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Body Fitness Manufacturer (BFM) signed an agreement titled "equipment lease" with Equipment Financing, Inc. Under the agreement, BFM was obligated to make payments of $10,000 per month for four years as rental payment for an assembly line and had an option to buy the assembly line at the end of the four year period for $1. The agreement also provided that, on default, Equipment Financing, Inc. had the right to terminate the lease and take back the assembly line. BFM defaulted on the monthly payments. In this transaction, which party may be a debtor under UCC 9?

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