FOUNDATION WHEN CONNECTED TO THE REQUIRED UTILITIES, AND INCLUDES THE
PLUMBING, HEATING, AIR-CONDITIONING, AND ELECTRICAL SYSTEMS CONTAINED
THEREIN. THE TERM INCLUDES ANY STRUCTURE THAT MEETS ALL OF THE
REQUIREMENTS OF THIS PARAGRAPH EXCEPT THE SIZE REQUIREMENTS AND WITH
RESPECT TO WHICH THE MANUFACTURER VOLUNTARILY FILES A CERTIFICATION
REQUIRED BY THE UNITED STATES SECRETARY OF HOUSING' AND URBAN
DEVELOPMENT AND COMPLIES WITH THE STANDARDS ESTABLISHED UNDER TITLE
42 OF THE UNITED STATES CODE.
(54) "MANUFACTURED-HOME TRANSACTION" MEANS A SECURED
TRANSACTION:
(A) THAT CREATES A PURCHASE-MONEY SECURITY INTEREST IN A
MANUFACTURED HOME, OTHER THAN A MANUFACTURED HOME HELD AS
INVENTORY; OR
(B) IN WHICH A MANUFACTURED HOME, OTHER THAN A
MANUFACTURED HOME HELD AS INVENTORY, IS THE PRIMARY COLLATERAL.
(55) "MORTGAGE" MEANS A CONSENSUAL INTEREST IN REAL PROPERTY,
INCLUDING FIXTURES, WHICH SECURES PAYMENT OR PERFORMANCE OF AN
OBLIGATION.
(56) "NEW DEBTOR" MEANS A PERSON THAT BECOMES BOUND AS
DEBTOR UNDER § 9-203(D) BY A SECURITY AGREEMENT PREVIOUSLY ENTERED INTO
BY ANOTHER PERSON.
(57) "NEW VALUE" MEANS (I) MONEY, (II) MONEYS WORTH IN PROPERTY,
SERVICES, OR NEW CREDIT, OR (III) RELEASE BY A TRANSFEREE OF AN INTEREST IN
PROPERTY PREVIOUSLY TRANSFERRED TO THE TRANSFEREE. THE TERM DOES NOT
INCLUDE AN OBLIGATION SUBSTITUTED FOR ANOTHER OBLIGATION.
(58) "NONCASH PROCEEDS" MEANS PROCEEDS OTHER THAN CASH
PROCEEDS.
(59) "OBLIGOR" MEANS A PERSON THAT, WITH RESPECT TO AN
OBLIGATION SECURED BY A SECURITY INTEREST IN OR AN AGRICULTURAL LIEN ON
THE COLLATERAL, (I) OWES PAYMENT OR OTHER PERFORMANCE OF THE
OBLIGATION, (II) HAS PROVIDED PROPERTY OTHER THAN THE COLLATERAL TO
SECURE PAYMENT OR OTHER PERFORMANCE OF THE OBLIGATION, OR (III) IS
OTHERWISE ACCOUNTABLE IN WHOLE OR IN PART FOR PAYMENT OR OTHER
PERFORMANCE OF THE OBLIGATION. THE TERM DOES NOT INCLUDE ISSUERS OR
NOMINATED PERSONS UNDER A LETTER OF CREDIT.
(60) "ORIGINAL DEBTOR" MEANS A PERSON THAT, AS DEBTOR ENTERED
INTO A SECURITY AGREEMENT TO WHICH A NEW DEBTOR HAS BECOME BOUND
UNDER § 9-203(D).
(61) "PAYMENT INTANGIBLE" MEANS A GENERAL INTANGIBLE UNDER
WHICH THE ACCOUNT DEBTOR'S PRINCIPAL OBLIGATION IS A MONETARY
OBLIGATION.
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