Mavi Unlimited Inc

All Inventory, Chattel Paper, Accounts, Equipment, Instruments, Deposit Accounts, Documents and General Intangibles; whether any of the foregoing is owned now or acquired later; all accessions, additions, replacements, and substitutions relating to any of the foregoing; all records of any kind relating to any of the foregoing; all proceeds relating to any of the foregoing (including insurance, general intangibles and other account proceeds).

Interest and general security agreement in all inventory, Chattel Paper, Accounts, Deposit Accounts, Equipment(s), and General Intangibles, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located.

All tangible and intangible personal property, including, but not limited to: (a) inventory, (b) equipment, (c) instruments, including promissory notes (d) chattel paper, including tangible chattel paper and electronic chattel paper, (e) documents, (f) letter of credit rights, (g) accounts, including health-care insurance receivables and credit card receivables, (h) deposit accounts, (i) commercial tort claims, (j) general intangibles, including payment intangibles and software and (k) as-extracted collateral as such terms may from time to time be defined in the Uniform Commercial Code.  The security interest Borrower grants includes all accessions, attachments, accessories, parts, supplies and replacements for the Collateral, all products, proceeds and collections thereof and all records and data relating thereto.          154801 7803

All personal property of every kind and nature, including, without limitation, all accounts, contract rights, rights to the payment of money, insurance claims and proceeds, chattel paper, electric chattel paper, documents, instruments, securities and other investment property, deposit accounts, supporting obligations of every nature, and general intangibles, including without limitation, customer lists, and all books and records related thereto, and all recorded data of any kind and any nature, regardless of the medium of recording; together with, to the extent not listed above as the original collateral, all substitutions and replacements for and products of any of the foregoing property, and together with proceeds of any and all of the foregoing property.

No collateral description in the Colorado open-data record.

"Secured Party has purchased certain ""Future Receipts"" from Debtor. ""Future Receipts"" means all payments made to Debtor by cash, check, ACH or other electronic transfer, credit, debit card, bank card, charge card or other form of monetary payment in the ordinary course of Debtor's business. Debtor and Secured Party intend t hat the sale of Future Receipts is a sale and not an assignment for security.  Notice: Pursuant to the agreement between Debtor and Secured Party is prohibited from obtaining any financing that impairs the value of the Future Receipts or Secured Party's right to collect same."

As security for the due and punctual payment of all amounts due or to become due and the performance of all obligations of Borrower from time to time under this Note and all extensions, renewals and amendments of any of the foregoing, Borrower hereby pledges, transfers, assigns, delivers, mortgages, conveys, and grants a security interest to a continuing lien upon and security interest in and to all of Borrower's now owned or hereafter acquired, created or arising property, including any right, title or interest in or to property of any kind whatsoever, whether real, personal or mixed, whether tangible or intangible, including any property secured by any debt satisfied by the proceeds of this Loan, in each case regardless of where such property may be located and whether such property may be in the possession of Borrower, Lender or a third party. This interest shall include any right, title, or interest in or
to property of any kind whatsoever, whether real, personal, or mixed, and whether tangible or intangible, and: (a) any and all amounts owing to Borrower now or in the future from any merchant processor(s) processing charges made by customers of Borrower via credit card or debit card transactions; and (b) all other tangible and intangible personal property, including, but not limited to: (i) inventory, (ii) equipment, (iii) investment property, including certificated and uncertificated securities, securities accounts, security entitlements, commodity contracts, and commodity accounts, (iv) instruments, including promissory notes, (v) chattel paper, including tangible chattel paper, and electronic chattel paper, (vi) documents, (vii) letter of credit rights, (viii) accounts, including health care insurance receivables, (ix) deposit accounts, (x) general intangibles, including payment intangibles and software, and (xi) as-extracted collateral as such
terms may from time to time be defined in applicable Georgia law or the Uniform Commercial Code. [Collateral]. The security interest Borrower (or Guarantor, if applicable) grants includes all accessions, attachments, accessories, parts, supplies, and replacements for the Collateral, all products, proceeds, and collections thereof, and all records and data relating thereto. Lender disclaims any security interest in household goods. Lender and/or Lender's Representative may file any financing statement, lien entry form, or other document to perfect, amend, or continue Lender's security interest in the Collateral, and Borrower shall cooperate with Lender and its Representative on all necessary action to protect Lender's security interest in the Collateral. "Lender's Representative" means any entity or individual designated by Lender to serve in such capacity. Borrower shall not perform or fail to perform any act which impairs the
collateral, in which all applicable exemptions are waived, Lender may exercise all available rights and remedies under the Security Agreement as to the property/Collateral as provided by this Note, and/or by applicable Georgia law.

All assets including without limitation all Inventory, Chattel Paper, Accounts, Equipment and General Intangibles; whether any of the foregoing is owned now or acquired later; all accessions, additions, replacements, and substitutions relating to any of the foregoing; all records of any kind relating to any of the foregoing; all proceeds relating to any of the foregoing (including insurance, general intangibles and other accounts proceeds)

Future Receipts as defined in the Payment Rights Purchase and Sale Agreement which includes all payments made by cash, check, ACH or other electronic transfer, credit card, debit card, bank card, charge card or other form of monetary payment in the ordinary course of business.

All accounts, including without limitation, all deposit accounts, accounts-receivable, and other receivables, chattel paper, documents, equipment, general intangibles, instruments, and inventory, as those terms are defined by Article 9 of the Uniform Commercial Code (the "UCC"), now or hereafter owned or acquired by Seller; and all Seller's proceeds, as such term is defined by Article 9 of the UCC.

"Future Receipts" sold by Debtor to Secured Party.  "Future Receipts" means any payments received by Debtor from customers and other third-parties in exchange for Debtor's goods or services (in any form including, but not limited to, cash, check, payment card, and electronic transfers).  Debtor & Secured Party intend that the sale of Future Receipts is a sale and not an assignment for security or a financing.  Pursuant to the agreement between Secured Party and Debtor, Debtor is prohibited from transferring any Future Receipts to any other person or entity, granting any security interests in its accounts receivables, or obtaining any financing that impairs the value of the Future Receipts or Secured Party's right to collect the same until Secured Party has received all amounts due to it.

All Assets now owned or hereafter acquired and wherever located, including but not limited to, the following subcategories of assets :a. Accounts, including but not limited to, credit card receivables; b. Chattel Paper; c. Inventory; d. Equipment; e. Instruments, including but not limited to, Promissory Notes; f. Investment Property; g. Documents; h. Deposit Accounts; i. Letter of Credits Rights; j. General Intangibles; k. Supporting Obligations; and I. Proceeds and Products of the foregoing. NOTICE PURSUANT TO AN AGREEMENT BETWEEN DEBTOR AND SECURED PARTY, DEBTOR HAS AGREED NOT TO FURTHER ENCUMBER THE COLLATERAL DESCRIBED HEREIN, THE FURTHER ENCUMBERING OF WHICH MAY CONSTITUTE THE TORTIOUS INTERFERENCE WITH THE SECURED PARTY'S RIGHT BY SUCH ENCUMBRANCER IN THE EVENT THAT ANY ENTITY IS GRANTED A SECURITY INTEREST IN DEBTOR'S ACCOUNTS, CHATTEL PAPER OR GENERAL INTANGIBLES CONTRARY TO THE ABOVE, THE SECURED PARTY ASSERTS A CLAIM TO ANY PROCEEDS THEREOF RECEIVED BY SUCH ENTITY.