Potter County Collateral Assignment of Note and Liens (Security Agreement) Form (Texas)

All Potter County specific forms and documents listed below are included in your immediate download package:

Collateral Assignment of Note and Liens Form

Potter County Collateral Assignment of Note and Liens Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Potter County compliant document last validated/updated 8/6/2024

Guidelines - Collateral Assignment of Note and Liens

Potter County Guidelines - Collateral Assignment of Note and Liens

Line by line guide explaining every blank on the form.
Included Potter County compliant document last validated/updated 10/29/2024

Completed Example of the Collateral Assignment of Note and Liens Document

Potter County Completed Example of the Collateral Assignment of Note and Liens Document

Example of a properly completed form for reference.
Included Potter County compliant document last validated/updated 11/20/2024

When using these Collateral Assignment of Note and Liens (Security Agreement) forms, the subject real estate must be physically located in Potter County. The executed documents should then be recorded in the following office:

Potter County Clerk - Courthouse

500 S Filmore, Suite 201 / PO Box 9638, Amarillo, Texas 79101

Hours: Monday - Friday 8:00am - 5:00pm

Phone: (806) 379-2275

Local jurisdictions located in Potter County include:

  • Amarillo
  • Bushland

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Immediately after you submit payment, the Potter County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Potter County using our eRecording service.
Are these forms guaranteed to be recordable in Potter County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Potter County including margin requirements, content requirements, font and font size requirements.

Can the Collateral Assignment of Note and Liens (Security Agreement) forms be re-used?

Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Potter County that you need to transfer you would only need to order our forms once for all of your properties in Potter County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Texas or Potter County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.

What type of files are the forms?

All of our Potter County Collateral Assignment of Note and Liens (Security Agreement) forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.

Do I need any special software to use these forms?

You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.

Do I have to enter all of my property information online?

No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.

Can I save the completed form, email it to someone?

Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

1. Borrower/Obligor 2. Debtor/Original Lender 3. Secured Party(SP)/3rd Party/New Lender

This form assigns the current Debtors/lenders security interest in a promissory note backed by a previously recorded Deed of Trust Lien, with all rights, titles, equities and interest securing the same as described in that certain Deed of Trust. This collateral is assigned to a Secured Party to protect a Security Agreement made between the Debtor and Secured Party. A collateral assignment is a pledge that the Debtor will pay the Secured Party as agreed. Debtor authorizes Secured Party, at Secured Party's option, to collect any and all sums becoming due upon the Collateral, such sums to be held by Secured Party without liability for interest thereon and applied toward the payment of the Obligations as and when the same becomes payable, and Secured Party shall have the full control of the Collateral and the Deed of Trust Lien securing the same until the Obligations are fully paid and shall have the further right to release the Deed of Trust Lien securing the Collateral upon the full and final payment to Secured Party.

Typically used by Private Lenders/Debtors to borrow money on a property that they financed by a Deed of Trust Lien and Promissory Note.

Sec. 9.102. DEFINITIONS AND INDEX OF DEFINITIONS. (a) In this chapter:
(12) "Collateral" means the property subject to a security interest or agricultural lien. The term includes:
(A) proceeds to which a security interest attaches;
(B) accounts, chattel paper, payment intangibles, and promissory notes that have been sold; and
(C) goods that are the subject of a consignment.

(28) "Debtor" means:
(A) a person having an interest, other than a security interest or other lien, in the collateral, whether or not the person is an obligor;
(B) a seller of accounts, chattel paper, payment intangibles, or promissory notes; or
(C) a consignee.

(66) "Promissory note" means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgement by a bank that the bank has received for deposit a sum of money or funds.

(73) "Secured party" means:
(A) a person in whose favor a security interest is created or provided for under a security agreement, whether or not any obligation to be secured is outstanding;
(B) a person that holds an agricultural lien;
(C) a consignor;
(D) a person to which accounts, chattel paper, payment intangibles, or promissory notes have been sold;
(E) a trustee, indenture trustee, agent, collateral agent, or other representative in whose favor a security interest or agricultural lien is created or provided for; or
(F) a person that holds a security interest arising under Section 2.401, 2.505, 2.711(c), 2A.508(e), 4.210, or 5.118.

(74) "Security agreement" means an agreement that creates or provides for a security interest.

For use in Texas only.


Our Promise

The documents you receive here will meet, or exceed, the Potter County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Save Time and Money

Get your Potter County Collateral Assignment of Note and Liens (Security Agreement) form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

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December 22nd, 2024

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December 22nd, 2024

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December 22nd, 2024

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February 15th, 2022

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March 8th, 2024

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July 3rd, 2020

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August 23rd, 2022

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August 23rd, 2022

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March 16th, 2020

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Michael L.

September 5th, 2020

Pretty good stuff, not exactly clear on the deed transfer costs and all

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November 17th, 2020

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April 5th, 2020

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Julie A.

December 17th, 2018

After receiving the forms online and reviewing them, it was very easy to fill this out and the additional information was very helpful. Saved a lot of money by not having to use a lawyer/paralegal to do this simple task. Will definitely use Deeds.com in the future for any further needs. Thank you

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Todd W.

September 3rd, 2020

Communication is hard. The reps need to be empowered and encouraged to call the customers when necessary. They encourage 300 dpi resolution and under 2 MB PDF file, which is not even possible with our scanner. They made a vague comment about a legal description looking abbreviated but did not explain. They refused to call me. They said the county said "Image is light please darken", but the image looked fine to me. Maybe not their fault, but they refused to help work with the county on that for me. I followed their suggestion though and re-scanned at 300 dpi, but they misunderstood me and did not re-submit it right away. Over 48 hours later, it's still not recorded yet. I hope it will be today.

Reply from Staff

Thank you for your feedback Todd.