(3)__Except as otherwise provided in subsection (6), a security interest in collateral that qualifies for priority over a conflicting security interest under section 9-1327, 9-1328, 9- 1329, 9-1330, or 9-1331 also has priority over a conflicting security interest in:

(a)__Any supporting obligation for the collateral; and

(b)__Proceeds of the collateral if:

(i)__The security interest in proceeds is perfected;

(ii)__The proceeds are cash proceeds or of the same type as the collateral; and

(iii)__In the case of proceeds that are proceeds of proceeds, all intervening proceeds are cash proceeds, proceeds of the same type as the collateral or an account relating to the collateral.

(4)__Subject to subsection (5) and except as otherwise provided in subsection (6), if a security interest in chattel paper, deposit accounts, negotiable documents, instruments, investment property or letter-of-credit rights is perfected by a method other than filing, conflicting perfected security interests in proceeds of the collateral rank according to priority in time of filing.

(5)__Subsection (4) applies only if the proceeds of the collateral are not cash proceeds, chattel paper, negotiable documents, instruments, investment property or letter-of-credit rights.

(6)__Subsections (1) to (5) are subject to:

(a)__Subsection (7) and the other provisions of this Part;

(b) Section 4-210 with respect to a security interest of a collecting bank;

(c) Section 5-1118 with respect to a security interest of an issuer or nominated person; and

(d) Section 9-1110 with respect to a security interest arising under Article 2 or 2A.