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Which of the following is not required for a valid financing statement? Name of creditor Name of debtor Description of the a. d. Both a

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Which of the following is not required for a valid financing statement? Name of creditor Name of debtor Description of the a. d. Both a and c All of the above are e. First Federal financed the purchase of O's home and recorded a mortgage on September 12, 2015. O decided to build a swimming pool in the backyard. First Interstate loaned O S10,000 for the pool and recorded a mortgage on October 15, 2015. Who has priority? First Interstate First Federal The Pool C None of the above d. A bill of sale: Is part of a deed Both a and c Passes title to personal a. None of the above Passes title to a fixture. The following series of events/transactions occurred on Bert Easley's ranch March 3, 2010 Bert buys the ranch for S900,000; gives a mortgage to First Interstate Bank (FIB) to secure the loan April 12, 2012- Bert gives First Federal (FF) a new mortgage (lower rate); FF pays off the FIB loan balance August 17, 2014- Bert installs wind power equipment and signs a security

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