2005 North Carolina Code - General Statutes § 45-36.11. Satisfaction: form.

§ 45‑36.11.  Satisfaction: form.

No particular phrasing is required for a satisfaction of a security instrument. The following form, when properly completed, is sufficient to satisfy the requirements of G.S. 45‑36.10(a):

 

"SATISFACTION OF SECURITY INSTRUMENT

 

(G.S. 45‑36.10; G.S. 45‑37(a)(7))

 

The undersigned is now the secured creditor in the security instrument identified as follows:

Type of Security Instrument: (identify type of security instrument, such as deed of trust or mortgage)

Original Grantor(s): (Identify original grantor(s), trustor(s), or mortgagor(s))

Original Secured Party(ies): (Identify the original beneficiary(ies), mortgagee(s), or secured party(ies) in the security instrument)

Recording Data: The security instrument is recorded in Book ____ at Page ____ or as document number ________ in the office of the Register of Deeds for ____________ County, North Carolina.

This satisfaction terminates the effectiveness of the security instrument.

Date: ______________                                          _____________________________

(Signature of secured creditor)

 

[Acknowledgment before officer authorized to take acknowledgments]".

(2005‑123, s. 1.)