HELOC Cancellation Request

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THE UNDERSIGNED REQUEST THE HOME EQUITY LINE OF CREDIT BE CLOSED AND I/WE AGREE THAT I/WE WILL NO LONGER DRAW AGAINST THIS HOME EQUITY LINE OF CREDIT. I/WE HEREBY AUTHORIZE THE CLOSING OF THIS HOME EQUITY LINE OF CREDIT AND THE CANCELLATION/TERMINATION/RELEASE OF THE DEED OF TRUST AGAINST THE SUBJECT PROPERTY.

I/WE UNDERSTAND THAT THE HOME EQUITY LINE OF CREDIT WILL NOT BE CLOSED UNTIL UNPAID BALANCES (INCLUDING ALL APPLICABLE FEES) ARE PAID IN FULL.