Ucc 3 Form PDF Details

Within the realm of commercial transactions and secured lending, the Uniform Commercial Code Financing Statement Amendment, commonly known as the UCC-3 form, plays a pivotal role in maintaining the accuracy and currency of the public record. This form serves as a tool for participants in secured transactions to amend, assign, continue, or terminate a previously filed UCC-1 financing statement, thus reflecting changes in the status or details of the security interest or the parties involved. Key functions of the UCC-3 include the termination of a financing statement, continuation of the effectiveness of a financing statement beyond its original expiry, assignment of a secured party's interest in the collateral, and amendments to party information such as names or addresses. Moreover, it can effectuate changes to the collateral itself, either by adding or deleting collateral, providing a restated description of the collateral, or indicating an assignment of the secured interest. It's crucial for filers to follow instructions meticulously and ensure legibility, as inaccuracies may lead to significant legal implications. The form demands precise information about the initial financing statement, parties involved (whether adding, deleting, or amending details), and the specific nature of any amendment, highlighting the necessity for attention to detail and accuracy in these procedural amendments.

QuestionAnswer
Form NameUcc 3 Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesNorth_Dakota, UCC3, SSN, assignor

Form Preview Example

UCCFINANCINGSTATEMENTAMENDMENT

FOLLOW INSTRUCTIONS (front and back) CAREFULLY

A.NAME&PHONEOFCONTACTATFILER[optional]

B. SEND ACKNOWLEDGMENT TO: (Name and Address)

THEABOVESPACEISFORFILINGOFFICEUSEONLY

1a. INITIAL FINANCING STATEMENT FILE #

1b. This FINANCING STATEMENT AMENDMENT is to be filed [for record] (or recorded) in the

REAL ESTATE RECORDS.

2.

 

TERMINATION: Effectiveness of the Financing Statement identified above is terminated with respect to security interest(s) of the Secured Party authorizing this Termination Statement.

 

 

 

 

 

 

 

3.

 

CONTINUATION: Effectiveness of the Financing Statement identified above with respect to security interest(s) of the Secured Party authorizing this Continuation Statement is

 

 

continued for the additional period provided by applicable law.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

 

ASSIGNMENT (full or partial): Give name of assignee in item 7a or 7b and address of assignee in item 7c; and also give name of assignor in item 9.

 

 

 

 

 

 

 

5. AMENDMENT (PARTY INFORMATION): This Amendment affects

 

Debtor or

 

Secured Party of record. Check only one of these two boxes.

 

 

 

 

 

 

 

Also check one of the following three boxes and provide appropriate information in items 6 and/or 7.

CHANGEnameand/oraddress:Pleaserefertothedetailedinstructions inregardstochangingthename/addressofaparty.

DELETE name: Give record name to be deleted in item 6a or 6b.

ADDname:Completeitem7aor7b,andalsoitem7c; alsocompleteitems7e-7g(ifapplicable).

6.CURRENT RECORD INFORMATION: 6a. ORGANIZATION'S NAME

OR

 

 

 

 

6b. INDIVIDUAL'S LAST NAME

FIRSTNAME

MIDDLE NAME

SUFFIX

 

 

 

 

 

7.CHANGED (NEW) OR ADDED INFORMATION: 7a. ORGANIZATION'S NAME

OR

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7b. INDIVIDUAL'S LAST NAME

 

 

 

 

FIRST NAME

 

 

MIDDLE NAME

SUFFIX

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7c. MAILING ADDRESS

 

 

 

 

 

 

 

CITY

 

 

STATE

POSTAL CODE

COUNTRY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7d. SEEINSTRUCTIONS

 

ADD'L INFO RE

7e.TYPEOFORGANIZATION

7f.JURISDICTIONOFORGANIZATION

7g. ORGANIZATIONAL ID #, if any

 

 

 

 

 

 

 

ORGANIZATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DEBTOR

 

 

 

 

 

 

 

 

 

 

 

NONE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8. AMENDMENT (COLLATERAL CHANGE): check only one box.

 

 

 

 

 

 

 

 

Describe collateral

 

deleted or

 

added,

or give entire

 

restated collateral description, or describe collateral

 

assigned.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.NAMEOF SECURED PARTYOF RECORD AUTHORIZING THIS AMENDMENT (name of assignor, if this is an Assignment). If this is an Amendment authorized by a Debtor which adds collateral or adds the authorizing Debtor, or if this is a Termination authorized by a Debtor, check here and enter name of DEBTOR authorizing this Amendment.

9a. ORGANIZATION'S NAME

OR

 

 

 

 

9b. INDIVIDUAL'S LAST NAME

FIRST NAME

MIDDLE NAME

SUFFIX

 

 

 

 

10.OPTIONALFILERREFERENCEDATA

 

 

 

FILING OFFICE COPY — UCC FINANCING STATEMENT AMENDMENT (FORM UCC3) (REV. 05/22/02)

InstructionsforUCCFinancingStatementAmendment(FormUCC3)

Please type or laser-print this form. Be sure it is completely legible. Read all Instructions, especially Instruction 1a; correct file number of initial financing statementiscrucial. FollowInstructionscompletely.

Fillinformverycarefully;mistakesmayhaveimportantlegalconsequences. Ifyouhavequestions,consultyourattorney. Filingofficecannotgivelegaladvice. Donotinsertanythingintheopenspaceintheupperportionofthisform;itisreservedforfilingofficeuse.

AnAmendmentmayrelatetoonlyonefinancingstatement. Donotentermorethanonefilenumberinitem1a.

Whenproperlycompleted,sendFilingOfficeCopy,withrequiredfee,tofilingoffice. Ifyouwantanacknowledgment,completeitemBand,iffilinginafiling officethatreturnsanacknowledgmentcopyfurnishedbyfiler,youmayalsosendAcknowledgmentCopy,otherwisedetach. AlwaysdetachDebtorand Secured Party Copies.

Ifyouneedtouseattachments,youareencouragedtouseeitherAmendmentAddendum(FormUCC3Ad)orAmendmentAdditionalParty(FormUCC3AP). Always complete items 1a and 9.

A.Toassistfilingofficesthatmightwishtocommunicatewithfiler,filermayprovideinformationinitemA. Thisitemisoptional.

B.CompleteitemBifyouwantanacknowledgmentsenttoyou. Iffilinginafilingofficethatreturnsanacknowledgmentcopyfurnishedbyfiler,presentsimultaneously withthisformacarbonorothercopyofthisformforuseasanacknowledgmentcopy.

1a. Filenumber:Enterfilenumberofinitialfinancingstatementtowhichthis Amendmentrelates. Enteronlyonefilenumber. Insomestates,thefile numberisnotunique;inthosestates,alsoenterinitem1a,afterthefile number,thedatethattheinitialfinancingstatementwasfiled.

1b. OnlyifthisAmendmentistobefiledorrecordedintherealestaterecords, check box 1b and also, in item 13 of Amendment Addendum, enter Debtor’sname,inproperformatexactlyidenticaltotheformatofitem1 offinancingstatement,andnameofrecordownerifDebtordoesnothave arecordinterest.

Note: ShowpurposeofthisAmendmentbycheckingbox2,3,4,5(initem5 you must check two boxes) or 8; also complete items 6, 7 and/or 8 as appropriate. FilermayusethisAmendmentformtosimultaneouslyaccomplish bothdatachanges(items4,5,and/or8)andaContinuation(item3),although insomestatesfilermayhavetopayaseparatefeeforeachpurpose.

2.Toterminatetheeffectivenessoftheidentifiedfinancingstatementwith respecttosecurityinterest(s)ofauthorizingSecuredParty,checkbox2. SeeInstruction9below.

3.Tocontinuetheeffectivenessoftheidentifiedfinancingstatementwith respecttosecurityinterest(s)ofauthorizingSecuredParty,checkbox3. SeeInstruction9below.

4.To assign (i) all of assignor’s interest under the identified financing statement,or(ii)apartialinterestinthesecurityinterestcoveredbythe identifiedfinancingstatement,or(iii)assignor’sfullinterestinsome(but not all) of the collateral covered by the identified financing statement: Checkboxinitem4andenternameofassigneeinitem7aifassigneeis anorganization,orinitem7b,formattedasindicated,ifassigneeisan individual. Complete 7a or 7b, but not both. Also enter assignee’s address in item 7c. Also enter name of assignor in item 9. If partial Assignmentaffectsonlysome(butnotall)ofthecollateralcoveredbythe identifiedfinancingstatement,filermaycheckappropriateboxinitem8 andindicateaffectedcollateralinitem8.

5,6,7.To change the name of a party: Check box in item 5 to indicate whether this Amendment amends information relating to a Debtor or aSecuredParty;alsocheckboxinitem5toindicatethatthisisaname change; also enter name of affected party (current record name) in item 6a or 6b as appropriate; and enter new name (7a or 7b). If the new name refers to a Debtor complete (7c); also complete 7e-7g if 7a was completed.

5,6,7.To change the address of a party: Check box in item 5 to indicate whether this Amendment amends information relating to a Debtor or a Secured Party; also check box in item 5 to indicate that this is an address change; also enter name of affected party (current record name) in item 6a or 6b as appropriate; and enter new address (7c) in item 7.

5,6,7.To change the name and address of a party: Check box in item 5 to indicate whether this Amendment amends information relating to a DebtororaSecuredParty;alsocheckboxinitem5toindicatethatthis is a name/address change; also enter name of affected party (current recordname)initems6aor6basappropriate;andenterthenewname (7a or 7b). If the new name refers to a Debtor complete item 7c; also complete 7e-7g if 7a was completed.

5,6. To delete a party: Check box in item 5 to indicate whether deleting a DebtororaSecuredParty;alsocheckboxinitem5toindicatethatthis isadeletionofaparty;andalsoentername(6aor6b)ofdeletedparty in item 6.

5,7. Toaddaparty: Checkboxinitem5toindicatewhetheraddingaDebtor or Secured Party; also check box in item 5 to indicate that this is an additionofapartyandenterthenewname(7aor7b). Ifthenewname refers to a Debtor complete item 7c; also complete 7e-7g if 7a was completed. To include further additional Debtors or Secured Parties, attach Amendment Additional Party (Form UCC3AP), using correct name format.

Note: The preferred method for filing against a new Debtor (an individual or organization not previously of record as a Debtor under this file number) is to file a new Financing Statement (UCC1) and not an Amendment (UCC3).

7d. Reserved for Financing Statement Amendments to be filed in North Dakota or South Dakota only. If this Financing Statement Amendment is to be filed in North Dakota or South Dakota, the Debtor’s taxpayer identification number (tax ID#) — social security number or employer identification number must be placed in this box.

8.Collateral change. To change the collateral covered by the identified financing statement, describe the change in item 8. This may be accomplishedeitherbydescribingthecollateraltobeaddedordeleted,or bysettingforthinfullthecollateraldescriptionasitistobeeffectiveafter thefilingofthisAmendment,indicatingclearlythemethodchosen(check theappropriatebox). Ifthespaceinitem8isinsufficient,useitem13of AmendmentAddendum(FormUCC3Ad). Apartialreleaseofcollateralis adeletion. If,duetoafullreleaseofallcollateral,filernolongerclaimsa security interest under the identified financing statement, check box 2 (Termination)andnotbox8(CollateralChange). Ifapartialassignment consistsoftheassignmentofsome(butnotall)ofthecollateralcovered by the identified financing statement, filer may indicate the assigned collateralinitem8,checktheappropriateboxinitem8,andalsocomply withinstruction4above.

9.AlwaysenternameofpartyofrecordauthorizingthisAmendment;inmost cases,thiswillbeaSecuredPartyofrecord. Ifmorethanoneauthorizing SecuredParty,giveadditionalname(s),properlyformatted,initem13of Amendment Addendum (Form UCC3Ad). If the indicated financing statement refers to the parties as lessee and lessor, or consignee and consignor, or seller and buyer, instead of Debtor and Secured Party, references in this Amendment shall be deemed likewise so to refer to the parties. If this is an assignment, enter assignor's name. If this is an Amendment authorized by a Debtor that adds collateral or adds a Debtor,orifthisisaTerminationauthorizedbyaDebtor,checkthebox in item 9 and enter the name, properly formatted, of the Debtor authorizing this Amendment, and, if this Amendment or Termination is to be filed or recorded in the real estate records, also enter, in item 13 of Amendment Addendum, name of Secured Party of record.

10.Thisitemisoptionalandisforfiler'suseonly. Forfiler'sconvenienceof reference, filer may enter in item 10 any identifying information (e.g., SecuredParty'sloannumber,lawfirmfilenumber,Debtor'snameorother identification, state in which form is being filed, etc.) that filer may find useful.

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2. Right after filling out this section, head on to the next part and fill out the essential particulars in these blanks - b INDIVIDUALS LAST NAME, FIRST NAME, MIDDLE NAME, SUFFIX, c MAILING ADDRESS, CITY, STATE, POSTAL CODE, COUNTRY, d SEE INSTRUCTIONS, ADDL INFO RE ORGANIZATION DEBTOR, e TYPE OF ORGANIZATION, f JURISDICTION OF ORGANIZATION, g ORGANIZATIONAL ID if any, and NONE.

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