Assignment of rents

Assignment of rents. Assignment of Rents Know All People By These Presents, That the Assignor, _________ of the _________ of _________ County of _________ and State of _________ in consideration of One Dollar ($1) and other valuable consideration in hand paid, the receipt of which is acknowledged, sells, assigns, transfers, and sets over to the assignee, _________ of the _________ of _________ County of _________ and State of _________ his [her] executors, administrators and assigns, all the rents, issues and profits now due and which may become due under or by virtue of any lease, whether written or verbal, or any letting of, or any agreement for the use or occupancy of any part of the premises described how, which may have been or may be made or agreed to, or to which may be made or agreed to by the Assignee under the power granted it being the intention to establish an absolute transfer and assignment of all such leases and agreements and all the avails under the leases and agreements to the Assignee and especially those leases and agreements now existing as follows: Date of Lease Lessee Term Monthly Rent .................................................................. .................................................................. $_____; .................................................................. .................................................................. $_____; .................................................................. .................................................................. $_____; .................................................................. .................................................................. $_____; .................................................................. .................................................................. $_____; .................................................................. .................................................................. $_____; rent being payable monthly in advance upon the property described as follows: _______________ _______________ _______________ and the Assignor irrevocably appoints the Assignee as his [her] true and lawful attorney to collect all of the avails, rents, issues and profits arising or accruing at any time and all now due or that may become due under each and every lease or agreement, written or verbal, existing or to exist, for the premises, and to use such measures, legal or equitable, as in his [her] discretion may be deemed proper or necessary to enforce the payment or the security of the avails, rents, issues and profits, or to secure and maintain possession of the premises or any portion of the premises and to fill any and all vacancies, and to rent, lease or let any portion of the premises to any party or parties at his [her] discretion, granting full power and authority to exercise each and every right, privilege and power granted at any and all times without notice to the Assignor, and further, with power to use and apply the avails, issues and profits to the payment of any indebtedness or liability of the Assignor to the Assignee, due or to become due, or that may be contracted and also to the payment of all expenses and the care and management of the premises, including taxes and assessments, and the interest on incumbrances, if any, which may in the attorney's judgment be deemed proper and advisable, ratifying all that the attorney may do by virtue of this document. Given under _________ hand _________ and seal _________ this _________ day of _________[date]. _________(Seal) _________(Seal) _________(Seal) _________(Seal) See Reversed Side In Witness of These Things, _________ not personally but as Trustee, has caused these presents to be signed by its _________ President, and its corporate seal to be affixed and attested by its _________ Secretary, this _________ day of _________[month, year]. Attest: _________ Secretary _________ As Trustee and not personally By _________ President State of _________ County of _________ I, _________ a Notary Public, in and for the County and State set forth above, DO CERTIFY, THAT _________, _________ President of _________, And _________ Secretary of the National Banking Associations, who are personally known to me to be the same persons whose names are subscribed to the above instrument as _________ President and _________ Secretary, respectively, appeared before me this day in person and acknowledged that they signed and delivered the instrument as their own free and voluntary act and as the free and voluntary act of the National Banking Association, as Trustee for the uses and purposes set forth; and the _________ Secretary then and there acknowledged that _________, as custodian of the corporate seal of the National Banking Association, did affix the seal to the instrument as _________ own free and voluntary act and as the free and voluntary act of the National Banking Association, as Trustee, for the uses and purposes set forth. Given under my hand and Notarial Seal, this _________ day of _________[month, year]. _________ Notary Public My commission expires _________