Peanut Butter Cake with Chocolate Chips

Generously butter a 10-cup bundt cake pan with the soft butter. Sprinkle the finely chopped peanuts in pan; shake to coat entire buttered surface.

In a mixing bowl beat cake mix and pudding mix, oil, water, and eggs until well blended, about 4 minutes at medium speed of electric mixer. Beat in the peanut butter. Pour about 1/3 of the batter into the pan; sprinkle with a layer of half of the chocolate chips and coconut. Repeat. Pour remaining batter into the pan and bake at 350 for about 55 minutes, or until a wooden pick inserted in center comes out clean.

Cool cake in pan for 10 minutes then turn out onto rack and cool thoroughly.

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