When Recorded Return To:

                                                    (SPACE ABOVE FOR RECORDER'S USE)

________________________________________________________________________

     ASSIGNMENT OF BENEFICIAL INTEREST UNDER DEED OF TRUST

________________________________________________________________________

For good and valuable consideration, the receipt of which is hereby acknowledged, the undersigned Beneficiary hereby grants, transfers, conveys, assigns, and sets over unto _____________________, whose address is _________________________________________, all of its right, title, and beneficial interest in and to that certain Deed of Trust, dated _____________, executed by __________________, as Trustors, ________________________ as Trustee and _________________ as Beneficiary, which was recorded in the office of the ________________ County Recorder, on ____, at Instrument Number __________________, securing the real property described below; together with all of its rights, title, and interest in and to the Promissory Note, dated ________, therein referred to, the money due and to become due thereon with interest, and all rights accrued or to accrue under said Deed of Trust.

 (Legal Description)

 Dated this ______________________

                                                    __________________________________________
                                                    By:

STATE OF ARIZONA            )
                                                 )ss
County of Maricopa                  )

 The foregoing Assignment of Beneficial Interest Under Deed of Trust was acknowledged before me this _______________, by _____________________________________.

 (Seal and Expiration Date)

                                                  __________________________________________
                                                  Notary Public