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.
Mo. Rev. Stat. § 443.100
Payment of one or more notes, how cancelled — memorandum on record —..
Known as the Missouri Secure and Fair Enforcement for Mortgage Licensing Act
The act spans §§ 443–443 (128 sections).
Effective: 28 Aug 1994; (RSMo 1939 § 3469, A.L. 1985 H.B. 210, A.L. 1994 H.B. 1312); Prior revisions: 1929 § 3082; 1919 § 2241; 1909 § 2848
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.