A Sterling Heights Michigan UCC3 Financing Statement Amendment Addendum is a legally binding document that is filed with the Michigan Secretary of State's office to modify or supplement an existing UCC3 Financing Statement. It is typically used when changes need to be made to the original financing statement, such as correcting errors, adding or removing collateral, or extending the duration of the filing. This type of amendment addendum is crucial in ensuring accuracy and compliance with the Uniform Commercial Code (UCC) rules in the state of Michigan. It allows secured parties to update and maintain their security interests properly and protects their rights in case of disputes or conflicts. The Sterling Heights Michigan UCC3 Financing Statement Amendment Addendum includes essential information such as the original financing statement's file number, date of filing, and detailed information regarding the amendment itself. This can include specific changes to the collateral description, revised debtor information, or additional secured parties' names. It is important to note that there are no distinct types of Sterling Heights Michigan UCC3 Financing Statement Amendment Addendum. However, there can be various reasons for filing this addendum, and each amendment will be unique to the specific changes being made. Some relevant keywords related to this topic are: 1. UCC3 Financing Statement: A legal form used to record a creditor's security interest in personal property. 2. Amendment: A modification or change to an existing document, such as a financing statement. 3. Addendum: An additional document attached to the original, providing supplementary information. 4. Secured Party: The party who holds or maintains a security interest in the collateral. 5. Collateral: The property or assets that serve as security for a loan or debt. 6. Michigan Secretary of State: The government agency responsible for maintaining UCC filings in the state. 7. Uniform Commercial Code (UCC): A set of laws governing commercial transactions in the United States. 8. Sterling Heights Michigan: A city located in Macomb County, Michigan, known for its vibrant community and economic growth. In summary, the Sterling Heights Michigan UCC3 Financing Statement Amendment Addendum is a vital tool for securing and protecting interests in personal property. It allows for necessary changes and updates to be made to the original financing statement, ensuring accuracy and compliance with the UCC regulations in Michigan.