Las inscripciones de hipoteca constituidas para garantizar obligaciones representadas por instrumentos negociables o títulos transferibles por endoso o pagaderos al portador, se cancelarán total o parcialmente mediante escritura otorgada por la persona con derecho a exigir el cumplimiento del instrumento de los títulos expresados.
Solamente en los casos de prescripción de hipoteca no será necesaria la cancelación del instrumento conforme lo antes indicado.
Aun cuando se haya extinguido el crédito hipotecario y salvo el caso dispuesto en la sec. 6163 de este título, los registradores no cancelarán la inscripción de la hipoteca sino en virtud de escritura pública según establecido en esta sección.
En las escrituras de cancelación de instrumentos negociables pagaderos a la orden o títulos transferibles por endoso será obligación del notario hacer constar que el compareciente es una persona con derecho a exigir el cumplimiento del instrumento. En todo caso deberá hacerse constar en la escritura la identificación de los instrumentos y su inutilización o reducción parcial en el acto del otorgamiento.
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