Business Collections Demand for Possession of Collateral - By Secured Party

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DEMAND FOR POSSESSION OF COLLATERAL BY SECURED PARTY Date: _______________ To: ________________________ Pursuant to the security agreement dated ____________________ by and between us wherein you were obligated to deliver __________________________ as collateral. You are presently in default under said agreement. Therefore, demand is hereby made unto you to surrender possession of said collateral to me immediately at ___________ ___________________________ pursuant to the terms of the Security Agreement and the Uniform Commercial Code. ________________________________ Signature __________________ Date

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