J & J RENTAL CENTERS, LLC

General Description
THE DEALER GRANTS TO STIHL A PURCHASE MONEY SECURITY INTEREST UNDER THE UNIFORM COMMERCIAL CODE IN ALL PRODUCTS SOLD BY STIHL TO THE DEALER, INCLUDING, WITHOUT LIMITATION, CHAIN SAWS, BARS AND CHAIN, TRIMMERS AND BRUSHCUTTERS, AUGERS, HEDGE TRIMMERS, HAND TOOLS, POWER BROOMS, BLOWERS AND SPRAYERS, EDGERS, CUT-OFF MACHINES, POLE PRUNERS, MULTI-TASK TOOLS, OIL AND LUBRICANTS, SPARE PARTS, PROTECTIVE EQUIPMENT, ACCESSORIES, AND RELATED ITEMS, AND ALL PROCEEDS OF (INCLUDING INSURANCE PROCEEDS) AND ACCOUNTS RELATING TO SUCH PRODUCTS, WHETHER NOW OWNED OR HEREAFTER ACQUIRED (THE "COLLATERAL"), TO SECURE THE PAYMENT OF ALL AMOUNTS DUE FROM THE DEALER TO STIHL AND THE PERFORMANCE OF ALL THE DEALER'S OTHER OBLIGATIONS TO STIHL.

General Description
ALL INVENTORY, NEW OR USED, OF DEBTOR, NOW OWNED OR HEREAFTER ACQUIRED; ALL ACCOUNTS AND CONTRACT RIGHTS NOW EXISTING OR HEREAFTER CREATED; ALL CHATTEL PAPER, DOCUMENTS AND INSTRUMENTS RELATING TO ANY SUCH ACCOUNTS.  ALL GENERAL INTANGIBLES OF EVERY KIND AND DESCRIPTION.  ALL EQUIPMENT OF EVERY KIND, NEW OR USED OF DEBTOR, NOW OWNED OR HEREAFTER ACQUIRED, INCLUDING BUT NOT LIMITED TO ALL FIXTURES, ALL FURNITURE, ALL PARTS, ALL SHOP TOOLS, ALL OFFICE EQUIPMENT AND SUPPLIES OF EVERY KIND, ALL COMPUTERS, ALL ACCESSORIES AND ACCESSIONS NOW OR HEREAFTER AFFIXED TO SUCH EQUIPMENT. TERM LIFE INSURANCE POLICY ON THE LIFE OF JONATHAN BARTON, ISSUED BY STATE FARM INSURANCE COMPANIES; 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 ACCOUNTS PROCEEDS).

General Description
2009 DITCH WITCH R150 ZAHN TRENCHER S/N R150EV80000220  TOGETHER WITH ALL SUBSTITUTIONS, ATTACHMENTS, REPLACEMENTS, ACCESSIONS, INSURANCE PROCEEDS, AND THE PROCEEDS OF THE FOREGOING.

No collateral description in the Colorado open-data record.

General Description
(COLLECTIVELY, "CREDITS"); AND ALL CASH, RENTS AND NON-CASH PROCEEDS OF THE ABOVE DESCRIBED INVENTORY, CONTRACTS OR CREDITS, INCLUDING BUT NOT LIMITED TO INSURANCE PAYABLE BY REASON OF LOSS OR DAMAGE TO ANY OF THE INVENTORY (ALL SUCH PROPERTY AND INVENTORY IS INDIVIDUALLY AND COLLECTIVELY CALLED THE "COLLATERAL"). EQUIP: SKID-STEER LOADER W/68 INCH BC BUCKET, MODEL S185, S/N 530360389, GE BANK AS ENTITY
General Description
ALL OF THE FOLLOWING:  ALL INVENTORY WHICH IS FINANCED BY SECURED PARTY CONSISTING OF ALL PROPERTY AND ALL RELATED TRADE-INS, NOW OR HEREAFTER OWNED OR IN THE POSSESSION, CUSTODY OR CONTROL OF DEBTOR, WHEREVER LOCATED; AND ALL ATTACHMENTS, ACCESSORIES, ADDITIONS, ACCESSIONS AND SUBSTITUTIONS, INCLUDING ALL RETURNS AND REPOSSESSIONS WHICH SHALL COLLECTIVELY BE REFERRED TO AS, THE "INVENTORY"); ALL LEASES, ACCOUNTS, CONTRACTS RIGHTS, CHATTEL PAPER AND RENTAL INSTRUMENTS WITH RESPECT TO THE INVENTORY, NOW OWNED OR HEREAFTER EXISTING IN FAVOR OF, OR ACQUIRED BY, DEBTOR (COLLECTIVELY, THE "CONTRACTS"); ALL RESERVES OR CREDITS, HOWEVER CREATED, AND ANY OTHER PROPERTY OF, OR BELONGING TO, DEBTOR NOW OR HEREAFTER IN THE POSSESSION OR CONTROL OF DEBTOR AND ALL OF DEBTOR'S RIGHTS TO ANY REBATES, DISCOUNTS, PREPAYMENTS, CREDITS, FACTORY HOLDBACKS AND INCENTIVE PAYMENTS WHICH MAY BECOME DUE TO DEBTOR BY ANY SUPPLIER, DISTRIBUTOR OR MANUFACTURER OF INVENTORY WITH RESPECT TO ANY OF THE INVENTORY

General Description
(COLLECTIVELY, "CREDITS"); AND ALL CASH, RENTS AND NON-CASH PROCEEDS OF THE ABOVE DESCRIBED INVENTORY, CONTRACTS OR CREDITS, INCLUDING BUT NOT LIMITED TO INSURANCE PAYABLE BY REASON OF LOSS OR DAMAGE TO ANY OF THE INVENTORY (ALL SUCH PROPERTY AND INVENTORY IS INDIVIDUALLY AND COLLECTIVELY CALLED THE "COLLATERAL").  EQUIPMENT: 1 2008 MINI EXCAVATOR MODEL #331G S/N AACS11069
General Description
ALL OF THE FOLLOWING:  ALL INVENTORY WHICH IS FINANCED BY SECURED PARTY CONSISTING OF ALL PROPERTY AND ALL RELATED TRADE-INS, NOW OR HEREAFTER OWNED OR IN THE POSSESSION, CUSTODY OR CONTROL OF DEBTOR, WHEREVER LOCATED; AND ALL ATTACHMENTS, ACCESSORIES, ADDITIONS, ACCESSIONS AND SUBSTITUTIONS, INCLUDING ALL RETURNS AND REPOSSESSIONS WHICH SHALL COLLECTIVELY BE REFERRED TO AS, THE "INVENTORY"); ALL LEASES, ACCOUNTS, CONTRACTS RIGHTS, CHATTEL PAPER AND RENTAL INSTRUMENTS WITH RESPECT TO THE INVENTORY, NOW OWNED OR HEREAFTER EXISTING IN FAVOR OF, OR ACQUIRED BY, DEBTOR (COLLECTIVELY, THE "CONTRACTS"); ALL RESERVES OR CREDITS, HOWEVER CREATED, AND ANY OTHER PROPERTY OF, OR BELONGING TO, DEBTOR NOW OR HEREAFTER IN THE POSSESSION OR CONTROL OF DEBTOR AND ALL OF DEBTOR'S RIGHTS TO ANY REBATES, DISCOUNTS, PREPAYMENTS, CREDITS, FACTORY HOLDBACKS AND INCENTIVE PAYMENTS WHICH MAY BECOME DUE TO DEBTOR BY ANY SUPPLIER, DISTRIBUTOR OR MANUFACTURER OF INVENTORY WITH RESPECT TO ANY OF THE INVENTORY

General Description
ALL EQUIPMENT THAT IS THE SUBJECT OF, AND MORE FULLY DESCRIBED IN, ANY LEASE SCHEDULE, WHETHER EXISTING NOW OR IN THE FUTURE, TO THAT CERTAIN MASTER LEASE AGREEMENT NO.1249, ENTERED INTO BETWEEN THE SECURED PARTY AND THE DEBTOR, AND ALL EQUIPMENT PARTS, ACCESSORIES, SUBSTITUTIONS, ADDITIONS, ACCESSIONS AND REPLACEMENTS THERETO AND THEREOF, NOW OR HEREAFTER INSTALLED IN, AFFIXED TO, OR USED IN CONJUNCTION THEREWITH AND THE PROCEEDS THEREOF , TOGETHER WITH ALL INSTALLMENT PAYMENTS, INSURANCE PROCEEDS, OTHER PROCEEDS AND PAYMENTS DUE AND TO BECOME DUE ARISING FROM OR RELATING TO SAID EQUIPMENT.  IN THE EVENT ANY LEASE SCHEDULE PROVIDES FOR A FAIR MARKET VALUE PURCHASE OPTION AT THE END OF THE LEASE TERM, THEN THE FILING OF THIS FINANCING STATEMENT WITH RESPECT TO SUCH LEASE SCHEDULE SHALL BE FOR NOTICE PURPOSES ONLY AND THE FILING THEREOF SHALL NOT BE DEEMED EVIDENCE OF ANY INTENTION TO CREATE A SECURITY INTEREST UNDER THE UNIFORM COMMERCIAL CODE.

General Description
ALL INVENTORY, CHATTEL PAPER, ACCOUNTS, EQUIPMENT AND GENERAL INTANGIBLES INCLUDING BUT NOT LIMITED TO; ALL EQUIPMENT INLCUIDNG BUT NOT LIMITED TO; A PURCHASE MONEY LIEN ON;1 2002 TEREX TELESCOPIC FORKLIFT MODEL # TH1056C SERIAL # 024656; 1 GENIE  SCISSORLIFT MODEL # GS-2646 SERIAL # 23965; 1 1998 BOBCAT 873 LOADER SERIAL # 514122551; 1 2009 HONDA FR600 TILLER SERIAL # FZAZ-2001550; 1 2009 HONDA F220 TILLER SERIAL # FAAJ-1011850; 1 2009 HONDA EG5000 GENERATOR SERIAL #___________; 1 2009 HONDA  EG3500 GENERATOR  SERIAL # EA6-4176753; 1 2002 MULTI-QUIP  MT74F COMPACTOR SERIAL # H2879; 1 2007 MULTIQUIP DUO SCREED SERIAL # 291; 1 2007 MULTIQUIP  MVC88VGHW SERIAL # R-7734; 1 2006 M-B-W F46/4 POWER TROWEL SERIAL # 1116197; 1 2001 SKYJACK SJ8841 SCISSOR LIFT SERIAL # 42248; 1 1998 GENIE GS1930 SCISSOR LIFT SERIAL # 2840; 2 2010 BOSCH BRUTE JACKHAMMER;  1 2010 GRACO RTX 1250 TEXTURE MACH; ALL PRODUCTS AND PROCEEDS THEREOF; WHETHER ANY OF THE FOREGOING IS OWNED NOW OR HEREAFTER AQUIRED; ALL ACCESSIONS, ADDITIONS, REPLACEMENTS AND SUBSITUTIONS 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).  ALL COLLATERAL AT CURRENT ADDRESS, ADDRESSES,K AND ALL FUTURE LOCATIONS.

General Description
THE FOLLOWING EQUIPMENT OR INVENTORY:  1  DINGO TX 525 NARROW TRACK (25HP)  SN:311000177 1  STANDARD BUCKET  SN:311000186 1  TILLER  SN:280000215 1  UNIVERSAL SWIVEL AUGER 806  SN:280000522 1  9 IN AUGER FULL FLIGHT BIT NA 1  12 IN AUGER FULL FLIGHT BIT NA 1  HIGH SPEED TRENCHER HEAD WITH 2 FT BOOM AND CHAIN  SN:280000106 1  STUMP GRINDER  SN:310000147  TOGETHER WITH ALL PRESENT AND FUTURE ATTACHMENTS, ACCESSORIES, REPLACEMENT PARTS, ADDITIONS AND ALL CASH AND NON-CASH PROCEEDS THEREOF.

General Description
FURNITURE & FIXTURES, EQUIPMENT:  ALL EQUIPMENT, TOOLS, FURNITURE, FIXTURES, AND INVENTORY ASSOCIATED WITH AND LOCATED AT THE BUSINESS KNOWN AS J & J RENTAL CENTERS, LLC, INCLUDING BUT NOT LIMITED TO ALL FIXTURES, AND EQUIPMENT LOCATED AT 2514 AND 2516 1ST STREET, ALAMOSA, CO 81101.
General Description
PURCHASE MONEY SECURITY INTEREST:  ALL SOLAR EQUIPMENT AND INVENTORY ASSOCIATED WITH AND LOCATED AT THE BUSINESS KNOWN AS J & J RENTAL CENTERS, LLC, INCLUDING BUT NOT LIMITED TO ALL SOLAR FIXTURES, AND EQUIPMENT LOCATED AT 2514 AND 2516 1ST STREET, ALAMOSA, CO 81101.  INVENTORY:  (A) ALL INVENTORY OF DEBTOR, NOW OWNED OR HEREAFTER ACQUIRED; (B) ALL ACCOUNTS AND CONTRACT RIGHTS OF DEBTOR, NOW EXISTING OR HEREAFTER CREATED; (C) ALL INTEREST OF DEBTOR NOW EXISTING OR HEREAFTER ARISING, IN GOODS, THE SALE OR LEASE OF WHICH GAVE RISE TO ANY ACCOUNTS; (D) ALL CHATTEL PAPER, DOCUMENTS AND INSTRUMENTS RELATING TO ANY SUCH ACCOUNTS; (E) ALL GUARANTIES AND OTHER COLLATERAL HELD BY DEBTOR AS SECURITY FOR OR WITH RESPECT TO ANY OF THE FOREGOING; AND (F) ANY OTHER PROPERTY, RIGHTS OR INTERESTS OF DEBTOR WHICH SHALL AT ANY TIME COME INTO THE POSSESSION, CUSTODY OR CONTROL OF SECURED PARTY FOR ANY PURPOSE AND IN ANY MANNER.  ACCOUNTS RECEIVABLE:  (A) ALL ACCOUNTS RECEIVABLE OF DEBTOR, NOW EXISTING OR HEREAFTER CREATED; (B) ALL INTEREST OF DEBTOR NOW EXISTING OR HEREAFTER ARISING IN GOODS, THE SALE OR LEASE OF WHICH GAVE RISE TO ANY ACCOUNTS; (C) ALL CHATTEL PAPER, DOCUMENTS AND INSTRUMENTS RELATING TO ANY SUCH ACCOUNTS; (D) ALL GUARANTIES AND OTHER COLLATERAL HELD BY DEBTOR AS SECURITY FOR OR WITH RESPECT TO ANY OF THE FOREGOING; AND (E) ANY OTHER PROPERTY, RIGHTS, OR INTERESTS OF DEBTOR WHICH SHALL AT ANY TIME COME INTO THE POSSESSION, CUSTODY OR CONTROL OF SECURED PARTY FOR ANY PURPOSE AND IN ANY MANNER.

This Financing Statement covers the equipment and other assets described below and/or on any annex, schedule and/or exhibit hereto (which is to be considered an integral part hereof), plus all existing and future replacements, exchanges and substitutions therefor, attachments, accessories, accessions and additions thereto, and insurance, lease, sublease and other proceeds thereof.                Equipment:         1 Utility Vehicle               Model # 3400 Diesel              S/N AJNU12052        1 Angle Broom                Model # 68in                          S/N 231319238

(1) HOTSY 1290SSG S#162584 (1) HOTSY 795SS S#163007 (2) HOTSY 795SS S#168157; 168163 (2) HOTSY 555SS S#171328; 171342 (1) HOTSY DA-232337 S#100369 (1) HOTSY DA-252739 S#100615 (2) HOTSY 873 S#202; 213 (1) HOTSY HC-232336 S#100045

(1) HOTSY TRAILER TRB3500 S#100568

ALL INVENTORY, new or used, of Debtor, now owned or hereafter acquired; ALL ACCOUNTS and CONTRACT RIGHTS now existing or hereafter created; ALL CHATTEL PAPER, documents and instruments relating to any such accounts.  ALL GENERAL INTANGIBLES of every kind and description.

THE FOLLOWING EQUIPMENT OR INVENTORY:        1 TORO TX 525 DINGO     1 TX 1000 STANDARD BUCKET    1 HIGH TORQUE TRENCHER ATTACHMENT    1 36 IN BOOM    1 36 IN X 4 IN COMBO CHAIN            TOGETHER WITH ALL PRESENT AND FUTURE ATTACHMENTS, ACCESSORIES, REPLACEMENT PARTS, ADDITIONS AND ALL CASH AND NON-CASH PROCEEDS THEREOF.

The property covered under Agreement#470-0003142-000 between Debtor and Secured Party, including the Equipment described below (or on Schedule A attached hereto), together with all accessions, attachments, replacements, substitutions, modifications and additions thereto (including all Debtor's rights in all licenses of all software related to any of the foregoing), now or hereafter acquired, and all Proceeds (as defined in the applicable Uniform Commercial Code) thereof (including insurance proceeds). Equipment description: 1 New 2016 JLG Boom Model 450AJ s/n
0300221149 and all of Debtor's rental agreements, customer agreements, lease agreements and other equipment use agreements with Debtor's customers in connection with the equipment described herein and all amounts due thereunder (collectively 'Equipment') and all of Borrower's rights, title and interest (but none of its obligations) in and to all accounts, contract rights, chattel paper, agreements including without limitation rental agreements and leases, documents, general intangibles, payment intangibles and instruments arising from the sale, lease or rental of the Equipment, together with all Proceeds (as defined in the applicable Uniform Commercial Code) of the foregoing, including without limitation insurance proceeds (collectively, the "Additional Collateral")

See Attachment #1 All Inventory, All Equipment, All Accounts #2

John Deere 35G Compact Excavator S/N: 280506 John Deere 318G Skid Steer Loader S/N: 306163 together with (1) all attachments, accessories and components, repairs and improvements, (2) all accounts, general intangibles, contract rights and chattel paper relating thereto, and (3) all proceeds, thereto including, without limitation, insurance, sale, lease and rental proceeds, and proceeds of proceeds.

All of Debtor's present and future goods, including equipment and inventory, financed or leased by Secured Party, together with (1) all attachments, accessories, components, repairs and improvements, (2) all accounts, general intangibles, contract rights and chattel paper relating thereto, and (3) all proceeds, including, without limitation, insurance, sale, lease and rental proceeds, and proceeds of proceeds.

JOHN DEERE 85G Excavator S/N: 020298 together with (1) all attachments, accessories and components, repairs and improvements, (2) all accounts, general intangibles, contract rights and chattel paper relating thereto, and (3) all proceeds, thereto including, without limitation, insurance, sale, lease and rental proceeds, and proceeds of proceeds.

All general purpose engines, portable outboard engines, marine engines, generators, snow blowers, tillers, water pumps, lawn mowers including autonomous mowers, trimmers, powerheads, handheld lawn and garden equipment and parts, accessories and attachments with respect to the foregoing, that, in all cases, either bear an embedded or otherwise affixed Honda trademark or are shipped to Debtor in packaging bearing a Honda trademark, and are acquired from Secured Party.

JOHN DEERE 310L 310L BACKHOE LOADER S/N: 381516 together with (1) all attachments, accessories and components, repairs and improvements, (2) all accounts, general intangibles, contract rights and chattel paper relating thereto, and (3) all proceeds, thereto including, without limitation, insurance, sale, lease and rental proceeds, and proceeds of proceeds.

Present and future accounts, receivables, chattel paper, deposit accounts, personal property, assets and fixtures, general intangibles, instruments, equipment and inventory (as those terms are defined in Article 9 of the Uniform Commercial Code ("UCC")), wherever located, and with respect to these items, all proceeds now or hereafter owned or acquired by you (collectively, the "Collateral"). THE SECURED PARTY NAMED IN THIS RECORD IS ACTING IN A REPRESENTATIVE CAPACITY FOR PURPOSES OF FORWARDING NOTICES AND INQUIRIES REGARDING THIS RECORD.   FOR MORE INFORMATION, PLEASE CONTACT THE SECURED PARTY AT THE ADDRESS LISTED ABOVE OR AT UCCSPREP@CSCINFO.COM

All assets now 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 credit rights; j.general intangibles; k. supporting obligations; proceeds of 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 TORTUOUS INTERFERENCE WITH THE SECURED PARTY'S RIGHT BY SUCH ENCUMBRANCE 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'S ASSERTS A CLAIM TO ANY PROCEEDS THEREOF RECEIVED BY SUCH ENTITY.

All business assets

SEE ADDENDUM ATTACHED HERETO AND MADE A PART HEREOF FOR THE COLLATERAL DESCRIPTION

JOHN DEERE 550K 550K CRAWLER DOZER S/N: 365869;together with (1) all attachments, accessories and components, repairs and improvements, (2) all accounts, general intangibles, contract rights and chattel paper relating thereto, and (3) all proceeds, thereto including, without limitation, insurance, sale, lease and rental proceeds, and proceeds of proceeds.

JOHN DEERE 310S 310SL BACKHOE LOADER S/N: 442915;together with (1) all attachments, accessories and components, repairs and improvements, (2) all accounts, general intangibles, contract rights and chattel paper relating thereto, and (3) all proceeds, thereto including, without limitation, insurance, sale, lease and rental proceeds, and proceeds of proceeds.

All equipment and other personal property, now or hereafter the subject of that certain Agreement, relating to Financial Pacific Leasing,Inc., Contract # 001-1908872-301, dated 06/08/2023 , between the Secured Party and Debtor, together with all attachments, additions, accessories, substitutions and replacements thereto, any and all insurance and other proceeds of the foregoing.

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.

All assets, property, rights, and interest in property of Debtor, of any kind or description, tangible, whether now owned or existing or hereafter acquired or a rising and wherever located including, but not limited to the following: All deposit accounts, accounts and accounts receivable of Debtor, whether now in existence or hereafter coming into existence all letter of credit rights: All chattel paper ( whether tangible or electronic) contract rights, instruments (including promissory notes), documents, general intangibles (including, without limitation, payments intangibles trademarks, service marks, trade names, patents, copyrights and licenses), inventory (including raw materials inventory, finished goods inventory, parts,
supplies) and goods in process of debtor, whether now in existence or owned or hereafter coming into existence or acquired, whether located, and all returned goods and repossessions and replacements thereof: all vehicles, furniture, machinery and equipment now owned and hereafter acquired by Debt or (including all embedded software): all investment property: all supporting obligations, software and commercial tort claims: 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 accounts proceeds): All insurance policies insuring the foregoing property or any part thereof including unearned premiums and all refunds. 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 CONSTRITUTE 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.