termination statement造句

• The lender should also provide the borrower with what is known as a UCC-3 Termination Statement, he said.
• As a result, she said, it is necessary for borrowers who pay off their equity loans or cancel their lines of credit to insure that the lender provides them with a UCC-3 Termination Statement.
• In addition to the basic lien-priority coverage, UCC insurance covers many of the risks associated with the perfection of a security interest through the central filing system, such as the authorized execution of the lien-granting document by the debtor, misindexed filings, unauthorized termination statements filed against the record, the correctness of the debtor name, filing in the appropriate jurisdictions, and similar matters.