J Serrano Construction LLC

All of Debtor's right, title and interest in and to its Accounts (as defined by the Uniform Commercial Code of the State of Colorado) and Deposit Accounts (as defined by the Uniform Commercial Code of the State of Colorado); together with (i) all substitutions and replacements for and products of any of the foregoing; (ii) proceeds of any and all of the foregoing; and (iii) all of the foregoing, whether now owned or existing or hereafter acquired or arising or in which Borrower now has or hereafter acquires any rights.

Secured Party has purchased certain Future Receipts from Debtor. Future Receipts include all payments made by cash, check, Automated Clearing House or other electronic transfer, credit card, debit card, bank card, charge card or other form of monetary payment in the ordinary course of Sellers business.   Notice:  Pursuant to the agreement between Debtor and Secured Party, Debtor is prohibited from obtaining any financing that impairs the value of the Future Receipts or Secured Partys right to collect the same.  In the event that any entity is granted a security interest in the Future Receipts contrary to the above, the Secured Party affirms a claim to any proceeds thereof received by such entity.