Lender Requirement Or Law?

[danno6925]

I often see mortgages (in New Jersey) containing the phrase "signed sealed and delivered in the presence of:". Under this there is a signature line for the witness. The reason I have a question regarding this is concern over returned documents from the county courthouse.

Is this similar to Deeds in NJ which don't have to be witnessed (and can therefore be ignored)? Maybe this is a lender requirement? Is there a state or local statue regarding this?

Any opinions on this are welcome.

[HomeGuru]

Originally Posted by danno6925

I often see mortgages (in New Jersey) containing the phrase "signed sealed and delivered in the presence of:". Under this there is a signature line for the witness. The reason I have a question regarding this is concern over returned documents from the county courthouse.

Is this similar to Deeds in NJ which don't have to be witnessed (and can therefore be ignored)? Maybe this is a lender requirement? Is there a state or local statue regarding this?

Any opinions on this are welcome.

**A: you did not specify the exact mortgage document you are referring to.
The mortgage must be notarized for recordation purposes. The mortgage note need not be notarized.

[danno6925]

I'm referring to the mortgage itself (not the note).
I know a mortgage requires notarization (usually on the last page of the mtg.), but that doesn't answer the question:

Is the signature on the line I referred to in the original post required by a lender or by a statute?

Will courthouses turn away mortgages without this field left blank?