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ASSIGNMENT OF MORTGAGE
THIS ASSIGNMENT OF MORTGAGE
(hereinafter referred to as the "Assignment") is made as of this _____ day of
_________, 20______ by _________________________, whose address
is________________________________ (hereinafter referred to as the "Assignor")
for the benefit of __________________, whose address is
___________________________
(hereinafter referred to
Assignee)
W I T N E S S E T H :
WHEREAS,
Assignor is the holder of that certain Mortgage together with the debt and Note
secured thereby, in the original principal sum of ________________________
Dollars ($_________) given ________________________________ as "Mortgagor",
which Mortgage is recorded on the Public Records of ________________ County,
____________ at State of _____________, Book _______, Page _______ and which
Mortgage encumbers and is a lien upon that certain real property described in
Exhibit "A" attached hereto and by this reference made a part hereof
(hereinafter referred to as the "Premises"); and,
WHEREAS,
Assignor is desirous of assigning said Mortgage, together with the Note and the
debt therein described, to Assignee; and
WHEREAS,
Assignee is desirous of receiving and holding said Mortgage, together with the
Note and the debt therein described, from Assignor.
NOW, THEREFORE, for and in consideration of the sum of
_______________________________ Dollars ($___________) paid by Assignee, and
other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged by Assignor, Assignor does hereby make the following
assignment:
1. Assignment. Assignor has
granted, bargained, sold, assigned, conveyed and transferred, and by these
presents does grant, bargain, sell, assign, convey and transfer unto Assignee,
its heirs, successors and assigns, forever all of its right, title and interest
in, to and under said Mortgage described above, together with the debt and Note
secured thereby; together with any and all rights, interests and appurtenances
thereto belonging; subject only to any right and equity of redemption of said
Mortgagor, its successors or assigns in the same.
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