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Collateral Security--Deposit Of Additional Collateral
COLLATERAL SECURITY--DEPOSIT OF ADDITIONAL COLLATERAL
Maker hereby agrees, whenever the total value of the collateral so held by the holder shall be insufficient in character, kind, or amount in the holders sole opinion and discretion to cover all indebtedness and liabilities of maker to the holder of this instrument, with a margin added thereto satisfactory to the holder, to immediately reduce such indebtedness and liabilities or to deposit with the holder additional collateral to the satisfaction of the holder. In default thereof this note shall forthwith without further demand or notice, and regardless of whether otherwise due by its terms or not, become immediately due and payable.
This is a UCC form. It is intended to be an addendum to other forms.