PRIVATE SALE NOTICE
Date:
______________________
To:
________________________
PURSUANT to the terms of a certain security
agreement and promissory note dated ___________________, you are hereby
notified that the property held as collateral under the security agreement and
promissory note will be sold at a private sale on ______________(month &
day), ______ (year).
The property to be sold at the Private Sale consists
of _____________________
_________________________________________________________________.
The private buyer shall be
__________________________________________.
You will continue to be responsible for any
deficiency if the proceeds of the sale are insufficient to satisfy the full
amount of your debt. Your property may
be reclaimed by paying the entire amount due before the sale.
____________________________________ _________________
Signature
Date
