A Nebraska Trademark Security Agreement is a legal document that establishes a secured interest in a trademark or service mark located in the state of Nebraska. This agreement allows a lender or creditor to obtain rights and priority in case of default by the borrower or debtor. Keywords: Nebraska, Trademark Security Agreement, legal document, secured interest, trademark, service mark, lender, creditor, borrower, debtor, priority. There are various types of Nebraska Trademark Security Agreements, including: 1. General Trademark Security Agreement: This agreement provides a lender with a security interest in all trademarks and service marks owned by the borrower. It covers both present and future marks, ensuring that the lender has priority over other creditors in case of default. 2. Specific Trademark Security Agreement: In this type of agreement, a lender secures its interest in a specific trademark or service mark owned by the borrower. It may be used when the borrower wants to provide collateral for a specific loan or transaction. 3. Intellectual Property Security Agreement: While not specific to trademarks alone, this agreement encompasses various forms of intellectual property, including trademarks. It gives the lender a secured interest in all intellectual properties owned by the borrower, safeguarding their investment. 4. Collateral Assignment of Trademark: This agreement involves the outright transfer of ownership rights over the trademark to the lender as collateral. It provides the lender with full control and ownership over the trademark and becomes effective upon the borrower's default. 5. Intellectual Property Pledge Agreement: Similar to a collateral assignment, this agreement pledges the trademark as collateral, allowing the lender to take possession in case of default. However, the borrower maintains ownership rights until default, ensuring the continuity of their business. By utilizing a Nebraska Trademark Security Agreement, both lenders and borrowers can protect their interests and establish their rights in regard to trademarks or service marks. It is crucial to consult legal professionals while drafting and executing such agreements to ensure compliance with Nebraska state laws and to safeguard the rights of all parties involved.