10 points Save Answer On January 20, Tom purchased a new hot-water tank for his home from Tanks, Inc. Tanks, Inc. agreed to carry tom on part of the price of the tank and took a security interst in the tank. The tank was then installed. On Feb. 1, Tom borrowed money from First Federal, and First Federal took a second mortgage on the house. On March 1, Fiesta Fun time Pools obtained a judgment against Tom and his house for unpaid balance due on Tom's pool. 1. Who has priority? 2. What would be the result if Tanks had filed a financing statement? 3. If Tom defaults to Tank inc. what can be done under article 9