If the description of a mortgaged property is given in such a way as to reasonably identify the thing it is intended to describe, such description shall be considered sufficient. In the case of vehicles with serial numbers, except as otherwise provided in this Act, the description of the mortgaged property can be expressed in a simple way. Explanation: For the purpose of this section, "in a simple way" means all the assets or all movable property of the mortgagor other than consumer goods consumed by the mortgagor. The details given should be remembered.