| | | a permanent chassis and designed to be used as a dwelling with or | | without a permanent foundation when connected to the required | | utilities.__"Manufactured home" includes the plumbing, heating, | | air-conditioning and electrical systems contained in the | | structure.__"Manufactured home" includes any structure that meets | | all of the requirements of this subsection except the size | | requirements and with respect to which the manufacturer | | voluntarily files a certification required by the United States | | Secretary of Housing and Urban Development and complies with the | | standards established under 42 United States Code. |
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| | | (54)__"Manufactured-home transaction" means a secured | | transaction: |
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| | | (a)__That creates a purchase-money security interest in a | | manufactured home, other than a manufactured home held as | | inventory; or |
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| | | (b)__In which a manufactured home, other than a manufactured | | home held as inventory, is the primary collateral. |
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| | | (55)__"Mortgage" means a consensual interest in real property, | | including fixtures, that secures payment or performance of an | | obligation. |
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| | | (56)__"New debtor" means a person that becomes bound as debtor | | under section 9-1203, subsection (4) by a security agreement | | previously entered into by another person. |
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| | | (b)__Money's worth in property, services or new credit; or |
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| | | (c)__Release by a transferee of an interest in property | | previously transferred to the transferee. |
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| | | "New value" does not include an obligation substituted for | | another obligation. |
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| | | (58)__"Noncash proceeds" means proceeds other than cash | | proceeds. |
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| | | (59)__"Obligor" means a person that, with respect to an | | obligation secured by a security interest in or an agricultural | | lien on the collateral: |
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| | | (a)__Owes payment or other performance of the obligation; |
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