The Clarksville Tennessee UCC3 Financing Statement Amendment Addendum is an essential legal document used in the state of Tennessee to modify and update the information provided in the initial UCC3 Financing Statement. It serves as an addendum to the original statement, allowing individuals and businesses to make necessary amendments or corrections to the existing filing. This addendum is governed by the Uniform Commercial Code (UCC), which ensures uniformity in commercial transactions across the United States. Filing a UCC3 Financing Statement Amendment Addendum is crucial to maintain accurate and up-to-date information regarding secured transactions. It provides a straightforward way to reflect changes made to the original financing statement, such as updating debtor or secured party information, providing additional collateral details, or making any other relevant changes. The Clarksville Tennessee UCC3 Financing Statement Amendment Addendum is available in various types, depending on the specific amendment being made. Here are a few common types: 1. Debtor Information Amendment: This type involves updating the personal or business information of the debtor, such as their legal name, address, or any other relevant details. 2. Secured Party Information Amendment: In case of a change in the secured party's information, this type of amendment is used to reflect the new details of the secured party, including their name, address, or any other necessary changes. 3. Collateral Amendment: When additional collateral is being added or removed from the existing financing statement, a collateral amendment addendum is filed to accurately reflect the updated collateral information. 4. Termination Amendment: Should the need arise to terminate or release a previously filed UCC3 Financing Statement, a termination amendment is filed to indicate the termination and remove the statement from official records. To file a Clarksville Tennessee UCC3 Financing Statement Amendment Addendum, it is important to follow the guidelines and instructions provided by the Tennessee Secretary of State's Office. This ensures that all necessary fields are correctly completed and that the addendum is processed accurately and efficiently. It is recommended to seek legal counsel or assistance from professionals experienced in UCC filings to ensure compliance with all relevant laws and regulations. Filing the Clarksville Tennessee UCC3 Financing Statement Amendment Addendum correctly is crucial to maintaining the validity and accuracy of secured transactions and protecting the interests of all parties involved.