home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
Your Business Pak
/
BusinessPak2.iso
/
Pca
/
_SETUP.1
/
RELCOL.BLD
< prev
next >
Wrap
Text File
|
1997-07-22
|
2KB
|
67 lines
#100
@001 Enter the name of the DEBTOR:
~Enter the name of the debtor (borrower).
@002 Enter the name of the SECURED PARTY:
~Enter the name of the secured party (lender):
!003 Enter the original principal amount of the debt:
~Enter, in dollar format, the original amount of the loan.
|015 Enter the date of original security agreement:
~Enter the date when the original security agreement was
~executed.
|010 Enter the date of the note:
~Enter the date when the note was executed.
@011 Enter a description of all collateral for the note:
~Enter a specific description of all collateral or refer to an
~exhibit.
!012 Enter the present combined principal and interest balance:
~Enter, in dollar format, the present combined principal and
~interest balance.
@013 Enter the description of collateral to be released:
~Enter a specific description of what collateral is being
~released.
#end control section
#100
CONSENT TO RELEASE OF COLLATERAL
@001, referred to as DEBTOR, and @002, referred to as SECURED
PARTY, agree:
DEBTOR is indebted to SECURED PARTY pursuant to a note dated
|010, in the original principal amount of $@003 (!003 dollars);
with a present total interest and principal balance of $@012
(!012 dollars), and a security agreement dated |015 and has
pledged as security for the note the following:
@011
The DEBTOR has requested that SECURED PARTY release @013 as
collateral for the obligation, and SECURED PARTY is willing to do
so. Accordingly, SECURED PARTY releases @013 as collateral for
the obligation, and upon request of the DEBTOR shall execute such
releases, UCC financing statement releases or other documents
reasonably requested by the DEBTOR.
All other terms and conditions of the note and security agreement
shall remain in full force and effect.
Dated: ______________________
___________________________________________
@001, DEBTOR
___________________________________________
@002, SECURED PARTY