The security agreement must be signed by the debtor and describe the collateral.

Name: The security agreement must be signed by the debtor and describe the collateral.
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The security agreement must be signed by the debtor.Moreover,the agreement must describe the collateral.The description must be accurate and detailed enough to identify the collateral.It is important for the collateral to be described clearly in the written agreement because the creditor could otherwise lose rights to the collateral.

The Security Agreement Must Be Signed by the Debtor and Describe