Posted by Robert/FL on 5/26/10 11:59am
Msg #338324

LA Notaries: what does a paraph look like? n/m

Reply by PAW on 5/26/10 12:52pm
Msg #338334

Not limited to LA notaries.

See http://bkmarcus.com/blog/images/dictionary/paraph.jpg for examples.

Reply by Robert/FL on 5/26/10 12:56pm
Msg #338335

Re: Not limited to LA notaries.

I'm curious to know what it looks like when a notary adds a paraph to a mortgage note. We had a discussion last week about the phrase "Ne Varietur" and paraphs were mentioned.

Reply by jba/fl on 5/26/10 4:44pm
Msg #338399

Re: Not limited to LA notaries.

"when a notary adds a paraph to a mortgage note."

We typically do not notarize notes, only the mortgage (DOT in some states). I cannot add to my signature, nor can I take away from my signature, as it is on file the way I signed my application. That is all that I am able to use upon notarizing. Had I put one in on my application, then it would be part of my signature. Since signatures are very individual, then it would be whatever the individual would have created.

I'm afraid there is no pat, or definitive, answer to this question beyond this.

Reply by Notarysigner on 5/26/10 6:05pm
Msg #338413

Re: Not limited to LA notaries.

I was wondering the same..hanks Julie

Reply by Bravo on 5/26/10 7:48pm
Msg #338436

Re: Not limited to LA notaries.

What the heck is a paraph?

Reply by Sylvia_FL on 5/26/10 9:25pm
Msg #338456

Re: Not limited to LA notaries. - bravo

Found this earlier under an article on LA lending laws - would have posted it but have been without the computer since I found it (bad router, husband just replaced it)

There are two basic documents under an ordinary conventional mortgage: (1) the real estate mortgage itself, and (2) a real estate mortgage note or notes. The real estate mortgage must contain a full description of the mortgage note, including the note’s amount and maturity date. Although no longer required, the mortgage note may also contain a special “stamp” or legend identifying or linking the mortgage note with the mortgage. This is known as a “paraph” and is headed by the Latin inscription “ne varietur.” On occasion the mortgage note may be referred to as the “ne varietur note.”

Reply by jba/fl on 5/27/10 6:05am
Msg #338470

Well, now I have to alter my comment -

and qualify it. In most cases, except possibly LA, etc.

Interesting read Sylvia. Here's another of my "learned something new today."

Reply by C. Rivera Chicago Notary Services on 5/26/10 12:56pm
Msg #338336

well done PAW... n/m

Reply by MarcyLA on 5/26/10 5:00pm
Msg #338405

Re: Paraph

A paraph states:

"Ne Varietur" for identification with an Act of Mortgage passed this ___day of ____, 20___.
_______________________________
Notary Signature and ID#
Commissioned for life.

Notary signs and embosses the document. While the notary's signature is the "seal," the embosser is used when docs leave LA...it makes out of state companies happy.

When I receive a note that does not have the paraph language on the signature page, I prepare and sign an "allonge to the note" for the lender's file. They don't always want me to stamp language on the note because they see this as altering the doc..the language is required in the event of default to the loan can be foreclosed on in a timely manner.

Hope this helps!

Reply by Robert/FL on 5/26/10 8:40pm
Msg #338447

Thanks Marcy, that's closer to what I was looking for

But I was under the impression that the paraph was some stamp or symbol, in addition to the "ne Varietur" language. I came across an old post saying that paraphs could be used by notaries in all states to associate attachments with the notarized document, or something like that.