Charlie a poor musician need $1500 cash fast to pay back his rent and buy food stands agrees to loan Charlie 1500 excepting as collateral Charlie's slimmer six alto saxophone they put their agreement in writing and signed it Charlie keeps possession of the saxophone so he can play gigs to make money and eventually pay Stanback explain the staying here and in forcible security interest if so how can stand let all the creditors know I love his interest in the saxophone if not how can he get a security interest in the saxophone