(a) A filing office that accepts written records may not refuse to accept a written initial financing statement that is in the following form and format, except for a reason set forth in Subsection (b) of Section 55-9-516 NMSA 1978:

1. "UCC FINANCING STATEMENT
2. FOLLOW INSTRUCTIONS
3. A. NAME & PHONE OF CONTACT AT FILER (optional)
4. _______________________________________________________
5. B. E-MAIL CONTACT AT FILER (optional)
6. _______________________________________________________
7. C. SEND ACKNOWLEDGMENT TO: (Name and Address)
8. _______________________________________________________ THE ABOVE SPACE IS
9. _______________________________________________________ FOR FILING

10. _______________________________________________________ OFFICE USE ONLY

    1. (b) A filing office that accepts written records may not refuse to accept a written record in the following form and format except for a reason set forth in Subsection (b) of Section 55-9-516 NMSA 1978:

    1. DEBTOR'S NAME: Provide only one Debtor name (1a or 1b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name), if any part of the Individual Debtor's name will not fit in line 1b, leave all of item 1 blank, check here Q and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad) 1a. ORGANIZATION'S NAME _______________________________________________________ OR 1b. INDIVIDUAL'S SURNAME _______________________________________________________ FIRST PERSONAL NAME _______________________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX _______________________________________________________ 1c. MAILING ADDRESS _______________________________________________________ CITY STATE POSTAL CODE COUNTRY 2. DEBTOR'S NAME: Provide only one Debtor name (2a or 2b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name), if any part of the Individual Debtor's name will not fit in line 2b, leave all of item 2 blank, check here Q and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad) 2a. ORGANIZATION'S NAME ______________________________________________________ OR 2b. INDIVIDUAL'S SURNAME ______________________________________________________ FIRST PERSONAL NAME ______________________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX ______________________________________________________ 2c. MAILING ADDRESS ______________________________________________________ CITY STATE POSTAL CODE COUNTRY ______________________________________________________ 3. SECURED PARTY'S NAME (or NAME of ASSIGNEE of ASSIGNOR SECURED PARTY) Provide only one Secured Party name (3a or 3b) 3a. ORGANIZATION'S NAME _______________________________________________________ OR 3b. INDIVIDUAL'S SURNAME _______________________________________________________ FIRST PERSONAL NAME _______________________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX _______________________________________________________ 3c. MAILING ADDRESS _______________________________________________________ CITY STATE POSTAL CODE COUNTRY _______________________________________________________ 4. COLLATERAL: This financing statement covers the following collateral _______________________________________________________ _______________________________________________________ _______________________________________________________ 5. Check only if applicable and check only one box. Collateral is Q held in a Trust (see UCC1Ad, item 17 and instructions) Q being administered by a Decedent's Personal Representative 6a. Check only if applicable and check only one box. Q Public-Finance Transaction Q Manufactured-Home Transaction Q A Debtor is a Transmitting Utility 6b. Check only if applicable and check only one box. Q Agricultural Lien Q Non-UCC Filing 7. ALTERNATIVE DESIGNATION (if applicable) Q Lessee/Lessor Q Consignee/Consignor Q Seller/Buyer Q Bailee/Bailor Q Licensee/Licensor 8. OPTIONAL FILER REFERENCE DATA: _______________________________________________________ UCC FINANCING STATEMENT (Form UCC1)(Rev. 04/20/11) UCC FINANCING STATEMENT ADDENDUM FOLLOW INSTRUCTIONS 9. NAME OF FIRST DEBTOR: Same as line 1a or 1b on Financing Statement; if line 1b was left blank because Individual Debtor name did not fit, check here ____ 9a. ORGANIZATION'S NAME _______________________________________________________ OR 9b. INDIVIDUAL'S SURNAME _______________________________________________________ FIRST PERSONAL NAME THE ABOVE SPACE IS FOR FILING ___________________________________ OFFICE USE ONLY ADDITIONAL NAME(S)/INITIAL(S) SUFFIX _______________________________________________________ 10. DEBTOR'S NAME: Provide (10a or 10b) only one additional Debtor name or Debtor name that did not fit in line 1b or 2b of the Financing Statement (Form UCC1)(use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name) and enter the mailing address in line 10c 10a. ORGANIZATION'S NAME _______________________________________________________ OR 10b. INDIVIDUAL'S SURNAME _______________________________________________________ FIRST PERSONAL NAME _______________________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX _______________________________________________________ 10c. MAILING ADDRESS _______________________________________________________ CITY STATE POSTAL CODE COUNTRY _______________________________________________________ 11. ___ ADDITIONAL SECURED PARTY'S NAME or ___ ASSIGNOR SECURED PARTY'S NAME: Provide only one name (11a or 11b) 11a. ORGANIZATION'S NAME _______________________________________________________ OR 11b. INDIVIDUAL'S SURNAME _______________________________________________________ FIRST PERSONAL NAME _______________________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX _______________________________________________________ 11c. MAILING ADDRESS _______________________________________________________ CITY STATE POSTAL CODE COUNTRY _______________________________________________________ 12. ADDITIONAL SPACE FOR ITEM 4 (Collateral): _______________________________________________________ _______________________________________________________ _______________________________________________________ 13. This FINANCING STATEMENT is to be filed [for record] (or recorded) in the REAL ESTATE RECORDS (if applicable) 14. This FINANCING STATEMENT: ____ covers timber to be cut ____ covers as-extracted collateral ____ is filed as a fixture filing 15. Name and address of a RECORD OWNER of real estate described in item 16 (if Debtor does not have a record interest): _______________________________________________________ _______________________________________________________ _______________________________________________________ 16. Description of real estate: _______________________________________________________ _______________________________________________________ _______________________________________________________ 17. MISCELLANEOUS: _______________________________________________________ _______________________________________________________ UCC FINANCING STATEMENT ADDENDUM (Form UCC1Ad)(Rev. 04/20/11)".

    1.

    DEBTOR'S NAME: Provide only one Debtor name (1a or 1b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name), if any part of the Individual Debtor's name will not fit in line 1b, leave all of item 1 blank, check here Q and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad)

    1a.

    ORGANIZATION'S NAME

    _______________________________________________________

    OR

    1b.

    INDIVIDUAL'S SURNAME

    _______________________________________________________

    FIRST PERSONAL NAME

    _______________________________________________________

    ADDITIONAL NAME(S)/INITIAL(S)

    SUFFIX

    _______________________________________________________

    1c.

    MAILING ADDRESS

    _______________________________________________________

    CITY STATE POSTAL CODE

    COUNTRY

    2.

    DEBTOR'S NAME: Provide only one Debtor name (2a or 2b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name), if any part of the Individual Debtor's name will not fit in line 2b, leave all of item 2 blank, check here Q and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad)

    2a.

    ORGANIZATION'S NAME

    ______________________________________________________

    OR

    2b.

    INDIVIDUAL'S SURNAME

    ______________________________________________________

    FIRST PERSONAL NAME

    ______________________________________________________

    ADDITIONAL NAME(S)/INITIAL(S)

    SUFFIX

    ______________________________________________________

    2c.

    MAILING ADDRESS

    ______________________________________________________

    CITY STATE POSTAL CODE

    COUNTRY

    ______________________________________________________

    3.

    SECURED PARTY'S NAME (or NAME of ASSIGNEE of ASSIGNOR SECURED PARTY) Provide only one Secured Party name (3a or 3b)

    3a.

    ORGANIZATION'S NAME

    _______________________________________________________

    OR

    3b.

    INDIVIDUAL'S SURNAME

    _______________________________________________________

    FIRST PERSONAL NAME

    _______________________________________________________

    ADDITIONAL NAME(S)/INITIAL(S)

    SUFFIX

    _______________________________________________________

    3c.

    MAILING ADDRESS

    _______________________________________________________

    CITY STATE POSTAL CODE

    COUNTRY

    _______________________________________________________

    4.

    COLLATERAL: This financing statement covers the following collateral

    _______________________________________________________

    _______________________________________________________

    _______________________________________________________

    5.

    Check only if applicable and check only one box.

    Collateral is

    Q held in a Trust (see UCC1Ad, item 17 and instructions)

    Q being administered by a Decedent's Personal Representative

    6a.

    Check only if applicable and check only one box.

    Q Public-Finance Transaction

    Q Manufactured-Home Transaction

    Q A Debtor is a Transmitting Utility

    6b.

    Check only if applicable and check only one box.

    Q Agricultural Lien

    Q Non-UCC Filing

    7.

    ALTERNATIVE DESIGNATION (if applicable)

    Q Lessee/Lessor

    Q Consignee/Consignor

    Q Seller/Buyer

    Q Bailee/Bailor

    Q Licensee/Licensor

    8.

    OPTIONAL FILER REFERENCE DATA:

    _______________________________________________________

    UCC FINANCING STATEMENT (Form UCC1)(Rev. 04/20/11)

    UCC FINANCING STATEMENT ADDENDUM

    FOLLOW INSTRUCTIONS

    9.

    NAME OF FIRST DEBTOR: Same as line 1a or 1b on Financing Statement; if line 1b was left blank because Individual Debtor name did not fit, check here ____

    9a.

    ORGANIZATION'S NAME

    _______________________________________________________

    OR

    9b.

    INDIVIDUAL'S SURNAME

    _______________________________________________________

    FIRST PERSONAL NAME

    THE ABOVE SPACE IS FOR FILING

    ___________________________________

    OFFICE USE ONLY

    ADDITIONAL NAME(S)/INITIAL(S) SUFFIX

    _______________________________________________________

    10.

    DEBTOR'S NAME: Provide (10a or 10b) only one additional Debtor name or Debtor name that did not fit in line 1b or 2b of the Financing Statement (Form UCC1)(use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name) and enter the mailing address in line 10c

    10a.

    ORGANIZATION'S NAME

    _______________________________________________________

    OR

    10b.

    INDIVIDUAL'S SURNAME

    _______________________________________________________

    FIRST PERSONAL NAME

    _______________________________________________________

    ADDITIONAL NAME(S)/INITIAL(S) SUFFIX

    _______________________________________________________

    10c.

    MAILING ADDRESS

    _______________________________________________________

    CITY STATE POSTAL CODE

    COUNTRY

    _______________________________________________________

    11.

    ___

    ADDITIONAL SECURED PARTY'S NAME or

    ___

    ASSIGNOR SECURED PARTY'S NAME: Provide only one name (11a or 11b)

    11a.

    ORGANIZATION'S NAME

    _______________________________________________________

    OR

    11b.

    INDIVIDUAL'S SURNAME

    _______________________________________________________

    FIRST PERSONAL NAME

    _______________________________________________________

    ADDITIONAL NAME(S)/INITIAL(S) SUFFIX

    _______________________________________________________

    11c.

    MAILING ADDRESS

    _______________________________________________________

    CITY STATE POSTAL CODE

    COUNTRY

    _______________________________________________________

    12.

    ADDITIONAL SPACE FOR ITEM 4 (Collateral):

    _______________________________________________________

    _______________________________________________________

    _______________________________________________________

    13.

    This FINANCING STATEMENT is to be filed [for record] (or recorded) in the REAL ESTATE RECORDS (if applicable)

    14.

    This FINANCING STATEMENT:

    ____

    covers timber to be cut

    ____

    covers as-extracted collateral

    ____

    is filed as a fixture filing

    15.

    Name and address of a RECORD OWNER of real estate described in item 16 (if Debtor does not have a record interest):

    _______________________________________________________

    _______________________________________________________

    _______________________________________________________

    16.

    Description of real estate:

    _______________________________________________________

    _______________________________________________________

    _______________________________________________________

    17.

    MISCELLANEOUS:

    _______________________________________________________

    _______________________________________________________

    UCC FINANCING STATEMENT ADDENDUM (Form UCC1Ad)(Rev. 04/20/11)".

11. "UCC FINANCING STATEMENT AMENDMENT
12. FOLLOW INSTRUCTIONS
13. A. NAME & PHONE OF CONTACT AT FILER (optional)
14. _______________________________________________________
15. B. E-MAIL CONTACT AT FILER (optional)
16. _______________________________________________________
17. C. SEND ACKNOWLEDGMENT TO: (Name and Address)
18. _______________________________________________________ THE ABOVE SPACE IS
19. _______________________________________________________ FOR FILING

20. _______________________________________________________ OFFICE USE ONLY

    1a. INITIAL FINANCING STATEMENT FILE NUMBER _____________________________________________ 1b. _____ This FINANCING STATEMENT AMENDMENT is to be filed [for record] (or recorded) in the REAL ESTATE RECORDS Filer: attach Amendment Addendum (Form UCC3Ad) and provide Debtor's name in item 13 2. _____ TERMINATION: Effectiveness of the Financing Statement identified above is terminated with respect to the security interest(s) of Secured Party authorizing this Termination Statement. 3. _____ ASSIGNMENT (full or partial): Provide name of Assignee in item 7a or 7b, and address of Assignee in item 7c and name of Assignor in item 9. For partial assignment, complete items 7 and 9 and also indicate affected collateral in item 8. 4. _____ CONTINUATION: Effectiveness of the Financing Statement identified above with respect to the security interest(s) of Secured Party authorizing this Continuation Statement is continued for the additional period provided by applicable law. 5. PARTY INFORMATION CHANGE: Check one of these two boxes: This change affects ___ Debtor or ___ Secured Party of record AND Check one of these three boxes to: _____ CHANGE name and/or address: Complete item 6a or 6b; and item 7a or 7b and item 7c _____ ADD name: Complete item 7a or 7b, and item 7c _____ DELETE name: Give record name to be deleted in item 6a or 6b 6. CURRENT RECORD INFORMATION: Complete for Party Information Change - provide only one name (6a or 6b) 6a. ORGANIZATION'S NAME _______________________________________________________ OR 6b. INDIVIDUAL’S SURNAME _______________________________________________________ FIRST PERSONAL NAME _______________________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX _______________________________________________________ 7. CHANGED OR ADDED INFORMATION: Complete for Assignment or Party Information Change - provide only one name (7a or 7b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name) 7a. ORGANIZATION'S NAME ___________________________________________ OR 7b. INDIVIDUAL'S SURNAME ___________________________________________ FIRST PERSONAL NAME _____________________________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX _____________________________________________________________ 7c. MAILING ADDRESS _____________________________________________________________ CITY STATE POSTAL CODE COUNTRY _____________________________________________________________ 8. ___ COLLATERAL CHANGE: Also check one of these four boxes: ___ ADD collateral ___ DELETE collateral ___ RESTATE covered collateral ___ ASSIGN collateral Indicate collateral: ___________________________________________ 9. NAME OF SECURED PARTY OF RECORD AUTHORIZING THIS AMENDMENT: Provide only one name (9a or 9b) (name of Assignor, if this is an Assignment) If this is an Amendment authorized by a DEBTOR, check here ___ and provide name of authorizing Debtor 9a. ORGANIZATION'S NAME ___________________________________________ OR 9b. INDIVIDUAL'S SURNAME ___________________________________________ FIRST PERSONAL NAME _____________________________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX _____________________________________________________________ 10. OPTIONAL FILER REFERENCE DATA: ___________________________________________ UCC FINANCING STATEMENT AMENDMENT ADDENDUM FOLLOW INSTRUCTIONS 11. INITIAL FINANCING STATEMENT FILE NUMBER: Same as item 1a on Amendment form ___________________________________________ 12. NAME OF PARTY AUTHORIZING THIS AMENDMENT: Same as item 9 on Amendment form 12a. ORGANIZATION'S NAME ___________________________________________ OR 12b. INDIVIDUAL'S SURNAME ___________________________________________ FIRST PERSONAL NAME _____________________________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX ___________________________________________ THE ABOVE SPACE IS ___________________________________________ FOR FILING ___________________________________________ OFFICE USE ONLY 13. Name of DEBTOR on related financing statement (Name of a current Debtor of record required for indexing purposes only in some filing offices – see Instruction item 13). Provide only one Debtor name (13a or 13b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name). See instructions if name does not fit. 13a. ORGANIZATION'S NAME ___________________________________________ OR 13b. INDIVIDUAL'S SURNAME ___________________________________________ FIRST PERSONAL NAME ___________________________________________ ADDITIONAL NAME(S)/INITIAL(S) SUFFIX _____________________________________________________________ 14. ADDITIONAL SPACE FOR ITEM 8 (Collateral): _____________________________________________________________ _____________________________________________________________ _____________________________________________________________ 15. This FINANCING STATEMENT AMENDMENT: ___ covers timber to be cut, ___ covers as-extracted collateral, ___ is filed as a fixture filing 16. Name and address of a RECORD OWNER of real estate described in item 17 (if Debtor does not have a record interest): _____________________________________________________________ _____________________________________________________________ _____________________________________________________________ 17. Description of real estate: _____________________________________________________________ _____________________________________________________________ _____________________________________________________________ 18. MISCELLANEOUS _____________________________________________________________

    1a.

    INITIAL FINANCING STATEMENT FILE NUMBER

    _____________________________________________

    1b. _____ This FINANCING STATEMENT AMENDMENT is to be filed [for record] (or recorded) in the REAL ESTATE RECORDS Filer: attach Amendment Addendum (Form UCC3Ad) and provide Debtor's name in item 13

    2.

    _____ TERMINATION: Effectiveness of the Financing Statement identified above is terminated with respect to the security interest(s) of Secured Party authorizing this Termination Statement.

    3.

    _____ ASSIGNMENT (full or partial): Provide name of Assignee in item 7a or 7b, and address of Assignee in item 7c and name of Assignor in item 9. For partial assignment, complete items 7 and 9 and also indicate affected collateral in item 8.

    4.

    _____ CONTINUATION: Effectiveness of the Financing Statement identified above with respect to the security interest(s) of Secured Party authorizing this Continuation Statement is continued for the additional period provided by applicable law.

    5.

    PARTY INFORMATION CHANGE:

    Check one of these two boxes:

    This change affects ___ Debtor or ___ Secured Party of record

    AND Check one of these three boxes to:

    _____ CHANGE name and/or address: Complete item 6a or 6b; and item 7a or 7b and item 7c

    _____ ADD name: Complete item 7a or 7b, and item 7c

    _____ DELETE name: Give record name to be deleted in item 6a or 6b

    6.

    CURRENT RECORD INFORMATION: Complete for Party Information Change - provide only one name (6a or 6b)

    6a.

    ORGANIZATION'S NAME

    _______________________________________________________

    OR

    6b.

    INDIVIDUAL’S SURNAME

    _______________________________________________________

    FIRST PERSONAL NAME

    _______________________________________________________

    ADDITIONAL NAME(S)/INITIAL(S) SUFFIX

    _______________________________________________________

    7.

    CHANGED OR ADDED INFORMATION: Complete for Assignment or Party Information Change - provide only one name (7a or 7b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name)

    7a.

    ORGANIZATION'S NAME

    ___________________________________________

    OR

    7b.

    INDIVIDUAL'S SURNAME

    ___________________________________________

    FIRST PERSONAL NAME

    _____________________________________________________________

    ADDITIONAL NAME(S)/INITIAL(S) SUFFIX

    _____________________________________________________________

    7c.

    MAILING ADDRESS

    _____________________________________________________________

    CITY STATE POSTAL CODE

    COUNTRY

    _____________________________________________________________

    8.

    ___

    COLLATERAL CHANGE: Also check one of these four boxes:

    ___

    ADD collateral

    ___

    DELETE collateral

    ___

    RESTATE covered collateral

    ___

    ASSIGN collateral

    Indicate collateral: ___________________________________________

    9.

    NAME OF SECURED PARTY OF RECORD AUTHORIZING THIS AMENDMENT: Provide only one name (9a or 9b) (name of Assignor, if this is an Assignment) If this is an Amendment authorized by a DEBTOR, check here ___ and provide name of authorizing Debtor

    9a.

    ORGANIZATION'S NAME

    ___________________________________________

    OR

    9b.

    INDIVIDUAL'S SURNAME

    ___________________________________________

    FIRST PERSONAL NAME

    _____________________________________________________________

    ADDITIONAL NAME(S)/INITIAL(S) SUFFIX

    _____________________________________________________________

    10.

    OPTIONAL FILER REFERENCE DATA:

    ___________________________________________

    UCC FINANCING STATEMENT AMENDMENT ADDENDUM FOLLOW INSTRUCTIONS

    11.

    INITIAL FINANCING STATEMENT FILE NUMBER: Same as item 1a on Amendment form

    ___________________________________________

    12.

    NAME OF PARTY AUTHORIZING THIS AMENDMENT: Same as item 9 on Amendment form

    12a.

    ORGANIZATION'S NAME

    ___________________________________________

    OR

    12b.

    INDIVIDUAL'S SURNAME

    ___________________________________________

    FIRST PERSONAL NAME

    _____________________________________________________________

    ADDITIONAL NAME(S)/INITIAL(S) SUFFIX

    ___________________________________________ THE ABOVE SPACE IS ___________________________________________ FOR FILING ___________________________________________ OFFICE USE ONLY

    13.

    Name of DEBTOR on related financing statement (Name of a current Debtor of record required for indexing purposes only in some filing offices – see Instruction item 13). Provide only one Debtor name (13a or 13b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name). See instructions if name does not fit.

    13a.

    ORGANIZATION'S NAME

    ___________________________________________

    OR

    13b.

    INDIVIDUAL'S SURNAME

    ___________________________________________

    FIRST PERSONAL NAME

    ___________________________________________

    ADDITIONAL NAME(S)/INITIAL(S) SUFFIX

    _____________________________________________________________

    14.

    ADDITIONAL SPACE FOR ITEM 8 (Collateral):

    _____________________________________________________________

    _____________________________________________________________

    _____________________________________________________________

    15.

    This FINANCING STATEMENT AMENDMENT: ___ covers timber to be cut, ___ covers as-extracted collateral, ___ is filed as a fixture filing

    16.

    Name and address of a RECORD OWNER of real estate described in item 17 (if Debtor does not have a record interest):

    _____________________________________________________________

    _____________________________________________________________

    _____________________________________________________________

    17.

    Description of real estate:

    _____________________________________________________________

    _____________________________________________________________

    _____________________________________________________________

    18.

    MISCELLANEOUS

    _____________________________________________________________

    UCC FINANCING STATEMENT AMENDMENT ADDENDUM (Form UCC3Ad) (Rev 04/20/11)".

    OFFICIAL COMMENTS

21. UCC Official Comments © by ALI & the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved.
22. 1. Source. New.
23. 2. "Safe Harbor" Written Forms. Although section 9-520 limits the bases upon which the filing office can refuse to accept records, this section provides sample written forms that must be accepted in every filing office in the country, as long as the filing office's rules permit it to accept written communications. By completing one of the forms in this section, a secured party can be certain that the filing office is obligated to accept it.
24. The forms in this section are based upon national financing statement forms that were in use under former article 9. Those forms were developed over an extended period and reflect the comments and suggestions of filing officers, secured parties and their counsel, and service companies. The formatting of those forms and of the ones in this section has been designed to reduce error by both filers and filing offices.
25. A filing office that accepts written communications may not reject, on grounds of form or format, a filing using these forms. Although filers are not required to use the forms, they are encouraged and can be expected to do so, inasmuch as the forms are well designed and avoid the risk of rejection on the basis of form or format. As their use expands, the forms will rapidly become familiar to both filers and filing office personnel. Filing offices may and should encourage the use of these forms by declaring them to be the "standard" (but not exclusive) forms for each jurisdiction, albeit without in any way suggesting that alternative forms are unacceptable.
26. The multi-purpose form in subsection (b) covers changes with respect to the debtor, the secured party, the collateral, and the status of the financing statement (termination and continuation). A single form may be used for several different types of amendments at once (e.g., both to change a debtor's name and continue the effectiveness of the financing statement).

History: 1978 Comp., § 55-9-521, enacted by Laws 2001, ch. 139, § 92; repealed and reenacted by Laws 2013, ch. 137, § 18.

ANNOTATIONS

Repeals and reenactments. — Laws 2013, ch. 137, § 18 repealed former 55-9-521 NMSA 1978 and enacted a new section, effective July 1, 2013.

Decisions under former Section 55-9-402 NMSA 1978. — In light of the similarity of this section and former Section 55-9-402 NMSA 1978, annotations decided under former Section 55-9-402 NMSA 1978 have been included in the annotations in this section.

Old security devices replaced by simplified procedures. — Under the terms of the code, the traditional distinctions among security devices such as conditional sales contracts and chattel mortgages are not retained. The code substitutes for such a simplified statutory procedure which applies to all transactions intended to create security interests in personal property and fixtures. 1962 Op. Att'y Gen. No. 62-01 (rendered under former law).