For Download in Word Format. Discover our mortgage lien release (satisfaction of mortgage) form and ensure legal compliance and smooth transitions with a free template.Edit, sign, and share lien payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free. The first step in paying off the remainder of your loan early and getting a mortgage lien released is requesting a payoff letter from your lender. A mechanic's lien is a formal notice, filed with a court, indicating a financial interest in a property. Download a template here. The party owed should include language that motivates the debtor to make payment. If manual computations are needed, complete the computation and, if needed, update the ALS Payoff Utility letter. Conditional Lien Waiver Release.