Ajalax LLC

FUTURE RECEIVABLES.

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 Credit 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 the 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.

All accounts and accounts receivables of Debtor now owned or hereafter acquired

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 card, 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 that the sale of Future Receipts is a sale and not an assignment for security.    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 Party's right to collect same

"Collateral" means all of the Seller's right, title and interest in and to any and all of Seller's future receivables, accounts receivables, accounts and contracts rights arising from or relating to the payment of the gross amount of monies from the use by Seller's customers of cash, check, wire, ACH, credit cards, debit cards, bank cards, or any form of electronic payments, wherever located, hereafter arising or acquired, whether or not subject to the Uniform Commercial Code (" UCC"), as same may be in effect in any applicable jurisdiction wherein such may be located, the foregoing property of Seller regardless of how such is titled if used in connection of the business of the Seller.

To secure performance of Merchant's obligations hereunder and the Company's interest in the Purchased Receivables, and subject to all contractual and common law rights of, and the security interests granted in favor of, the credit card processor(s) and their member banks in or related to the Processor Agreement, Merchant grants to the Company a continuing security interest in the following:    Seller grants to Purchaser a continuing security interest in the following: (i) all Future Receivables, as herein defined; (ii) funds held in the Designated Account(s) or any other commercial deposit or savings account; and (iii) all products and proceeds thereof.

No collateral description in the Colorado open-data record.