Section 86.110 - Discharge of record by owner and holder of mortgage note who is not the mortgagee of record.

OR Rev Stat § 86.110 (2019) (N/A)
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(2) Upon receiving the certificate, the recording officer shall record the document and index the document as a satisfaction of mortgage. The record shall have the same effect as a deed of release of the mortgagee duly acknowledged and recorded. [Amended by 1965 c.252 §3; 2001 c.577 §1]