AN ACT RELATIVE TO MORTGAGE DISCHARGES.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
Section 54 of chapter 183 of the General Laws, as most recently amended
by section 18 of chapter 580 of the acts of 1959, is hereby further amended
by inserting after the third sentence the following sentence:- The
recordation of a duly executed and acknowledged deed of release or written
acknowledgment of payment or satisfaction as provided herein shall be
conclusive evidence that the mortgage has been discharged notwithstanding
the fact that the party signing such instrument may have assigned the note
or other evidence of debt to another party, unless such assignment had been
duly recorded prior to the instrument discharging the mortgage.