Upon default of any of the payments as defined in paragraph "A" above, LENDER may demand release of all "Collateral Shares" to satisfy Note. Remove a lien on a piece of property with LawDepot's free Lien Release form.Customize, download, and print your form now. This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. Search Official Records for liens. To find a payoff amount, please contact the creditor or Liening party for the correct amount. All forms and checks are to be sent to: 3300 W. Sahara Ave. , Suite 350, Las Vegas, Nevada 89102 This is a standard form of release of collateral letter. The FDIC may be able to assist you in obtaining a lien release if the request is for a customer of a failed bank that was placed into FDIC receivership.