that same date, the division of vehicles issued a certificate of title for the Mustang listing Mike's as the owner.
On April 1, 2006, Mike's sold the Mustang to Aaron Monihen, and Monihen granted KSU Federal Credit Union a security interest in the Mustang pursuant to a security agreement. The record does not reflect the sale price of the Mustang, but the parties later stipulated that the value of the Mustang was $11,000 to $12,000. At the time of the sale, Monihen had no knowledge of the existence of Citifinancial's lien on the Mustang.
Citifinancial later learned about the auction and sale to Monihen by conducting a CARFAX title search on the Mustang. On June 21, 2007, Citifinancial filed a petition with the district court naming Mike's, KSU Federal Credittowing service shall request verification from the division of vehicles of the last registered owner and any lienholders. Notice of sale shall be mailed by certified mail to any such registered owner and any such lienholders and published in a newspaper in the city or county where the sale is advertised to take place:
"Before any such vehicle and personal property is sold, the person intending to sell such vehicle shall request verification from the division of vehicles of the last registered owner and any lienholders, if any. Such verification request shall be submitted to the division of vehicles not more than 30 days after such person took possession of the vehicle. Notice of sale, as provided in this act, shall be mailed by certified mail to any such