A creditor has a large number of hedging instruments. Unless modified to remove certain types of real estate, a GSA justifies a cover interest: many creditors, especially large institutions, are unlikely to change their standard security agreements at a customer`s request. However, they may be willing to reduce the amount of property affected by security or limit the portion of debt for which collateral is required. The PPSA applies to any transaction that essentially constitutes a guarantee interest, regardless of the name given by the creditor to the agreement, with specific exceptions, such as mortgage bonds and pawnshop transactions. A borrower should be aware that some documents they are supposed to sign may not be clearly titled collateral agreement.