Listing of Potential Buyers, Commission Merchants, and Selling Agents
Basic Information
Date:
Debtor:
Debtor’s Mailing Address:
Debtor’s Social Security No. or Federal Tax ID No.:
Secured Party:
Secured Party’s Mailing Address:
Collateral:
1.Type and description of farm products collateral: [describe collateral and specify farm products collateral type according to USDA classification system at 9 C.F.R. § 205.206(a)].
2.Amount of farm products collateral:
3.Crop year of farm products collateral:
4.[County/Counties] where farm products collateral located:
5.Real property where farm products collateral located:
6.Additional collateral:
The Collateral includes, with respect to both the Collateral and all products, increase, or offspring of the Collateral, the following: all seed, seed plants, and propagative materials of crops or plants; all sale or other proceeds; all insurance proceeds for loss, damage, or theft; all claims or causes of action relating to use, sale, lease, damage, or loss; all contracts, warehouse receipts, bills of lading, assignments, receipts, claims, drafts, checks, or causes of action relating to or representing any sale of the Collateral; all fees, charges, or things of value earned by livestock for reproductive services or uses of any kind; all copyrights and patents in any way relating to or arising out of the Collateral; all future-acquired property of Debtor of the same type or kind as the Collateral; and all additions to or replacement of the Collateral.
Debtor Agrees
Debtor is giving to Secured Party this list of potential buyers, commission merchants, and selling agents to or through whom Debtor may make a sale or other disposition of the Collateral. “Selling agent” and “commission merchant” have those meanings set out in 7 U.S.C. section 1631. Debtor is aware that any sale or other disposition of the Collateral to or through anyone not on this list is illegal unless Debtor notifies Secured Party in writing of the identity of the buyer, commission merchant, or selling agent at least seven days before the sale or other disposition or Debtor accounts to Secured Party for the proceeds of the sale within ten days after the sale or other disposition. Debtor agrees to keep this list current and to promptly notify Secured Party of any changes to this list. Debtor and Secured Party intend that the terms of this listing of potential buyers, commission merchants, and selling agents become part of the security agreement between the parties.
Debtor agrees that the Collateral may not be sold or otherwise disposed of free of the security interest of Secured Party unless the conditions for waiver or release of the security interest are satisfied.
List
List of Potential Buyers, Commission Merchants, and Selling Agents: [list, including names, addresses, and telephone numbers].
[Name of debtor]