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FINANCING STATEMENT FOR REAL ESTATE AND UCC FILING/UCC1A SECRETARY OF STATE SFN 17832 (062017) Type or print legibly. Please read and follow instructions on page 2 carefully. 1a. Contact name: (optional)Telephone
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The 17832 financing statement is used to provide public notice of a secured party's interest in a debtor's collateral in order to establish priority over other claims.
The secured party, usually a lender or creditor, is required to file the 17832 financing statement to protect their interest in the collateral offered by the debtor.
To fill out the 17832 financing statement, one must provide detailed information including the names and addresses of the debtor and secured party, a description of the collateral, and any additional required information as specified by the filing authority.
The purpose of the 17832 financing statement is to establish a legal claim against the debtor’s assets, allowing the secured party to reclaim the collateral in the event of default.
The information that must be reported includes the names and addresses of the debtor and secured party, a description of the collateral, and any relevant details outlining the nature of the security interest.
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