Combined Security Agreement and Financing Statement

(Monthly payment loans, auto, equipment, consumer goods)







(Herein referred to as the Debtor), for valuable consideration, receipt of which is hereby acknowledged, hereby grants, bargains, sells, and transfers to






and assigns to said Secured Party, the following described property, hereinafter referred to as the collateral, located in, and to remain during the continuance of this Security Agreement in the County of Platte, State of  Wyoming,








Together with all equipment, parts, accessories, attachments, additions, and all replacements thereof, now or hereafter installed in, affixed to, or used in connection with said property.


               It is expressly understood by the parties hereto that this instrument is executed to secure payment to Secured Party of


______________________ ($______________)  Dollars together with interest


thereon until paid, according to the terms and conditions of One certain promissory  note dated ______________________ payable in monthly installments with final payment due on _____________________, given by said Debtor to the Secured Party.


               If checked here (  ), Debtor warrants and covenants that the collateral is being acquired with the proceeds of the note or notes described above which proceeds Secured Party may disburse directly to the seller of the collateral.

               Debtor also warrants and agrees that the county in which the Debtor has his principal place of


business if any, otherwise his residence, is Platte County, is that shown first above in this agreement.  Debtor covenants and agrees that he will immediately notify Secured Party if Debtor’s principal place of business, if any, otherwise his place of residence, is changed from said County.


               It is agreed that the Secured Party claims and has a security interest in the proceeds of the collateral if, under the Uniform Commercial Code of the State of Wyoming a buyer in the ordinary course of business (other than a person buying farm products from a person engaged in farming operations) may purchase the collateral herein described free of this security interest.  Except for this latter provision of the Uniform Commercial Code, the debtor is not otherwise authorized to sell, exchange, or otherwise dispose of the collateral.




In witness whereof, the Debtor and the Secured Party have hereunto set their hands and seals


The _______________day of _____________________, 2015.



               Secured Party                                                                                                Debtor


By____________________________                                                 ________________________________







               Debtor covenants and agrees:  That except for the Security Interest hereby granted, the collateral described herein is free and clear of all liens, security interests, and encumbrances whatsoever; that the Debtor will keep said collateral (if same be an automobile, a pickup, or a truck, or any plural or combination thereof)  INSURED  against the perils of fire, theft, and collision, with a loss payable clause in favor of the Secured Party, and will deliver said policy to the Secured Party, (provided that such policy may have a standard and customary deductible clause of to $ 100 if the Debtor desires to assume the risk of loss which might result in case of loss and such deductible clause,) and that if Debtor fails to provide such insurance coverage and maintain same in full force and effect during the existence of the Security Agreement Secured Party, at its option, may obtain such insurance on the collateral described herein nor any part thereof; nor be negligent in the care of same nor suffer said collateral or any part thereof to be levied on or attached upon legal or equitable process; that the collateral shall at all times be considered as personalty  that the collateral is not, and will not be, affixed to the realty so as to be or become a fixture, or, if the collateral has become a fixture before the Secured Party’s security interest herein is perfected and the collateral is, or may become, subject to the lien of a real property mortgage, that Debtor, on demand od Secured Party,will furnish the latter with a writing by which the real property mortgagee subordinates its right and priorities to Secured party’s security interest hereunder; that he will pay all cost of filing this agreement, financing statements, or other writings required to perfect, and to continue perfected, Secured Party’s prior security interest in the collateral .

               In case default occurs in the payment of said note or any part thereof or interest thereon according to the terms thereof, or in the performance of any of the covenants, agreements, or warranties included in this Security Agreement or the note or notes intended to be secured thereby, or if any attempt shall be made to sell the collateral or remove the same from the hereinbefore mentioned county of the Debtor’s place of business, if any, otherwise his residence, without the written consent of the Secured party or its assigns, or if at any time said Secured Party or its assigned reasonably deem themselves insecure or unsafe, then the Uniform Commercial Code of the State of Wyoming and this Security Agreement, including, but not by way of limitation, the right to require the Debtor to assemble the collateral and make it available to the Secured Party as a place to be designated by the Secured Party which is reasonably convenient to both parties.  Upon default, the Secured Party may enter upon the premises of said Debtor without being liable for damages and take possession of the collateral without judicial process.  Unless the collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market, Secured Party will give Debtor reasonable notice of the time and place of any public sale thereof or of the time after which any private sale or any other intended disposition thereof is to be made. The requirements of reasonable notice shall be met if such notice is mailed, postage prepaid, to the address of the Debtor shown at the beginning of this Agreement at least five days before the time of the sale or disposition.  Expenses of retaking, holding, preparing for sale, selling or the like, shall include Secured Party’s reasonable attorney’s fees and legal expenses.
               No waiver by Secured Party of any default shall operate as a waiver of any other default or of the same default on a future occasion.

               All provisions herein shall be binding on the parties hereto, their heirs, administrators, executors, successors, or assigns.  If there be more than one debtor, their obligations hereunder shall be joint and several.