ROCKY MOUNTAIN PLUMBING

ALL OF THE FOLLOWING WHICH DEBTOR OWNS NOW OR IN THE FUTURE, TOGETHER WITH ALL PARTS, ACCESSORIES, REPAIRS, REPLACEMENTS, IMPROVEMENTS, AND ACCESSIONS, AND WHEREVER LOCATED: INVENTORY: ALL INVENTORY HELD FOR ULTIMATE SALE OR LEASE, OR WHICH HAS BEEN OR WILL BE SUPPLIED UNDER CONTRACTS OF SERVICE, OR WHICH ARE RAW MATERIALS, WORK IN PROCESS, OR MATERIALS USED OR CONSUMED IN DEBTOR'S BUSINESS. 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. 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. CHATTEL PAPER: ALL CHATTEL PAPER, INCLUDING RECORDS THAT EVIDENCE BOTH A MONETARY OBLIGATION AND A SECURITY INTEREST IN SPECIFIC GOODS, A SECURITY INTEREST IN SPECIFIC GOODS AND SOFTWARE USED IN THE GOODS, A SECURITY INTEREST IN SPECIFIC GOODS AND LICENSE OF SOFTWARE USED IN THE GOODS, LEASES OF SPECIFIC GOODS, AND LEASES OF SPECIFIC GOODS AND LICENSE OF
SOFTWARE USED IN THE GOODS.  IF A TRANSACTION IS EVIDENCED BY RECORDS THAT INCLUDE AN INSTRUMENT OR SERIES OF INSTRUMENTS, THE GROUP OF RECORDS TAKEN TOGETHER CONSTITUTES "CHATTEL PAPER."  THE TERM "CHATTEL PAPER" IS AS DEFINED BY THE UNIFORM COMMERCIAL CODE AND FURTHER AS MODIFIED OR AMENDED BY THE LAWS OF THE JURISDICTION WHICH GOVERNS THIS TRANSACTION. GENERAL INTANGIBLES: ALL GENERAL
INTANGIBLES INCLUDING, BUT NOT LIMITED TO, TAX REFUNDS, PATENTS AND APPLICATIONS FOR PATENTS, COPYRIGHTS, TRADEMARKS, TRADE SECRETS, GOOD WILL, TRADE NAMES, CUSTOMER LISTS, PERMITS AND FRANCHISES, PAYMENT INTANGIBLES, COMPUTER PROGRAMS AND ALL SUPPORTING INFORMATION PROVIDED IN CONNECTION WITH A TRANSACTION RELATING TO COMPUTER PROGRAMS, AND THE RIGHT TO USE DEBTOR'S NAME. ALL PRESENT AND FUTURE CASH ON DEPOSIT, CASH, LEASES AND RENTS, GOVERNMENT PAYMENTS, CONTRACT RIGHTS, DEPOSIT ACCOUNTS, INVESTMENT PROPERTY, LETTER OF CREDIT RIGHTS, LETTERS OF CREDIT, PAYMENT INTANGIBLES, INSURANCE PROCEEDS, AND ALL PRESENT AND FUTURE PERSONAL PROPERTY ASSETS OF DEBTOR/OWNER, WHETHER ANY OF THE FOREGOING PROPERTY DESCRIBED IN THIS AGREEMENT IS NOW OWNED
OR HEREAFTER ACQUIRED, ALL ADDITIONS AND SUBSTITUTIONS, AND ALL PROCEEDS AND PRODUCTS OF ALL OF THE FOREGOING PROPERTY.

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