Jiu Hong Canyin Yule, Inc.

All of Debtor's now existing or hereafter created or arising personal property including, without limitation all of Debtor's Accounts; Deposit Accounts; Documents; General Intangibles, Goods, Equipment, Inventory, Fixtures, Instruments, Money, Securities Accounts; Supporting Obligations; property of Debtor held by Secured Party or any other party for whom Secured Party is acting as agent, including, without limitation, all property of every description now or hereafter in the possession or custody of or in transit to Secured Party or such other party for any purpose, including, without limitation, safekeeping, collection or pledge, for the account of Debtor or as to which Debtor may have any right or
power; other goods and personal property of Debtor, wherever located, whether tangible or intangible, and whether now owned or hereafter acquired, existing, leased or consigned by or to Debtor; and, to the extent not otherwise included, all Proceeds of each of the foregoing and all accessions to, substitutions and replacements for and rents, profits and products of each of the foregoing. Capitalized terms used herein shall have the meaning set forth in the Uniform Commercial Code. Debtor's rights to payment with servicers ("Card Servicers") under its agreements ("Card Service Agreements") for payment in respect of amounts directly or indirectly due to Debtor for goods and services provided
where payment is made by credit, charge, debit or similar cards shall be deemed to be Accounts of Debtor for all purposes hereunder. Notice to Prospective Creditors: The Debtor has agreed with Secured Party not to transfer or further encumber the Collateral described herein and to incur no further debt or obligations until the Obligations due under Debtor's agreement with Secured Party are satisfied and paid in full. Any party who takes an interest in the Collateral or causes Debtor to
violate its agreements with Secured Party is interfering with Secured Party's contractual agreement with Debtor to Secured Party's detriment and will be subject to legal action.

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 Debtor's 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.

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.

FUTURE RECEIVABLES.

Blanket filing for all assets

All now owned and hereafter acquired accounts; chattel paper; deposit accounts; PayPal, Inc, contract rights;letter of credit rights; instruments; payment and general intangibles; goods; inventory; equipment and fixtures; investment property; and all books and records relating to all of the foregoing property, including, without limitation, all computer programs; and all proceeds 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 ENCUMBERING OF WHICH MAY CONSTITUTE THE TORTIOUS INTERFERENCE WITH THE SECURED PARTY'S RIGHT BY SUCH ENCUMBRANCES. IN THE EVENT THAT ANY ENTITY IS GRANTED A SECURITY INTEREST IN DEBTORS ACCOUNTS, CHATTEL PAPER OR GENERAL INTANGIBLES CONTRARY TO THE ABOVE, THE SECURED PARTY ASSERTS A CLAIM TO ANY PROCEEDS THEREOF RECEIVED BY SUCH ENTITY.