Fill and Sign the Assignment of Promissory Note Form

ASSIGNMENT OF PROMISSORY NOTE AND LIENS State: _____________________________ County: _____________________________ Lienholder: _____________________________ (Name and Address) Transferee: _____________________________ (Name and Address) Effective Date: _____________________________ On _____________________________ (Date) , _____________________________ , as Maker, executed a promissory note (the "Note") in the principal amount of $ _________ , to _____________________________ , as Payee. The Payee is one and the same as Lienholder named above. The Note, as of the Effective Date stated above, has unpaid principal of $ _________ , together with any interest that has accrued on the unpaid principal. The note is secured by liens ("Liens") described in a (Name of Instrument) , dated _____________________________ , recorded in Volume _________ , page _________ , of the _____________________________ Records of the county and state named above. The Liens attach to and encumber the following property: _____________________________ (Description of Property Subject to Lien Instrument) For adequate consideration, Lienholder assigns, conveys, and transfers to Transferee, named above, all of Lienholder's interest in the Note and Liens. For the same consideration, Lienholder warrants that the Liens are valid, in force and effect, and the unpaid principal on the Note transferred is no less than the amount stated above. This Assignment is signed by Lienholder and Transferee as of the date of the acknowledgments below, but is deemed effective for all purposes as of the Effective Date stated above. ____________________________ Lienholder ____________________________ Transferee