(1) A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral. (2) To redeem collateral, a person shall tender: (a) fulfillment of all obligations secured by the collateral; and (b) the reasonable expenses and attorney's fees described in Subsection 70A-9a-615(1)(a). (3) A redemption may occur at any time before a secured party: (a) has collected collateral under Section 70A-9a-607; (b) has disposed of collateral or entered into a contract for its disposition under Section 70A-9a-610; or (c) has accepted collateral in full or partial satisfaction of the obligation it secures under Section 70A-9a-622.
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