TO: _____________________________

________________________________

________________________________ (address)

You are hereby notified that the undersigned elects to redeem the ____________ (collateral) that is currently in your possession pursuant to that certain security agreement, the date of which is _____________ (date) , for which said collateral was pledged to secure performance. Election is hereby made in accordance with the rights afforded under the ____________________________.

Therefore, the undersigned hereby tenders fulfillment of all obligations pursuant to said security agreement and secured by said collateral, in addition to the amount of _________________________ (amount) for your expenses in repossessing, holding, preparing the collateral for disposition through sale, arranging for sale, attorney’s fees and legal expenses.

Demand is hereby made that you make the said collateral available for retaking by the undersigned.

Dated: __________________

Sign ___________________________