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Fillable Printable The Release of Part of Mortgaged Premises

Fillable Printable The Release of Part of Mortgaged Premises

The Release of Part of Mortgaged Premises

The Release of Part of Mortgaged Premises

The Release Of Part Of Mortgaged Premises
made this day of ,
BETWEEN
residing or located at
designated as the Releasor;
AND
residing or located at
designated as the Releasee;
Whereas, the Releasor is the holder of a mortgage and the bond, note or other obligation secured
thereby, which mortgage is dated , and was made by to
upon the lands and premises therein described
and was recorded on
in the County Clerk/Register's Office of the County of and State
of New Jersey, in Mortgage Book
on Page .
And Whereas, the Releasor at the request of the Releasee has agreed to release the lands and premises
herein described from the lien of the said mortgage and to retain the lien of the said mortgage upon the
remainder of the lands and premises therein described.
Now Therefore the Releasor, for and in consideration of $ , lawful money of the
United States of America, to the Releasor in hand well and truly paid by the Releasee at or before the sealing
and delivery of these presents, the receipt whereof is hereby acknowledged and the Releasor being therewith
fully satisfied, to the intent that the following described lands and premises shall be released, discharged and
freed from the lien of the said mortgage but that the remainder of the lands and premises described in the said
mortgage shall remain as security for the payment of the money remaining due there under and the performance
of the covenants and conditions therein contained, does by these presents release, quitclaim, grant and convey
unto the Releasee forever,
All that certain tract or parcel of land and premises, hereinafter particularly described, situate and being
in the of in the County of
and State of New Jersey, more particularly described as follows:
Together with all and singular the buildings, improvements, ways, woods, waters, watercourses, right’s,
liberties, privileges, hereditaments and appurtenances to the same belonging or in anyway appertaining; and the
reversion and reversions, remainder and remainders, rents, issues and profits thereof, and of every part and
parcel thereof; And also all the estate, right, title, interest, use, possession, property, claim and demand
whatsoever, of the Releasor both in law and in equity, of, in and to the premises herein described, and every part
and parcel thereof, with the appurtenances. To have and to hold all singular, the premises herein described,
together with the appurtenances, unto the Releasee and to Releasee’s proper use and benefit forever, free from
the lien of the said mortgage.
In all references herein to any parties, persons, entities or corporations, the use of any particular gender
or the plural or singular number is intended to include the appropriate gender or number as the text of the within
instrument may require.
29
June, 2009
Wherever in this instrument any party shall be designated or referred to by name or general reference,
such designation is intended to and shall have the same effect as if the words “heirs, executors, administrators,
personal or legal representatives, successors and assigns” had been inserted after each and every such
designation.
In Witness Whereof, the parties hereto have hereunto set their hands and seals, or caused these presents
to be signed by their proper corporate officers and their corporate seal to be hereto affixed, the day and year first
above written.
WITNESS:
__________________________________
__________________________________ __________________________________
STATE OF NEW JERSEY
COUNTY OF
SS:
I CERTIFY that on
personally came before me and acknowledged under oath, to my satisfaction, that this person (or if more than
one, each person):
(1) is named in and personally signed this document.
(2) signed, sealed and delivered this document as his or her act and deed.
__________________________________
STATE OF NEW JERSEY
COUNTY OF
SS:
I certify that on
personally came before me and this person acknowledged under oath, to my satisfaction, that:
(1) this person is the Secretary of ,
the corporation named in this document;
(2) this person is the attesting witness to the signing of this document by the proper corporate officer
who is , the President
of the corporation;
(3) this document was signed and delivered by the corporation as its voluntary act duly authorized by a
proper resolution of its Board of Directors;
(4) this person knows the proper seal of the corporation which was affixed to this document;
(5) this person signed this proof to attest to the truth of these facts.
__________________________________
(Print name and title below signature)
June 29, 2009
NOTARY PUBLIC
June 29, 2009
ESTOPPEL CERTIFICATE
The undersigned hereby certifies and acknowledges that the said mortgage is in full force and effect as a valid
lien upon the residue of said lands and premises and that there is due on the said mortgage and the bond, note or
other obligation secured thereby, the sum of $
on account of principal, together with interest thereon from
at the rate of percent per year, that there are no set-offs, counterclaims or defenses
against the same, in law or in equity, and that there have been no modifications or other changes in the original
terms thereof, except
__________________________________ __________________________________
__________________________________ __________________________________
STATE OF NEW JERSEY
COUNTY OF
SS:
I certify that on
personally came before me and this person acknowledged under oath, to my satisfaction, that:
(1) this person is the Secretary of ,
the corporation named in this document;
(2) this person is the attesting witness to the signing of this document by the proper corporate officer
who is , the President
of the corporation;
(3) this document was signed and delivered by the corporation as its voluntary act duly authorized by a
proper resolution of its Board of Directors;
(4) this person knows the proper seal of the corporation which was affixed to this document;
(5) this person signed this proof to attest to the truth of these facts.
__________________________________
(Print name and title below signature)
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