The first loan is their home and 3 buildings. A barn, a shed and a mobile home.
The second loan is not secured by the home and buildings. Only the equipment. And the equipment is not collateral on the home loan.
Third, the collateral is a tractor, seeder, spreader, disc, planter, gravity wagon, grain buggies, sprayers, bushhog, feeders, cultivator, water tanks, haymower, etc.