§490:9-607 Collection and enforcement by secured party. (a) If so agreed, and in any event after default, a secured party:
(b) If necessary to enable a secured party to exercise under subsection (a)(3) the right of a debtor to enforce a mortgage nonjudicially, the secured party may record in the office in which a record of the mortgage is recorded:
(c) A secured party shall proceed in a commercially reasonable manner if the secured party:
(d) A secured party may deduct from the collections made pursuant to subsection (c) reasonable expenses of collection and enforcement, including reasonable attorney's fees and legal expenses incurred by the secured party.
(e) This section does not determine whether an account debtor, bank, or other person obligated on collateral owes a duty to a secured party. [L 2000, c 241, pt of §1; am L 2012, c 33, §18]