Section 49: Right to redeem Collateral

(1) At any time before a Creditor sells the Collateral, the Borrower, Grantor, or other Creditor may redeem the Collateral by:
(a) fulfillment of all the obligations secured by the Collateral; and
(b) payment of any other reasonable expenses incurred by the Creditor.
(2) A Grantor's right to redeem the Collateral shall have priority over any other person's right of redemption.