I. When a mortgage upon real estate is satisfied, the mortgagee shall give the mortgagor a discharge thereof. Said discharge shall be in the form of a written document and shall be signed by the mortgagee, his executor, administrator, successor, or assign whose signature shall be witnessed or acknowledged and shall be sufficient when substantially in the following form:
(Form for Mortgage Discharge)
For value received, __________ , holder of a mortgage from __________ to __________ , dated __________ and recorded in __________ County Registry of Deeds at Book __________ , Page __________ , hereby discharges the said mortgage.
(1) Witness my hand this __________ day of __________ , 20 __________ Witness:
or