Failure to provide the Coast Guard with an acknowledged
certificate of discharge of the indebtedness on full and final
discharge of the indebtedness under a recorded mortgage may
subject the mortgagee to a civil penalty of not more than $10,000
(46 U.S.C. 31309/31321(f)).
GRANTOR. FOR PURPOSES OF THIS FORM, GRANTORS INCLUDE MORTGAGORS, ASSIGNORS, PERSONS ASSUMING MORTGAGES, PERSONS GRANTING SUBORDINATION OF MORTGAGES. LIST ALL GRANTORS AND ADDRESSES.
GRANTEE. FOR PURPOSES OF THIS FORM, GRANTEES
INCLUDE MORTGAGEES, ASSIGNEES, PERSON FROM WHOM
MORTGAGES ARE ASSUMED, AND PERSON TO WHOM
SUBORDINATION OF MORTGAGES ARE GRANTED. LIST ALL
GRANTEES AND ADDRESSES.
CAPACITY (E.G., OWNER, AGENT, TRUSTEE, GENERAL PARTNER, CORPORATE OFFICER, MEMBER)
Deletion from USCG Documentation