266

LAWS OF MARYLAND

[Ch. 49

(d)     "Debtor" means the person who owes
payment or other performance of the obligation secured,
whether or not he owns or has rights in the collateral,
and includes the seller of accounts, contract rights or
chattel paper. Where the debtor and the owner of the
collateral are not the same person, the term "debtor"
means the owner of the collateral in any provision of the
[subtitle] TITLE dealing with the collateral, the obligor
in any provision dealing with the obligation, and may
include both where the context so requires;

(e)   "Document" means document of title as
defined in the general definitions of [subtitle] TITLE 1
(§ 1-201);

(f)   "Goods" includes all things which are
movable at the time the security interest attaches or
which are fixtures (§ 9—313) , but does not include money,
documents, instruments, accounts, chattel paper, general
intangibles, contract rights and other things in action.
"Goods" also includes the unborn young of animals and
growing crops;

(g)      "Instrument" means a negotiable
instrument (defined in § 3—104), or a security (defined
in § 8—102) or any other writing which evidences a right
to the payment of money and is not itself a security
agreement or lease and is of a type which is in ordinary
course of business transferred by delivery with any
necessary indorsement or assignment;

(h) "Security agreement" means an agreement
which creates or provides for a security interest;

(i) "Secured party" means a lender, seller or
other person in whose favor there is a security interest,
including a person to whom accounts, contract rights or
chattel paper have been sold. When the holders of
obligations issued under an indenture of trust, equipment
trust agreement or the like are represented by a trustee
or other person, the representative is the secured party.

(2) Other definitions applying to this [subtitle]
TITLE and the sections in which they appear are:

"Account." § 9-106.
"Consumer goods." § 9—109(1).
"Contract right." § 9-106.
"Equipment." § 9-109(2).
"Farm products." § 9-109(3).
"General intangibles." § 9—106.
"Inventory." § 9-109(4).
"Lien creditor." § 9-301(3).
"Proceeds." § 9-306(1).