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1994 SESSION
LD6570360Be it enacted by the General Assembly of Virginia:
1. That § 55-66.4:1 of the Code of Virginia is amended and reenacted as follows:
§ 55-66.4:1. Permissible form for certificate of satisfaction or certificate of partial satisfaction.
Any release by a certificate of satisfaction or certificate of partial satisfaction shall be in conformity with §§ 55-66.3, 55-66.3:1 and 55-66.4 and shall conform substantially with the following forms:
CERTIFICATE OF SATISFACTION Place of Record ..................................................... Date of Note/Deed of Trust .......................................... Face Amount Secured/Face Amount of Note: ............................ Deed Book ......... Page ............................................ Name(s) of Grantor(s)/Maker(s); ..................................... Name(s) of Trustee(s) ...............................................Maker(s) of Note(s) .................................................[Date of Note(s) ...................................................]Face Amount of Note(s) $ ............................................ I/we, holder(s) of the above-mentioned note(s) secured by the above-mentioned deed of trust to be produced before the clerk, do hereby certify that the same has/have been paid in fulland the lien therein created and retained is hereby released. GIVEN UNDER MY/OUR HAND(S) THIS ......... DAY OF ................., 19.. ................................... ................................... (NOTE HOLDERS) Commonwealth of Virginia, County/City of .................... to wit: Subscribed, sworn to and acknowledged before me by ................ this .................... day of .................. 19............... My Commission Expires: ............................................. .......................................................... NOTARY PUBLIC I certify that the note(s) mentioned in the foregoing certificate duly cancelled was/were produced before the Clerk. Attest: ............................, Deputy Clerk VIRGINIA; IN THE CLERK'S OFFICE OF THE CIRCUIT COURT This certificate was presented, and with the Certificate annexed, admitted to record on ................... at ........ o'clock .....m. Clerk's fees: $ ........ have been paid. Attest: ............................, Deputy Clerk or: CERTIFICATE OF PARTIAL SATISFACTION Place of Record ..................................................... Date of Deed of Trust ............................................... Deed Book ......... Page ............................................ Name(s) of Grantor(s) ............................................... Name(s) of Trustee(s) ............................................... Maker(s) of Note(s) ................................................. Date of Note(s) ..................................................... Face Amount of Note(s) $ ............................................ The lien of the above-mentioned deed of trust securing the above-mentioned note is released insofar as the same is applicable to ........... (description of property) recorded in deed book ...... at page ........ in the clerk's office of this court. The undersigned is/are the legal holder(s) of the obligation, note, bond or other evidence of debt secured by said deed of trust. Given under my/our hand(s) this ......... day of ..........., 19... ................................... ................................... (NOTE HOLDERS) Commonwealth of Virginia, County/City of .................... to wit: Subscribed, sworn to and acknowledged before me by ................ this .................... day of .................. 19............... My Commission Expires: ............................................. .......................................................... NOTARY PUBLIC
Notwithstanding the provisions of § 17-60.1, the clerk shall note on the margin of the deed book where a deed of trust is recorded, a reference to the deed book and page number where the certificate of satisfaction or certificate of partial satisfaction is recorded. The provisions of this paragraph shall not apply to procedural microfilm recording and microfilmed records.
Certificates conforming to this section prior to the amendment effective July 1, 1984, shall be deemed to be in substantial conformity thereto.