UCC3 - Financing Statement Amendment Addendum - Iowa - 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.
Davenport Iowa UCC3 Financing Statement Amendment Addendum is a legal document used to modify or update an existing financing statement filed under the Uniform Commercial Code (UCC) in Davenport, Iowa. The UCC3 Amendment Addendum is designed to ensure accuracy and transparency in the public record of secured transactions. In Davenport, Iowa, there are several types of UCC3 Financing Statement Amendment Addendum that can be filed: 1. UCC3 Partial Release Amendment Addendum: This type of amendment addendum is used when a debtor partially pays off a secured debt. It allows the creditor to release a specific portion of the collateral from the original financing statement. 2. UCC3 Termination Amendment Addendum: When a secured debt is fully paid off or otherwise satisfied, a UCC3 Termination Amendment Addendum is filed to remove the financing statement from the public record. This document effectively terminates the security interest and releases the collateral. 3. UCC3 Continuation Amendment Addendum: If the original financing statement is set to expire (usually after five years), a UCC3 Continuation Amendment Addendum is filed to extend the effective duration. This ensures that the secured party's interest in the collateral remains valid and enforceable. 4. UCC3 Assignment Amendment Addendum: When a secured party assigns or transfers their interest in a financing statement to another party, a UCC3 Assignment Amendment Addendum is filed. This document reflects the change in the secured party's identity and provides notice to other potential creditors. 5. UCC3 Correction Amendment Addendum: In case of any errors or mistakes in the original financing statement, a UCC3 Correction Amendment Addendum is filed. This document corrects the inaccuracies and updates the public record accordingly. It is important to note that each type of UCC3 Financing Statement Amendment Addendum requires specific information, including the original financing statement number, the names and addresses of the debtor and secured party, and a clear description of the changes being made. Filing fees may apply depending on the type of amendment addendum. By following the appropriate procedures and utilizing the correct UCC3 Financing Statement Amendment Addendum, debtors and secured parties in Davenport, Iowa can ensure the accuracy, priority, and enforceability of their secured transactions.Davenport Iowa UCC3 Financing Statement Amendment Addendum is a legal document used to modify or update an existing financing statement filed under the Uniform Commercial Code (UCC) in Davenport, Iowa. The UCC3 Amendment Addendum is designed to ensure accuracy and transparency in the public record of secured transactions. In Davenport, Iowa, there are several types of UCC3 Financing Statement Amendment Addendum that can be filed: 1. UCC3 Partial Release Amendment Addendum: This type of amendment addendum is used when a debtor partially pays off a secured debt. It allows the creditor to release a specific portion of the collateral from the original financing statement. 2. UCC3 Termination Amendment Addendum: When a secured debt is fully paid off or otherwise satisfied, a UCC3 Termination Amendment Addendum is filed to remove the financing statement from the public record. This document effectively terminates the security interest and releases the collateral. 3. UCC3 Continuation Amendment Addendum: If the original financing statement is set to expire (usually after five years), a UCC3 Continuation Amendment Addendum is filed to extend the effective duration. This ensures that the secured party's interest in the collateral remains valid and enforceable. 4. UCC3 Assignment Amendment Addendum: When a secured party assigns or transfers their interest in a financing statement to another party, a UCC3 Assignment Amendment Addendum is filed. This document reflects the change in the secured party's identity and provides notice to other potential creditors. 5. UCC3 Correction Amendment Addendum: In case of any errors or mistakes in the original financing statement, a UCC3 Correction Amendment Addendum is filed. This document corrects the inaccuracies and updates the public record accordingly. It is important to note that each type of UCC3 Financing Statement Amendment Addendum requires specific information, including the original financing statement number, the names and addresses of the debtor and secured party, and a clear description of the changes being made. Filing fees may apply depending on the type of amendment addendum. By following the appropriate procedures and utilizing the correct UCC3 Financing Statement Amendment Addendum, debtors and secured parties in Davenport, Iowa can ensure the accuracy, priority, and enforceability of their secured transactions.
