The UCC Financing Statement Amendment, or UCC3Ad form, serves a pivotal role in the communication and legal clarification between lenders and borrowers in the realm of secured transactions. This form is integral for making amendments to an existing UCC financing statement, which could include actions such as the termination of the statement, the assignment of rights to another party, continuation of effectiveness, changes in party information, and adjustments to the collateral description. Aimed at maintaining the accuracy and relevance of the filed statement, the UCC3Ad facilitates various adjustments that reflect changes in the agreement or the status of the collateral. It requires detailed input, including the initial financing statement file number to ensure proper linkage and identification, alongside specifics about the modifications being enacted. Whether it’s altering party information like names and addresses, adjusting the collateral affected, or transferring rights via assignments, the form serves as a critical tool for updating and preserving the validity and enforceability of the security interest under U.S. commercial law. It's important that parties complete the form carefully, as inaccuracies can have significant legal ramifications. The form highlights the importance of clarity and precision in the filing process, ensuring that all parties have a mutual understanding of the terms and any updates to those terms, necessitating a careful review of instructions and potential consultation with legal counsel for proper execution.
| Question | Answer |
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| Form Name | Form Ucc3Ad |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | ucc3ad financing statement amendment addendum, ucc financing statement addendum pdf, ucc3ad ucc, ucc3ad form |
MAIL: LINDA McCULLOCH
Secretary of State
P.O. Box 202801
Helena, MT
PHONE: (406)
FAX: (406)
WEB SITE: sos.mt.gov
UCC FINANCING STATEMENT AMENDMENT
FOLLOW INSTRUCTIONS
A. NAME & PHONE OF CONTACT AT FILER (optional)
B.
C.SEND ACKNOWLEDGMENT TO: (Name and Address)
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THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY |
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1a. INITIAL FINANCING STATEMENT FILE NUMBER |
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1b. |
This FINANCING STATEMENT AMENDMENT is to be filed [for record] |
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(or recorded) in the REAL ESTATE RECORDS |
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Filer: attach Amendment Addendum (Form UCC3Ad) and provide Debtor’s name in item |
2. TERMINATION: Effectiveness of the Financing Statement identified above is terminated with respect to the security interest(s) of Secured Party authorizing this Termination Statement
3.
ASSIGNMENT (full or partial): Provide name of Assignee in item 7a or 7b, and address of Assignee in item 7c and name of Assignor in item 9 For partial assignment, complete items 7 and 9 and also indicate affected collateral in item 8
4.
CONTINUATION: Effectiveness of the Financing Statement identified above with respect to the security interest(s) of Secured Party authorizing this Continuation Statement is continued for the additional period provided by applicable law
5.
PARTY INFORMATION CHANGE:
Check one of these two boxes: |
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AND Check one of these three boxes to: |
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CHANGE name and/or address: Complete |
ADD name: Complete item |
DELETE name: Give record name |
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This Change affects |
Debtor or |
Secured Party of record |
item 6a or 6b; and item 7a or 7b and item 7c |
7a or 7b, and item 7c |
to be deleted in item 6a or 6b |
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6.CURRENT RECORD INFORMATION: Complete for Party Information Change - provide only one name (6a or 6b) 6a. ORGANIZATION'S NAME
OR |
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6b. INDIVIDUAL'S SURNAME |
FIRST PERSONAL NAME |
ADDITIONAL NAME(S)/INITIAL(S) |
SUFFIX |
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7.CHANGED OR ADDED INFORMATION: Complete for Assignment or Party Information Change - provide only one name (7a or 7b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor’s name) 7a. ORGANIZATION'S NAME
OR 7b. INDIVIDUAL'S SURNAME
INDIVIDUAL'S FIRST PERSONAL NAME
INDIVIDUAL'S ADDITIONAL NAME(S)/INITIAL(S)
SUFFIX
7c. MAILING ADDRESS
CITY
STATE
POSTAL CODE
COUNTRY
8.
COLLATERAL CHANGE: Also check one of these four boxes:
Indicate collateral:
ADD collateral
DELETE collateral
RESTATE covered collateral
ASSIGN collateral
9.NAME OF SECURED PARTY OF RECORD AUTHORIZING THIS AMENDMENT: Provide only one name (9a or 9b) (name of Assignor, if this is an Assignment)
If this is an Amendment authorized by a DEBTOR, check here |
and provide name of authorizing Debtor |
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9a. ORGANIZATION'S NAME |
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OR |
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9b. INDIVIDUAL'S SURNAME |
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FIRST PERSONAL NAME |
ADDITIONAL NAME(S)/INITIAL(S) |
SUFFIX |
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10. OPTIONAL FILER REFERENCE DATA: |
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FILING OFFICE COPY — UCC FINANCING STATEMENT AMENDMENT (Form UCC3) (Rev. 7/1/2013)
Instructions for UCC Financing Statement Amendment (Form UCC3)
Please type or
Fill in form very carefully; mistakes may have important legal consequences. If you have questions, consult your attorney. The filing office cannot give legal advice.
Send completed form and any attachments to the filing office, with the required fee.
ITEM INSTRUCTIONS
A and B. To assist filing offices that might wish to communicate with filer, filer may provide information in item A and item B. These items are optional.
C.Complete item C if filer desires an acknowledgment sent to them. If filing in a filing office that returns an acknowledgment copy furnished by filer, present simultaneously with this form the Acknowledgment Copy or a carbon or other copy of this form for use as an acknowledgment copy.
Always complete items 1a and 9.
1a. File Number. Enter file number of initial financing statement to which this Amendment relates. Enter only one file number. In some states, the file number is not unique; in those states, also enter in item 1a, after the file number, the date that the initial financing statement was filed. In addition, the Montana Secretary of State’s Office requires at least one debtor and one secured party appear on the amendment form that agrees with our records. You may reflect the debtor name in item 6 or 10. The secured party name may be reflected under Item 9.
1b. If this Amendment is to be filed in the real estate records or in any other filing office where the name of current Debtor is required for indexing purposes, check the box in item 1b and enter Debtor name in item 13 of Amendment Addendum (Form UCC3Ad). Complete item 13 in accordance with instructions on Amendment Addendum (Form UCC3Ad). If Debtor does not have an interest of record, enter the name and address of the record owner in item 16 of Amendment Addendum (Form UCC3Ad).
NOTE: Show purpose of this Amendment by checking box 2, 3, 4, 5, or 8 (in items 5 and 8 you must check additional boxes); also complete items 6, 7, and/or 8 as appropriate. Some, but not all filing offices accept multiple actions on an Amendment. Filing offices that accept multiple actions may charge an additional fee. Some filing offices that accept multiple actions may only index one of the actions requested. Consult the administrative rules of the designated filing office to determine the extent to which multiple actions will be accepted, indexed, and the applicable filing fees for multiple actions.
2.Termination. To terminate the effectiveness of the identified financing statement with respect to the security interest(s) of authorizing Secured Party, check box in item 2. See Instruction 9 below.
3.Assignment. To assign (1) some or all of Assignor’s right to amend the identified financing statement, or (2) the Assignor’s right to amend the identified financing statement with respect to some (but not all) of the collateral covered by the identified financing statement: Check box in item
3 and enter name of Assignee in item 7a or 7b; always enter the Assignee’s mailing address in item 7c. Also enter name of Assignor in item 9. If assignment affects the right to amend the financing statement which respect to some (but not all) of the collateral covered by the identified financing statement, check the ASSIGN collateral box and indicate the particular collateral covered in item 8.
4.Continuation. To continue the effectiveness of the identified financing statement with respect to the security interest(s) of authorizing Secured Party, check box in item 4. See Instruction 9 below.
To change the name and/or address of a party (items 5, 6, and 7): Check box in item 5 to indicate whether this Amendment relates to a Debtor or Secured Party of record; and check the CHANGE name and/or mailing address box in item 5 and enter name of affected party (current record name) in item 6a or 6b; and repeat or enter the new name in item 7a or 7b; always enter the party’s mailing address in item 7c.
To add a party (items 5 and 7): Check box in item 5 to indicate whether this Amendment relates to a Debtor or Secured Party of record; and check the ADD name box in item 5 and enter the added party’s name in item 7a or 7b; always enter the party’s mailing address in item 7c. For additional Debtors or Secured Parties, attach Amendment Additional Party (Form UCC3AP), using correct name format.
To delete a party (items 5 and 6): Check box in item 5 to indicate whether this Amendment relates to a Debtor or Secured Party of record; and check the DELETE name box in item 5 and enter the deleted party’s name in item 6a or 6b.
8.Collateral Change. To indicate a collateral change, check this box; also check additional box (as applicable) and describe the change in item
If space in item 8 is insufficient, continue collateral description in item 14 of Amendment Addendum (Form UCC3Ad). Do not include social security numbers or other personally identifiable information.
To add collateral: Check the ADD collateral box in item 8 and indicate the additional collateral.
To delete collateral: Check the DELETE collateral box in item 8 and indicate the deleted collateral. A partial release is a DELETE collateral change.
To restate covered collateral description: Check the RESTATE covered collateral box in item 8 and indicate the restated collateral.
To assign the right to amend the financing statement with respect to part (but not all) of the collateral covered by the identified financing statement: Comply with Instruction 3 above and check the ASSIGN collateral box in item 8.
If, due to a full release of collateral, filer no longer claims a security interest under the identified financing statement, check box in item 2 (Termination)
and not a box in item 8 (Collateral Change).
9.Name of Authorizing Party. Enter name of party of record authorizing this Amendment. In most cases, the authorizing party is the Secured Party of record. If this is an Amendment (Assignment), enter Assignor's name in item 9a or 9b. If this is an Amendment (Termination) authorized by a Debtor, check the box in item 9 and enter the name of the Debtor authorizing this Amendment in item 9a or 9b. If this Amendment (Termination) is to be filed or recorded in the real estate records, also enter, in item 12 of Amendment Addendum (Form UCC3Ad), the name of Secured Party of record. If there is more than one authorizing Secured Party or Debtor, enter additional name(s) in item 14 of Amendment Addendum (Form UCC3Ad).
10.Optional Filer Reference Data. This item is optional and is for filer's use only. For filer's convenience of reference, filer may enter in item 10 any identifying information that filer may find useful. Do not include social security numbers or other personally identifiable information.