UCC3 - Financing Statement Amendment Addendum - Texas - For use after July 1, 2001. This form is to be used as an addendum to the financing statement amendment. This form is to be filed in the real estate records.
An amendment addendum is a crucial document when it comes to the Mesquite Texas UCC3 Financing Statement. This statement is filed to update or modify the original financing statement and ensure accuracy and completeness of the information provided. The amendment addendum serves as an attachment to the original statement, providing details about the changes made. In Mesquite, Texas, there are two common types of UCC3 Financing Statement Amendment Addendums: 1. UCC3 Financing Statement Amendment Addendum — Termination: This type of addendum is used when there is a need to terminate or release the financing statement entirely. It includes relevant information such as the original statement number, debtor's name, secured party's name, and the reason for termination. The termination addendum is crucial for removing the lien or security interest on the debtor's assets or property. 2. UCC3 Financing Statement Amendment Addendum — Continuation: When a financing statement is nearing its expiration, a continuation addendum is filed to extend the effectiveness of the original statement. This addendum provides updated information regarding the debtor, secured party, and the expiration date extension. It ensures that the original filing remains effective beyond its initial expiration date. The Mesquite Texas UCC3 Financing Statement Amendment Addendum serves as a valuable tool for accurately reflecting any changes made to the original financing statement. Whether it's a termination addendum to release a secured party's claim or a continuation addendum to extend the statement's validity, these addendums ensure the UCC3 filing remains current, reliable, and legally binding. Keywords: Mesquite Texas, UCC3 Financing Statement, amendment addendum, termination, release, continuation, expiration, lien, security interest, debtor, secured party.An amendment addendum is a crucial document when it comes to the Mesquite Texas UCC3 Financing Statement. This statement is filed to update or modify the original financing statement and ensure accuracy and completeness of the information provided. The amendment addendum serves as an attachment to the original statement, providing details about the changes made. In Mesquite, Texas, there are two common types of UCC3 Financing Statement Amendment Addendums: 1. UCC3 Financing Statement Amendment Addendum — Termination: This type of addendum is used when there is a need to terminate or release the financing statement entirely. It includes relevant information such as the original statement number, debtor's name, secured party's name, and the reason for termination. The termination addendum is crucial for removing the lien or security interest on the debtor's assets or property. 2. UCC3 Financing Statement Amendment Addendum — Continuation: When a financing statement is nearing its expiration, a continuation addendum is filed to extend the effectiveness of the original statement. This addendum provides updated information regarding the debtor, secured party, and the expiration date extension. It ensures that the original filing remains effective beyond its initial expiration date. The Mesquite Texas UCC3 Financing Statement Amendment Addendum serves as a valuable tool for accurately reflecting any changes made to the original financing statement. Whether it's a termination addendum to release a secured party's claim or a continuation addendum to extend the statement's validity, these addendums ensure the UCC3 filing remains current, reliable, and legally binding. Keywords: Mesquite Texas, UCC3 Financing Statement, amendment addendum, termination, release, continuation, expiration, lien, security interest, debtor, secured party.
