Assignment Of Mortgage Form PDF Details

The Assignment of Mortgage form plays a significant role in the real estate and financing industries, acting as a legal document that facilitates the process by which the holder of a mortgage, known as the assignor, transfers their interest in the mortgage to another party, referred to as the assignee. In this document, essential details such as the names and addresses of the assignor and assignee, the specific mortgage being transferred, and the property it is tied to are meticulously outlined. The form meticulously records the transfer of a certain mortgage, initially made by the borrower in favor of the original lender, to another entity, which in the example provided is Fannie Mae, a government-sponsored enterprise responsible for stimulating the housing finance system. This form not only includes the transfer but also ensures the continuity of the original mortgage's terms and conditions to the assignee, securing the assignee's rights to the property and the associated obligations of the borrower. Through the acknowledgment of witnesses and the necessary signatures, the assignment becomes a legally binding agreement, ensuring that all rights, interests, and claims on the mortgage and the property it secures are properly conveyed to the new mortgage holder. This process is crucial for maintaining the integrity of the mortgage system and protecting the interests of all parties involved.

QuestionAnswer
Form NameAssignment Of Mortgage Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesblank assignment of mortgage form, assignment of mortgage florida, fannie mae assignment of mortgage fillable form, assignment of mortgage example

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Recording Requested By/Return To:

ASSIGNMENT OF MORTGAGE

For Value Received, the undersigned holder of a Mortgage (herein “Assignor”) whose address is

______________________________________________________________________________________________

_____________________________, does hereby grant, sell, assign, transfer and convey, unto Fannie Mae, a corporation

organized and existing under the laws of the United States (herein “Assignee”), whose address is 3900 Wisconsin Avenue, NW, Washington, DC 20016, a certain Mortgage dated __________________________,_____, made and

executed by _____________________________________________________________________________, to and in

favor of ____________________________________________________, upon the following described property situated

in _______________ County, State of _____________________________:

such Mortgage having been given to secure payment of $__________________________________________________,

(Original Principal Amount)

which Mortgage is of record in Book, Volume, or Liber No. _______________, at page _________ (or as No.

_____________) of the ________________ Records of ___________________ County, State of ________________,

together with the note(s) and obligations therein described and the money due and to become due thereon with interest, and all rights accrued or to accrue under such Mortgage.

TO HAVE AND TO HOLD the same unto Assignee, its successor and assigns, forever, subject only to the terms and conditions of the above-described Mortgage.

IN WITNESS WHEREOF, the undersigned Assignor has executed this Assignment of Mortgage on

_________________________, 20__.

 

____________________________________

___________________________________________

Witness (Print Name)

(Assignor)

____________________________________

By: ___________________________________________

Witness (Print Name)

(Signature)

 

(Print Name & Title)

____________________________________

 

Attest (Print Name)

 

Seal:

 

This Instrument Prepared By:

 

-- Space Below This Line Reserved for Acknowledgement --

Multistate Mortgage Assignment - Single Family - Fannie Mae Uniform Instrument

Form 3741 1/01

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Stage # 1 for completing fannie mae assignment of mortgage fillable form

2. Once your current task is complete, take the next step – fill out all of these fields - IN WITNESS WHEREOF the undersigned, Witness Print Name, Assignor, By , Witness Print Name, Attest Print Name, Seal, This Instrument Prepared By, Signature Print Name Title, and Space Below This Line Reserved with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

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As to By and Seal, make sure that you review things in this current part. The two of these could be the most significant ones in the form.

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