Floor Crafters LLC

All Inventory, Documents, Chattel Paper, Accounts, Instruments 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 ASSETS

ACCOUNTS RECEIVABLE, CASH, CASH PROCEEDS, ACCOUNTS, CHATTEL PAPER, EQUIPMENT, GENERAL INTANGIBLES, INVENTORY, INSTRUMENTS RELATED TO THE RECEIPTS, INSTRUMENTS RELATED TO THE FUTURE RECEIVABLES.

Secured Party has purchased an interest in and was assigned accounts and proceeds from Debtor described as "Future Receipts" in the agreement between Debtor and Secured Party and, as a result, Secured Party as a security interest in such Future Receipts. "Future Receipts" means all accounts receivable and payment rights, including payments made to Debtor in cash or by 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 Debtors business. Debtor and Secured Party intend that the sale of Future Receipts is a sale and not an assignment for security.  Secured Party has been granted a security interest in all accounts and proceeds.

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 Debtors 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.