La Tarasca Torres, LLC

As security for the due and punctual payment of all amounts due or to become due and the performance of all obligations of Borrower from time to time under this Note and all extensions, renewals and amendments of any of the foregoing, Borrower hereby pledges, transfers, assigns, delivers, mortgages, conveys, and grants a security interest to a continuing lien upon and security interest in and to all of Borrower's now owned or hereafter acquired, created or arising property, including any right, title or interest in or to property of any kind whatsoever, whether real, personal or mixed, whether tangible or intangible, including any property secured by any debt satisfied by the proceeds of this Loan, in each case regardless of where such property may be located and whether such property may be in the possession of Borrower, Lender or a third party. This interest shall include any right, title, or interest in or to property of any kind whatsoever, whether real, personal, or mixed,
and whether tangible or intangible, and: (a) any and all amounts owing to Borrower now or in the future from any merchant processor(s) processing charges made by customers of Borrower via credit card or debit card transactions; and (b) all other tangible and intangible personal property, including, but not limited to: (i) inventory, (ii) equipment, (iii) investment property, including certificated and uncertificated securities, securities accounts, security entitlements, commodity contracts, and commodity accounts, (iv) instruments, including promissory notes, (v) chattel paper, including tangible chattel paper, and electronic chattel paper, (vi) documents, (vii) letter of credit rights, (viii) accounts, including health care insurance receivables, (ix) deposit accounts, (x) general intangibles, including payment intangibles and software, and (xi) as-extracted collateral as such terms may from time to time be defined in applicable Georgia law or the Uniform Commercial Code.
[Collateral]. The security interest Borrower (or Guarantor, if applicable) grants includes all accessions, attachments, accessories, parts, supplies, and replacements for the Collateral, all products, proceeds, and collections thereof, and all records and data relating thereto. Lender disclaims any security interest in household goods. Lender and/or Lender's Representative may file any financing statement, lien entry form, or other document to perfect, amend, or continue Lender's security interest in the Collateral, and Borrower shall cooperate with Lender and its Representative on all necessary action to protect Lender's security interest in the Collateral. "Lender's Representative" means any entity or individual designated by Lender to serve in such capacity. Borrower shall not perform or fail to perform any act which impairs the collateral, in which all applicable exemptions are waived,
Lender may exercise all available rights and remedies under the Security Agreement as to the property/Collateral as provided by this Note, and/or by applicable Georgia law.

Certain future credit card, debit card, bank card, other charge card, and direct sales and receivables sold by LA TARASCA TORRES, LLC dba 3 MARGARITAS AKA TEQUILA VILLAGE MEXICAN CUISINE MONUMENT AND PAULO CESAR VILLASENOR AND MA ESTHER PINEDAas Seller, and purchased by Simply Funding LLC, as Buyer, pursuant to that certain Receivables Purchase Agreement and any future agreements, between Seller and Buyer regarding the sale of future receivables (The Agreement). The sale of the future receivables pursuant to the Agreement is intended by the parties thereto to be an outright sale of such future receivables and not intended to be, nor is it to be construed as, a financing or an assignment for securing the obligations of the Seller. In addition, the Agreement prohibits Seller from incurring any debt, transferring any future receivables to any other person, or granting any security interests in its accounts receivable or other assets until Buyer has received all amounts due under the Agreement. Seller grants unto Buyer a continuing security interest, whether now owned or acquired hereafter, in (i) all of Seller's accounts, deposit accounts, chattel paper, goods, inventory, equipment, instruments, causes of action (including tort claims), investment property, documents, and general intangibles (including trademarks, service marks, trade names, patents, copyrights, licenses and franchises), as such terms are defined in the UCC, as revised and in effect, (ii) all reserves and reserve accounts maintained by Seller's credit card processor(s), (iii) all Future Receivables, as herein defined, (iv) all other assets and personal property of the Seller, and (v) all products and proceeds thereof, including, but not limited to, insurance proceeds. Buyer shall have all rights and be entitled to all benefits afforded to a secured creditor under the Uniform Commercial Code (UCC) or otherwise at law. Note - Pursuant to the receivables purchase agreement, debtor has agreed not to further encumber any accounts receivables.

Security Interest in and to all of Merchant's present and future accounts, chattel paper, deposit accounts, personal property, assets and fixtures, general intangibles, instruments, equipment, inventory wherever located, and proceeds now or hereafter owned or acquired by Merchant.        THE SECURED PARTY NAMED IN THIS RECORD IS ACTING IN A REPRESENTATIVE CAPACITY FOR PURPOSES OF FORWARDING NOTICES & INQUIRIES REGARDING THIS RECORD.   FOR MORE INFORMATION, PLEASE CONTACT THE SECURED PARTY AT THE ADDRESS LISTED ABOVE OR AT UCCSPREP@CSCINFO.COM.

all assets of the debtors

All property, wherever found, now owned or hereafter acquired, including but not limited to: (i) all tangible and intangible personal property, including, all accounts, deposit accounts, chattel paper, documents, equipment, general intangibles, instruments, inventory, receivables, investment property (including certificated and uncertificated securities, securities accounts, securities entitlements, commodity contracts and commodity accounts),
letter of credit rights, commercial tort claims and as-extracted collateral; (ii) all patents, patent applications, trademarks, trade names, service marks, logos, copyrights, and other sources of business identifiers, and all registrations, recordings and applications with the U.S. Patent and Trademark Office and U.S. Copyright Office and all renewals, reissues and extensions thereof, together with any written agreement granting any right to use any IP; (iii) all accessions, attachments, accessories, parts, supplies and replacements, products, proceeds and collections with respect to the items described in (i) and (ii) above

All of Debtors equipment and inventory, which is financed by the Secured Party and unpaid by the Debtor, whether now owned or hereafter acquired by Debtor and whether in the possession of Debtor rental or leased by the Debtor or otherwise in the hands of third parties and all accounts, receivables, contract rights, chattel paper, documents, general intangibles, payment intangibles and instruments arising from the sale, lease or rental of such equipment and inventory and all repossessions, returns, trade-ins , holdbacks, rebates, discounts attachments, parts accessories, accession and replacements thereto and all proceeds thereof and all proceeds of any of the forgoing.

All assets of the Debtor wherever located, whether now owned or hereafter acquired, created or arising, including but not limited to the following: all goods, accounts, sales, receivables, future receivables, future credit card receivables, contract rights or rights to payment of money, leases, license agreements, franchise agreements, general intangibles, cash, deposit accounts, letters of credit right (whether or not evidenced by writing), securities, and any and all proceeds of the foregoing.

All accounts, accounts receivables, and deposit accounts now existing or hereafter acquired or arising, together with all accessions and proceeds related thereto.

Accounts; payment intangibles; chattel paper; inventory; equipment; instruments, including but not limited to promissory notes; investment property; documents; deposit accounts; letter of credit rights; and general intangibles.