Wednesday, March 10, 2010

Demand for Additional Collateral | Free Sample Printable Blank Legal Forms

Demand for Additional Collateral

_______________________________
_______________________________
_______________________________

DEMAND FOR ADDITIONAL COLLATERAL

Pursuant to the security agreement entered into between the parties on _____________________, the secured party deems itself insecure, and demands that you provide additional collateral with a value of $____(______________ & ____/100 dollars) no later than _________________________. The repayment of the security agreement may be accelerated if such collateral is not provided by that time.

Dated: ___________________



_______________________________________
__________________________ By Secured Party

No comments: