STATE OF LOUISIANA
PARISH OF [_PARISH_]
PARTIAL RELEASE OF MORTGAGE, VENDOR'S LIEN
AND RIGHT OF RESCISSION OR DISSOLUTION
BE IT KNOWN, THAT ON [_Date_] , before me, [_NOTARY_] , a
Notary Public, duly commissioned and qualified in and for the
aforesaid parish and state, and in the presence of the
undersigned witnesses:
PERSONALLY CAME AND APPEARED:
[_LENDER_] , Tax Identification Number [_TIN_] , a state
chartered banking corporation having its principal place
of business at [_Lender_Address_] , represented herein by
[_AGENT_] , its duly authorized [_Office_] ;
who exhibited to me, Notary, as last holder thereof, one
certain promissory note described as follows:
MAKER: [_Makers_]
PAYEE: [_Payee_]
AMOUNT: [_$Amount_]
DATE: [_Note_Date_]
INTEREST: [_Rate%_]
MATURITY: [_Terms_]
NOTARY: [_Note_Notary_]
which note is paraphed for identification with an Act of
Mortgage of the same date before said notary public.
NOW THEREFORE, for good and valuable consideration,
receipt of which is hereby acknowledged, and with full
knowledge and intent that third parties may rely hereon,
Appearer hereby waives, releases and renounces all vendor's
liens, mortgages or other rights to the property herein
described, and specifically renounces the right to rescind
and/or dissolve for non-payment of the price, or for any other
reason whatsoever, and hereby authorizes and directs the
Recorder of Mortgages for the Parish of [_Filing_Parish_] to
erase and cancel from the records of his office the
inscription of the said mortgage recorded in [_Recordation_]
of the mortgage records of said parish, but only insofar as it
bears upon and affects the property described as follows, to-
wit:
[_Property_Description_]
The property released herein has as its address
[_Prop_Address_] .
After mentioning on said note, the partial release herein
granted, and after having paraphed said note "Ne Varietur" for
identification herewith, I, said Notary, have returned the
same to the said holder, who acknowledges delivery thereof.
THUS DONE AND SIGNED in [_City_Parish_] , Louisiana, on
the day, month and year herein first above written, in the
presence of the undersigned competent witnesses, who hereunto
sign their names with the said Appearer and me, Notary, after
due reading of the whole.
- 1 -
WITNESSES: [_LENDER_]
___________________________ BY: _______________________
[_AGENT_]
[_Office_]
___________________________ _____________________________
[_NOTARY_], NOTARY PUBLIC
PARTIAL RELEASE OF MORTGAGE, VENDOR'S LIEN AND RIGHT OF
RESCISSION AND/OR DISSOLUTION - F1BSEC11 : By this act, the
holder of a mortgage releases its security interest in a
specified immovable, including any rights that the mortgage
holder may have as an unpaid vendor or vendor's lien holder.
The notary before whom the act is passed must paraph the
mortgage note for identification with the act.
WORD KEY : EXPLANATION :
[_PARISH_] Parish in which release is
signed.
[_Date_] Date on which release is signed.
[_NOTARY_] Notary before whom release is
signed.
[_LENDER_] Name of holder of note and
mortgage.
[_TIN_] Tax Identification Number of
lender.
[_Lender_Address_] Mailing address principal place
of business of creditor.
[_AGENT_] Name of person appearing for
creditor.
[_Office_] Office held by person appearing
for creditor.
[_Makers_] Makers of mortgage note.
[_Payee_] Party to whom mortgage note is
payable.
[_$Amount_] Amount of mortgage note (with $).
[_Note_Date_] Date of mortgage note.
[_Rate%_] Interest rate (with %).
[_Terms_] Indicate how mortgage note is
payable.
[_Note_Notary_] Notary who paraphed mortgage note
for identification with mortgage.
[_Filing_Parish_] Parish in which mortgage is
filed.
[_Recordation_] Recordation data on mortgage.
[_Property_Description_] Description of property released.
[_Prop_Address_] Municipal number or address of
the property released.
[_City_Parish_] City and parish in which release
- 2 -
is signed.
- 3 -
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FAQs
Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
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The best way to complete and sign your louisiana partial form
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