Dewie Debtor borrowed $5,000 from Lendy Bank in order to purchase an antique shotgun to impress his rich pheasant hunting buddies. Lendy Bank took a purchase money security interest in the shotgun and filed a financing statement just to be safe, even though Dewie told Lendy Bank that the gun was for his own personal use. Because Dewie was already in Lendy Bank to get a loan for his shotgun, he decided to attend to some business and also got a $10,000 line of credit from Lendy Bank for his business, secured by his Ming Vase. Lendy Bank also filed a proper financing statement covering the Ming Vase.

Three months later, Dewie has paid the last payment on the shotgun loan, and has never used the $10,000 line of credit. Dewie wants to use his antique shotgun and his Ming Vase for collateral on a loan from another bank, and sends an authenticated demand to Lendy Bank, asking them to file a termination statement for both the shotgun and the Ming Vase. Lendy Bank files a termination statement for the shotgun 30 days later, but does not file a termination statement for the Ming Vase.

Based on Lendy Bank's behavior, which of the following is true?

1. Lendy Bank could be liable to Dewie for a $500 statutory penalty because it filed the termination statement 30 days after receiving authenticated demand from Dewie.

2. Because Lendy Bank terminated the financing statement covering the shotgun within 30 days after receiving authenticated demand from Dewie, Lendy Bank could not be liable to Dewie for the $500 statutory penalty.

3. Lendy Bank did not have to file a termination statement for the Ming Vase. 

4. Lendy Bank is liable to Dewie for the $500 statutory penalty for not terminating the financing statement covering the Ming Vase after receiving authenticated demand from Dewie.

5. Both 1 and 3