When a mortgage debt is paid, the mortgagor signs a document stating that the mortgage debt is satisfied.

Name: When a mortgage debt is paid, the mortgagor signs a document stating that the mortgage debt is satisfied.
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When a mortgage debt is fully paid off, the mortgagor (the borrower) typically signs a document known as a mortgage satisfaction or a mortgage release, indicating that the debt secured by the mortgage has been fully satisfied and the lien on the property is released.

When a Mortgage Debt Is Paid, the Mortgagor Signs a Document