DIY Legal Forms

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Delivery of Collateral to Lenders

Delivery of Collateral to Lenders. Borrower will deliver the Collateral to Lender no later than [number] days from the date of this Instrument, together with stock powers signed in blank by Borrower and all other properly signed instruments that may be needed by Lender to sell or transfer the Collateral or any part of it. Pending delivery of the Collateral, Borrower will hold the Collateral in trust for Lender, separate and distinct from Borrower's other property.