Missouri Laws 443.100 – Payment of one or more notes, how cancelled — memorandum on record — ..
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Terms Used In Missouri Laws 443.100
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Security instrument: as that term is used in this chapter, shall mean any mortgage, deed of trust or other real property security instrument securing the payment or satisfaction of any debt or other obligation. See Missouri Laws 443.005
In cases where a number of notes are named in any security instrument which was recorded prior to January 1, 1986, on payment of any one or more of such notes, the maker thereof may make affidavit as to such payment, which such affidavit shall refer to the security instrument by book and page of record and contain a description of the land encumbered thereby and shall present the same along with the note or notes to the recorder, and the recorder shall cancel the notes and make a memorandum of such presentation and cancellation on the margin of the affidavit, which shall then be filed for record.