The Iowa #411046 Application for Notation of Security Interest is a legal document used to register and record a security interest in a debtor's personal property. It is used to secure the creditor's interest in the debtor's property and create a public record of the debt. This document is filed with the Iowa Secretary of State's office, and it is valid for five years. The document must also be signed by the debtor, the secured party, and any guarantor. There are two different types of Iowa #411046 Application for Notation of Security Interest: one for consumer transactions and one for commercial transactions. The consumer transaction form is used when the debtor is an individual and the secured party is a business. The commercial transaction form is used when the debtor is a business and the secured party is also a business.