COLLATERAL ASSIGNMENT OF LEASES AND RENTS
SECTION 255 AFFIDAVIT

STATE OF _____________ }
COUNTY OF ___________ } ss.

______________________________ being duly sworn deposes and says:

1. He is an attorney at law admitted to practice in the State of New York with offices located at ______________________ New York and is acting as legal counsel to ________________________ (the "Mortgagee") in connection with a mortgage loan transaction between said Mortgagee and _________________________ (the "Borrower") pertaining to premises known as _______________________ , in the city
of ____________, County of ____________ , and State of New York.

2. The Borrower has applied to Mortgagee for a loan in the total principal amount of

3. Said loan will be evidenced by a certain Note from Mortgagor to Mortgagee dated _________________ and will be secured by a Mortgage and Security Agreement made by Mortgagor to Mortgagee covering the mortgaged property, dated ______________ , (the "Mortgage") ,which is intended to be recorded in the County Clerk's office prior to the recording of this Agreement.

4. In connection with the foregoing Mortgage and Security Agreement there is herewith offered and presented to the Clerk of the County of a Collateral Assignment of Leases and Rents between said Mortgagor and Mortgagee dated ____________ , by which Mortgagee is assigned certain rights in rents and other moneys relating to the occupancy of the premises encumbered by the aforesaid Mortgage and as security collateral to such mortgage.

5. Such Collateral Assignment of Leases and Rents neither creates nor secures any original, new or further principal indebtedness or obligation in addition to or not already secured by or which under any contingency may be secured by or which under any contingency may be secured by the aforesaid Mortgage.

This affidavit is submitted to the Register/Clerk of ________ County in support of the exemption of the foregoing Conditional Assignment of Leases and Rents from he imposition or payment of mortgage tax under Article 11 of the Tax Law pursuant to provisions of Section 255 of the Tax Law of the State of New York.

__________________________

Sworn to before me this
_____ day of _________ , 19___

_______________________