A security agreements may provide for coverage of after-acquired property.

Name: A security agreements may provide for coverage of after-acquired property.
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A security agreement may include language that extends the security interest to property acquired by the debtor after the agreement is signed, often referred to as "after-acquired property." This allows the lender to have collateral for future loans that may be made to the borrower.

A Security Agreements May Provide for Coverage of After-Acquired Property