Shellpoint Short Sale Approval

This is a short sale approval with deficiency waiver from Shellpoint. Page two of their short sale approval has the deficiency waiver clause which states:

This Deficiency Waiver Agreement is provided to you in connection with the promissory note ( Note ) secured by the property located at ****** Clearwater, FL. Upon receipt of certified funds, Shellpoint HEREBY CANCELS any remaining indebtedness.