COMMERCIAL SECURITY AGREEMENTCommercial Security Agreement • March 2nd, 2007 • Md Technologies Inc • Services-computer programming services
The date of this Commercial Security Agreement (Agreement) is MARCH 1. 2007 SECURED DEBTS. This Agreement will secure all sums advanced by Secured Party under the terms of this Agreement and the payment and performance of the following described Secured Debts that (check one) X Debtor __ ______________________________________________ (Obligor) owes to Secured Party: ___ Specific Debts. The following debts and all extensions, renewals, refinancings, modifications, and replacements (describe): X All Debts. All present and future debts, even if this Agreement is not referenced, the debts are also secured by other collateral, or the future debt is unrelated to or of a different type than the current debt. Nothing in this Agreement is a commitment to make future loans or advances.
