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Martin O'Malley, Governor
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Ch. 20
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(date)"
; and
(2) be accompanied by:
(i) the canceled check evidencing final payment,
which shall contain the name of the party whose debt is being
satisfied, the debt account number, if any, and words indicating that
the check is intended as payment in full of the debt being satisfied:
(ii) if the canceled check is unavailable, a check
facsimile, as defined in § 5-513 of the financial institutions article,
that contains the information required under item (i) of this item,
accompanied by a certification from an authorized agent of the
institution on which the check was drawn stating the check
facsimile is a true and genuine image of the original check; or
(iii) if the debt securing the mortgage. deed of
trust, or lien instrument was pah) off by a wire transfer. the wire
transfer remittance advice, which shall:
1. be accompanied by a certification from an
authorized agent of the institution from which the wire transfer
was initiated stating that the document is a true and genuine image
of the original wire transfer confirmation order issued by the
institution; and
2. contain the name of the person for whom
the payoff was made. the name of the institution that was pah) the
money. a truncated version of the number of the account from
which the funds were transferred. a truncated version of the
number of the account to which the funds were transferred. the
Federal Reserve Bank's reference numbers for the wire transfer,
the loan number for the note that was paid off, the amount of the
payoff made by the wire transfer, and the date and time of the wire
transfer.
(d) (3) When the debt is secured by a mortgage, SECURITY INSTRUMENT,
or deed of trust is paid fully or satisfied [, and the canceled check evidencing final
payment or, if the canceled check is unavailable, a copy of the canceled check
accompanied by a certificate from the institution on which the check was drawn
stating that the copy is a true and genuine image of the original check is presented, it]
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-753-
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