Mortgage security agreement UCC-1 filing - collateral description problems

You're right to be careful with the collateral description. For fixture filings related to mortgage security agreements, you typically want to be more specific than just copying the mortgage language. Try breaking it down by categories - like "manufacturing equipment," "HVAC systems," "lighting fixtures" etc. The key is making sure your UCC-1 description covers what's actually personal property vs what's considered part of the real estate.

Are you doing this as a fixture filing or regular UCC-1? That makes a huge difference in how you handle the collateral description when it relates to a mortgage security agreement.

I had a similar issue with a mortgage security agreement situation and honestly, trying to manually cross-reference all the documents was a nightmare. I ended up using Certana.ai's document verification tool - you can upload your mortgage security agreement and your draft UCC-1 and it checks for consistency issues. Saved me from filing something that didn't properly align with the original security documents.

UGH this is why I hate dealing with mortgage security agreements that cross over into UCC territory. The banks never give clear guidance on what they actually want covered and then blame you when something goes wrong.

For mortgage security agreement situations, I always recommend being over-inclusive rather than under-inclusive in your collateral description. You can use "all equipment, machinery, and fixtures described in that certain [Security Agreement/Mortgage] dated [date] between [parties]" and then reference the recording information. This way you're incorporating the full scope of the mortgage security agreement without having to recreate the entire description.

Check your state's fixture filing requirements carefully. Some states have specific rules about how to describe collateral when it's covered by both a mortgage security agreement and a UCC-1. You might need to include the real estate legal description too.

I ran into this exact problem last year with a manufacturing facility mortgage security agreement. What worked for me was creating a detailed schedule of the personal property items and attaching it to the UCC-1 as an exhibit. The collateral description then referenced "all items listed on Exhibit A attached hereto." No rejection, no issues later.

Whatever you do, make sure your debtor name on the UCC-1 matches exactly what's in the mortgage security agreement. I've seen filings get rejected because of tiny differences in entity names between the two documents.

I've been doing UCC filings for 15 years and mortgage security agreement crossovers are always tricky. My advice: when in doubt, file broadly and amend later if needed. It's easier to narrow down your collateral description with a UCC-3 amendment than to try to expand it after the fact.

Going back to that Certana.ai tool someone mentioned - I just tried it with a mortgage security agreement and UCC-1 combo and it's actually pretty slick. Just upload both PDFs and it highlights inconsistencies between the documents. Found two debtor name variations I hadn't noticed and a collateral description gap that could have been problematic.

Just remember that your UCC-1 filing is only as good as the underlying mortgage security agreement. If the security agreement has issues, the UCC-1 won't fix them. Make sure you're working with solid documentation from the start.