BRAZOS BUILDERS, INC.

ACCOUNTS RECEIVABLE/GENERAL INTANGIBLES
ACCOUNTS AND OTHER RIGHTS TO PAYMENT:  ALL RIGHTS TO PAYMENTS, WHETHER OR NOT EARNED BY PERFORMANCE, INCLUDING, BUT NOT LIMITED TO, PAYMENT FOR PROPERTY OR SERVICES SOLD, LEASED, RENTED, LICENSED, OR ASSIGNED.  THIS INCLUDES ANY RIGHTS AND INTERESTS (INCLUDING ALL LIENS) WHICH DEBTOR MAY HAVE BY LAW OR AGREEMENT AGAINST ANY ACCOUNT DEBTOR OR OBLIGOR OF DEBTOR.
INVENTORY
INVENTORY:  ALL INVENTORY HELD FOR ULTIMATE SALE OR LEASE, OR WHICH HAS BEEN OR WILL BE SUPPLIED UNDER CONTRACTS OR SERVICE, OR WHICH ARE RAW MATERIALS, WORK IN PROCESS, OR MATERIALS USED OR CONSUMED IN DEBTOR'S BUSINESS.
EQUIPMENT
EQUIPMENT:  ALL EQUIPMENT INCLUDING, BUT NOT LIMITED TO, MACHINERY, VEHICLES, FURNITURE, FIXTURES, MANUFACTURING EQUIPMENT, FARM MACHINERY AND EQUIPMENT, SHOP EQUIPMENT, OFFICE AND RECORD KEEPING EQUIPMENT, PARTS AND TOOLS.  THE PROPERTY INCLUDES ANY EQUIPMENT DESCRIBED IN A LIST OR SCHEDULE DEBTOR GIVES TO SECURED PARTY, BUT SUCH A LIST IS NOT NECESSARY TO CREATE OR PERFECT A VALID SECURITY INTEREST IN ALL OF DEBTOR'S EQUIPMENT.
CHATTEL PAPER
INSTRUMENTS AND CHATTEL PAPER: ALL INSTRUMENTS, INCLUDING NEGOTIABLE INSTRUMENTS AND PROMISSORY NOTES AND NAY OTHER WRITINGS OR RECORDS THAT EVIDENCE THE RIGHT TO PAYMENT OF MONETARY OBLIGATION, AND TANGIBLE AND ELECTRONIC CHATTEL PAPER.
GENERAL INTANGIBILES

ALL BUSINESS ASSETS NOW OWNED AND HEREAFTER ACQUIRED, INCLUDING BUT NOT LIMITED TO ACCOUNTS, ACCOUNTS RECEIVABLE, PROCEEDS, CONTRACTS, CONTRACT RIGHTS, COPYRIGHT INTERESTS, INVENTORY, PRODUCTS, SUPPLIES, FURNITURE, FIXTURES AND EQUIPMENT.

ACCTS REC,EQUIP,FURN & FIX,INVENTORY,HEREAFTER AQUIRED PROP,UNDEFINED

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 THEROF RECEIVED BY SUCH ENTITY. Accounts, accounts receivable, contracts, real property leases, notes, bills, acceptances, chooses in action, chattel paper, instruments, documents and other forms of obligations at any time owing to the Grantor arising out of goods sold or leased or for services rendered by Grantor, the proceeds thereof and all of Grantor's rights with respect to any goods
represented thereby, whether or not delivered, goods returned by customers and all rights as an unpaid vendor or lienor, including rights of stoppage in transit and of recovering possession by proceedings including replevin and reclamation, together with all customer lists, books and records, ledger and account cards, computer tapes, software, disks, printouts and records, whether now in existence or hereafter created, relating thereto (collectively referred to hereinafter as "Receivables");  Inventory, including without limitation, all goods manufactured or acquired for sale or lease, and any piece goods, raw materials, work in process and finished merchandise, findings or component materials, and all supplies, goods, incidentals, office supplies, packaging materials and any and all items used or consumed in the operation of the
business of Grantor or which may contribute to the finished product or to the sale, promotion and shipment thereof, in which Grantor now or at any time hereafter may have an interest, whether or not the same is in transit or in the constructive, actual or exclusive occupancy or possession of Grantor or is held by Grantor or by others for Grantor's account (collectively referred to hereinafter as "Inventory");  Goods, including without limitation, all machinery, equipment, parts, supplies, apparatus, appliances, tools, fittings, furniture, furnishings, fixtures and articles of tangible personal property of every description now or hereafter owned by the Grantor or in which Grantor may have or may hereafter acquire any interest, at any location (collectively referred to hereinafter as "Equipment"); General intangibles in which the Grantor now has or hereafter acquires any rights, including but not limited to, causes of action,
corporate or business records, inventions, designs, patents, patent applications, trademarks, trademark registrations and applications therefor, goodwill, trade names, trade secrets, trade processes, copyrights, copyright registrations and applications therefor, licenses, permits, franchises, customer lists, computer programs, all claims under guaranties, tax refund claims, rights and claims against carriers and shippers, leases, claims under insurance policies, all rights to indemnification and all other intangible personal property and intellectual property of every kind and nature (collectively referred to hereinafter as "Intangibles"); All the capital stock, bonds, notes, partnership interests, member interests in limited liability companies, and other securities, if any, held of record or beneficially by the Grantor, including without limitation the capital stock of all subsidiaries of the Grantor, and the Grantor's interests in all
securities brokerage accounts (collectively referred to hereinafter as "Investments"); All cash on hand and on deposit in banks, trust companies and similar institutions, and all property accounted for in the  Grantor's financial statements as "cash equivalents" (collectively referred to hereinafter as "Cash");  All accessions to, substitutions for and all replacements, products and proceeds of the Receivables, Inventory, Equipment, Intangibles, Investments and Cash (collectively referred to hereinafter as "Collateral"), including without limitation proceeds of insurance policies insuring the Collateral; and Books and records relating to any of the Collateral (including without limitation, customer data, credit files, computer programs, printouts, and other computer materials and records of the Grantor pertaining to any of the foregoing).

All equipment, fixtures, furniture, inventory, chattel paper, instruments and general intangibles wherever located, now owned or later acquired.

All Accounts, Instruments, General Intangibles and Chattel Paper; 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

No collateral description in the Colorado open-data record.

As security for Debtor's Repurchase Obligations (as defined in Debtor's Master Pay App Agreement with Secured Party), Debtor has granted to Secured Party a security interest in any and all of Debtor's "accounts," "chattel paper," "payment intangibles," "instruments" and/or "deposit accounts" (each such term as defined under the applicable Uniform Commercial Code), wherever located and whether now existing or hereafter from time to time arising or acquired, and all proceeds and products of any of the foregoing, all books and records relating to any of the foregoing, all accessions to, substitutions and replacements for, and profits and products of, any of the foregoing, and any and all proceeds of any insurance, indemnity, warranty or guaranty payable to Debtor from time to time with respect to any of the foregoing.

All presently existing or hereafter arising, now owned or hereafter acquired assets of the debtor. 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 of Debtor's presently existing and hereafter created Receivables, General Intangibles (as such term is defined in the Uniform Commercial Code), including, without limitation, any claims for tax refunds from any governmental authority due or to become due to Debtor which claims are hereby assigned to the Secured Party, all proceeds of letters of credit, all credit balances with Secured Party, all instruments, all deposit accounts, all computer programs, software, licenses and permits and all Debtor's property of every kind and description, tangible or intangible, at any time in Secured Party's possession or subject to Secured Party's control, whether now or hereafter arising or now owned or hereafter acquired and wherever located and all proceeds of the foregoing.