Main MenuMain Menu Bookmark PageBookmark Page

Chapter 24

Form 24-14

Letter to Mortgage Company—Assignment of Escrow Funds

[Date]

[Name and address of mortgage company]

Re:    Loan number:
Name:
Address: [street address]

[Salutation]

The above-referenced property securing the payment of the above-captioned loan has been transferred by deed dated [date] to [name of grantee], who has assumed and agreed to pay the loan as part of the consideration for the conveyance.

I hereby release any and all claims in and to escrow deposits and any benefits accruing therefrom and transfer and assign all interest in them to the grantee.

For your records, I enclose a copy of the deed, which was duly recorded in the Deed Records of [county] County, Texas, on [date].

Sincerely yours,

   
[Name of grantor]

Enc.