With no explanation, chose the best option from "A", "B", "C" or "D". of the right to take possession under Section 9-503.” Section 6A-9-501 cmt. 2. Thus, upon CSI’s default, the bank could have followed one of two paths. Under § 6A-9-504(3), it could have disposed of the collateral in a commercially reasonable manner. Alternatively, § 6A-9-505(2) permits secured parties upon default to perform what is referred to as a strict foreclosure, pursuant to which they retain the collateral to satisfy an obligation — as long as the debtor does not object. Here, by liquidating the CD and applying it toward the balance due on the CSI loan — not only with debtor Brier’s acquiescence and approval but also at his specific request— the bank acted properly under § 6A-9-504. See Roberts v. First-Citizens Bank & Trust Co., 124 N.C.App. 713, 478 S.E.2d 809, 813 (1996) (<HOLDING>). Section 6A-9-504(l) permits “[a] secured

A: holding that where a security agreement contained collateral other than collateral for which creditor advanced funds to debtor since it secured antecedent debts as well as new debt and the agreement provided that the security interest secured payment and performance of the debtors present and future debts to the creditor the creditor did not have a pmsi and the debtors could avoid the creditors lien on collateral claimed as exempt
B: holding that the secured creditor was only entitled to the amount of its claim as provided in the debtors chapter 13 plan when the destruction of the vehicle yielded insurance proceeds greater than the secured creditors claim
C: holding the basic purpose of a financing statement is to provide notice to outside creditors that a secured claim has been perfected
D: holding that notice is required under 95043 to debtors who provide instruments as collateral before the secured party collects under those instruments upon default
D.