Paraph, Ne varietur

A paraph is a signature by a notary on the evidence of an obligation, typically a COLLATERAL MORTGAGE NOTE, to identify the note with the COLLATERAL MORTGAGE securing the note. The phrase “ne varietur,” Latin for “it must not be altered,” is traditionally used in the paraph. Paraphing means that the notary signs the note with his official signature, thereby certifying to the note’s genuineness. By paraphing the note `ne varietur,’ the notary binds and identifies the note with the act of mortgage. Paraphing is no longer required for EXECUTORY PROCESS . The collateral mortgage will typically recite that collateral mortgage note “has been paraphed `Ne Varietur’ for identification with this act . . . .” The paraph itself, appearing at the end of the collateral mortgage note, can read as follows:
“Ne Varietur” For identification with an Act of Mortgage, dated the ___ day of __, 20__, passed before me, the undersigned Notary.

Author: international