The standard form of assignments of real estate mortgages is as follows:

ASSIGNMENT OF MORTGAGE

Terms Used In South Dakota Codified Laws 44-8-4

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.

For and in consideration of ________ dollars, to ________ in hand paid, ________ do ________ hereby assign unto ________ of ________ P.O., a certain indenture of mortgage and the notes secured thereby, executed by ________ to ________ on the ________ day of ________, 20____, upon _____________________________________________________

_________________________________________________________________________

_________________________________________________________________________

and recorded in book ________ of mortgages on page ________ in the office of the register of deeds of ________ county, state of South Dakota, on the ________ day of ________, 20____, at ________ o’clock ____.M.

Dated this ________ day of ________ 20____.

(Signature) _______________________________

(Acknowledgment)

Source: SL 1911, ch 257, § 4; RC 1919, § 1566; SDC 1939, § 39.0301.