Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A security agreement is effective according to its terms.
(2) A security agreement may provide for security interests in after - acquired property.
(3) A security interest in after - acquired property attaches without specific appropriation by the grantor.
(4) A security agreement may provide for future advances.
(5) A security interest is taken to secure reasonable expenses in relation to the enforcement of the security interest, unless the parties agree otherwise.