Article 1639. Coverage of the Security

(1) The security covers, within its maximum amount, if any, not only the principal secured obligation, but also the debtor’s ancillary obligations towards the creditor, such as interest, late interest, penalties, and reasonable out-of-court enforcement costs of the obligations mentioned in this paragraph.
(2) Court and enforcement costs against the debtor are covered, provided the surety was informed of the creditor’s intention to undertake such proceedings in sufficient time to enable the surety to avert these costs.
(3) A global security covers only obligations which originated in contracts between the debtor and the creditor.