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Nebraska Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor

State:
Multi-State
Control #:
US-OG-130
Format:
Word; 
Rich Text
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Description

If an owner of a mineral or royalty interest, whose interest is subject to a mortgage/deed of trust, desires to sell or convey an interest, it is appropriate to obtain a release of that lien as to the interest conveyed. This form addresses that situation. A Nebraska Partial Release of Mortgage or Deed of Trust on a Mineral/Royalty Interest Sold by Granter refers to a legal document that releases a specific portion of the mortgage or deed of trust on a mineral or royalty interest, following its sale by the granter. This document serves as evidence of the partial satisfaction and release of the original mortgage or deed of trust, pertaining only to the portion of the interest that has been sold. Keywords: Nebraska, partial release, mortgage, deed of trust, mineral interest, royalty interest, sold, granter. There are several types of Nebraska Partial Release of Mortgage or Deed of Trust on a Mineral/Royalty Interest Sold by Granter, including: 1. Nebraska Partial Release of Mortgage on a Mineral Interest Sold by Granter: This type of release specifically addresses the sale of a mineral interest in the granter and releases the mortgage on that portion, ensuring that the buyer assumes responsibility for the released portion. 2. Nebraska Partial Release of Deed of Trust on a Mineral Interest Sold by Granter: This document is similar to the partial release of mortgage but pertains to a deed of trust instead. It releases the portion of the deed of trust that corresponds to the mineral interest sold by the granter. 3. Nebraska Partial Release of Mortgage on a Royalty Interest Sold by Granter: In cases where the granter sells a royalty interest, this release document serves to release the mortgage on the portion of the interest transferred, transferring the mortgage burden to the buyer. 4. Nebraska Partial Release of Deed of Trust on a Royalty Interest Sold by Granter: This type of release is similar to the above, but is specific to a deed of trust. It releases the portion of the deed of trust related to the royalty interest that has been sold, transferring the responsibility to the buyer. In all scenarios, the Nebraska Partial Release of Mortgage or Deed of Trust on a Mineral/Royalty Interest Sold by Granter is crucial to clarify and formalize the transfer of responsibilities between parties involved in the sale of these interests. It ensures that the mortgage or deed of trust only applies to the remaining portion of the interest still owned by the granter, providing legal protection and clarity for all parties involved.

A Nebraska Partial Release of Mortgage or Deed of Trust on a Mineral/Royalty Interest Sold by Granter refers to a legal document that releases a specific portion of the mortgage or deed of trust on a mineral or royalty interest, following its sale by the granter. This document serves as evidence of the partial satisfaction and release of the original mortgage or deed of trust, pertaining only to the portion of the interest that has been sold. Keywords: Nebraska, partial release, mortgage, deed of trust, mineral interest, royalty interest, sold, granter. There are several types of Nebraska Partial Release of Mortgage or Deed of Trust on a Mineral/Royalty Interest Sold by Granter, including: 1. Nebraska Partial Release of Mortgage on a Mineral Interest Sold by Granter: This type of release specifically addresses the sale of a mineral interest in the granter and releases the mortgage on that portion, ensuring that the buyer assumes responsibility for the released portion. 2. Nebraska Partial Release of Deed of Trust on a Mineral Interest Sold by Granter: This document is similar to the partial release of mortgage but pertains to a deed of trust instead. It releases the portion of the deed of trust that corresponds to the mineral interest sold by the granter. 3. Nebraska Partial Release of Mortgage on a Royalty Interest Sold by Granter: In cases where the granter sells a royalty interest, this release document serves to release the mortgage on the portion of the interest transferred, transferring the mortgage burden to the buyer. 4. Nebraska Partial Release of Deed of Trust on a Royalty Interest Sold by Granter: This type of release is similar to the above, but is specific to a deed of trust. It releases the portion of the deed of trust related to the royalty interest that has been sold, transferring the responsibility to the buyer. In all scenarios, the Nebraska Partial Release of Mortgage or Deed of Trust on a Mineral/Royalty Interest Sold by Granter is crucial to clarify and formalize the transfer of responsibilities between parties involved in the sale of these interests. It ensures that the mortgage or deed of trust only applies to the remaining portion of the interest still owned by the granter, providing legal protection and clarity for all parties involved.

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Nebraska Partial Release of Mortgage / Deed of Trust on A Mineral / Royalty Interest Sold by Grantor