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Assignment of Mortgage

Template containing Assignment of Mortgage Download at www.gazhoo.com

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madhubose01
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136 views

Assignment of Mortgage

Template containing Assignment of Mortgage Download at www.gazhoo.com

Uploaded by

madhubose01
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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ASSIGNMENT OF MORTGAGE

THIS ASSIGNMENT OF MORTGAGE (hereinafter referred to


as the "Assignment") is

made as of this _______ day of ___________________,


200(x) by

__________________________________________,
whose address is

_________________________________________
(hereinafter referred to as the

"Assignor") for the benefit of


_______________________________, whose address

is
_______________________________________________
_ (hereinafter referred to as the Assignee)

WITNESSETH:

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 by


__________________________________ as "Mortgagor",
which Mortgage is recorded on the Public Records of
_____________ County, _________________ at O.R.
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.

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.

2. Warranties and Representations. Assignor hereby


warrants and represents that it is the present holder of the
above described Mortgage and that there are no other
holders of said Mortgage or any interest therein nor is there
any default by mortgagor therein or in the note and debt
secured thereby.

3. Governing Law. This Assignment shall be governed,


construed and interpreted by, through and under the laws
of the State of ______________________.

4. Headings. Paragraph headings contained herein are for


convenience of reference only and are not to be used in the
construction or interpretation hereof.

IN WITNESS WHEREOF, Assignor has executed and


delivered this Assignment to Assignee on the date hereof.

"Assignor"

_______________________
_______________________,

_________________________________

STATE OF _______)

COUNTY OF _________)

THE FOREGOING instrument was acknowledged before me

this _______day of ____________, 200(x), by

__________________________________________
Notary Public

My Commission Expires: _______

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