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Small
Business Home >> Useful
Standard Legal Documents >>
Assignment of Mortgage Financial Form
THIS ASSIGNMENT OF MORTGAGE (hereinafter referred to as the
"Assignment") is made as of this _(1)_ day of ___(2)___,
19_(3)__ by ________(4)______________, whose address is _______________(5)__________________
(hereinafter referred to as the "Assignor") for
the benefit of _______(6)________, whose address is __________(7)______________
(hereinafter referred to
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 _________(8)____________ Dollars ($_________)
given by _______________(9)___________________ as "Mortgagor",
which Mortgage is recorded on the Public Records of _______(10)______
County, ____(11)_____ at O.R. Book __(12)__, Page __(13)__
and which Mortgage encumbers and is a lien upon that certain
real property described in Exhibit "A" attached
hereto and by this reference made a part hereof (hereinafter
referred to as the "Premises"); and,
WHEREAS, Assignor is desirous of assigning said Mortgage,
together with the Note and the debt therein described, to
Assignee; and
WHEREAS, Assignee is desirous of receiving and holding said
Mortgage, together with the Note and the debt therein described,
from Assignor.
NOW, THEREFORE, for and in consideration of the sum of ______________(14)______________
Dollars ($___________) 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 ____(15)____.
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.
Witnesses: "Assignor"
________(17)___________ ___________(16)____________,
________(17)___________
STATE OF ___(18)____) ) COUNTY OF __(19)____)
THE FOREGOING instrument was acknowledged before me this
__(20)_day of ______(21)______, 19 (22), by ____(23)______.
____________(24)______________ Notary Public
My Commission Expires: _______
NOTICE
The information in this document is designed to provide an
outline that you can follow when formulating business or personal
plans. Due to the variances by many local, city, county and
state laws, we recommend that you seek professional legal
counseling before entering into any contract or agreement.
If this document is of use
to you, please provide a link back to Hoover Web Design.
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