HomeMy WebLinkAbout900139· Record and Return To:
C-Bass Loan Asset Managemefi~, LLC
Attn: Donna McDowell
4828 Loop Central Drive
Houston, TX 77081
2/-*'
Loan Number: 0045721933 - 5590
RECEIVED
'LINCO~.N COUNTY 0LERK
900139
.Il_IN !14 F,H t~: 26
ASSIGNMENT OF MORTGAGE
THIS AGREEMENT made and entered into on this 12th day of May, 2003
by and between
whose address is 1100 Town & Country Road
(hereinafter referred to as "ASSIGNOR" and
OeumheBank Nakx~l Tru~,'t ~,
WITNESSETH:
Ameriquei;! Mortgage Company ,
Orange, CA 92868
(herein after referred to as "ASSIGNEE").
That ASSIGNOR f3r Ten Dollars ($10.00) cash in hand paid and other good and valuable
consideration, the receipt o'; which is hereby acknowledged, does hereby transfer, grant, assign, convey
and deliver unto ASSIGNEE. the following
1. A Promissory Note dated 05/02/03 in the original principal amount of
one hundred seventy-five thousand five hundred and 00/100
executed by
MARK E SKAPPLE, A Ma-ried Person
($ 175,5oo.oo )
(hereinafter referred to as "9ORROWER"), payable to Ameriquest Mortgage Company
together with interest as therein provided, and secured by the instruments and security described in
Paragraph 2 below (hereinafter referred to as "Notes");
All of ASSIGNOR'S rig'hls, title and interest, without limitation, in ~ Mortgage, I~"T. tu3~
hc,?J~'%rx;[ vaCk..~ r'e~.er, e.~cl~. W~a~~b~r~=~~, (hereinafter referred to as "COLLATERAL
DOCUMENTS"); ~'Co.&O~q::) ('l~R"{ lSi ..'~00,.~ /N $00¢,, ~~_~.LPR&'~' ,~'//
To have and to hold, together with all titles, interest, liens, privileges, claims, priorities and equities
existing and to exist in connection therewith, unto ASSIGNEE, its successors and assigns forever.
ASSIGNOR hereby covenants and warrants that ASSIGNOR is the owner and holder of the NOTES, the
COLLATERAL DOCUMENTS and the indebtedness secured thereby; that ASSIGNOR has the full right
and authority to sell, transfer and convey the NOTES, COLLATERAL DOCUMENTS and the
indebtedness evidenced, and tO execute this instrument; that ASSIGNOR has not assigned, mortgaged,
hypothecated, granted, or delivered a security interest in or otherwise encumbered the NOTES, the
COLLATERAL DOCUMENTS, or the indebtedness secured thereby; and that as of the date hereof, the
rO0-1VVY (Rev 10198) Page I of 2
aggregate amount of one hundred seventy-five thousand five hundred and 00/100'
($ 175,500.00 ) of: the principal and accrued interest on the NOTES remains unpaid,
"LEGAL DESCRIPTION ,,~,-T.:.,_-: :Z_.D ~E.F-..-'TZ, ,',: ~'-- L-:._;,.E':- .'-'. ,--F.: :,~ IL,;E~I' ,'
LOT' ,,,n.I oF- 5"r'Pr,~, V'/)(./..~ /~t~N(.-H ~L/~T ~ LIN~.OCN Cocc~l-r'~t, IxJtlO.
ASSIGNOR hereby expressly waives and releases any and all rights that ASSIGNOR may now
have or hereafter have to establish or enforce any lien or security interest securing payment of lhe NOTES
including without limitation, those existing under the COLLATERAL DOCUMENTS, as security for the
payment of any other or future:.iqdebtedness of BORROWER to ASSIGNOR.
For the same consideration stated above, ASSIGNOR hereby covenants and agrees with
ASSIGNEE to execute any other and further instruments of ASSIGNMENT and/or transfer that may be
necessary to effectuate the purpose of this Assignment and/or to properly vest in ASSIGNEE the rights of
ASSIGNOR in the NOTES, the, 'COLLATERAL DOCUMENTS or the indebtedness secured thereby,
For the convenience of the parties, this instrument may be executed in multiple counterparts. Each
of the counterparts hereof so executed shall and for all purposes be deemed to be an original, and all such
counterparts shall together cor'~titute but one and the same instrument.
County of ORANGE
On -Ibefore me,
personally appeared
rtgage Company
BY:Marjo~N' T
ERICA A. MILLER
Jo Anne Buzzo and Marjorie Jorgensen
personally known to me (or prqved to me on the basis of satisfactory evidence) to be the person(s) whose
name(s) is/are subscribed to :the within instrument and acknowledged to me that he/she/they executed
the same in his/hedtheir authorized capacity(ies), and that by his/hedtheir signature(s) on the instrument
the person(s) or the entity upon behalf of which is the person(s) acted, executed the instrument.
ERICA A. MILLER
Loan Number: 0045721933- 5590
700-2WY (Rev 10198)
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