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Description
This form is a UCC Financing Statement Addendum for use in documenting personal property used as collateral for a loan. Available in Word and Adobe pdf format.
Omaha Nebraska UCC1-AD Financing Statement Addendum Related Searches
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Interesting Questions
Yes, you can amend it if something changes or if you have more assets to add. Just remember it's like changing the rules in the middle of a game!
Without filing a UCC1-AD when needed, you might miss out on protecting your interests in those added assets, potentially leaving your lender in the lurch.
You can file a UCC1-AD with the Nebraska Secretary of State's office, either online or through traditional mail. It’s as easy as pie if you follow their instructions!
Typically, the secured party, or the lender, files the UCC1-AD to protect their interests in the collateral. It’s like putting a 'keep out' sign on your assets.
While a regular UCC financing statement lists your collateral, the UCC1-AD adds extra info or clarifications about those items, like making sure nothing gets left behind.
A UCC1-AD is a form used to add more details to an existing UCC financing statement. Think of it as updating your contact info but for your business assets.