Source: http://delcode.delaware.gov/sessionlaws/ga139/chp190.shtml
Timestamp: 2014-11-27 11:54:35
Document Index: 98554710

Matched Legal Cases: ['§ 2120', '§ 2120', '§ 2120', '§ 2120', '§ 2120', '§ 2119', '§ 2120', '§ 2120', '§ 2120']

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE DELAWARE:
Section 1. Amend § 2120(a)(9), Title 25 of the Delaware Code, by inserting "or mortgage loan servicer" between the words "creditor" and "who" as they appear
Section 2. Amend § 2120(a)(10), Title 25 of the Delaware Code, by striking its entirety as it appears therein and by substituting in lieu thereof the following:
"(10) If the fully paid creditor or mortgage loan servicer is other mortgagee of record on the date of full payment, a statement by the an, signature appears on the affidavit that (i) the attorney was provided with a written payoff statement by the creditor or mortgage loan servicer, (ii) the attorney relied upon the written payoff statement, and (iii) the attorney made payment or caused p: made of the outstanding debt to the creditor or mortgage loan servicer;".
Section 3. Amend § 2120(a)(11), Title 25 of the Delaware Code, by insert] (,) between the phrases "mortgage 'payoff figure— and "the open line" as they appear therein.
Section 4. Amend § 2120(a)(14), Title 25 of the Delaware Code, by striking entirety as it appears therein and by substituting in lieu thereof the following:
"(14) That the affiant attorney has fully paid or has caused to be f debt to the creditor or to the mortgage loan servicer and retains evidence of that payment;".
Section 5. Amend § 2120(e), Title 25 of the Delaware Code, by striking DEL.C. § 2119" as it appears in the title of the form of mortgage satisfaction affidavit and by substituting in lieu thereof the phrase "25 DEL.C. § 2120".
Section 6. Amend § 2120(e) by striking Paragraphs (9), (10), and (14) o; mortgage satisfaction affidavit in their entireties as they appear therein and by substituting in lieu thereof respectively the following:
"(9) The full name and address of the creditor or mortgage loan servicer who was fully paid is _________________;
"(0) "_________________________, who is the creditor or mortgage loan was fully paid is other than___________________, the last mortgagee in interest which appeared of record on the date of said payment. I did, however, obtain a written statement from the creditor or mortgage loan servicer on account of said n in accordance with and in reliance on the payoff statement, I made payment to be made of the outstanding debt to the creditor or mortgage lo and
"(14) I fully paid or caused to be fully paid such debt to the creditor or mortgage loan servicer and I retain evidence of that payment;".
Section 7. Amend § 2120(e) by striking the phrase "in the mortgage" therein between the phrases "in the mortgage" and "record, volume and page" in P of the form of mortgage satisfaction affidavit.
Approved July 16, 1997