Q$3$: ABC Co$.,$ a California corporation sells musical instruments. ABC Co$.$ borrowed $$1,000,000$ from Local Bank for working capital and gave its inventory, proceeds and after$-$acquired inventory as security for the loan. Local Bank took a security agreement and filed a UCC$-1$ Financing Statement in the proper place on April $1,2015.$ On January $3$d of the next year, ABC Co$.$ contracted to buy $50$ fancy black walnut pianos for its store from Black Walnut Piano Company. Black Walnut agreed to sell them to ABC Co$.$ on credit, reserving, pursuant to an agreement, a security interest in the pianos to secure their purchase price. Black Walnut filed a UCC$-1$ Financing Statement in the appropriate place on Jan. $8,2016$ and delivered the pianos on Jan. $9.$ On March $3$d of that year, Cathy brought a black walnut piano from ABC Co$.$ on credit, signing a promissory note and a security agreement. She stated that the sole purpose of the purchase was to fulfill her lifetime dream of learning to play Mozart to her pet cat Muffy. ABC Co$.$ did not file a UCC$-1$ Financing Statement. Several months later, ABC Co$.$ fails to pay any of its debts.

A$)$ Can Black Walnut or Local Bank repossess the piano sold to Cathy Consumer?