Secured party’s right to take possession after default.

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, if it 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 it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties. 2000 Acts, ch 1149, §107, 187 Referred to in §554.9102 , 554.9602 , 554.9603