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

• Category: Oil Gas and Minerals - Releases
• State: Multi-State
• Control #: US-OG-130
• Format: Word; Rich Text

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 Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter is a legal document that signifies the partial release of a mortgage or deed of trust on a specific portion of a mineral or royalty interest. This release is executed by the granter, who is the individual or entity that originally granted the mortgage or deed of trust. Keywords: Wyoming, partial release, mortgage, deed of trust, mineral interest, royalty interest, sold, granter. Different types of Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter: 1. Wyoming Partial Release of Mortgage/Deed of Trust on a Fractional Mineral Interest Sold by Granter: This type of partial release is used when the granter sells only a fraction of their mineral interest. It ensures that the mortgage or deed of trust is released specifically on the portion that has been sold, while the remaining portion of the interest remains encumbered. 2. Wyoming Partial Release of Mortgage/Deed of Trust on a Partial Royalty Interest Sold by Granter: In cases where the granter sells only a portion of their royalty interest, this type of partial release is employed. It releases the mortgage or deed of trust on the portion of the royalty interest that has been sold, while the remaining portion remains unaffected. 3. Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral Interest Sold by Granter: This type of partial release applies when the granter sells their entire mineral interest. It releases the mortgage or deed of trust on the entire mineral interest, indicating that no further obligations or encumbrances exist. 4. Wyoming Partial Release of Mortgage/Deed of Trust on a Royalty Interest Sold by Granter: When the granter sells their complete royalty interest, this type of partial release is utilized. It releases the mortgage or deed of trust on the entire royalty interest, signifying that no further mortgage or lien exists on the sold interest. Each of these variations of the Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter serves to ensure the appropriate release and transfer of property rights linked to the sale. It allows the granter to convey specific portions of their minerals or royalties while addressing any outstanding mortgage or deed of trust obligations effectively.

A Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter is a legal document that signifies the partial release of a mortgage or deed of trust on a specific portion of a mineral or royalty interest. This release is executed by the granter, who is the individual or entity that originally granted the mortgage or deed of trust. Keywords: Wyoming, partial release, mortgage, deed of trust, mineral interest, royalty interest, sold, granter. Different types of Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter: 1. Wyoming Partial Release of Mortgage/Deed of Trust on a Fractional Mineral Interest Sold by Granter: This type of partial release is used when the granter sells only a fraction of their mineral interest. It ensures that the mortgage or deed of trust is released specifically on the portion that has been sold, while the remaining portion of the interest remains encumbered. 2. Wyoming Partial Release of Mortgage/Deed of Trust on a Partial Royalty Interest Sold by Granter: In cases where the granter sells only a portion of their royalty interest, this type of partial release is employed. It releases the mortgage or deed of trust on the portion of the royalty interest that has been sold, while the remaining portion remains unaffected. 3. Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral Interest Sold by Granter: This type of partial release applies when the granter sells their entire mineral interest. It releases the mortgage or deed of trust on the entire mineral interest, indicating that no further obligations or encumbrances exist. 4. Wyoming Partial Release of Mortgage/Deed of Trust on a Royalty Interest Sold by Granter: When the granter sells their complete royalty interest, this type of partial release is utilized. It releases the mortgage or deed of trust on the entire royalty interest, signifying that no further mortgage or lien exists on the sold interest. Each of these variations of the Wyoming Partial Release of Mortgage/Deed of Trust on a Mineral/Royalty Interest Sold by Granter serves to ensure the appropriate release and transfer of property rights linked to the sale. It allows the granter to convey specific portions of their minerals or royalties while addressing any outstanding mortgage or deed of trust obligations effectively.