Notice of Filing Extension of Grain Producer???ˆ s Lien form for use for security interest filing with Oregon filing office.
Title: Understanding the Eugene Oregon UCC GL-1 Notice of Filing Extension of Grain Producer's Lien Introduction: The Eugene Oregon UCC GL-1 Notice of Filing Extension of Grain Producer's Lien is a crucial legal document that plays a significant role in protecting the interests of grain producers and securing their financial claims. This detailed description aims to shed light on the purpose, components, and variations of this notice, providing a comprehensive understanding of its significance. Keywords: Eugene Oregon, UCC GL-1, Notice of Filing Extension, Grain Producer's Lien. 1. Purpose of the Eugene Oregon UCC GL-1 Notice of Filing Extension of Grain Producer's Lien: The purpose of the Eugene Oregon UCC GL-1 Notice of Filing Extension of Grain Producer's Lien is to extend the filing period for a lien claim on the sale of grain produced or delivered by the producer. It ensures that the lien remains valid and enforceable for an extended period, preventing potential financial disputes and ensuring the producer's rights are protected. 2. Components of the Eugene Oregon UCC GL-1 Notice of Filing Extension of Grain Producer's Lien: — Identification: The notice identifies the grain producer, providing relevant information such as name, address, contact details, and any unique identifiers. — Description of Grain: A detailed description of the grains in question, highlighting the type, quantity, quality, and any additional information that helps identify and differentiate the specific grain(s). — Original Filing Date: The original filing date of the grain producer's lien is included in the notice to reflect the previous claim. — Extended Filing Period: The notice specifies the new extended filing period, clearly outlining the start and end dates for the lien's validity. — Legal Aspects: The notice mentions the relevant legal sections and provisions pertaining to UCC GL-1 filings, grain producer's lien laws, and other applicable regulations. 3. Types of Eugene Oregon UCC GL-1 Notice of Filing Extension of Grain Producer's Lien: There may be variations in the types of Eugene Oregon UCC GL-1 Notice of Filing Extension of Grain Producer's Lien based on factors such as: — Time Extensions: A producer may file for an extension within a certain time frame, depending on specific circumstances, ensuring continued protection of their lien rights. — Partial Extensions: In some cases, a producer may extend the filing deadline for only a portion of the grain produced or delivered, while maintaining the original lien dates for the rest. — Additional Amendments: Producers may amend the initial filing by adding or modifying certain details or terms while extending the lien's validity period. Conclusion: The Eugene Oregon UCC GL-1 Notice of Filing Extension of Grain Producer's Lien serves as a vital legal tool for grain producers in protecting their interests and securing their financial claims. Understanding the purpose and components of this notice is crucial for both producers and relevant parties involved. By utilizing this notice effectively, grain producers can ensure their lien rights are safeguarded within the specified filing extension period, promoting a fair and transparent marketplace.
