Indiana § 32-30-10-6 Satisfaction of judgment; recording; recorder's fee

Indiana Statutes

§ 32-30-10-6 — Satisfaction of judgment; recording; recorder's fee

Indiana·Title 32 PROPERTY·Art. 30 CAUSES OF ACTION CONCERNING REAL·Ch. 10 Mortgage Foreclosure Actions

Upon:

(1)the foreclosure of a recorded mortgage in a court of any county having jurisdiction in Indiana; and

(2)the payment and satisfaction of the judgment as may be rendered in the foreclosure proceeding; the prevailing party shall immediately after satisfaction of the judgment record the satisfaction of the mortgage on the records of the recorder's office of the county where the property is located. The record in foreclosure and satisfaction must show that the whole debt, secured by the mortgage, has been paid. The recorder must be paid a fee of not more than the amount specified in IC 36-2-7-10(c)(1) in each case of foreclosure requiring satisfaction. [Pre-2002 Recodification Citation: 32-15-6-4.]

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Upon:
(1) the foreclosure of a recorded mortgage in a court of any
county having jurisdiction in Indiana; and
(2) the payment and satisfaction of the judgment as may be
rendered in the foreclosure proceeding;
the prevailing party shall immediately after satisfaction of the judgment
record the satisfaction of the mortgage on the records of the recorder's
office of the county where the property is located. The record in
foreclosure and satisfaction must show that the whole debt, secured by
the mortgage, has been paid. The recorder must be paid a fee of not
more than the amount specified in IC 36-2-7-10(c)(1) in each case of
foreclosure requiring satisfaction.
[Pre-2002 Recodification Citation: 32-15-6-4.]

Indiana § 32-30-10-6 (Satisfaction of judgment; recording; recorder's fee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.