UCC3 - Financing Statement Amendment Addendum - Colorado - For use after July 1, 2001. This form is to be used as an addendum to the financing statement amendment. This form is to be filed in the real estate records.
Title: Understanding Fort Collins Colorado UCC3 Financing Statement Amendment Addendum Description: In Fort Collins, Colorado, UCC3 Financing Statement Amendment Addendum refers to a legal document that enables individuals, businesses, or organizations to modify or update their UCC3 financing statements, as governed by the Uniform Commercial Code (UCC). This document serves as a vital tool for protecting secured interests in personal property collateral. Types of Fort Collins Colorado UCC3 Financing Statement Amendment Addendum: 1. Partial Amendment Addendum: This type of amendment addendum allows for specific changes or modifications to be made in a UCC3 financing statement. It could involve updating debtor or secured party information, amending collateral descriptions, or adjusting the terms of the existing agreement. 2. Full Amendment Addendum: In certain cases where significant changes are needed, a full amendment addendum is utilized, providing the opportunity to entirely modify an existing UCC3 financing statement. Debtors, secured parties, and collateral information can be altered to reflect the new terms accurately. 3. Termination Amendment Addendum: When the UCC3 financing statement is no longer needed or the security interest has been fully satisfied, a termination amendment addendum is filed. This type of addendum effectively terminates or releases the security interest, removing it from public records and providing clarity regarding the associated collateral. Keywords: Fort Collins Colorado, UCC3 Financing Statement Amendment Addendum, Uniform Commercial Code, legal document, modify, update, UCC3 financing statements, secured interests, personal property collateral, partial amendment addendum, full amendment addendum, termination amendment addendum, debtor, secured party, collateral description, security interest, public records.Title: Understanding Fort Collins Colorado UCC3 Financing Statement Amendment Addendum Description: In Fort Collins, Colorado, UCC3 Financing Statement Amendment Addendum refers to a legal document that enables individuals, businesses, or organizations to modify or update their UCC3 financing statements, as governed by the Uniform Commercial Code (UCC). This document serves as a vital tool for protecting secured interests in personal property collateral. Types of Fort Collins Colorado UCC3 Financing Statement Amendment Addendum: 1. Partial Amendment Addendum: This type of amendment addendum allows for specific changes or modifications to be made in a UCC3 financing statement. It could involve updating debtor or secured party information, amending collateral descriptions, or adjusting the terms of the existing agreement. 2. Full Amendment Addendum: In certain cases where significant changes are needed, a full amendment addendum is utilized, providing the opportunity to entirely modify an existing UCC3 financing statement. Debtors, secured parties, and collateral information can be altered to reflect the new terms accurately. 3. Termination Amendment Addendum: When the UCC3 financing statement is no longer needed or the security interest has been fully satisfied, a termination amendment addendum is filed. This type of addendum effectively terminates or releases the security interest, removing it from public records and providing clarity regarding the associated collateral. Keywords: Fort Collins Colorado, UCC3 Financing Statement Amendment Addendum, Uniform Commercial Code, legal document, modify, update, UCC3 financing statements, secured interests, personal property collateral, partial amendment addendum, full amendment addendum, termination amendment addendum, debtor, secured party, collateral description, security interest, public records.