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Mortgagees Deed Form. This is a Oklahoma form and can be use in District Court Statewide.
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Tags: Mortgagees Deed, 45, Oklahoma Statewide, District Court
Mortgagee's Deed (Mortgage Foreclosure by Power of Sale) This Indenture is made this ______ day of ________________, 20_____, by and between the following parties: "Mortgagee": _______________________________________________ (whether one or more) _______________________________________________ _______________________________________________ _______________________________________________ (whether one or more) _______________________________________________ _______________________________________________ whose address is: "Purchaser": whose address is: Recitals 1. In accordance with the term s and provisions of the m ortgage (whether one or m ore) described in Exhibit "A" attached hereto and incorporated herein by reference (the "M ortgage"), in which a power of sale was granted pursuant to the Oklahom a Power of Sale M ortgage Foreclosure Act (the "Act"), the Mortgagee has exercised the power of sale provided thereby, consistent with the provisions of the Act, with respect to the property described in Exhibit "B" attached hereto and incorporated herein by reference (the "Property"), upon a default and/or breach as defined in the Act. This Deed is executed by the M ortgagee, the present holder of the M ortgage, exercising the power of sale after a breach and/or default and a sale under the Act. The breach or default was not cured nor the Mortgage reinstated. The M ortgagee has given all requisite notices as provided by law and has in all respects com plied with the requirem ents of the Act. All holders of record of an interest in the Property ( or any part thereof) , as Property ( or any part thereof), and the docum ents evidencing their interests, liens, or claim s , are described in Exhibit "C" attached hereto. On the date and at the tim e and place designated in such notice of sale, the Mortgagee sold the Property to the Purchaser, the Purchaser being the highest bidder therefor. 2. 3. 4. NOW , THEREFORE, in consideration of the highest bid in the sum of D O LLARS, duly paid, the receipt and sufficiency of which is acknowledged, the Mortgagee does hereby grant, bargain, sell, transfer and convey unto the Purchaser, and the heirs, successors and assigns of the Purchaser, the Property. TO HAVE AND TO HOLD the sam e, together with all and singular the tenements, hereditam ents and appurtenances thereunto belonging or in any wise appertaining, forever, without warranty of title thereto. IN WITNESS WHEREOF the Mortgagee has executed this Mortgagee's Deed at __________________, State of ________________________, the date first above written. `Mortgagee' (if corporation); _____________________________ Attest: ________________________ Secretary _____________________________________ (Seal) Acknow ledgment State of ___________________________ County of __________________________ This instrument was acknowledged before me on the ______ day of ______________________, 20_____ by _____________________________ (if applicable) as _______________________ of ____________________. (Seal) __________________________________________ Notary Public AOC Form; Revised 6/09 ___________________________________ My Commission Expires American LegalNet, Inc. www.FormsWorkFlow.com