The question says Explain in terms of purpose and effect how recording a Financing Statement is similar to recording a real estate mortgage.Explain why there is a "grace period" for perfectin security interests in After Acquired Equipment and After Acquired Fixtures, but no grace period as to After Acquired Inventory.

plain in terms of purpose and effect how recording a Financing Statement is similar to recording a real estate mortgage. Explain why there is a "grace period" for perfecting security interests Equipment and After Acquired Fixtures, but no grace period as Inventory in After Acquired to After Acquired