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Bayfront Logistics, Inc. (Debtor) borrows PHP 4,200,000 from Coastal Bank (Creditor) to finance an expansion of its fleet and warehousing capacity. To secure the loan, Debtor executes a Security Agreement describing collateral as: “all trucks, trailers, forklifts, and all present and after-acquired equipment used in Debtor’s warehousing and distribution operations, together with all accessions and proceeds.” The instrument is delivered to Creditor and authenticated by Debtor’s Corporate Treasurer. Under Debtor’s by‑laws, any security interest in present or after‑acquired assets exceeding PHP 4,000,000 must be authorized by the Board of Directors and signed by the President or an approved signatory; there is no Board resolution authorizing the Treasurer to sign on behalf of Debtor for loans of this size. Debtor continues to operate; Creditor disburses the funds; there are no other security interests. Which statement is most accurate regarding attachment of the security interest under RA 11057 and possible cure if attachment did not occur?