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	Montana Receipt for Collateral Forms

Montana Receipt for Collateral for use in Montana. This receipt for collateral provides:

• The secured party has obtained the collateral and will hold it as security until the loan is repaid.
• If the borrower defaults on the obligation, the property may be disposed of to satisfy the obligation.
• The borrower will pay any costs and expenses relating to holding the property.
• The secured party does not acknowledge the value or condition of the property offered as collateral.