Schoolcraft County Partial Discharge of Mortgage Form

Additional Michigan and Schoolcraft County documents included at no extra charge:

Where to Record Your Documents

---

Cities and Jurisdictions in Schoolcraft County

Properties in any of these areas use Schoolcraft County forms:

• Cooks
• Germfask
• Gulliver
• Manistique
• Seney

---

Use this form to release a portion of property secured by a mortgage and promissory note. Example: borrower has financed 5 lots for $100,000.00 which has since been paid down to a balance of $30,000.00. Borrower approaches Lender and would like the lender to release lot #3 because he has it sold. The lender might think, ok - he will owe me $30,000.00 on the remaining 4 lots, I consider this a good risk. The same can also be applicable to condominiums, apartments, parcels, etc.

This form is used by the (mortgagee or the personal representative, successor, or assign of the mortgagee), who (shall prepare a discharge of the mortgage, file the discharge with the register of deeds for the county where the mortgaged property is located, and pay the fee for recording the discharge.) (565.41 Sec. 41(1)) A mortgagee is often referred to as a lender.

(Michigan PDOM Package includes form, guidelines, and completed example)

Important: Your property must be located in Schoolcraft County to use these forms. Documents should be recorded at the county recording office listed above.

This Partial Discharge of Mortgage meets all recording requirements specific to Schoolcraft County.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable Schoolcraft County recording format requirements. If there is a rejection caused by our formatting, we will correct the issue or refund your payment. This guarantee applies to document formatting only and does not extend to information entered by the user, the selection of the form, or the legal effect of the completed document.

Save Time and Money

Get your Schoolcraft County Partial Discharge of Mortgage form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

4.8 out of 5 - ( 4,828 Reviews )