NOTIFICATION OF DISPOSITION OF COLLATERAL

 To:
From:
Name of Debtor(s):
                              
(For a public disposition:)
We will sell (or lease or license, as applicable) the:  to
to the highest qualified bidder in public as follows:
Day and Date:
Time:             
Place              :

(For a private disposition:)
We will sell (or license, as applicable) the
privately sometime after

(For either type of sale include the following:)

You are entitled to an accounting of the unpaid indebtedness secured by the property
that we intend to sell (or lease or license, as applicable) (for a charge of $[not to exceed $25.00].)
You may request an accounting by calling us at .
you want to answer questions)

                                                                          Credit Union

                                                                        _________________________________________
                                                                        By:
                                                                      Title: 

_____________________________________________________________________________________

DO NOT SEND BELOW INFORMATION WITH FORM:

*NOTE:  THIS FORM IS TO BE USED IN COMMERCIAL TRANSACTIONS ONLY.  DO NOT USE IT IN CONSUMER TRANSACTIONS.   

The information in bold is instructional information.  It does not need to be on the completed form, nor do prompts on how to fill in the blanks.  Revised Article 9 requires the completed Form to be signed.  It must be sent to each person (or company) which is liable on the loan or has an interest in the collateral.   For detailed instructions on how to complete the Form, or additional information, which can be included in an addendum, which is helpful to borrowers (not required by law) contact the Law Offices of A. Lysa Simon.  culawyer@socal.rr.com

We also have available to purchase by our clients Repossessions  and Liquidations  under Revised Article 9 and a separate Repossession Check List.]