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ONB (bank) made a loan to Dairy secured by Dairy's equipment. Dairy sold the equipment to Cheeseworks. Cheeseworks sold the equipment to Buttercup. The equipment

ONB (bank) made a loan to Dairy secured by Dairy's equipment. Dairy sold the equipment to Cheeseworks. Cheeseworks sold the equipment to Buttercup. The equipment is then sold to Cheeseworks, which later sells the equipment to Buttercups.

Is the money that Cheeseworks receives as proceeds of the sale subject to ONB's (Bank) security interest?

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