Demand for Additional Collateral
DEMAND FOR ADDITIONAL COLLATERAL
Pursuant to the security agreement entered into between the parties on _____________________, the secured party deems itself insecure, and demands that you provide additional collateral with a value of $____(______________ & ____/100 dollars) no later than _________________________. The repayment of the security agreement may be accelerated if such collateral is not provided by that time.
__________________________ By Secured Party