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Fillable Printable Satisfaction of Mortgage

Fillable Printable Satisfaction of Mortgage

Satisfaction of Mortgage

Satisfaction of Mortgage

Satisfaction of Mortgage – Individual or Corporation
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
—————————————————
Insert residence, if
individual, or principal
office, if corporation,
giving street and street
number.
Insert “Further” when
required.
KNOW ALL MEN BY THESE PRESENTS,
That      
DO      HEREBY CERTIFY that the following Mortgage       IS PAID, and do hereby consent that the
same be discharged of record.
     
Mortgage dated the       day of       in the year      , made by      
To      
in the principal sum of $      and recorded on the      day of      
in the year      , in Liber      of Section       of Mortgages, page       , in the office of the       of the
     
which mortgage has not been assigned of record.
Dated the       day of       in the year       .
IN PRESENCE OF:
_____________________________________
     
_______________________________________
     
_____________________________________
     
Section 321 of the Real Property Law expressly provides who must execute the certificate of discharge in specific cases and also provides,
among other things, that (1) no certificate shall purport to discharge more than one mortgage, (except that mortgages affected by
instruments of consolidation, spreader, modification or correction may be included in one certificate if the instruments are set forth in
detail in separate paragraphs); (2) if the mortgage has been assigned, in whole or in part, the certificate shall set forth: (a) the date of
each assignment in the chain of title of the person or persons signing the certificate, (b) the names of the assignor and assignee, (c) the
interest assigned, and (d) if the assignment has been recorded, the book and page where it has been recorded or the serial number of such
record, or (e) if the assignment is being recorded simultaneously with the certificate of discharge, the certificate of discharge shall so
state, and (f) if the mortgage has not been assigned of record, the certificate shall so state; (3) if the mortgage is held by any fiduciary,
including an executor or administrator, the certificate of discharge shall recite the name of the court and the venue of the proceedings in
which his appointment was made or in which the order or decree vesting him with such title or authority was entered.
ACKNOWLEDGEMENT TAKEN IN NEW YORK STATE
State of New York, County of      , ss:
On the       day of       in the year      , before me, the
undersigned, personally appeared      
     
     , personally known to me or proved to me on the basis of
satisfactory evidence to be the individual(s) whose name(s) is (are)
subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their capacity(ies), and that
by his/her/their signature(s) on the instrument, the individual(s), or
the person upon behalf of which the individual(s) acted, executed the
instrument.
ACKNOWLEDGEMENT BY SUBSCRIBING WITNESS
TAKEN IN NEW YORK STATE
State of New York, County of      , ss:
On the       day of       in the year      , before me, the
undersigned, a Notary Public in and for said State, personally
appeared      , the
subscribing witness to the foregoing instrument, with whom I am
personally acquainted, who, being by me duly sworn, did depose and
say that he/she/they reside(s) in      
(if the place of residence is in a city, include the street and street number if any, thereof);
that he/she/they know(s)
     
to be the individual described in and who executed the foregoing
instrument; that said subscribing witness was present and saw said
     
execute the same; and that said witness at the same time subscribed
his/her/their name(s) as a witness thereto
     
ACKNOWLEDGEMENT TAKEN IN NEW YORK STATE
State of New York, County of      , ss:
On the       day of       in the year      , before me, the
undersigned, personally appeared      
     
     , personally known to me or proved to me on the basis of
satisfactory evidence to be the individual(s) whose name(s) is (are)
subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their capacity(ies), and that
by his/her/their signature(s) on the instrument, the individual(s), or
the person upon behalf of which the individual(s) acted, executed the
instrument.
ACKNOWLEDGEMENT TAKEN OUTSIDE NEW YORK
STATE
*State of      , County of      , ss:
*(Or insert District of Columbia, Territory, Possession or Foreign
County)
On the       day of       in the year      , before me       the
undersigned personally appeared
Personally known to me or proved to me on the basis of satisfactory
evidence to be the individual(s) whose name(s) is (are) subscribed to
the within instrument and acknowledged to me that he/she/they
executed the same in his/her/their capacity(ies), that by his/her/their
signature(s) on the instrument, the individual(s) or the person upon
behalf of which the individual(s) acted, executed the instrument, and
that such individual make such appearance before the undersigned in
the      
(add the city or political subdivision and the state or country or other
place the acknowledgement was taken).
Satisfaction of Mortgage
Title No.      
     
TO
     
SECTION:      
BLOCK:      
LOT:      
COUNTY OR TOWN:      
RETURN BY MAIL TO:
     
     
     
     
     
     
     
     
DISTRIBUTED BY
The Judicial Title Insurance Agency LLC
800-281-TITLE (8485) FAX: 800-FAX-9396
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