ASSIGNMENT OF NOTE AND MORTGAGE

 

            KNOW ALL MEN BY THESE PRESENTS, that on this          day of                , 19     , for valuable consideration, the receipt of which is hereby acknowledged,                                                                                 (hereinafter referred to as the "Assignor") of                                                                                                               , does hereby (WITH/WITHOUT RECOURSE) grant, bargain, sell, assign, convey, transfer, and set over unto                                                                                     (hereinafter referred to as the "Assignee") of                                                                                                   , all of its right, title,  and  interest in  and to that certain Promissory Note and            Mortgage dated                  , 19    , originally granted by                                                                              to                                                                   , and providing for repayment of an obligation in the original principal amount of $               , payable in                           installments of $             each, beginning                     , 19     , with a final balloon payment of $                 due on                     , 19     .

 

            Said Promissory Note and                Mortgage were recorded

on the        day of                  , 19     , in Book                 , Page(s)                     , of the Office of the Recorder of                   County, State of                   ,

ASSIGNMENT OF NOTE AND MORTGAGE

Page 2

 

 

upon the following described parcel of land, situate as follows:

 

 

 

            The Assignor represents, covenants, and warrants that there is now owing upon said Promissory Note and                 Mortgage, without offset or defense of any kind, the principal sum of $               , with interest thereon at the rate of      % per annum from the date of                  , 19     .

 

            This Assignment shall pertain to the entire remaining balance due on the Promissory Note, beginning with the                   , 19      payment.

 

            IN WITNESS WHEREOF, the Assignor has executed this Assignment on the day and year first above stated.

 

WITNESS:                                                                  SIGNED:

 

 

                                                                                                                                                Assignor

                              

 

 

                                                                                                                                                Assignor

                              

 

ASSIGNMENT OF NOTE AND MORTGAGE

Page 3

 

 

(State of                   , County of                    ) SS:

 

            BEFORE ME, a Notary Public, in and for said county and state, personally came                                                                            , the Assignor in the foregoing instrument, who acknowledged the signing thereof to be (his, her) voluntary act and deed.

 

            IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed my official seal on this        day of                   ,

19     , at                      ,                         .

 

 

                                                                                                                                                                                                Notary Public

 

(Seal)

(Exp. Date)

 

 

 

 

 

(State of                   , County of                    ) SS:

 

            BEFORE ME, a Notary Public, in and for said county and state, personally came                                                                            , the Assignor in the foregoing instrument, who acknowledged the signing thereof to be (his, her) voluntary act and deed.

 

            IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed my official seal on this        day of                   ,

19     , at                      ,                         .

 

 

                                                                                                                                                                                                Notary Public

 

(Seal)

(Exp. Date)