Form A2 "Fresh Water Easement Financial Institution Assignment of Cash Collateral" - New Mexico

What Is Form A2?

This is a legal form that was released by the New Mexico State Land Office - a government authority operating within New Mexico. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on April 11, 2019;
  • The latest edition provided by the New Mexico State Land Office;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of Form A2 by clicking the link below or browse more documents and templates provided by the New Mexico State Land Office.

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Download Form A2 "Fresh Water Easement Financial Institution Assignment of Cash Collateral" - New Mexico

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New Mexico Commissioner of Public Lands
310 Old Santa Fe Trail
P.O. Box 1148
Santa Fe, NM 87504-1148
ASSIGNMENT OF CASH COLLATERAL
(MUST BE A FEDERALLY-INSURED BANK OR FEDERALLY OR
STATE CHARTERED SAVINGS AND LOAN ASSOCIATION)
Pursuant to the terms of New Mexico State Land Office 19.2 NMAC
Dated _____________________
______________________________________________________________________________________
"Grantee"
of ____________________________________________________________________________________
(mailing address)
has deposited with the ______________________________________________________________________________________
(Name of State or National Bank or Savings Association)
of ____________________________________________________________________________________
(mailing address) "Financial Institution" and "Trustee"
the sum of ____________________ dollars ($
) in Certificate of Deposit or Savings Account No.
______________ (“Fund”). Grantee hereby assigns and conveys all right, title and interest in the Fund to the New
Mexico State Land Office (or successor agency). Grantee and Financial Institution agree that as to the Fund:
a.
The New Mexico State Land Office acquires by this assignment the entire beneficial interest in the Fund, with
the right to order the Trustee in writing to distribute the Fund to the person(s) determined by the Oil, Gas and
Minerals Division to be entitled thereto, including the New Mexico State Land Office itself, in amounts
determined by the Division, without further consent by Grantee. Financial Institution hereby acknowledges
that the New Mexico State Land Office is Financial Institution’s customer with respect to the Fund.
b.
Grantee retains no legal or beneficial interest in the Fund and has only the right to interest, if any, thereon, and
to return of the Fund upon written order of the Oil, Gas and Minerals Division.
c.
The Financial Institution agrees that the Fund may not be assigned, transferred, pledged or distributed except
upon written order of the New Mexico State Land Office or a court of competent jurisdiction made in a
proceeding in which the New Mexico State Land Office is a party. The Financial Institution waives all statutory
or common law liens or rights of set-off against the fund, by reason of indebtedness or obligation of Grantee to
Financial Institution now existing or hereafter incurred.
Grantee agrees that the Financial Institution may deduct from interest due Grantee any attorney fees incurred
d.
by the Financial Institution if any claim or demand via writ, summons or other process arising from Grantee’s
business is made upon the Financial Institution.
This instrument shall be governed by the laws of the State of New Mexico.
________________________________________
________________________________________
Name of Grantee
Name of Financial Institution
BY: ________________________________
BY: ______________________________________
Signature of Grantee,
Signature of Authorized
Personally or Authorized Officer
Officer of Financial Institution
________________________________
_________________________________________
Officer’s Title
Title
OGM Assignment of Cash Collateral A2 Rev. 2019.04.11
Page 1 of 2
New Mexico Commissioner of Public Lands
310 Old Santa Fe Trail
P.O. Box 1148
Santa Fe, NM 87504-1148
ASSIGNMENT OF CASH COLLATERAL
(MUST BE A FEDERALLY-INSURED BANK OR FEDERALLY OR
STATE CHARTERED SAVINGS AND LOAN ASSOCIATION)
Pursuant to the terms of New Mexico State Land Office 19.2 NMAC
Dated _____________________
______________________________________________________________________________________
"Grantee"
of ____________________________________________________________________________________
(mailing address)
has deposited with the ______________________________________________________________________________________
(Name of State or National Bank or Savings Association)
of ____________________________________________________________________________________
(mailing address) "Financial Institution" and "Trustee"
the sum of ____________________ dollars ($
) in Certificate of Deposit or Savings Account No.
______________ (“Fund”). Grantee hereby assigns and conveys all right, title and interest in the Fund to the New
Mexico State Land Office (or successor agency). Grantee and Financial Institution agree that as to the Fund:
a.
The New Mexico State Land Office acquires by this assignment the entire beneficial interest in the Fund, with
the right to order the Trustee in writing to distribute the Fund to the person(s) determined by the Oil, Gas and
Minerals Division to be entitled thereto, including the New Mexico State Land Office itself, in amounts
determined by the Division, without further consent by Grantee. Financial Institution hereby acknowledges
that the New Mexico State Land Office is Financial Institution’s customer with respect to the Fund.
b.
Grantee retains no legal or beneficial interest in the Fund and has only the right to interest, if any, thereon, and
to return of the Fund upon written order of the Oil, Gas and Minerals Division.
c.
The Financial Institution agrees that the Fund may not be assigned, transferred, pledged or distributed except
upon written order of the New Mexico State Land Office or a court of competent jurisdiction made in a
proceeding in which the New Mexico State Land Office is a party. The Financial Institution waives all statutory
or common law liens or rights of set-off against the fund, by reason of indebtedness or obligation of Grantee to
Financial Institution now existing or hereafter incurred.
Grantee agrees that the Financial Institution may deduct from interest due Grantee any attorney fees incurred
d.
by the Financial Institution if any claim or demand via writ, summons or other process arising from Grantee’s
business is made upon the Financial Institution.
This instrument shall be governed by the laws of the State of New Mexico.
________________________________________
________________________________________
Name of Grantee
Name of Financial Institution
BY: ________________________________
BY: ______________________________________
Signature of Grantee,
Signature of Authorized
Personally or Authorized Officer
Officer of Financial Institution
________________________________
_________________________________________
Officer’s Title
Title
OGM Assignment of Cash Collateral A2 Rev. 2019.04.11
Page 1 of 2
PERSONAL ACKNOWLEDGEMNT
STATE OF ______________________________)
) ss
COUNTY OF ____________________________)
The foregoing instrument was acknowledged before me on this ______________ day of _____________, 20 __________
By _____________________________________________________________________________________________________
My Commission Expires: _____________________________
________________________________________
(Notary Public)
ACKNOWLEDGMENT BY ATTORNEY
STATE OF ______________________________)
) ss
COUNTY OF ____________________________)
The foregoing instrument was acknowledged before me on this ______________ day of _____________, 20 __________
By _____________________________________ as attorney-in-fact on behalf of ____________________________________
My Commission Expires: _____________________________
________________________________________
(Notary Public)
ACKNOWLEDGMENT BY CORPORATION, PARTNERSHIP OR LIMITED LIABILITY
STATE OF ______________________________)
) ss
COUNTY OF ____________________________)
The foregoing instrument was acknowledged before me on this ______________ day of _____________, 20 __________
By ___________________________________, ____________________________ of __________________________________
Name
Title
Name of Partnership, Corporation, LLC
,a
(Partnership, Corporation, LLC)
My Commission Expires: _____________________________
________________________________________
(Notary Public)
FINANCIAL INSTITUTION ACKNOWLEDGMENT
STATE OF ______________________________)
) ss
COUNTY OF ____________________________)
The foregoing instrument was acknowledged before me on this ______________ day of _____________, 20 __________
By ___________________________________, ____________________________ of __________________________________
Name
Title
Name of Financial Institution
My Commission Expires: _____________________________
________________________________________
(Notary Public)
OGM Assignment of Cash Collateral A2 Rev. 2019.04.11
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