The Boston Massachusetts UCC1 Financing Statement Addendum is a legal document that serves as an extension or supplement to the UCC-1 Financing Statement. The UCC-1 Financing Statement is a standard form used to provide public notice of a creditor's interest in a debtor's personal property, usually collateral for a loan. The UCC1 Financing Statement Addendum is specific to the state of Massachusetts and is used to include additional information that cannot be provided in the UCC-1 form itself. It is designed to thoroughly describe the collateral pledged by the debtor to secure the loan and further protect the creditor's interest in providing more specific details. The content of the addendum will vary depending on the transaction and the collateral involved. It may include details such as a description of the collateral, the debtor's name and address, the creditor's name and address, the date of the security agreement or loan, and any other pertinent information necessary for a complete and accurate record. In terms of types, there are no particular variations or different types of Boston Massachusetts UCC1 Financing Statement Addendum. However, multiple addendums can be filed if additional information needs to be provided or if there are changes to the original financing statement. It is important to note that the specifics of the Boston Massachusetts UCC1 Financing Statement Addendum may be subject to change over time due to updates or revisions in state laws and regulations. Therefore, it is essential for debtors and creditors to consult the latest guidelines or seek legal advice to ensure compliance with current requirements.