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A UCC is a security agreement on personal property that is recorded to protect the lender's, or secured party's,
investment. In a security agreement, a loan of money is secured by personal property as collateral, thereby
giving the lender rights in the property.
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Revised Article 9 of General Statute 25, has been amended to reflect the following important changes, effective
July 1,2001:
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Fixture Filings are recorded at the county level. There is no longer a separate index for UCCS; they are indexed
in the Real Estate index only. Existing UCC files on record will be maintained until June 30, 2008.
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All other UCC filings are recorded with the office of the Secretary of State.
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National UCC forms are available at
the Secretary of State's website
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There are three primary types of UCC filings as described below:
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UCC-1: Initial Financing Statement
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1.
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Must identify Debtor's name and address
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2.
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Must indicate if Debtor is an individual or an organization.
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a.
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If identified as an individual, last name of Debtor must be provided.
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b.
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If identified as an organization, the following information is required:
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Type of organization
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Jurisdiction of organization
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Organization ID number or indication the Debtor has none
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3.
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Must identify secured party's name and address
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4.
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Description of Collateral must be listed.
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UCC-3: Financing Statement Amendment
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An amendment includes a Continuation, Assignment, Amendment, Termination and Release.
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1.
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All financing statement Amendments must identify the initial file number (including
the year) of the financing statement to which it relates.
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2.
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All financing statement Amendments must identify the financing statement for which
effectiveness has lapsed when applicable.
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3.
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Continuations must be filed within the six month window prior to lapse.
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4.
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Assignments must provide a name and a mailing address for the assignee.
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5.
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Amendments must indicate whether the new Debtor is an individual or an organization.
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a.
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If identified as an individual, last name of Debtor must be provided.
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b.
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If identified as an organization, the following information is required:
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Type of organization
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Jurisdiction of organization
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Organization ID number or indication the Debtor has none
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6.
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Amendments must also provide a name and mailing address for the new secured party.
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UCC-11: Request for Information or Copies
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The UCC-11 is a request on a particular debtor(s) that has any valid financing statements.
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1.
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All requests must identify the debtor(s) name as requested to be researched.
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2.
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Must indicate if debtor is an organization or individual.
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3.
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Must indicate requestor's name and address.
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UCC Fees
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UCC-1 and UCC-3 Amendment
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$38.00
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1-2 pages
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$45.00
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3-10 pages
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$2.00
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each additional over 10 pages
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UCC-11 Request
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$30.00
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per debtor name
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UCC Copy
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$1.00
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Checks should be made payable to: Robeson County Register of Deeds.
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