§ 50.07  EFFECTS OF FILING NOTICE OF LIEN AND RELEASING LIEN.
   (A)   Filing notice.  After filing notice of the lien in the office of the County Clerk the municipality shall have a lien upon the property described in the notice of lien. The filing of the notice of the lien shall be notice to all the world of the existence of the lien and of the contents of the notice of lien. No such lien shall affect the title or rights to or in any real estate, of any purchase, mortgagee in good faith or judgment lien creditor, without knowledge of the existence of the lien, unless the notice of the lien is filed in accordance with NMSA § 3-36-1 in the office of the County Clerk of the county in which the real estate affected thereby is situated. All municipal liens filed in conformity with NMSA §§ 3-36-1 through 3-36-6 shall be first and prior liens on the property subject only to the lien of general state and county taxes.
   (B)   Releasing lien.  The Municipal Clerk-Treasurer may release a lien against any specific property by:
      (1)   Entering and signing a receipt of payment upon the notice of lien filed in the office of the County Clerk; or
      (2)   Issuing a separate receipt which recites that payment of the lien with any accrued interest and penalty has been made.
   (C)   Foreclosure.  In accordance with NMSA § 3-36-6.
(Ord. 70, passed 6-2-2004)