SUBSTITUTE OF TRUSTEE AND DEED OF TRUST PARTIAL RELEASE
PREPARED BY:RETURN TO: / Division R/W Agent, NCDOT
STATE OF NORTH CAROLINA / TIP/PARCEL:
COUNTY OF / WBS ELEMENT:
THIS RELEASE, executed this / day of / ,20 / ,by
, Trustee, and / ,
Beneficiary or Cestui Que Trust under that Deed of Trust from
Dated / ,20 / , and recorded in the following book(s) and page(s):
Deed Book / Page / , / CountyRegistry.
WHEREAS, / , which owns all of the indebtedness
secured by the above-referenced deed of trust, desires to appoint a substitute trustee in the place and stead of the Trustee named in said deed of trust pursuant to the provisions of said deed of trust allowing for such substitution of Trustee;
NOW, THEREFORE, pursuant to N.C.G.S. 45-10 and authority granted in the above-referenced Deed of
Trust, / , hereby appoints
Substitute Trustee in the above-referenced deed of trust in the place and stead of the Trustee therein designate with all the powers, duties and obligations conferred in said deed of trust on the Trustee originally named therein.
WITNESSETH:
THAT for and in consideration of the sum of One Dollar ($1.00) and other valuable considerations,
receipt of which is hereby acknowledged, the undersigned do hereby release and convey to the DEPARTMENT
OF TRANSPORTATION, an agency of the State of North Carolina, any right, title, estate, claim or interest
which they have or may have by virtue of said Deed of Trust recorded in Deed Book / ,
Page / , / CountyRegistry, in and to so much of the lands
described in said Deed of Trust as are subject to that portion of said property as to be conveyed to the NORTH
CAROLINA DEPARTMENT OF TRANSPORTATION by
by Deed dated / ,20 / , recorded in Deed Book / , Page / ,
CountyRegistry.
AND the undersigned do hereby make this release with the understanding that $of the consideration set forth in the above-mentioned Deed is to be paid to and the balance, if any, is to be paid to .
IN WITNESS WHEREOF, the GRANTORS have hereunto set their hands and seals (or if corporate, has caused this instrument to be signed in its corporate name by its duly authorized officers and its seal to be hereunto affixed by authority of its Board of Directors) the day and year first above written.
(SEAL)
SUBSTITUTE TRUSTEE
BY:
(President)
FRM7-LLL
Page 1of 2
Revised 09/05/13
COUNTY: / WBS ELEMENT: / TIP/PARCEL NO.:North Carolina, / County
I, / , a Notary Public for
County, North Carolina, do hereby certify that
personally came
before me this day and acknowledged that he/she is president of
, a corporation, and that he/she,
as president, being authorized to do so, executed the foregoing on behalf of the corporation.
Witness my hand and official seal this the / day of
, 20 / .
Notary Public
(Official Seal) / My commission expires:
North Carolina, / County
I, / , a Notary Public for
County, North Carolina, do hereby certify that
TRUSTEE, personally appeared before me this day and acknowledged the due execution of the foregoing instrument.
Witness my hand and official seal this the / day of
, 20 / .
Notary Public
(Official Seal) / My commission expires:
FRM7-LLL
Page 1of 2
Revised 09/05/13