Assignment of Mortgage


THIS ASSIGNMENT OF MORTGAGE (hereinafter referred to as the
"Assignment") is made as of this _(1)_ day of ___(2)___,
20_(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

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)____________,


STATE OF ___(18)____)
COUNTY OF __(19)____)

THE FOREGOING instrument was acknowledged before me this
__(20)_day of ______(21)______, 20__(22)__, by ____(23)______.

                                             Notary Public

    My Commission Expires: _______


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.

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