restriction Agreement, City will request Trustee to reconvey the Security and will surrender this Deed of Trust and the Resale Restriction Agreement to Trustee. Trustee will reconvey the Security without warranty and without charge to the person or persons legally entitled thereto. Such person or persons will pay all costs of recordation, if any.
Appears in 3 contracts
Samples: Deed of Trust and Security Agreement, Deed of Trust and Security Agreement, Deed of Trust and Security Agreement
Reconveyance. Upon payment of all sums secured by this Deed of Trust, and following the expiration of the Term of the Resale Restriction Agreement, City will request Trustee to reconvey the Security and will surrender this Deed of Trust and the Resale Restriction Agreement to Trustee. Trustee will reconvey the Security without warranty and without charge to the person or persons legally entitled thereto. Such person or persons will pay all costs of recordation, if any.
Appears in 2 contracts
Samples: Affordable Housing Agreement, Affordable Housing Agreement
Reconveyance. Upon payment of all sums secured by this Deed of Trust, and following the expiration of the Term term of the Resale Restriction Agreement if the Trustor owns and occupies the Property and is not in violation of any provisions of this Deed of Trust or the Resale Restriction Agreement, the City will request Trustee to reconvey the Security and will surrender this Deed of Trust and the Resale Restriction Agreement to Trustee. Trustee will reconvey the Security without warranty and without charge to the person or persons legally entitled thereto. Such person or persons will pay all costs of recordation, if any.
Appears in 1 contract
Reconveyance. Upon payment of all sums secured by this Deed of Trust, and following the expiration of the Term of the Resale Restriction Equity Share Agreement, City will request Trustee to reconvey the Security and will surrender this Deed of Trust and the Resale Restriction Equity Share Agreement to Trustee. Trustee will reconvey the Security without warranty and without charge to the person or persons legally entitled thereto. Such person or persons will pay all costs of recordation, if any.
Appears in 1 contract
Samples: Deed of Trust and Security Agreement
Reconveyance. Upon performance of all obligations of the Resale Agreement and expiration of its term and upon payment of all sums secured by this City Deed of Trust, and following the expiration of the Term of the Resale Restriction Agreement, City will request Trustee to reconvey the Security and will surrender this City Deed of Trust Trust, the Resale Agreement, and the Resale Restriction Agreement City Note to Trustee. Trustee will reconvey the Security without warranty and without charge to the person or persons legally entitled thereto. Such person or persons will pay all costs of recordation, if any.
Appears in 1 contract
Samples: Deed of Trust and Security Agreement