Fillable Printable Release of Part of Mortgaged Premises Template

Release of Part of Mortgaged Premises Template

CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.

THIS INDENTURE, made the day of ,

BETWEEN

party of the first part, and

party of the second part,

WHEREAS, the party of the first part is the holder of the following mortgage and of the bond or note

secured thereby:

Mortgage dated the day of , , made by

in the principal sum of $ and recorded in (Liber) (Record Liber) (Reel)

of section of mortgages, page in the office of the of the

covering certain lands and tenements, of which the lands hereinafter described are part, and

WHEREAS, the party of the first part, at the request of the party of the second part, has agreed to give up and

surrender the lands hereinafter described unto the party of the second part, and to hold and retain the residue

of the mortgaged lands as security for the money remaining due on said mortgage ,

NOW THIS INDENTURE WITNESSETH, that the party of the first part, in pursuance of said agreement and in

consideration of

Dollars,

lawful money of the United States,

paid by the party of the second part, does grant, release and quitclaim unto the party of the second part, all

that part of said mortgaged lands described as follows:

Standard N.Y.B.T.U. Form 8034 – Release of Part of Mortgaged Premises – Uniform Acknowledgment

Form 3251

200

TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and roads

abutting the above described premises to the center lines thereof and in and to any fixtures and articles of

personal property which are now contained in said premises and which may be covered by said mortgage.

TOGETHER with the hereditaments and appurtenances thereunto belonging, and all right, title and interest of

the party of the first part, in and to the same, to the intent that the lands hereby released may be discharged

from said mortgage , and that the rest of the land in said

mortgage specified may remain mortgaged to the party of the first part as heretofore.

TO HAVE AND TO HOLD the lands and premises hereby released and quitclaimed to the party of the second

part, and to the heirs, successors and assigns of the party of the second part forever, free, clear and

discharged of and from all lien and claim under and by virtue of said mortgage

aforesaid.

IN WITNESS WHEREOF, the party of the first part has executed this release the day and year first above

written.

IN PRESENCE OF:

______________________________________

DISTRICTDISTRICT

ACKNOWLEDGEMENT TAKEN IN NEW YORK STATE

State of New York, County of , ss:

On the day of in the year , before

me, the undersigned, personally appeared

, personally known to me or proved to me on the basis of

satisfactory evidence to be the individual(s) whose name(s) is (are)

subscribed to the within instrument and acknowledged to me that

he/she/they executed the same in his/her/their capacity(ies), and that

by his/her/their signature(s) on the instrument, the individual(s), or

the person upon behalf of which the individual(s) acted, executed the

instrument.

ACKNOWLEDGEMENT BY SUBSCRIBING WITNESS

TAKEN IN NEW YORK STATE

State of New York, County of , ss:

On the day of in the year , before

me, the undersigned, a Notary Public in and for said State, personally

appeared , the

subscribing witness to the foregoing instrument, with whom I am

personally acquainted, who, being by me duly sworn, did depose and

say that he/she/they reside(s) in

(if the place of residence is in a city, include the street and street number if any, thereof);

that he/she/they know(s)

to be the individual described in and who executed the foregoing

instrument; that said subscribing witness was present and saw said

execute the same; and that said witness at the same time subscribed

his/her/their name(s) as a witness thereto

ACKNOWLEDGEMENT TAKEN IN NEW YORK STATE

State of New York, County of , ss:

On the day of in the year , before

me, the undersigned, personally appeared

, personally known to me or proved to me on the basis of

satisfactory evidence to be the individual(s) whose name(s) is (are)

subscribed to the within instrument and acknowledged to me that

he/she/they executed the same in his/her/their capacity(ies), and that

by his/her/their signature(s) on the instrument, the individual(s), or

the person upon behalf of which the individual(s) acted, executed the

instrument.

ACKNOWLEDGEMENT TAKEN OUTSIDE NEW YORK

STATE

*State of , County of , ss:

*(Or insert District of Columbia, Territory, Possession or Foreign

County)

On the day of in the year

,before me the undersigned personally appeared

Personally known to me or proved to me on the basis of satisfactory

evidence to be the individual(s) whose name(s) is (are) subscribed to

the within instrument and acknowledged to me that he/she/they

executed the same in his/her/their capacity(ies), that by his/her/their

signature(s) on the instrument, the individual(s) or the person upon

behalf of which the individual(s) acted, executed the instrument, and

that such individual make such appearance before the undersigned in

the

(add the city or political subdivision and the state or country or other

place the acknowledgement was taken).

Title No.

SECTION:

BLOCK:

LOT:

COUNTY OR TOWN:

RETURN BY MAIL TO:

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Release