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However Blakney found out the engine was slower than what JJ's written after completed deal. Blakney sued J.J breach of collateral contract.An entire agreement clause should explicitly carve out fraud and fraudulent concealment from its provisions. Breach or non-performance of contract. A conditional sales agreement grants possession of an asset to the buyer, but not legal ownership until the sale price is paid in full. Prepare Form 2276, Collateral Deposit Record, for identification of the collateral agreement and for adequate control through IRACS. Loan agreements can take several forms. 4.17Termination of Agreement; Release of Security Interest. Months and the total number of periodic payments due.