(CONTACTNAME)
(ADDRESS)
(CITY, PROVINCE)
(ZIP/POSTALCODE)
SUBJECT: NOTICE OF INTENT TO EXERCISE WAREHOUSE LIEN BY AUCTION
Dear [CONTACT NAME],
In accordance with [LAW OR CODE], we hereby give noticethat our company has a lien upon property stored inourfacilities by you, for your account, or in which you claiman interest, amounting to the sum of [AMOUNT] which is nowdue and described as follows:
[DESCRIBE]
The goods against which the lien of this company existsconsists of [DESCRIBE] received on [DATE], as evidenced by ourwarehouse receipt under [LOT #], issued in thename of [NAME].
We hereby demand that the amount of [AMOUNT] be paid in cash,or by money order or certified check on or before[DATE],and notify you that unless said claim is paid wihin theherein specified time, the goods will be advertised for saleand sold at Public Auction at our warehouse, or PublicAuction house located at [ADDRESS] on [DATE], sale beginning at [TIME].
The proceeds of such sale shall be applied to the payment ofthe amount of the lien, including reasonable charges ofnotice, sale and advertisement. If there is a deficiencyafter said sale, you shall be held liable for saiddeficiency and judgment may be entered against you.
No employee or agent of this Company has the authority topermit the release or withdrawal of any portion of the goodsfrom a public auction sale upon receipt of a payment onaccount of less than the entire amount due, except bywritten agreement. The acceptance of a payment of less thanthe full amount due in the absence of a written agreementshall not constitue a waiver on the part of this Company toproceed with the herein described sale.
Sincerely,
(SIGNATURE)
(YOURNAME)
(YOURTITLE)
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