What is the verbage for a Grain bin UCC filing?

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1025508

2026-02-09 16:25

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A UCC (Uniform Commercial Code) filing for a grain bin typically includes specific language that identifies the debtor, the secured party, and the collateral. The verbiage would state something like: "This UCC financing statement covers all rights, title, and interest in the grain bin located at [insert address or description], along with all related equipment and proceeds." It is important to ensure that the description of the collateral is clear and legally sufficient to provide notice to third parties.

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