§ 45-36.11. Satisfaction: form.
§ 45‑36.11. Satisfaction: form.
No particular phrasing isrequired for a satisfaction of a security instrument. The following form, whenproperly 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 thesecured 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): (Identifyoriginal grantor(s), trustor(s), or mortgagor(s))
Original Secured Party(ies):(Identify the original beneficiary(ies), mortgagee(s), or secured party(ies) inthe security instrument)
Recording Data: The securityinstrument 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 theeffectiveness of the security instrument.
Date: ______________ _____________________________
(Signatureof secured creditor)
[Acknowledgment before officer authorized to takeacknowledgments]".
(2005‑123,s. 1.)