Orange County NC Website
Browse       Search
DocuSign Envelope ID:8C3F74D8-9960-4172-8CF5-29179CCD8C3E <br /> Exhibit A — Description of Collateral <br /> The "COLLATERAL" is all of the following: <br /> 1. All personal property acquired by Rumors LLC with funds loaned by the COMPANY pursuant <br /> to this AGREEMENT, all personal property obtained in substitution or replacement therefore, <br /> and all personal property obtained in substitution or replacement for any portion of the <br /> Mortgaged Property and all proceeds of the foregoing (collectively, the "Purchased Equipment"). <br /> This Agreement is a purchase money security agreement with respect to the Purchased <br /> Equipment. The parties expect that the Purchased Equipment will include the following: N/A <br /> 2. All goods including but not limited to furniture and general intangibles whether now owned or <br /> hereafter acquired and wherever located. <br /> 3. Equipment, including all Accessions thereto, and all manufactures warranties, parts and tools <br /> therefore. <br /> 4. Inventory, including all returned inventory. <br /> 5. Accounts Receivables. <br /> 6. Vehicles, including all manufacturers warranties and parts therefore. <br /> 7. Franchise Agreements. <br /> 8. General intangibles, including Payment Intangibles, copyrights, trademarks, patents, trade <br /> names, tax refunds, company records (paper and electronic), right under equipment leases, <br /> warranties software licenses. <br /> 9. To the Extent not listed above as original collateral, all proceeds (cash and non-cash) and <br /> products of the foregoing. <br /> NOTICE-Pursuant to an Agreement between debtor and secured party, debtor has agreed not to <br /> further encumber the collateral described herein. The further encumbrance of which may constitute <br /> interference with secured party's right by such encumbrance. <br /> D...Sig-d by: <br /> E g <br /> Casey Longyear, Managing Member <br /> Rumors LLC <br /> ESBLPLSA <br />