1. (a) The borrower shall not sell or remove timber, rock, gravel, sand, chemicals, or other material assets, the loss of which tends to lower the value of the land, except as provided by §175.13, relating to Sale of Material Assets, and Improvements, of this chapter.
2. (b) If a borrower wishes to obtain a partial release of lien to clear title to a portion of the land, the borrower shall submit a request in writing to the board. The procedures for granting a partial release are identical to those for obtaining a severance as provided in §175.12, relating to Severances, of this chapter, except that the board will issue a partial release of lien, instead of a deed, for a portion of the tract.
3. (c) When a loan is paid in full, the board will execute a release of lien in favor of the borrower identified in the records of the board.

Source Note:The provisions of this §175.58 adopted to be effective January 8, 2002, 27 TexReg 286.