§ 45-36.17. Affidavit of satisfaction: form. - North Carolina Statutes

§ 45‑36.17.  Affidavitof satisfaction: form.

No particular phrasing of anaffidavit of satisfaction is required. The following form of affidavit, whenproperly completed, is sufficient to satisfy the requirements of G.S. 45‑36.16:

"AFFIDAVIT OF SATISFACTION

_________________

(Date of Affidavit)

The undersigned hereby states asfollows:

1.         I am an attorneylicensed to practice law in the State of North Carolina.

2.         I am signing thisAffidavit of Satisfaction to evidence full payment or performance of the obligationssecured by real property covered by the following security instrument (the"security instrument") currently held by ______ (the "securedcreditor"):

Type of security instrument:

Original parties to securityinstrument:

County and state of recording:

Recording data for securityinstrument:

3.         I have reasonablegrounds to believe that the secured creditor has received full payment orperformance of the balance of the obligations secured by the securityinstrument.

4.         With theauthorization of the owner of the real property described in the securityinstrument, I gave notification to the secured creditor by method authorized byG.S. 45‑36.5 that provides proof of receipt that I would sign and recordan affidavit of satisfaction of the security instrument if, within 30 daysafter the effective date of the notification, the secured creditor did notsubmit a satisfaction of the security interest for recording or givenotification that the secured obligation remains unsatisfied.

5.         [Check appropriate box]

[ ] The 30‑day periodidentified in paragraph 4 has elapsed, I have no knowledge that the securedcreditor has submitted a satisfaction for recording, and I have not receivednotification that the secured obligation remains unsatisfied.

[ ] The secured creditorresponded to the notification in paragraph 4 by authorizing me to execute andrecord this Affidavit of Satisfaction.

____________________________

(Signature of Satisfaction Agent)

[Acknowledgment before officerauthorized to take acknowledgments]"

(2005‑123,s. 1.)