Tennessee Code Title 47. Commercial Instruments and Transactions § 47-9-334

(a) SECURITY INTEREST IN FIXTURES UNDER THIS CHAPTER. A security interest under this chapter may be created in goods that are fixtures or may continue in goods that become fixtures. A security interest does not exist under this chapter in ordinary building materials incorporated into an improvement on land.

(b) SECURITY INTEREST IN FIXTURES UNDER REAL PROPERTY LAW. This chapter does not prevent creation of an encumbrance upon fixtures under real property law.

(c) GENERAL RULE: SUBORDINATION OF SECURITY INTEREST IN FIXTURES. In cases not governed by subsections (d) through (h), a security interest in fixtures is subordinate to a conflicting interest of an encumbrancer or owner of the related real property other than the debtor.

(d) FIXTURES PURCHASE-MONEY PRIORITY. Except as otherwise provided in subsection (h), a perfected security interest in fixtures has priority over a conflicting interest of an encumbrancer or owner of the real property if the debtor has an interest of record in or is in possession of the real property and:

(e) PRIORITY OF SECURITY INTEREST IN FIXTURES OVER INTERESTS IN REAL PROPERTY. A perfected security interest in fixtures has priority over a conflicting interest of an encumbrancer or owner of the real property if:

(f) PRIORITY BASED ON CONSENT, DISCLAIMER, OR RIGHT TO REMOVE. A security interest in fixtures, whether or not perfected, has priority over a conflicting interest of an encumbrancer or owner of the real property if:

(g) CONTINUATION OF PARAGRAPH (F)(2) PRIORITY. The priority of the security interest under paragraph (f)(2) continues for a reasonable time if the debtor's right to remove the goods as against the encumbrancer or owner terminates.

(h) PRIORITY OF CONSTRUCTION MORTGAGE. A mortgage is a construction mortgage to the extent that it secures an obligation incurred for the construction of an improvement on land, including the acquisition cost of the land, if a recorded record of the mortgage so indicates. Except as otherwise provided in subsections (e) and (f), a security interest in fixtures is subordinate to a construction mortgage if a record of the mortgage is recorded before the goods become fixtures and the goods become fixtures before the completion of the construction. A mortgage has this priority to the same extent as a construction mortgage to the extent that it is given to refinance a construction mortgage.

(i) PRIORITY OF SECURITY INTEREST IN CROPS. Except for the liens granted to landlords and laborers by title 66, a perfected security interest in crops growing on real property has priority over a conflicting interest of an encumbrancer or owner of the real property if the debtor has an interest of record in or is in possession of the real property.