Notice of Public Sale of Collateral

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

NOTICE OF PUBLIC SALE OF COLLATERAL

Date: {{date}}

To: {{debtor_name}}

{{debtor_address}}

From: {{lender_name}}

{{lender_address}}

RE: Notice of Public Sale of Collateral - Loan Agreement Dated {{loan_agreement_date}}

Please be advised that pursuant to the terms of the Loan Agreement dated {{loan_agreement_date}} (the "Loan Agreement") between {{lender_name}} (the "Lender") and {{debtor_name}} (the "Debtor"), and due to your default thereunder, the Lender intends to sell certain collateral pledged to secure your obligations.

Description of Collateral to be Sold

The collateral to be sold consists of the following assets: {{description_of_collateral}}

Serial Number(s): {{serial_numbers}}

Location for Inspection: {{inspection_location}}

Terms and Conditions of Sale

The public sale will be conducted on {{sale_date}} at {{sale_time}} at {{sale_location}}.

The collateral will be sold "AS IS, WHERE IS" without any warranties, express or implied, including without limitation, any warranty of merchantability or fitness for a particular purpose.

Payment in full must be made by {{payment_deadline}} in {{currency}} through {{payment_method}}.

The Lender reserves the right to bid at the sale and to reject any and all bids.

The net proceeds from the sale will be applied to the outstanding indebtedness under the Loan Agreement. Any deficiency remaining after the sale will be the responsibility of the Debtor. Any surplus will be remitted to the Debtor as required by law.

Debtor's Rights

You have the right to redeem the collateral by paying the full amount of the outstanding indebtedness, including principal, interest, and any other lawful charges and expenses incurred by the Lender, at any time before the sale. The current payoff amount can be obtained by contacting {{contact_person}} at {{contact_phone}} or {{contact_email}}.

You may also attend the public sale.

Contact Information

For further information regarding this notice or the sale, please contact:

Contact Person: {{contact_person}}

Title: {{contact_title}}

Phone: {{contact_phone}}

Email: {{contact_email}}

Governing Law

This notice and the sale of collateral shall be governed by and construed in accordance with the laws of {{applicable_jurisdiction}}, specifically referencing the relevant provisions of the Uniform Commercial Code (UCC) as adopted and amended in {{applicable_jurisdiction}}.

Signature Block

Sincerely,

{{lender_name}}

By: _____________________________

Name: {{lender_representative_name}}

Title: {{lender_representative_title}}