Termination of Assignment. Upon payment in full of the Debt and the ------------------------- delivery and recording of a satisfaction, release, reconveyance or discharge of the Security Instrument duly executed by Assignee, this Assignment shall become and be void and of no effect.
Appears in 4 contracts
Samples: Assignment of Leases and Rents (G&l Realty Corp), Assignment of Leases and Rents (G&l Realty Corp), Assignment of Leases and Rents (G&l Realty Corp)
Termination of Assignment. Upon payment in full of the Debt and the ------------------------- delivery and recording of a satisfaction, release, reconveyance satisfaction or discharge of the Security Instrument duly executed by AssigneeLender, this Assignment shall become and be void and of no effect.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Paladin Realty Income Properties Inc), Assumption and Release Agreement (Blue Ridge Real Estate Co)
Termination of Assignment. Upon payment in full of the Debt and the ------------------------- delivery and recording of a satisfaction, release, reconveyance or discharge of the Security Instrument duly executed by Assignee, this Assignment shall become and be void and of no effect.
Appears in 1 contract
Termination of Assignment. Upon payment in full of the Debt and the ------------------------- delivery and recording of a satisfaction, release, reconveyance satisfaction or discharge of the Security Instrument duly executed by AssigneeAssignee (which satisfaction or discharge Assignee agrees to promptly delivery to Assignor), this Assignment shall become and be void and of no effect.
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