Satisfaction of Mortgages and Release of Mortgage Files Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer shall notify the Master Servicer in the Monthly Remittance Advice as provided in Section 4.02, and may request the release of any Mortgage Loan Documents from the Seller in accordance with this Section 5.02 hereof. No release of this Mortgage or the lien hereof shall be valid unless executed by Lender. Release of Mortgage If all of the Debt be paid, then and in that event only, all rights under this Mortgage, except for those provisions hereof which by their terms survive, shall terminate and the Property shall become wholly clear of the liens, security interests, conveyances and assignments evidenced hereby, which shall be promptly released of record by Lender in due form at Borrower’s cost. Sale and Conveyance of Mortgages Possession of Mortgage File.Completion and Recordation of Assignments of Mortgage.Custodian to Cooperate: Release of Mortgage Files. Trustee to Cooperate Release of Mortgage Files.Satisfaction of Mortgages and Release of Mortgage Files.
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