Alameda, California is a vibrant city located in the San Francisco Bay Area. It is known for its beautiful marinas, stunning views, and diverse community. The UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 is an important legal document used in Alameda, California and other jurisdictions to provide amendments to a previously filed UCC3-AD financing statement. This addendum is used when there is a need to modify or update the existing financing statement. It ensures that all parties involved have accurate and up-to-date information regarding the transaction. The UCC3-AD Financing Statement Amendment Addendum is a crucial component of the Uniform Commercial Code (UCC), which provides standardized rules and regulations for commercial transactions across the United States. There are various types of UCC3-AD Financing Statement Amendment Addendums available, each serving a different purpose depending on the situation. Some common types include: 1. UCC3-AD Financing Statement Amendment Addendum — Name Change: This is used when there is a change in the debtor's name or any other related details. It ensures that the financing statement reflects the updated information accurately. 2. UCC3-AD Financing Statement Amendment Addendum — Collateral Change: In the event of changes to the collateral involved in the financing statement, this addendum is used to reflect the modifications and update the record accordingly. 3. UCC3-AD Financing Statement Amendment Addendum — Termination: If the financing statement is no longer valid or needs to be terminated due to the satisfaction of the debt, this addendum is filed to officially remove the financing statement from public record. 4. UCC3-AD Financing Statement Amendment Addendum — Continuation: This addendum is used to extend the effectiveness of a financing statement beyond its original expiration date. It ensures that the security interest remains in effect for an extended period. Overall, the UCC3-AD Financing Statement Amendment Addendum — Revised 7-29-98 plays a crucial role in maintaining accurate and updated records for commercial transactions in Alameda, California. It safeguards the rights and interests of all parties involved while adhering to the guidelines set forth by the Uniform Commercial Code.