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Demand to Pay Collateral








DEMAND FOR COLLATERAL


Date:


To:


Dear:

Under an agreement dated ______________, 19__, you
pledged certain collateral as security for the prompt repayment
of a note of even date. Presently, you are in default under the
note because:

As the holder of the note, and agreement, demand is
hereby made of you to forthwith deliver up and surrender the
collateral attached in Schedule "A" to this letter at
_______________________________.

Very truly yours,


_____________________________

Form 118

 
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