(1) A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.
(2) To redeem collateral, a person shall tender:
(a) fulfillment of all obligations secured by the collateral; and
(b) the reasonable expenses and attorneys fees described in 30-9A-615 (1)(a).
(3) A redemption may occur at any time before a secured party:
(a) has collected collateral under 30-9A-607;
(b) has disposed of collateral or entered into a contract for its disposition under 30-9A-610; or
(c) has accepted collateral in full or partial satisfaction of the obligation it secures under 30-9A-622.