A creditor has a security interest in collateral, and becomes a secured party, if and when a security interest âattaches.â Under the UCC, a security interest generally does not attach unless three basic requirements are met. In simplest form, the requirements are that: value be given for the security interest.
Click for full photo gallery: World's Most Beautiful Buildings. Barry selected Instanbul, Turkeyâs Hagia Sophia, which was a cathedral for hundreds of years before it became a mosque during the Ottoman Empire.
Neuschwanstein Castle, Bavaria, Germany. The picture of this beautiful fairytale Bavarian castle can be found in many houses around the world. Overlooking great endless plans from a forest covered hill, the castle presents looks like a Disneyland house of the Sleeping Beauty. It is considered the most pictured building of Germany.