USA lenders, prepare a Pledge Agreement for a borrower to pledge personal property for you to hold as collateral security to ensure repayment of a loan under a promissory note.

If the borrower defaults in payment, the lender has all the rights and remedies of a secured party under the Uniform Commercial Code, and has the right to sell, lease or dispose of the property as it sees fit.

This United States collateral security pledge agreement is provided in MS Word format, and is fully editable to meet your needs.