This opinion concerns a transaction in which a secured party took both real and personal property as collateral for a single obligation. This is often referred to as taking mixed collateral.

     We consider this case twice, first to look at issues concerned solely with foreclosure on personal property and a second time to consider issues raised by the existence of mixed collateral.  When considering this case for the first purpose, read all but Part II of the Discussion portion of the opinion.  When considering this case for the second purpose, read Part II of the Discussion portion of the opinion.