LOWRY NAILS SALON LLC

All Inventory, Chattel Paper, Accounts, Equipment, 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 proceeds relating to any of the foregoing (including insurance, general intangibles and other accounts proceeds).

The UCC financing statement will outline FDMS' position as providing a cash advance in exchange for a certain percentage of future credit card receivables, with certain rights in the event of default as outlined in the MCA Agreement.

All of the following property now owned or existing or hereafter acquired by the Debtor or by Debtor with spouse, wherever located: all accounts; inventory; equipment; fixtures; instruments; documents; chattel paper; investment property; deposit accounts; letter of credit rights and all accessions to, replacements of and substitutions for and all supporting obligations, products and proceeds of any of the foregoing in whatever form; and all books, records and data relating to any of the foregoing in whatever form; together with Debtors right title and interest in and to all software required to utilize, create, maintain and process such records or data on electronic media. Other than the sale or lease of inventory in the ordinary course of Debtors business, the purchase by or pledge to another person of any of described collateral violates the rights of the Secured Party. Any receipts of proceeds of the collateral by a subordinate secured party violated the rights of the Secured Party.