THIS SECURITY AGREEMENT (the "SECURITY AGREEMENT") is dated as of the 19th ------------------ day of October, 2006 by and among Texhoma Energy, Inc., a Nevada Corporation (the "DEBTOR") and Frank Jacobs and Jacobs Oil & Gas, Ltd. (the "SECURED -------...Security Agreement • October 20th, 2006 • Texhoma Energy Inc • Crude petroleum & natural gas • Texas
