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A satisfaction of mortgage form is a document created by the mortgage holder (Mortgagey) to confirm that the mortgage obligation has been fully satisfied or paid by the debtor (mortgager). Once signed, this form is typically filed with the original mortgage document or a certified copy at the land or county registry. The form generally includes the names of both parties, the docket and page number or recording number of the mortgage, the total mortgage amount, an acknowledgment of satisfaction, and details on the payment date and amount.
