Lyman County Satisfaction of Mortgage Form

Additional South Dakota and Lyman County documents included at no extra charge:

Where to Record Your Documents

---

Cities and Jurisdictions in Lyman County

Properties in any of these areas use Lyman County forms:

• Kennebec
• Lower Brule
• Oacoma
• Presho
• Reliance
• Vivian

---

Use this form to satisfy/discharge a mortgage, typically when it is paid in full.
SOUTH DAKOTA CHAPTER 44-8
REAL ESTATE MORTGAGES
44-8-5. Satisfaction of real estate mortgage--Standard form.

SATISFACTION OF MORTGAGE
________ of ________ state of ________, hereby certifies, that a certain mortgage bearing date the ________ day of ________, 20__, executed by ________ to ________ of ________ upon the following real property situated in the county of ________ in the State of South Dakota, to wit, the _________________________________________
and recorded in the office of the register of deeds of said ________ county, South Dakota, in book ________ of mortgages, page ________, on the ________ day of ________, 20__, at ________ o'clock and ________ minutes ____. M., is, with the indebtedness thereby secured, fully paid, satisfied, and discharged.
Dated this ________ day of ________, 20____.
(Signature) _____________________________
(Acknowledgment)

44-8-14. Discharge of recorded mortgage--Certificate of release, contents, recording, fee.
A recorded mortgage may be discharged upon the records of a register of deeds by filing for record and causing to be recorded at length a certificate signed by the mortgagee or his successor in interest by succession, assignment, representation, or otherwise, acknowledged, or proved and certified as prescribed by the statutes relating to recording acts, fully stating the names of the mortgagor, the mortgagee, the date of the mortgage, the date, county, state, book, and page of record of the mortgage, description of the mortgaged premises or part thereof sought to be released, and that the same are fully and completely released from all lien, force, and effect of the mortgage, or that the same is fully paid, satisfied, or discharged, or partially paid, satisfied, or discharged, and the extent thereof, as the case may be. The register of deeds shall record all such instruments upon the payment of the fee prescribed by law, and shall make note upon the margin of the record of the mortgage to the book and page where the discharge is recorded.

Satisfaction of Mortgages-Requires:
(1) a legal description
(2) a book and page number of the mortgage to be released.
(3) the date of the mortgage
(4) the names of the mortgagors
(5) the name of the mortgagee
(6) execution and acknowledgment in front of a notary
(7) a corporate seal (if no seal, so state on the document "NO SEAL")

(South Dakota Satisfaction Package includes form, guidelines, and completed example) For use in South Dakota only.

Important: Your property must be located in Lyman County to use these forms. Documents should be recorded at the office below.

This Satisfaction of Mortgage meets all recording requirements specific to Lyman County.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable Lyman 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 Lyman County Satisfaction 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 - ( 4782 Reviews )