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ASSIGNMENT OF LIFE INSURANCE POLICY AS COLLATERAL
1. Assignment. For value received, (1), of (2), assignor, hereby assigns, transfers, and delivers to (3), of (4), assignee, __(5)__ successors or assigns, policy No. __(6)___, issued by (7), insurer, and any supplementary
contract issued in connection therewith on the life of (8), of (9), and all my right, title, and interest therein except as provided in Section 3 hereof, subject to all the terms and conditions of the policy and to all superior liens, if any, that insurer may have against the policy.
2. Rights of assignee. Assignor agrees that
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