ContractSecurffy Agreement • July 29th, 2022 • Value Exchange International, Inc. • Services-miscellaneous business services
SECURffY AGREEMENT VALUE EXCHANGE INT ERNA TlONAl.,, INC. (herein tile "Debtor"), for value received, the receipt and sufficiency of which is ackt1owledged, granls lo AMERJCANPACIFIC BANCORP, INC. ("Secured Party11 ) tbe security iutel'ests (the "Security lnterests11) , within. the meaning of the Uniform Commercial Code (lhe "UCC") in effect iu any applicable jurisdiclion, including tile Texas Busu1ess. and Coimne1'ce Code (the "Code11 } of the State of Texas, herein set fortl1 and agrees with Secu1·ed Party as set out in thls Security Agreetnent ("Security Agreement''.). ARTICLE t SECURITY INTERESTS Debtor grants to Secured Party the Security Interests i11 and agrees that Secured Party bas and shall c-011tinue to, have the Secwity Interests, incl udiug, as applicable, p11rchase money secm·ity interests, in the ,following property,iucluding withotLl limitation Ute Hems described in Exhibits m1d Schedules, if ahy, attached hel'eto and made a part llereof (collectlvely tile 11Collateral"
