Farm Products Financing Statement form for use under Food Security Act of 1985 for security interest filings with Oregon filing office.
The Bend Oregon UCC EFS-1 Farm Products Financing Statement is a legal document that provides important information regarding the financing of farm products in Bend, Oregon. This statement is an essential tool utilized in securing loans and other financial transactions related to agricultural products. The UCC EFS-1 Farm Products Financing Statement contains detailed information about the collateral, the debtor, and the secured party involved in the transaction. It aims to protect all parties involved by establishing a public record of the financing arrangement. Keywords: Bend Oregon, UCC, EFS-1, Farm Products Financing Statement, legal document, financing, agricultural products, loans, financial transactions, collateral, debtor, secured party, public record, financing arrangement. Types of Bend Oregon UCC EFS-1 Farm Products Financing Statement: 1. Traditional Farm Products Financing Statement: This is the standard form used to secure financing for farm products in Bend, Oregon. It includes all the necessary information required to create a legally binding agreement between the debtor and the secured party. 2. Amended Farm Products Financing Statement: This type of statement is used when there are changes or modifications to an existing financing arrangement for farm products. It updates the information contained in the original statement to ensure accuracy and legal compliance. 3. Termination of Farm Products Financing Statement: This statement is used to officially terminate or release a previously filed financing statement. Once the loan or financial obligation has been fulfilled, this document serves as proof that the lien on the farm products has been removed. 4. Continuation of Farm Products Financing Statement: If the original financing statement is set to expire, the secured party can file a continuation statement to extend the validity of the arrangement. This document ensures that the security interest remains in effect for an additional period, typically for five years, avoiding any potential loss of priority. Keywords: traditional, amended, termination, continuation, financing arrangement, debtor, secured party, lien, collateral, validity, security interest, expiration, priority. In summary, the Bend Oregon UCC EFS-1 Farm Products Financing Statement is a critical legal document used in securing loans and other financial transactions involving agricultural products. It protects both the debtor and the secured party by establishing a public record of the financing arrangement. Different types of statements include traditional, amended, termination, and continuation, each serving a specific purpose within the realm of farm product financing.The Bend Oregon UCC EFS-1 Farm Products Financing Statement is a legal document that provides important information regarding the financing of farm products in Bend, Oregon. This statement is an essential tool utilized in securing loans and other financial transactions related to agricultural products. The UCC EFS-1 Farm Products Financing Statement contains detailed information about the collateral, the debtor, and the secured party involved in the transaction. It aims to protect all parties involved by establishing a public record of the financing arrangement. Keywords: Bend Oregon, UCC, EFS-1, Farm Products Financing Statement, legal document, financing, agricultural products, loans, financial transactions, collateral, debtor, secured party, public record, financing arrangement. Types of Bend Oregon UCC EFS-1 Farm Products Financing Statement: 1. Traditional Farm Products Financing Statement: This is the standard form used to secure financing for farm products in Bend, Oregon. It includes all the necessary information required to create a legally binding agreement between the debtor and the secured party. 2. Amended Farm Products Financing Statement: This type of statement is used when there are changes or modifications to an existing financing arrangement for farm products. It updates the information contained in the original statement to ensure accuracy and legal compliance. 3. Termination of Farm Products Financing Statement: This statement is used to officially terminate or release a previously filed financing statement. Once the loan or financial obligation has been fulfilled, this document serves as proof that the lien on the farm products has been removed. 4. Continuation of Farm Products Financing Statement: If the original financing statement is set to expire, the secured party can file a continuation statement to extend the validity of the arrangement. This document ensures that the security interest remains in effect for an additional period, typically for five years, avoiding any potential loss of priority. Keywords: traditional, amended, termination, continuation, financing arrangement, debtor, secured party, lien, collateral, validity, security interest, expiration, priority. In summary, the Bend Oregon UCC EFS-1 Farm Products Financing Statement is a critical legal document used in securing loans and other financial transactions involving agricultural products. It protects both the debtor and the secured party by establishing a public record of the financing arrangement. Different types of statements include traditional, amended, termination, and continuation, each serving a specific purpose within the realm of farm product financing.