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- DEMAND FOR COLLATERAL
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- Date:
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- To:
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- Dear:
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- Under an agreement dated ______________, 19__, you
- pledged certain collateral as security for the prompt repayment
- of a note of even date. Presently, you are in default under the
- note because:
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- As the holder of the note, and agreement, demand is
- hereby made of you to forthwith deliver up and surrender the
- collateral attached in Schedule "A" to this letter at
- _______________________________.
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- Very truly yours,
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- _____________________________
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- Form 118
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