(Citation omitted.) Milestone v. David, 251 Ga.App. 832, 832, n. 1, 555 S.E.2d 163 (2001). "A party may assign to another a contractual right to collect payment, including the right to sue to enforce the right.
(Citation omitted.) Milestone v. David, 251 Ga.App. 832, 832, n. 1, 555 S.E.2d 163 (2001). “A party may assign to another a contractual right to collect payment, including the right to sue to enforce the right.
See Holmes v. Clear Channel Outdoor, 298 Ga. App. 178, 183 (2) ( 679 S.E.2d 745) (2009); Mitsubishi Motors, supra. Moreover, contrary to the appellants' claims, the evidence submitted in support of the motion for summary judgment shows that the FDIC was acting as receiver for BankFirst when it assigned the loan documents to Beal Bank. This evidence includes an affidavit providing that Beal Bank acquired the note and deed for valuable consideration by assignment from the FDIC as receiver of BankFirst; the written assignment of the deed from the FDIC to Beal Bank, which repeatedly identifies the FDIC as receiver for BankFirst; and a Note Allonge attached to the promissory note, identifying Beal Bank as the assignee and the FDIC as receiver for BankFirst. See Milestone v. David, 251 Ga. App. 832, n. 1 ( 555 S.E.2d 163) (2001) (an allonge is a paper attached to a promissory note on which parties write endorsements for which there is no room on the instrument itself). Accordingly, the trial court did not err in finding that there was a valid assignment of the loan to Beal Bank. Compare Green v. Cavalry Portfolio Svcs., 305 Ga. App. 843, 844 ( 700 S.E.2d 741) (2010) (trial court erred in granting summary judgment where no evidence that plaintiff had received valid assignment of contract rights).
An allonge is "a paper attached to a promissory note on which the parties write an indorsement, if there is no room on the [note] itself." Bird v. Specialized Loan Servicing LLC, No. CV RDB-16-3743, 2017 WL 1001257, at *1 n.2 (D.Md. Mar. 15, 2017) (first citing Milestone v. David, 555 S.E.2d 163 (Ga. 2001); then citing U.C.C. § 3-202(2)). A "lost note affidavit" is "an instrument used to establish a party's right to enforce a note even without possession of the original instrument."
An allonge is a paper attached to a promissory note on which the parties write an indorsement, if there is no room on the instrument itself. See Milestone v. David, 555 S.E.2d 163 (2001); U.C.C. § 3-202(2). On November 15, 2000, Ocwen assigned the Deed to JP Morgan Chase Manhattan Bank as trustee c/o Residential Funding ("JP Morgan Chase"), and that assignment was recorded among the Land Records of Baltimore County at Liber 23237, folio 028. Assignment, pp. 23-24, ECF No. 7-1. On that same day, Ocwen executed an allonge that contained an open indorsement.
An allonge is a paper attached to a promissory note on which the parties write an indorsement, if there is no room on the instrument itself. Milestone v. David, 251 Ga. App. 832 (2001); U.C.C. § 3-202(2). 2.