The instructions for Form 3749: Maine MERS Mortgage Assignment, of which our Cx1529 is a copy, state that “Lenders MAY revise the second paragraph under “DEFINITIONS” to include recording information for the mortgage being assigned, such as the document number or book/volume and page number, if such information is available.”
Consequently, we are modifying Cx1529 such that, if the recording book and page number of the mortgage being assigned is provided, the information will be added to the document. Specifically, if field 97270 “Security Instrument Recorded In Book” or 97271 “Security Instrument Recorded On Page” is sent, the “Mortgage” definition of the document will read:
“Mortgage” means the mortgage assigned hereunder, namely that certain Mortgage, dated __________________, ____, from Borrower to Lender and recorded in the ________________________ County, Maine, Registry of Deeds, Book _________, Page _________.”
Please note that the non-MERS version of Cx1529 already contains this information.
This change will be in effect on April 28, 2018. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.
DR 260369
Update: Upon further research, we are changing the logic to print blank lines for book and page, even if the fields are not populated. This change will take effect immediately.
DR 261831