North Carolina General Statutes Chapter 45. Mortgages and Deeds of Trust § 45-36.21. Trustee's satisfaction of deed of trust: form

(a) Standard Form.--No particular phrasing is required for a trustee's satisfaction of a deed of trust. The following form, when properly completed, is sufficient to satisfy the requirements of G.S. 45-36.20:

“TRUSTEE'S SATISFACTION OF DEED OF TRUST

(G.S. 45-36.20; G.S. 45-37(a)(7))

The undersigned is now serving as the trustee or substitute trustee under the terms of the deed of trust identified as follows:

Original Grantor(s): (Identify original grantor(s) or trustor(s))

Original Secured Party(ies): (Identify the original beneficiary(ies) or secured party(ies) in the deed of trust)

Recording Data: The deed of trust is recorded in Book ․․․․ at Page ․․․․ or as document number ․․․․․․․․ in the office of the Register of Deeds for ․․․․․․․․․․ County, North Carolina.

This satisfaction terminates the effectiveness of the deed of trust.

[Acknowledgment before officer authorized to take acknowledgments]”

(b) Alternate Form.--A trustee and secured creditor who would like to indicate that the underlying obligation secured by the deed of trust has been extinguished may use the following form, which, when properly completed, is also sufficient to satisfy the requirements of G.S. 45-36.20:

“TRUSTEE'S SATISFACTION OF DEED OF TRUST

AND

CREDITOR'S RELEASE

(G.S. 45-36.20; G.S. 45-37(a)(7))

The undersigned is now serving as the trustee or substitute trustee under the terms of the deed of trust identified as follows:

Original Grantor(s): (Identify original grantor(s) or trustor(s))

Original Secured Party(ies): (Identify the original beneficiary(ies) or secured party(ies) in the deed of trust)

Recording Data: The deed of trust is recorded in Book ․․․․ at Page ․․․․ or as document number ․․․․․․․․ in the office of the Register of Deeds for ․․․․․․․․․․ County, North Carolina.

This satisfaction terminates the effectiveness of the deed of trust.

[Acknowledgment before officer authorized to take acknowledgments]”.