(C) THE SATISFACTION OF OBLIGATIONS SECURED BY ANY
SUBORDINATE SECURITY INTEREST IN OR OTHER LIEN ON THE COLLATERAL
SUBJECT TO THE SECURITY INTEREST OR AGRICULTURAL LIEN UNDER WHICH THE
COLLECTION OR ENFORCEMENT IS MADE IF THE SECURED PARTY RECEIVES AN
AUTHENTICATED DEMAND FOR PROCEEDS BEFORE DISTRIBUTION OF THE
PROCEEDS IS COMPLETED.

(2) IF REQUESTED BY A SECURED PARTY, A HOLDER OF A SUBORDINATE
SECURITY INTEREST OR OTHER LIEN SHALL FURNISH REASONABLE PROOF OF THE
INTEREST OR LIEN WITHIN A REASONABLE TIME. UNLESS THE HOLDER COMPLIES,
THE SECURED PARTY NEED NOT COMPLY WITH THE HOLDER'S DEMAND UNDER
PARAGRAPH (1)(C).

(3) A SECURED PARTY NEED NOT APPLY OR PAY OVER FOR APPLICATION
NONCASH PROCEEDS OF COLLECTION AND ENFORCEMENT UNDER THIS SECTION
UNLESS THE FAILURE TO DO SO WOULD BE COMMERCIALLY UNREASONABLE. A
SECURED PARTY THAT APPLIES OR PAYS OVER FOR APPLICATION NONCASH
PROCEEDS SHALL DO SO IN A COMMERCIALLY REASONABLE MANNER

(4) A SECURED PARTY SHALL ACCOUNT TO AND PAY A DEBTOR FOR ANY
SURPLUS, AND THE OBLIGOR IS LIABLE FOR ANY DEFICIENCY

(B) IF THE UNDERLYING TRANSACTION IS A SALE OF ACCOUNTS, CHATTEL
PAPER, PAYMENT INTANGIBLES, OR PROMISSORY NOTES, THE DEBTOR IS NOT
ENTITLED TO ANY SURPLUS, AND THE OBLIGOR IS NOT LIABLE FOR ANY
DEFICIENCY.

9-609. SECURED PARTY'S RIGHT TO TAKE POSSESSION AFTER DEFAULT.

(A) AFTER DEFAULT, A SECURED PARTY:

(1) MAY TAKE POSSESSION OF THE COLLATERAL; AND

(2) WITHOUT REMOVAL, MAY RENDER EQUIPMENT UNUSABLE AND
DISPOSE OF COLLATERAL ON A DEBTOR'S PREMISES UNDER § 9-610.

(B) A SECURED PARTY MAY PROCEED UNDER SUBSECTION (A):

(1) PURSUANT TO JUDICIAL PROCESS; OR

(2) WITHOUT JUDICIAL PROCESS, IF IT PROCEEDS WITHOUT BREACH OF
THE PEACE.

(C) IF SO AGREED, AND IN ANY EVENT AFTER DEFAULT, A SECURED PARTY
MAY REQUIRE THE DEBTOR TO ASSEMBLE THE COLLATERAL AND MAKE IT
AVAILABLE TO THE SECURED PARTY AT A PLACE TO BE DESIGNATED BY THE
SECURED PARTY WHICH IS REASONABLY CONVENIENT TO BOTH PARTIES.