(Under Security Agreement)
To ______________________________________________, Debtor
Address_________________________________________________
You are hereby notified that the undersigned intends to foreclose under provision of that
certain Agreement executed by you on the _______ of ______________19 , whereby certain
personal property described as follows was given as security for the payment of
indebtedness to Secured Party named below.
(Description)
You are hereby further notified that unless you pay, within ___ days from the date hereof,
to the undersigned, holder and owner of the said Agreement, at their office address, which
is listed below, the sum of $ ____________________, all of which is now due and payable
pursuant to the conditions of said Agreement, plus charges at the rate provided for in
said Agreement, from date hereof to date of payment, SECURED PARTY SHALL TAKE POSSESSION
OF SAID PROPERTY. Further, if said property sells for less than the amount then due under
terms of the Agreement, you will be obligated to pay the deficiency.
Dated__________________
_______________________________
SECURED PARTY
Address________________________
_______________________________
By_____________________________
State of __________________ )
County of ________________ )
This day, before me, a Notary Public in said County, personally came ______________, and
_____________________, and acknowledged the signing of this document to be a voluntary
act.
IN WITNESS WHEREOF I have hereunto set my hand and official
seal.
My commission expires: __________________
___________________________
Notary Public