§ 477:31 — Statutory Form for Foreclosure Deed Under Power of Sale

Where a mortgage is foreclosed under a statutory power of sale, the mortgagee may give a deed to the purchaser, whether the purchaser be a stranger or the mortgagee, in the following form:
__________ of __________ County, __________ State of __________ , holder of a mortgage from __________ to __________ dated __________ , recorded in __________ Registry of Deeds, Vol. ___ , page ___ , by the power conferred by said mortgage and every other power, for ___ dollars paid, grant to __________ , (complete mailing address) __________ , of __________ Street, Town (City) of __________ , __________ County, State of __________ , the premises conveyed by said mortgage.
(Here add acknowledgment)
A deed in substance in that form shall, when duly executed and delivered, have the force and effect of a deed in fee simple to the grantee, heirs, successors and assigns, to their own use, with covenants on the part of the grantor, for himself or herself, that, at the time of the delivery of such deed, the grantor was duly authorized to make sale of the premises; that in all of the grantor's proceedings in the sale thereof, the grantor has complied with the requirements of the statute in such case provided; and that the grantor will warrant and defend the same to the grantee, heirs, successors and assigns, against the lawful claims of all persons claiming by, from or under him or her.

Legislative History

1951, 178:9. RSA 477:31. 1965, 125:6. 1977, 366:10. 1981, 303:8. 2006, 7:3, eff. April 11, 2006.