Notice of private sale of collateral

OF COLLATERAL Date: _ To: _ (Debtor) You are hereby notified that after _, 20_, the undersigned shall sell at private sale the following Collateral: (Describe) _ Said collateral shall be sold to _, (Buyer) for the amount of $_. You will be held liable for any deficiency resulting from said sale. You may redeem this property by paying the amount due and accrued costs of foreclosure at any time prior to the time of sale. Very truly, ______________________________ Secured Party