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Assignee's Assumption Of Duties & Obligations
1. Acceptance of Assignment. I, [name], residing at [address], accept the assignment by [name of corporation] of an agreement made between it and [name], dated [date], and more fully described in an instrument of assignment dated [date], executed by [name of corporation].
2. Assumption of Duties and Obligations. I assume the performance of all duties and obligations required of [name of corporation] under the assigned agreement.
3. Hold Assignor Harmless. I will hold [name of corporation] harmless from any liability or loss resulting from my performance or nonperformance of the duties and obligations assumed by me.
This Section for Notary:
STATE OF -------)
) ss: [date]
COUNTY OF ------)
On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal.
[Name of Notary Public]
My commission expires: [date]