Assignment of Promissory Note

Assignment of Lender's interest in a Promissory Note as Security for obligations to Assignee.

Details:

Assignment of Lender's interest in a Promissory Note as Security for obligations to Assignee.

Form Outline:

Assignment of Promissory Note

THIS ASSIGNMENT dated...

WHEREAS pursuant to a promissory note (the "Note")...;

AND WHEREAS the Assignor has agreed to...;

NOW THEREFORE in consideration of the premises... Note upon the following terms and conditions:

1. The Assignor has assigned the Note...

2. In the event that the Assignor shall repay the Indebtedness...

3. The Assignor covenants with the Assignee that...

4. Upon payment of the monies owing under the Note...

5. It shall not be incumbent upon the Assignee to sue...

6. The provisions of this Assignment shall...

IN WITNESS WHEREOF the Assignor has...

Witness

Assignor

Quantity:

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Updated October 2012