Declaration of Reconveyance
Declaration of Reconveyance
DECLARATION OF RECONVEYANCE
Contract # 70008
Payee:
Payor:
On October 27, 1999, Settlor, signed for his legal fiction JOHN HENRY DOE, on a Deed of
Trust recorded at Docket ________, Page ______ of PIMA COUNTY. JOHN HENRY DOE, herein
BORROWER, was named as TRUSTOR to a trust presented by Fidelity National Title Company that
was named as Trustee, hereinafter TRUSTEE. The BORROWER as Trustor entrusted the Deed of Trust
as a title to be held by the TRUSTEE until the loan #17368499 was paid to CHARTER FUNDING as the
Beneficiary. The Deed stated that the BORROWER as Trustor granted a list of measurements of a
fictitious location, entitled legal description to the Beneficiary, which became the property of the
Beneficiary as the Grantee. CHARTER FUNDING later assigned the Deed to SHYSTER BANK, herein
Beneficiary.
The Settlor signed a Promissory Note for the BORROWER evidencing consideration, and
delivered it to the TRUSTEE who accepted the Note as payment for the loan based upon Settlors prepaid
exempt status, thereby discharging the debt the BORROWER, as Trustor, had with the Beneficiary. The
TRUSTEE inadvertently failed to register the Promissory Note and therefore the Pima County Recorder as
Public Fiduciary will register and deliver this security to Beneficiarys agent as evidence that the loan has
been discharged for the public record and that the trust has been executed and hereby terminated. The
Beneficiary has ten (10) days to record a FULL RECONVEYANCE to original TRUSTOR. In the event a
FULL RECONVEYANCE is not recorded in ten (10) days, beneficiary consents that Settlor record the
Reconveyance in Beneficiarys behalf.
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ACKNOWLEDGEMENT
As a Notary Public for said County and State, I do hereby certify that on this ______
day of ___________________ the above mentioned appeared before me and executed
the foregoing. Witness my hand and seal:
______________________
Notary Public