[jenniferlippy]

We use Laser Pro loan software since 8/2015 and our bank attorney is now saying that the front page of the Kentucky mortgage is required to have the maturity date of the mortgage on it. Laser Pro puts the maturity date of the note and the date of the mortgage but not the maturity date of the mortgage. I looked online and what I find in the law says it is required to have the maturity date of the obligation, which in my mind is the note and what we have is correct. Just looking for some guidance.

[jholzknecht]

This is not a new issue. That is a quirk in Kentucky law that I am certain LaserPro dealt with decades ago.

Generally the maturity date of the mortgage and the maturity date of the obligation are the same. In some cases such as a balloon note that may not be true. Sounds like your attorney and Laser Pro need to have a conversation.

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