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SATISFACTION OR RELEASE
To be filed and recorded in accordance with 46 CFR, Part 67, Subpart S (67.265), a Release or Satisfaction must:
- Recite the: Name and official number of the vessel
Name of each mortgagor, if any
Name of each mortgagee or claimant and
The total amount of the mortgage or claim of lien
- Include information which clearly identifies the mortgage or claim of lien being released; such information normally consists of the book/batch and page/ID, where mortgage or claim was recorded.