Transfer: Riverside Apartments, Monroe, LA

Transfer:  1600 Riverside Drive, Monroe, LA
Instrument Type:  Dation En Paiement
Transferor:  Ingold Investments, LLC
Transferee:  Fairytail, LLC (Officers:  Joseph and Nourie Hakim)
Amount:  Unknown
Explanation:  The above property has transferred ownership via Dation. 
The original mortgage note on the apartment complex has been sold two or
three times and Fairytail, LLC held the note at the time of the Dation En Paiement. 
A Dation En Paiment in Louisiana is when instead of paying a sum of money due
on a pre-existing debt, the debtor gives and the creditor agrees to receive a movable or immovable.  In this case, the debtor agreed to give the property and the creditor agreed to receive the property instead of paying the sum of money due.