Bill Of Sale with Encumbrances

FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which

being hereby acknowledged, and in consideration of the payment of the sum of

$___________, the undersigned______________________________ (the "Seller") does hereby sell and transfer to____________________________ (the "Buyer") the following chattels and personal property:

_________________________________________________

_________________________________________________

_________________________________________________

 

The Seller warrants that it has good title to said property, but that said property is being sold subject to a certain security interest or lien on said property in favor of ___________________________, (the "secured debt"), with a balance thereon of $___________.

The buyer agrees to assume and pay said secured debt and to indemnify and save harmless the Seller from any claim thereon.

 

Dated this_____ day of____________________, 201(x).

 

________________________  __________________________