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Demand By Secured Party For Possession Of Collateral

Dear Felix



[Date]

[Addressee]

Dear [Name]:

This is to advise you that you are in default under our security agreement dated [date] for the following reason(s):

Accordingly, I demand that you surrender possession of the collateral to me at once as provided in the security agreement and Uniform Commercial Code.

Yours very truly,


Lydia








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