Hillsborough Florida UCC1-AD Financing Statement Addendum

State:
Multi-State
County:
Hillsborough
Control #:
US-UCC1-AD
Format:
Word; 
PDF
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Description

This form is a UCC Financing Statement Addendum for use in documenting personal property used as collateral for a loan. Available in Word and Adobe pdf format.

The Hillsborough Florida UCC1-AD Financing Statement Addendum is a legal document that serves as an extension or supplement to the UCC1-AD Financing Statement in the state of Hillsborough, Florida. It contains essential additional information related to the financing statement, providing a detailed description of the collateral involved in the transaction. Keywords: Hillsborough Florida, UCC1-AD Financing Statement Addendum, legal document, extension, supplement, UCC1-AD Financing Statement, collateral. The UCC1-AD Financing Statement Addendum in Hillsborough Florida is primarily used when there is a need to provide further clarity on the collateral being pledged in a secured transaction. This additional information is crucial to ensure proper recording and notice to interested parties, protecting the rights of both debtors and secured parties involved in the transaction. There are different types of UCC1-AD Financing Statement Addendums that may be used in Hillsborough, Florida, depending on the nature of the transaction and the specific details required. Some common types include: 1. General Addendums: These addendums provide a comprehensive description of the collateral, highlighting its type, quantity, quality, and any additional terms or conditions related to the transaction. 2. Detailed Description Addendums: These addendums offer a more specific and detailed breakdown of the collateral involved. They may include serial numbers, brand names, model numbers, or any other relevant identifying information to accurately describe the collateral. 3. Amended Addendums: These addendums are used to make changes or corrections to a previously filed UCC1-AD Financing Statement. They may be used to update or modify the collateral description or any other essential information already filed. 4. Termination Addendums: These addendums are utilized when the secured party wants to terminate or release their interest in the collateral. They provide a legal notice to interested parties that the collateral is no longer secured under the UCC1-AD Financing Statement. It is crucial to consult with legal professionals or the appropriate authorities in Hillsborough, Florida, to determine the exact type of UCC1-AD Financing Statement Addendum required for a specific transaction. These addendums must be properly completed, signed, and filed to ensure legal compliance and protect the interests of all parties involved.

How to fill out UCC1-AD Financing Statement Addendum?

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FAQ

To file a UCC financing statement in Florida, you must complete the UCC-1 form and submit it to the Florida Division of Corporations. You can file online, by mail, or in person. If you are dealing with a Hillsborough Florida UCC1-AD Financing Statement Addendum, ensuring accuracy in your filing is critical for protecting your rights. Consider using US Legal Forms to streamline the process and reduce the possibility of errors.

To file a UCC financing statement in New York, you should go to the New York Department of State's Division of Corporations. You can file online or by mail, depending on your preference. Proper filing ensures that your Hillsborough Florida UCC1-AD Financing Statement Addendum is recognized and protected. It's crucial to follow state-specific guidelines to avoid any delays.

In Florida, you file a UCC financing statement, including the Hillsborough Florida UCC1-AD Financing Statement Addendum, with the Florida Secretary of State. This office maintains the official records for such filings and ensures that your financing statement is properly indexed. Utilizing the uslegalforms platform can simplify the filing process by providing the correct forms and guidance.

You can file a UCC financing statement through the appropriate state office, typically the Secretary of State's office in your state. For those in Hillsborough, Florida, filing ensures that the details of your UCC1-AD Financing Statement Addendum are officially recorded. This filing can protect your interests and create a public record of security interests.

To file a termination: Go to the UCC filing system. Click on "Amend an existing record" Enter the original document number of the record that will be terminated. Choose the filing office where the original document was filed in the drop-down menu. Click on "Search." Review the record information.

UCC Financing Statements: Most filings are effective for five years. For example, if you file on , then the filing will expire (lapse) on .

To assist the Bureau, filers may wish to delete this information prior to filing. You may contact the Uniform Commercial Code section by calling (717) 787-1057 option 2, or by mail at: Uniform Commercial Code, PO Box 8721, Harrisburg, PA 17105.

How do I terminate a UCC financing statement? Please use the financing statement amendment form (UCC3) and refer to O.C.G.A. § 11-9-513.

Ask the lender to terminate the lien upon payoff. When you pay off a loan, a good rule of thumb is to immediately submit a request with the lender to file a UCC-3 form with your secretary of state. The UCC-3 will terminate the lien on your company's asset (or assets) and remove the UCC-1 filing.

If at any time any Grantor shall take a security interest in any property of an Account Debtor or any other person to secure payment and performance of an Account, such Grantor shall promptly assign such security interest to the Collateral Agent.

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Hillsborough Florida UCC1-AD Financing Statement Addendum