1. Possession — rendering equipment unusable — disposition on debtor’s premises. After default, a secured party: a. may take possession of the collateral; and b. without removal, may render equipment unusable and dispose of collateral on a debtor’s premises under section 554.9610. 2. Judicial and nonjudicial process. A secured party may proceed under subsection 1: a. pursuant to judicial process; or b. without judicial process, ifit proceeds without breach of the peace. 3. Assembly of collateral. If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make itavailable to the secured party at a place to be designated by the secured party which isreasonably convenient to both parties.
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