WI Partial Release of Mortgage 1
Whereas, on the _______ day of ________, 20____, _________, duly executed to ____________, a mortgage to secure the payment of the sum of __________ dollars, which said mortgage was on the ________ day of __________, 20_____, duly recorded in the office of the Register of Deeds in and for ________ County, in the State of Wisconsin, in Volume ________, of Mortgages on page _______, Document No. ________, and which said mortgage covered, with other property, the premises hereinafter described; and
Whereas ______________, the present owner ___________ and holder ________ of said mortgage, has ____________ been requested to release from the lien of said mortgage, the property hereinafter described;
Now, therefore, in consideration of the sum of _________ dollars, to ________, in hand paid by _________, the said ___________ hereby release __ from the lien and the operation of said mortgage the following portion of said mortgaged premises, to wit: the ________ certain piece ___ or parcel ___ of land lying and being in the County of __________ and State of Wisconsin, known and described as follows, viz.:
The said __________ retain ____ lien upon the balance (not heretofore released) described in said mortgage to secure the principal sum unpaid, to wit: ________ dollars, with all interest on the same remaining unpaid, according to the terms and conditions of said mortgage.
In Witness Whereof, the said _______ ha ___ hereunto set _______ hand ___ and seal ___ this ________ day of _______, 20_____.
Signed and sealed in presence of:
This instrument was drafted by [name].
No guidelines are available for this form at this time.