This form is a UCC financing statement addendum to amendment for use in recording security interests in personal property. Use to add an addendum to an existing recorded lien.
The Bellevue Washington UCC3 Financing Statement Amendment Addendum is an important legal document used to modify or update the information provided in the original UCC3 Financing Statement for securing commercial transactions in Bellevue, Washington. This addendum is relevant in instances where there is a need to revise or supplement the existing UCC3 Financing Statement, or when certain changes occur which affect the validity, accuracy, or priority of the original filing. As for different types of Bellevue Washington UCC3 Financing Statement Amendment Addendum, they can be categorized based on various scenarios where modifications or amendments are necessary. Some possible types include: 1. Corrective Addendum: This type of addendum is utilized when there are clerical or typographical errors in the original UCC3 Financing Statement that need to be rectified. It requires listing the specific errors or inaccuracies and providing the correct information to ensure the accuracy and validity of the document. 2. Termination Addendum: In cases where the financing statement needs to be terminated, either due to the completion of the secured obligations or other circumstances, a termination addendum is required. This addendum outlines the reasons for termination and serves as formal notice that the UCC3 Financing Statement is no longer valid. 3. Amendment Addendum: An amendment addendum is used when certain information in the original UCC3 Financing Statement requires modification or updates. It could include changes to debtor's information, secured party's information, collateral description, or any other relevant details. This addendum ensures that the updated information is accurately reflected in the UCC3 Financing Statement. 4. Continuation Addendum: When the initial financing statement is about to expire, a continuation addendum is filed to extend the effectiveness of the UCC3 Financing Statement. This addendum is usually used to maintain the perfected security interest beyond the initial filing period, allowing the secured party to retain priority over other creditors. 5. Assignment Addendum: In case the secured party transfers or assigns their interest in the collateral to another party, an assignment addendum is required. This addendum reflects the change in secured parties and may involve providing the new party's information and relinquishing the interest of the original secured party. It is important to consult legal experts or professionals to determine the specific type of Bellevue Washington UCC3 Financing Statement Amendment Addendum applicable to individual scenarios, ensuring compliance with state laws and accurately representing any changes to the original financing statement.The Bellevue Washington UCC3 Financing Statement Amendment Addendum is an important legal document used to modify or update the information provided in the original UCC3 Financing Statement for securing commercial transactions in Bellevue, Washington. This addendum is relevant in instances where there is a need to revise or supplement the existing UCC3 Financing Statement, or when certain changes occur which affect the validity, accuracy, or priority of the original filing. As for different types of Bellevue Washington UCC3 Financing Statement Amendment Addendum, they can be categorized based on various scenarios where modifications or amendments are necessary. Some possible types include: 1. Corrective Addendum: This type of addendum is utilized when there are clerical or typographical errors in the original UCC3 Financing Statement that need to be rectified. It requires listing the specific errors or inaccuracies and providing the correct information to ensure the accuracy and validity of the document. 2. Termination Addendum: In cases where the financing statement needs to be terminated, either due to the completion of the secured obligations or other circumstances, a termination addendum is required. This addendum outlines the reasons for termination and serves as formal notice that the UCC3 Financing Statement is no longer valid. 3. Amendment Addendum: An amendment addendum is used when certain information in the original UCC3 Financing Statement requires modification or updates. It could include changes to debtor's information, secured party's information, collateral description, or any other relevant details. This addendum ensures that the updated information is accurately reflected in the UCC3 Financing Statement. 4. Continuation Addendum: When the initial financing statement is about to expire, a continuation addendum is filed to extend the effectiveness of the UCC3 Financing Statement. This addendum is usually used to maintain the perfected security interest beyond the initial filing period, allowing the secured party to retain priority over other creditors. 5. Assignment Addendum: In case the secured party transfers or assigns their interest in the collateral to another party, an assignment addendum is required. This addendum reflects the change in secured parties and may involve providing the new party's information and relinquishing the interest of the original secured party. It is important to consult legal experts or professionals to determine the specific type of Bellevue Washington UCC3 Financing Statement Amendment Addendum applicable to individual scenarios, ensuring compliance with state laws and accurately representing any changes to the original financing statement.
