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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

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Ask the lender to terminate the lien upon payoff. A good rule of thumb is to request that your lender file a UCC-3 form with your secretary of state as soon as possible after you pay off your loan. The UCC-3 will terminate the lien on your company's assets (or assets) and remove the UCC-1 filing.
The secured party may assign the rights to some portion or percentage of all the collateral covered by the initial UCC financing statement to another party. (A partial assignment.)
A UCC (Uniform Commercial Code) financing statement is a mortgage or security agreement that uses personal property as collateral. These agreements are recorded in the county if real property is affected.
Sec. 9515. (1) Except as otherwise provided in subsections (2), (5), (6), and (7), a filed financing statement is effective for a period of 5 years after the date of filing.
The Uniform Commercial Code (UCC) online service for customers filing financial statements and liens through the Secretary of State.
The Uniform Commercial Code (UCC) Online Service is available 24 hours a day for the filing and searching of financing statements, federal tax liens, state tax liens and unemployment liens.