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Special Report on

Security Agreement and Financing Statement

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The panel has voted to grant Northwest's petition for rehearing. The opinion issued December 16, 1987, is withdrawn. Before GOODWIN, ALARCON and LEAVY, Circuit Judges. ALARCON, Circuit Judge: 1 Defendants-appellants Lynnwood Equipment, Inc. (Lynnwood), Industrial Equipment Leasing, Inc. (IEL), James Bride and Linnie Bride (hereinafter collectively referred to as appellants) appeal from the judgment in favor of plaintiff-appellee Northwest Acceptance Corporation (Northwest) following the granting of partial summary judgment and the ruling at the first phase of the bench trial that the agreements between the parties were ...
is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt. It gives the beneficiary of the security interest certain preferential rights in the disposition of secured assets. Such rights vary according to the type of security interest, but in most cases, a holder of the security interest is entitled to seize, and usually sell, the property to discharge the debt that the security interest secures.
FHA Legal Requirements for Closing (United States): From the ...
Disclaimer/friendly advice: We are not legal counsel. Using this site, you agree that we have in no way represented ourselves to you as legal counsel. No partnership has been implied or created between LibraryOfLegalForms and you. This site exists for informational purposes only. As with all legal matters, you should have an attorney review any documents before you sign them. The best and least expensive way to have legal forms reviewed and to discuss them with an attorney is through getting your own legal plan. (Opens in new window) This is a form of legal requirements for an FHA property closing. The form provided here is ... market research, surveys and trends
Stop the Cap! » Frontier: Here Today, Gone Tomorrow
The month long experiment with Frontier DSL ended today when I canceled the service.  Frontier Communications of Rochester is the only broadband competitor for Time Warner in the Flower City, advertising speeds up to 10Mbps.  The key words there are “up to” and the fine print where they disclose they do not guarantee speed is something very important to consider, because they mean it. I have to say that Frontier’s second tier of customer support personnel are friendly, helpful, and accommodating, which is a net plus for them.  The front line customer service representatives in DeLand, Florida are another ... market research, surveys and trends


Sample Contracts - Loan and Security Agreement [Amendment No. 3 ...
THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENT, EXECUTED ON OR ABOUT DECEMBER 5, 2001, BETWEEN SILICON VALLEY BANK AND VISEON, INC AMONG HENRY S. MELLON and EXIM CORPORATION successors in interest to Silicon Valley Bank and VISEON, INC. Dated as of June 30, 2003 ================================================================= ... industry trends, business articles and survey research
THIS DEED OF TRUST and SECURITY AGREEMENT is made as of the 26th day of January, 2010 between KILROY REALTY, L.P., a Delaware limited partnership, whose mailing address is 12200 W. Olympic Boulevard, Suite 200, Los Angeles, CA 90064, herein (said Grantor/Trustor, whether one or more in number) called “Grantor”, and THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, a Wisconsin corporation, whose mailing address is 720 E. Wisconsin Avenue, Milwaukee, WI 53202, herein called “Trustee”, and THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, a Wisconsin corporation, whose mailing address is 720 E. Wisconsin Avenue, ... industry trends, business articles and survey research
This matter came before the Court on 1) Orix Capital Market, LLC's ("ORIX") Motion to Allow Secured Claim Pursuant to 11 U.S.C. § 506 and to Order Payment Thereof ("Motion to Allow")(doc 120) and the objection thereto ("Objection") filed by Market Center East Retail Property, Inc. ("Debtor")(doc 124), and 2) Debtor's Objection to Orix Capital Market's Claim ("Claim Objection")(doc 121). ORIX was represented by its attorney Thuma & Walker, P.C. (David T. Thuma and Stephanie L. Schaeffer). Debtor was represented by its attorney Cuddy & McCarthy, LLP (Daniel J. ... market trends, news research and surveys resources
Case No. 09-35228-BJH-11, Adversary No. 09-3447-bjh, consolidated with proceedings numbered 09-3448, 09-3450, 09-3452 and 09-3457. United States Bankruptcy Court, N.D. Texas, Dallas Division. August 9, 2010. BARBARA J. HOUSER, Bankruptcy Judge Before the Court are: (i) defendant Union Bank of California, N.A. n/k/a Union Bank, N.A.'s ("Union Bank's") Motion for Summary Judgment and Brief in Support (the "Union Bank Motion"); (ii) plaintiffs Baker Hughes Oilfield Operations, Inc. ("Baker Hughes"), Schlumberger Technology Corporation, Simons Petroleum, Inc., Texas CES, Inc. ("Texas ... market trends, news research and surveys resources


Practical Pointers for Revised Article 9: Desirable Changes to ...
presentation provides suggestions for modifying the security agreement and financing statement, for rethinking where to search and file financing statements ... technology research, surveys study and trend statistics
Securing Debt Payment Through UCC Article 9 and Construction Liens ...
Article 9 of the Uniform Commercial Code provides a means for a supplier of goods on credit to secure payment. Materialmen's lines provide a means for a contractor, sub-contractor, supplier, laborer, or professional such as an architect or engineer on a construction project to secure payment of his unpaid account. Each one has different means of foreclosure and each are independent of the other, although a supplier of material on a construction project could use Article 9 of the UCC, in addition to the materialmen's lien. A problem could arise, however, in the use of Article 9 when the materials are incorporated into ... technology research, surveys study and trend statistics
U.C.C. - ARTICLE 9 -§9-402.
from which information concerning the security interest may be obtained, gives a mailing address of the debtor and contains a statement indicating the types, or describing the items, of collateral . A financing statement may be filed before a security agreement is made or a security interest otherwise attaches. When the financing statement covers crops growing or to be grown, the statement must also contain a description of the real estate concerned. When the financing statement covers timber to be cut or covers minerals or the like (including oil and gas) or accounts subject to subsection (5) of Section 9-103 , ...
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WikiAnswers - What is a UCC-1 agreement
UCC-1 stands for Uniform Commercial Code Form 1. It is a "Financing Statement" that is filed to show that one party (usually a lender) has a security interest in another party's (usually a borrower's) property. It applies to personal property, not real estate. It is not an agreement. It is just notice to the world that one person claims that it has an interest in someone else's property, usually as collateral for a debt. It is normally filed in the office of the Secretary of State in the state where the debtor/borrower is located. In most cases, located means the state of incorporation for corporations, ...
Google Answers: Promissory Note for Personal Loan
Any addition(s) or omission(s) as recommendation for the Promissory Note below? I am planning to loan money to several people, and have them pay me in installments but with interest. Any legal issues that I should consider and know about before lending? Please advice me. Thanks Promissory Note for Personal Loan (Installment Payments With Interest) Name of Borrower 1: ________________________________ Name of Borrower 2: ________________________________ Name of Lender: ________________________________ 1. For value received, Borrower promises to pay to Lender the amount of $ ___________ on ________________ [date payment ...