Based upon our review of these statutory provisions and the foregoing case authority, it is our conclusion that the notice provisions of R.C. 1317.16 are not applicable to the loan transaction in the case before us. As noted earlier, in arriving at the contrary conclusion, the trial court relied exclusively upon our decision in Toledo Trust Co. v. Aldrich (1989), 65 Ohio App.3d 189, 583 N.E.2d 371, wherein we also addressed the disposition of loan collateral by a lending institution. In that case, the notices sent to the debtor were defective for stating the wrong date of sale, which we found to be violative of the notice requirements of both R.C. 1309.47 and 1317.16.