Debtor is obligated to pay the secured party attorneys fees. In consideration of the indebtedness, debtor conveys and warrants to trustee certain property described in the land deed of trust.
Secured Debt Any For Loan In Suffolk
State:
Multi-State
County:
Suffolk
Control #:
US-00181
Format:
Word;
Rich Text
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FAQ
Under Revised Article 9 of the Uniform Commercial Code, secured parties are permitted to file UCC Financing Statements prior to formal execution of the security agreement (pre-file) provided they receive proper authorization from the debtor to do so.
Steps Download the UCC-1 form. Provide direct contact information if desired. Fill in the debtor's name and mailing address. List the name and address of the secured party. Indicate the collateral covered by the financing statement. Include applicable descriptions of the transaction. Fill out an addendum if necessary.
UCC-3 party amendments: A UCC-3 amendment is a type of filing used to change or add critical information about the debtor or the secured party. For example, they can be used to change the name or the address.
The filing office cannot give legal advice. Unless specifically required by applicable state law, DO NOT include social security numbers, driver's license numbers, financial account numbers or other non-public personally identifiable information anywhere on the form.
Why is a Mortgage Secured Debt? A mortgage is what's called a secured debt because it is backed up by collateral. In this case, the collateral is your home.
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