Pennsylvania Act 1909-186 — RECORDING OF DEEDS REQUIREMENTS

Act text

RECORDING OF DEEDS REQUIREMENTS
                 Act of Apr. 29, 1909, P.L. 289, No. 186              Cl. 68
                                  AN ACT

     Directing the Recorder of Deeds of each county of this
        Commonwealth to refuse for record all mortgages, assignments
        of mortgages, and agreements for the payment of money, unless
        a certificate is attached to said instruments giving the
        precise residence of the mortgagees, assignees, and persons
        entitled to interest, and requiring a list thereof to be
        delivered to the proper Board of Revision of Taxes, or other
        officials charged with the assessment of State tax.

        Section 1.  Be it enacted, &c., That for the purpose of
     obtaining with accuracy the precise residence of all mortgagees,
     assignees, and persons to whom interest is payable on articles
     of agreement, it shall be the duty of the recorder of deeds in
     each county, whenever a mortgage, assignment, or agreement given
     to secure the payment of money, shall be presented to him for
     record, to refuse the same, unless the said mortgage,
     assignment, or agreement has attached thereto, and made part of
     said mortgage, assignment, or agreement, a certificate signed by
     said mortgagee, assignee, or person entitled to interest, or
     his, her or their duly authorized attorney or agent, setting
     forth the precise residence of such mortgagee, assignee, or
     person entitled to interest; said certificate to be recorded
     with said mortgage, assignment, or agreement; and therefrom the
     said recorder shall prepare and  deliver, at stated intervals,
     to the proper Board of Revision of Taxes, or other officials
     charged with the assessment of State tax, a list of said
     mortgages, assignments, and agreements, with the names and
     residences of said mortgagees, assignees, or persons entitled to
     interest, with the amount and date of said mortgages,
     assignments, and articles of agreement, with the date of
     recording and the properties upon which the debts are secured.