140.560. Release of lien by holder upon payment. - Missouri Statutes

Release of lien by holder upon payment.

140.560. Every person holding a lien upon any real estate inthis state by virtue of any illegal or invalid tax deed, shall,upon the payment or tender to him by the owner or any personhaving an interest in such real estate, of the full amount ofsaid lien, together with the sum of one dollar and twenty-fivecents, and together with any sum that may be due him as anoccupying claimant, make, execute and acknowledge before someofficer authorized to take acknowledgment of deeds, and deliverto the person making such payment or tender a deed of release,releasing to the owner of such real estate all claims the holderof such invalid tax deed has on such real estate on account ofsuch tax deed; and upon the failure of the holder of such liento execute such deed of release as herein provided for, afterdemand, he shall be subject to an action in any court ofcompetent jurisdiction to quiet the title of such real estate asagainst such lien, in favor of the person making such payment ortender, and shall be liable in said action for all costs accruingtherein including a reasonable fee for the plaintiff's attorneyin such action.

(RSMo 1939 § 11158)