On July 4, 2004, Brian’s business, Homers R’ Us (a sole proprietorship) decided to take out a $50,000 loan from 3rd Missouri Bank to buy softball bats for the upcoming season. As collateral for the loan, the Bank took a security interest in Brian’s world champion softball ring (worth $200,000), and filed a financing statement to perfect its security interest.

It is now October 25, 2007, and 3rd Missouri Bank now wants to extend its security interest for 5 additional years without losing priority.

When should 3rd Missouri Bank file the continuation statement so that its security interest remains perfected?

A. As soon as possible, so that subsequent security interests do not take priority.

B. Between January 1st, 2009 and July 4, 2009.

C. As soon as the initial financing statement expires on July 4, 2009.

D. Between February 4th, 2009 and July 4, 2009.