This form is an official UCC form which complies with all applicable Federal codes and statutes. USLF updates all Federal forms as is required by Federal statutes and law.
The Indianapolis Indiana UCC1 Financing Statement Addendum is a legal document related to the Uniform Commercial Code (UCC) that provides additional information and details about a UCC1 financing statement filed in the state of Indiana. The UCC1 financing statement is typically filed by a creditor to secure their interest in collateral when providing a loan to a debtor. The addendum, in turn, serves as an attachment to the original financing statement and contains supplementary data relating to the financing arrangement. The UCC1 Financing Statement Addendum for Indianapolis, Indiana often includes essential information such as the debtor's name, address, and identification number, as well as the secured party's details. In addition to these basic identifiers, the addendum may also include specific clauses or provisions related to the secured transaction, including the description of the collateral, the loan terms, and any other pertinent information that is crucial for establishing and maintaining the creditor's security interest. It's worth noting that the Indianapolis Indiana UCC1 Financing Statement Addendum can vary depending on the nature of the transaction or the parties involved. Different types of addendums may include: 1. Collateral Description Addendum: This addendum provides a more detailed description of the collateral pledged as security for the loan, such as equipment, inventory, real estate, or intellectual property. It may include serial numbers, make and model information, locations, or any other unique identifiers to clearly identify the collateral. 2. Amendment Addendum: This addendum is used when modifications or changes need to be made to the original UCC1 financing statement. It allows the parties to update information such as the debtor's name, address, secured party's information, or any other relevant details. 3. Continuation Addendum: This addendum is utilized when the initial UCC1 financing statement is close to expiring, usually after five years. It extends the validity of the original statement, ensuring the creditor's security interest remains in effect. 4. Termination Addendum: This addendum is filed when the secured party wishes to release their security interest in the collateral. It indicates the completion or satisfaction of the loan agreement, discharging the debtor from any further obligations towards the secured party. It is important to consult with legal professionals or the Indiana Secretary of State's office to ensure compliance with the specific requirements and instructions for filing the Indianapolis Indiana UCC1 Financing Statement Addendum.The Indianapolis Indiana UCC1 Financing Statement Addendum is a legal document related to the Uniform Commercial Code (UCC) that provides additional information and details about a UCC1 financing statement filed in the state of Indiana. The UCC1 financing statement is typically filed by a creditor to secure their interest in collateral when providing a loan to a debtor. The addendum, in turn, serves as an attachment to the original financing statement and contains supplementary data relating to the financing arrangement. The UCC1 Financing Statement Addendum for Indianapolis, Indiana often includes essential information such as the debtor's name, address, and identification number, as well as the secured party's details. In addition to these basic identifiers, the addendum may also include specific clauses or provisions related to the secured transaction, including the description of the collateral, the loan terms, and any other pertinent information that is crucial for establishing and maintaining the creditor's security interest. It's worth noting that the Indianapolis Indiana UCC1 Financing Statement Addendum can vary depending on the nature of the transaction or the parties involved. Different types of addendums may include: 1. Collateral Description Addendum: This addendum provides a more detailed description of the collateral pledged as security for the loan, such as equipment, inventory, real estate, or intellectual property. It may include serial numbers, make and model information, locations, or any other unique identifiers to clearly identify the collateral. 2. Amendment Addendum: This addendum is used when modifications or changes need to be made to the original UCC1 financing statement. It allows the parties to update information such as the debtor's name, address, secured party's information, or any other relevant details. 3. Continuation Addendum: This addendum is utilized when the initial UCC1 financing statement is close to expiring, usually after five years. It extends the validity of the original statement, ensuring the creditor's security interest remains in effect. 4. Termination Addendum: This addendum is filed when the secured party wishes to release their security interest in the collateral. It indicates the completion or satisfaction of the loan agreement, discharging the debtor from any further obligations towards the secured party. It is important to consult with legal professionals or the Indiana Secretary of State's office to ensure compliance with the specific requirements and instructions for filing the Indianapolis Indiana UCC1 Financing Statement Addendum.