As evidenced by a security agreement which is currently in default, we hereby certify that we have the right to the immediate possession of the collateral described above. In accordance with local laws, we hereby authorize National Recovery Network to proceed on our behalf, without judicial process, to take possession of the collateral above described and deliver same to their storage facility.
We agree to indemnify, save and hold harmless National Recovery Network, its principals, employees and agents from any and all claims, damages, losses and actions resulting from or arising out of efforts to collect and/or repossess the above claim, except, as may be cause by or arise out of negligence on the part of your agency, its principals, employees or agents.
|