3. Conditions to Effective Acceptance. Subsection (a) [Maine cite subsection (1)] contains the conditions necessary to the effectiveness of an acceptance of collateral. Subsection (a)(1) [Maine cite subsection (1), paragraph (a)] requires the debtor's consent. Under subsections (c)(1) and (c)(2) [Maine cite subsection (3), paragraphs (a) and (b)], the debtor may consent by agreeing to the acceptance in writing after default. Subsection (c)(2) [Maine cite subsection (3), paragraph (b)]contains an alternative method by which to satisfy the debtor's-consent condition in subsection (a)(1) [Maine cite subsection (1), paragraph (a)]. It follows the proposal-and- objection model found in former Section 9-505: The debtor consents if the secured party sends a proposal to the debtor and does not receive an objection within 20 days. Under subsection (c)(1) [Maine cite subsection (3), paragraph (a)], however, that silence is not deemed to be consent with respect to acceptances in partial satisfaction. Thus, a secured party who wishes to conduct a "partial strict foreclosure" must obtain the debtor's agreement in a record authenticated after default. In all other respects, the conditions necessary to an effective partial strict foreclosure are the same as those governing acceptance of collateral in full satisfaction. (But see subsection (g) [Maine cite subsection (7)], prohibiting partial strict foreclosure of a security interest in consumer transactions.)

The time when a debtor consents to a strict foreclosure is significant in several circumstances under this section and the following one. See Sections 9-620(a)(1), (d)(2) [Maine cite section 9-1620, subsection (1), paragraph (a), subsection (4), paragraph (b)], 9-621(a)(1), (a)(2), (a)(3) [Maine cite section 9-1621, subsection (1), paragraphs (a), (b) and (c)]. For purposes of determining the time of consent, a debtor's conditional consent constitutes consent.

Subsection (a)(2) [Maine cite subsection (1), paragraph (b)] contains the second condition to the effectiveness of an acceptance under this section-the absence of a timely objection from a person holding a junior interest in the collateral or from a secondary obligor. Any junior party-secured party or lienholder-is entitled to lodge an objection to a proposal, even if that person was not entitled to notification under Section 9- 621 [Maine cite section 9-1621]. Subsection (d) [Maine cite subsection (4)], discussed below, indicates when an objection is timely.