1. Creditor (lender) has an agreement with Debtor whereby Debtor has provided assets (real or personal property) as collateral in return for a loan. 

2. Creditor registers the security agreement against Title to the property.

3. Creditor then has a priority claim against the assets provided for collateral to secure repayment of the loan.

 

Please provide a real-life example for 1, 2, and 3.