Security Agreement (Page 6 of 7) in pdf

Security Agreement Page 6

NOTICE TO PRIOR SECURED PARTY

OF PURCHASE MONEY SECURITY INTEREST

TO: _________________________________

RE: Debtor: __________________________

_____________________________________

(“PMSI Secured Party”) hereby notifies you that it has or expects to acquire a

purchase money security interest in inventory of the above named debtor. A description of the inventory is as

follows:

All of Debtor's right, title and interest in and to all inventory, supplies, equipment and other goods purchased from

PMSI Secured Party, wherever located, whether now owned or hereafter acquired, and all identifiable proceeds

therefrom. In addition, please be advised that PMSI Secured Party may, from time to time, acquire a purchase

money security interest in collateral other than the Debtor's inventory or the other purchase money collateral

described above.

In case you have previously received a notification letter from PMSI Secured Party, this letter is to advise you

of our renewal of the above-described purchase money security interest.

Dated: __________________

PMSI SECURED PARTY

Company Name:

Signature of Officer:

_____________________________________________

Printed Name of Officer:

_____________________________________________

The undersigned acknowledges receipt of a copy of this document this _____ day of ______________,

20_____.

PRIOR SECURED PARTY

Company Name:

_____________________________________________

Signature of Officer:

_____________________________________________

Printed Name of Officer:

_____________________________________________

NOTE: PLEASE SIGN THE ENCLOSED COPY AND RETURN IT IN THE POSTAGE-PAID

ENVELOPE TO:

PMSI SECURED PARTY:

________________________________

THANK YOU.

Security Agreement Page 6