Hi, here is the “assignments of rents” they sent to me:
TO: All TENANTS IN POSSESSION
Attached is a copy of the Deed of Trust executed by John Doe and Jane Doe, husband and wife as community property with right of survivorship.
This document gives XXXX mortgage corporation, on behalf of the beneficiaries, authorization to demand payment of all future rents due and payable through or at our office located at:
Mailing address: XXXXXXX
Physical address: XXXXXX
You will be issued a receipt and the funds will be held in trust to client account # XXXXX
This, in no way, affects your rental agreement and by paying your rent directly to XXXXX Mortagage Corporation as Servicing Agent under Contract, protects you from proof of non-payment of rent, as long as you provide a copy of the rental agreement to XXXXX Mortgage Corporation, and retain a copy of this order along with your rent receipt in your possession, you will be in compliance.
Please understand, wer are NOT a Property Manager and we are not responsible for any repairs to the property during this rent assignment period until notified to the contrary.
Your landlords will either reinstate their privileges through this office, at which time, we will cancel the Assignments of Rents you have been served with; and, instruct you that you may once again make monthly rental payments according to your Landlord’s instructions. YOU MUST NOT pay directly to your landlord until advised to do so.
Any questions concerning this matter, contact the undersigned. Otherwise, to prevent being in violation of this Assignment of Rents make all future rental payments as instructed agove. Please acknowledge receipt of this document below and return in the enclosed prepaid Federal Express Envelope.
