(2) IF MORE THAN ONE SECURITY INTEREST IS PERFECTED UNDER
SUBSECTION (D), THE SECURITY INTERESTS RANK EQUALLY IN PROPORTION TO
VALUE OF THE COLLATERAL AT THE TIME IT BECAME COMMINGLED GOODS.

9-337. PRIORITY OF SECURITY INTERESTS IN GOODS COVERED BY CERTIFICATE OF
TITLE.

IF, WHILE A SECURITY INTEREST IN GOODS IS PERFECTED BY ANY METHOD
UNDER THE LAW OF ANOTHER JURISDICTION, THIS STATE ISSUES A CERTIFICATE OF
TITLE THAT DOES NOT SHOW THAT THE GOODS ARE SUBJECT TO THE SECURITY
INTEREST OR CONTAIN A STATEMENT THAT THEY MAY BE SUBJECT TO SECURITY
INTERESTS NOT SHOWN ON THE CERTIFICATE:

(1) A BUYER OF THE GOODS, OTHER THAN A PERSON IN THE BUSINESS
OF SELLING GOODS OF THAT KIND, TAKES FREE OF THE SECURITY INTEREST IF THE
BUYER GIVES VALUE AND RECEIVES DELIVERY OF THE GOODS AFTER ISSUANCE OF
THE CERTIFICATE AND WITHOUT KNOWLEDGE OF THE SECURITY INTEREST; AND

(2) THE SECURITY INTEREST IS SUBORDINATE TO A CONFLICTING
SECURITY INTEREST IN THE GOODS THAT ATTACHES, AND IS PERFECTED UNDER §
9-311(B), AFTER ISSUANCE OF THE CERTIFICATE AND WITHOUT THE CONFLICTING
SECURED PARTY'S KNOWLEDGE OF THE SECURITY INTEREST.

9-338. PRIORITY OF SECURITY INTEREST OR AGRICULTURAL LIEN PERFECTED BY
FILED FINANCING STATEMENT PROVIDING CERTAIN INCORRECT INFORMATION.

IF A SECURITY INTEREST OR AGRICULTURAL LIEN IS PERFECTED BY A FILED
FINANCING STATEMENT PROVIDING INFORMATION DESCRIBED IN § 9-516(B)(5)
WHICH IS INCORRECT AT THE TIME THE FINANCING STATEMENT IS FILED:

(1) THE SECURITY INTEREST OR AGRICULTURAL LIEN IS SUBORDINATE
TO A CONFLICTING PERFECTED SECURITY INTEREST IN THE COLLATERAL TO THE
EXTENT THAT THE HOLDER OF THE CONFLICTING SECURITY INTEREST GIVES
VALUE IN REASONABLE RELIANCE UPON THE INCORRECT INFORMATION; AND

(2) A PURCHASER, OTHER THAN A SECURED PARTY, OF THE
COLLATERAL TAKES FREE OF THE SECURITY INTEREST OR AGRICULTURAL LIEN TO
THE EXTENT THAT, IN REASONABLE RELIANCE UPON THE INCORRECT
INFORMATION, THE PURCHASER GIVES VALUE AND, IN THE CASE OF CHATTEL
PAPER, DOCUMENTS, GOODS, INSTRUMENTS, OR A SECURITY CERTIFICATE,
RECEIVES DELIVERY OF THE COLLATERAL.

9-339. PRIORITY SUBJECT TO SUBORDINATION.

THIS TITLE DOES NOT PRECLUDE SUBORDINATION BY AGREEMENT BY A
PERSON ENTITLED TO PRIORITY.