This Notice of Payout of Mortgage is from a mortgage borrower to a mortgage lender informing the lender that a mortgage will be paid off and to request a detailed pay-off statement. This notice sets out the names of the parties, the address of the mortgaged property and the date on which the mortgage will be paid in full. It is important that this notice be sent in writing so that the lender will have notice of the payoff and borrower will have a current and correct pay-off amount.

This Notice of Payout of Mortgage includes the following:

• Lender: Sets out the name of the mortgage lender;
• Mortgage: Sets out the date of the mortgage and a brief description or address of the mortgaged property;
• Notice: Sets out that borrower is requesting a payoff statement for the mortgage and the specific date the mortgage will be paid;
• Signature: The mortgage borrower must sign and date the notice.

Protect Your Rights and Your Property by using our attorney-prepared forms.

This attorney-prepared packet contains:

1. General Instructions
2. Notice of Payout of Mortgage

State Law Compliance: This form complies with the laws of all states