ASSIGNMENT OF DEED OF TRUST
For value received, the undersigned holder of the deed of trust (herein assignor) …does hereby grant convey , sell and transfer unto BAC HOME LOANS SERVICING LP FKA COUNTRYWIDE HOMELOAN SERVCING LP all beneficial interest under that certain deed of trust ..all right accrued or to accrue under said deed of trust.
MORTGAGE ELECTRONIC REGISTRATION SYSTEMS
for COUNTRYWIDE HOME LOANS INC.
COUNTRYWIDE HOME LOANS INC.is lender and beneficiary under the note and named on the deed of trust. COUNTRYWIDE HOME LOANS INC appoints it’s alter ego MORTGAGE ELECTRONIC REGISTRATION SYSTEMS as the beneficiary on the deed of trust solely for purposes of the collateral file provided to BAC Bank of America as the commercial warehouse line of credit.
The assignment is moot to the maker and holds only to claims brought by the note holder’s funding source providing the funds to settlement under its own obligation as an obigor.