(a) [Security interest in fixtures under this article.]
A security interest under this article may be created in goods that are fixtures or may continue in goods that become fixtures. A security interest does not exist under this article in ordinary building materials incorporated into an improvement on land.
(b) [Security interest in fixtures under real-property law.]
This article does not prevent creation of an encumbrance upon fixtures under real property law.
(c) [General rule: subordination of security interest in fixtures.]
In cases not governed by subsections (d) through (h), a security interest in fixtures is subordinate to a conflicting interest of an encumbrancer or owner of the related real property other than the debtor .
(d) [Fixtures purchase-money priority.]
Except as otherwise provided in subsection (h), a perfected security interest in fixtures has priority over a conflicting interest of an encumbrancer or owner of the real property if the debtor has an interest of record in or is in possession of the real property and:
(1) the security interest is a purchase-money security interest;
(2) the interest of the encumbrancer or owner arises before the goods become fixtures ; and
(3) the security interest is perfected by a fixture filing before the goods become fixtures or within 20 days thereafter.
(e) [Priority of security interest in fixtures over interests in real property.]
A perfected security interest in fixtures has priority over a conflicting interest of an encumbrancer or owner of the real property if:
(1) the debtor has an interest of record in the real property or is in possession of the real property and the security interest:
(A) is perfected by a fixture filing before the interest of the encumbrancer or owner is of record; and
(B) has priority over any conflicting interest of a predecessor in title of the encumbrancer or owner;
(2) before the goods become fixtures , the security interest is perfected by any method permitted by this article and the fixtures are readily removable:
(A) factory or office machines;
(B) equipment that is not primarily used or leased for use in the operation of the real property; or
(C) replacements of domestic appliances that are consumer goods ;
(3) the conflicting interest is a lien on the real property obtained by legal or equitable proceedings after the security interest was perfected by any method permitted by this article; or
(4) the security interest is:
(A) created in a manufactured home in a manufactured-home transaction ; and
(B) perfected pursuant to a statute described in Section 9-311(a) (2).
(f) [Priority based on consent, disclaimer, or right to remove.]
A security interest in fixtures , whether or not perfected, has priority over a conflicting interest of an encumbrancer or owner of the real property if:
(1) the encumbrancer or owner has, in an authenticated record , consented to the security interest or disclaimed an interest in the goods as fixtures ; or
(2) the debtor has a right to remove the goods as against the encumbrancer or owner.
(g) [Continuation of paragraph (f)(2) priority.]
The priority of the security interest under paragraph (f)(2) continues for a reasonable time if the debtor 's right to remove the goods as against the encumbrancer or owner terminates.
(h) [Priority of construction mortgage.]
A mortgage is a construction mortgage to the extent that it secures an obligation incurred for the construction of an improvement on land, including the acquisition cost of the land, if a recorded record of the mortgage so indicates. Except as otherwise provided in subsections (e) and (f), a security interest in fixtures is subordinate to a construction mortgage if a record of the mortgage is recorded before the goods become fixtures and the goods become fixtures before the completion of the construction. A mortgage has this priority to the same extent as a construction mortgage to the extent that it is given to refinance a construction mortgage.
(i) [Priority of security interest in crops.]
A perfected security interest in crops growing on real property has priority over a conflicting interest of an encumbrancer or owner of the real property if the debtor has an interest of record in or is in possession of the real property.
(j) [Subsection (i) prevails.]
Subsection (i) prevails over any inconsistent provisions of the following statutes:
[List here any statutes containing provisions inconsistent with subsection (i).]