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3/27/2011

Notice of Intent to Exercise Warehouse Lien By Auction

To________________________

________________________

________________________
In accordance with the Uniform Commercial Code, or Warehouse

Receipt Act,____________________________ hereby gives notice

that it has a lien upon property stored within their

facilities by you, for your account, or in which you claim

an interest, amounting to the sum of $ which is now

due and described as follows:

___________________________________________________

___________________________________________________

___________________________________________________
The goods against which the lien of this company exists

consists of_______________________________________________

__________________________________________________________

__________________________________________________________

received on _____________________, as evidenced by our

warehouse receipt under Lot No._____________, issued in the

name of _________________.
We hereby demand that the amount of $ be paid in cash,

or by money order or certified check on or before__________,

and notify you that unless said claim is paid within the

herein specified time, the goods will be advertised for sale

and sold at Public Auction at our warehouse, or Public

Auction house located at ___________________________________

on _________________, sale beginning at ____.
The proceeds of such sale shall be applied to the payment of

the amount of the lien, including reasonable charges of

notice, sale and advertisement. If there is a deficiency

after said sale, you shall be held liable for said

deficiency and judgment may be entered against you.
No employee or agent of this Company has the authority to

permit the release or withdrawal of any portion of the goods

from a public auction sale upon receipt of a payment on

account of less than the entire amount due, except by

written agreement. The acceptance of a payment of less than

the full amount due in the absence of a written agreement

shall not constitute a waiver on the part of this Company to

proceed with the herein described sale.
_________________________

By_______________________

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