Fill and Sign the 00 and Other Good Form

- 1 - Prepared by and after Recording Return to: ) ) ) ) ) ) ) ) ) ) -------- Above This Line Reserved For Official Use Only------------- Name: Firm/Company: Address: Address 2: City, State, Zip: Phone: Assessor’s Property Tax Parcel/Account Number: SATISFACTION OF MORTGAGE FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, _________________________________________, a Corporation organized under the laws of the State of ___________________, does hereby certify that a certain Mortgage described below is hereby RELEASED AND SATISFIED IN FULL and the real estate described therein is fully released from said Mortgage: Date of Mortgage: Executed by (Mortgagor(s)):
State: , for the above described mortgage, executed under the great seal of the state of, county: , state of , (the date of mortgage is deemed for purposes of this agreement to be the date of execution), and the deed conveying the property to, is hereby recorded in the office of , at (the recording officer's office), state of (the state where the dwelling and lots contain one contiguous house or several contiguous houses). The last paragraph for this purpose reads as follows: date of release: , (date of execution), and the receipt of the value of the real estate hereunder being in full, the assessor hereby relieves the mortgagee from the cost and expense of recording the same. The mortgagee shall, for the first two years following this release, continue to hold all the real estate described in the mortgage which has been released, and the assessor shall pay the balance of the value of the real estate to the mortgagee at such time as the mortgagee shall notify the assessor that the real estate is vacant or otherwise unoccupied. If after two years the mortgagee has not satisfied the mortgage or the assessor fails to receive any value from the real estate, then at the expiration of that two-year period any property in the real estate which is to be sold to the mortgagee shall become absolutely the property of the assessor, and the assessor shall proceed to record the same under his name and seal, and the assessor shall deliver the copy to the mortgagee herewith. The monument shall be recorded at the mortgage's address as soon as the mortgagor receives a value from the real estate. The assessor herewith certifies that the real estate described contained within this mortgage is a home improvement lot within the meaning of s. , and the assessor further declares that all titles to real estate in this property, including the real estate subject to this mortgage recorded as above stated, and which do not fall within this subdivision, have been sold and conveyed to other parties in writing, and that if the real estate is not sold and conveyed again, the assessor is authorized to record the same and the value thereof, and shall send a copy of the certificate back to the mortgagee. [if the property is still unoccupied on the certificate's return, the sheriff