Date (ie.

July 31, 2000)

BY FAX

Bank Name
Bank Address

Attention: Name of Bank Representative or Manager

Dear Sir or Madam:

We are purchasing Describe Purchased Item (ie. an item of equipment described as an

Ultramax 3 Ton Lifter, Serial No. 9999999, together with peripheral equipment) from
your customer, Name of Person from Whom you are Purchasing Equipment. We note that
you have registered security against the assets Name of Bank's Customer (ie. ABC Corp).

Would you kindly confirm to us that you have released any and all interests you may
have in this equipment, in order that we can complete our purchase. Please sign and
return the enclosed copy of this letter as confirmation of your release of interest.

Thank you in advance for your anticipated co-operation. Please feel free to call me if you
have any questions.

Yours truly,

Your Company or Business Name

Per:
Your Name and Title (ie. John Smith, President)

We hereby release any interest we may have in the equipment described above, and
consent to the sale thereof to you.

Date:

Bank Name

Per:
Name of Bank Representative