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 , for which said
collateral was pledged to secure performance. Election
is hereby made in accordance with the rights afforded
under the Uniform Commercial Code Section 9506.
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
$ 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.