State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_47 > GS_47-46_2

§ 47‑46.2.  Certificateof satisfaction of deed of trust, mortgage, or other instrument.

No particular phrasing isrequired for a certification of satisfaction pursuant to G.S. 45‑37(a)(6)as it was in effect prior to October 1, 2005, or for a satisfaction of asecurity instrument under G.S. 45‑36.10. The following form, whenproperly completed, is sufficient to satisfy the requirements (i) for acertificate of satisfaction under G.S. 45‑37(a)(6) as it was in effectprior to October 1, 2005, and (ii) for a satisfaction of a security instrumentunder G.S. 45‑36.10 when signed and acknowledged by the secured creditor:

CERTIFICATE OF SATISFACTION

North Carolina, ____________County.

I, ____________ (name of ownerof the note or other indebtedness secured by the deed of trust or mortgage),certify that I am the owner of the indebtedness secured by the hereafterdescribed deed of trust or mortgage and that the debt or other obligation inthe amount of __________ secured by the (deed of trust)(mortgage)(other instrument)executed by ____________ (grantor)(mortgagor),

____________ (trustee)(leaveblank if mortgage), and ______________ (beneficiary)(mortgagee), and recordedin __________ County at ______ (book and page) was satisfied on ____________(date of satisfaction). I request that this certificate of satisfaction berecorded and the above‑referenced security instrument be canceled ofrecord.

                                                                                                                                                        

                                                                                                (Signatureof owner of note)

[Acknowledgment before officerauthorized to take acknowledgments]. (1995, c. 292, s. 3; 2005‑123, s. 5; 2006‑226,s. 27(a); 2006‑264, s. 82(a).)