In regards to security Interests, a security agreement is

An oral agreement wherein the debtor puts the personal property up as collateral and keeps possession of the collateral to the secured party

A written or authenticated agreement wherein the debtor puts the personal property up as collateral, describes the collateral reasonably identifying it$,$ and signs the agreement.

A written agreement in which the creditor agrees to comply with Federal Creditor Lending Law refers to a document that provides a lender a security interest in a specified asset or property that is pledged as collateral.

An oral agreement in which the creditor agrees to place the collateral as a liability lien.