VIEWS: 11 PAGES: 4 CATEGORY: Real Estate POSTED ON: 2/17/2014
This document is executed by a lender under a mortgage agreement after the borrower has fully paid off the principal loan. Once this document is executed and recorded, the borrower is released from any and all claims, actions, suits, proceedings, and demands in connection with the mortgage agreement. This customizable document should be used by banks or other lenders once a mortgage has been paid in full.
"Satisfaction of Mortgage"