DIY Legal Forms

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Notice Of Default

[date]

To: [name of Debtor]

From: [name of Secured Party]

Re: [description of Security Agreement]

Because of [reason for default] you are in default of our Security Agreement dated [date].

This is a final notice. Unless you comply with the Security Agreement by [act to be done to cure default] within [number] days, we shall exercise our right pursuant to Section 9-503 of the Uniform Commercial Code to take immediate possession of the Collateral and offer it for sale.

Sincerely,

[signature]

Secured Party