Business Collections Demand for Collateral - By Secured Party

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DEMAND FOR COLLATERAL BY SECURED PARTY Date: _________________ To: __________________ PURSUANT to the terms of a certain security agreement and promissory note dated ________________________ you are in default due to your failure to: __________ __________________________________________. Therefore, you must turn over the collateral to my representative pursuant to the security agreement and the Uniform Commercial Code. _________________________________ Signature _____________________ Date

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