108 Memorandum in case of extinction of annuity, etc.
of the event or circumstance on which in accordance with the
provisions of any encumbrance the annuity or sum of money
secured by it ceases to be payable, and on proof that all arrears of
the annuity and interest or money have been paid, satisfied or
discharged, the Registrar shall, on the order of a judge, make a
memorandum on the certificate of title that the annuity or sum of
money is satisfied and discharged and shall cancel the instrument
or caveat, and on the memorandum being made the land ceases to
be subject to or liable for the annuity or sum of money.
RSA 1980 cL-5 s109;1999 c10 s21