Iowa Code 257B.30 – Release of mortgage
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Terms Used In Iowa Code 257B.30
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The auditor shall, when the debt is paid, release any mortgage or issue a certificate of purchase, as the case may be, and report the same to the board of supervisors at its next meeting, which report shall be carried into the records of the board.