COMMERCIAL
SECURITY AGREEMENT


	 	 	 	 
	 	 	 	 
	Grantor:	Unknown
    Caller LLC	Lender:	East
    West Bank
	 	8335 Sunset
    Blvd. Suite 238	 	Loan Servicing
    Department
	 	West Hollywood,
    CA 90069	 	9300 Flair
    Drive, 6th Floor
	 		 	El Monte,
    CA 91731 
	 	 	 	 


 


THIS
COMMERCIAL SECURITY AGREEMENT dated August 29, 2014, is made and executed between Unknown Caller LLC (“Grantor”) and
East West Bank (“Lender”).


 


GRANT
OF SECURITY INTEREST. For valuable consideration, Grantor grants to Lender a security interest in the Collateral to secure the
Indebtedness and agrees that Lender shall have the rights stated in this Agreement with respect to the Collateral, in addition
to all other rights which Lender may have by law.


 


COLLATERAL
DESCRIPTION.  The word “Collateral” as used in this Agreement means the following described property, whether
now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located, in which Grantor is giving to
Lender a security interest for the payment of the Indebtedness and performance of all other obligations under the Note and this
Agreement:




 


All
inventory, equipment, accounts (including but not limited to all health-care-insurance receivables), chattel paper, instruments
(including but not limited to all promissory notes), letter-of-credit rights, letters of credit, documents, deposit accounts,
investment property, money, other rights to payment and performance, and general intangibles (including but not limited to all
software and all payment intangibles); all oil, gas and other minerals before extraction; all oil, gas, other minerals and accounts
constituting as-extracted collateral; all fixtures; all timber to be cut; all attachments, accessions, accessories, fittings,
increases, tools, parts, repairs, supplies, and commingled goods relating to the foregoing property, and all additions, replacements
of and substitutions for all or any part of the foregoing property; all insurance refunds relating to the foregoing property;
all good will relating to the foregoing property; all records and data and embedded software relating to the foregoing property,
and all equipment, inventory and software to utilize, create, maintain and process any such records and data on electronic media;
and all supporting obligations relating to the foregoing property; all whether now existing or hereafter arising, whether now
owned or hereafter acquired or whether now or hereafter subject to any rights in the foregoing property; and all products and
proceeds (including but not limited to all insurance payments) of or relating to the foregoing property


 


In
addition, the word “Collateral” also includes all the following, whether now owned or hereafter acquired, whether
now existing or hereafter arising, and wherever located:


 


(A)
All accessions, attachments, accessories, tools, parts, supplies, replacements of and additions to any of the collateral described
herein, whether added now or later.


 


(B)
All products and produce of any of the property described in this Collateral section.


 


(C)
All accounts, general intangibles, instruments, rents, monies, payments, and all other rights, arising out of a sale, lease, consignment
or other disposition of any of the property described in this Collateral section.


 


(D)
All proceeds (including insurance proceeds) from the sale, destruction, loss, or other disposition of any of the property described
in this Collateral section, and sums due from a third party who has damaged or destroyed the Collateral or from that party’s
insurer, whether due to judgment, settlement or other process.


 


(E)
All records and data relating to any of the property described in this Collateral section, whether in the form of a writing, photograph,
microfilm, microfiche, or electronic media, together with all of Grantor’s right, title, and interest in and to all computer
software required to utilize, create, maintain, and process any such records or data on electronic media.


 


CROSS-COLLATERALIZATION.
In addition to the Note, this Agreement secures all obligations,
debts and liabilities, plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender
against Grantor or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose
of the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute
or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others, whether obligated
as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter may become
barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
unenforceable.


 


RIGHT
OF SETOFF. To the extent permitted by applicable law, Lender reserves a right of setoff in all Grantor’s accounts with
Lender (whether checking, savings, or some other account). This includes all accounts Grantor holds jointly with someone else
and all accounts Grantor may open in the future. However, this does not include any IRA or Keogh accounts, or any trust accounts
for which setoff would be prohibited by law. Grantor authorizes Lender, to the extent permitted by applicable law, to charge or
setoff all sums owing on the Indebtedness against any and all such accounts, and, at Lender’s option, to administratively
freeze all such accounts to allow Lender to protect Lender’s charge and setoff rights provided in this paragraph.


 


GRANTOR’S
REPRESENTATIONS AND WARRANTIES WITH RESPECT TO THE COLLATERAL.
With respect to the Collateral, Grantor represents and promises to Lender that:


 


Perfection
of Security Interest. Grantor agrees to take whatever actions
are requested by Lender to perfect and continue Lender’s security interest in the Collateral. Upon request of Lender, Grantor
will deliver to Lender any and all of the documents evidencing or constituting the Collateral, and Grantor will note Lender’s
interest upon any and all chattel paper and instruments if not delivered to Lender for possession by Lender.
This is a continuing Security Agreement and will continue in effect even though all or any part of the Indebtedness is paid in
full and even though for a period of time Grantor may not be indebted to Lender.


 


Notices
to Lender. Grantor will promptly notify Lender in writing at
Lender’s address shown above (or such other addresses as Lender may designate from time to time) prior to any (1) change
in Grantor’s name; (2) change in Grantor’s assumed business name(s); (3) change in the management or in the members
or managers of the limited liability company Grantor; (4) change in the authorized signer(s); (5) change in Grantor’s principal
office address; (6) change in Grantor’s state of organization; (7) conversion of Grantor to a new or different type of business
entity; or (8) change in any other aspect of Grantor that directly or indirectly relates to any agreements between Grantor and
Lender. No change in Grantor’s name or state of organization will take effect until after Lender has received notice.


 


No
Violation. The execution and delivery of this Agreement will
not violate any law or agreement governing Grantor or to which Grantor is a party, and its membership agreement does not prohibit
any term or condition of this Agreement.


 






    	 



    	 



    


 


COMMERCIAL
SECURITY AGREEMENT


(Continued)


 


	Loan
    No: 366200052	Page
    2
	 	 




 


Enforceability
of Collateral. To the extent the Collateral consists of accounts,
chattel paper, or general intangibles, as defined by the Uniform Commercial Code, the Collateral is enforceable in accordance
with its terms, is genuine, and fully complies with all applicable laws and regulations concerning form, content and manner of
preparation and execution, and all persons appearing to be obligated on the Collateral have authority and capacity to contract
and are in fact obligated as they appear to be on the Collateral. At the time any account becomes subject to a security interest
in favor of Lender, the account shall be a good and valid account representing an undisputed, bona fide indebtedness incurred
by the account debtor, for merchandise held subject to delivery instructions or previously shipped or delivered pursuant to a
contract of sale, or for services previously performed by Grantor with or for the account debtor. So long as this Agreement remains
in effect, Grantor shall not, without Lender’s prior written consent, compromise, settle, adjust, or extend payment under
or with regard to any such Accounts. There shall be no setoffs or counterclaims against any of the Collateral, and no agreement
shall have been made under which any deductions or discounts may be claimed concerning the Collateral except those disclosed to
Lender in writing.


 


Location
of the Collateral. Except in the ordinary course of Grantor’s
business, Grantor agrees to keep the Collateral (or to the extent the Collateral consists of intangible property such as accounts
or general intangibles, the records concerning the Collateral) at Grantor’s address shown above or at such other locations
as are acceptable to Lender. Upon Lender’s request, Grantor will deliver to Lender in form satisfactory to Lender a schedule
of real properties and Collateral locations relating to Grantor’s operations, including without limitation the following:
(1) all real property Grantor owns or is purchasing; (2) all real property Grantor is renting or leasing; (3) all storage facilities
Grantor owns, rents, leases, or uses; and (4) all other properties where Collateral is or may be located.


 


Removal
of the Collateral. Except in the ordinary course of Grantor’s
business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender’s
prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take
or permit any action which would require application for certificates of title for the vehicles outside the State of California,
without Lender’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.


 


Transactions
Involving Collateral. Except for inventory sold or accounts
collected in the ordinary course of Grantor’s business, or as otherwise provided for in this Agreement, Grantor shall not
sell, offer to sell, or otherwise transfer or dispose of the Collateral. While Grantor is not in default under this Agreement,
Grantor may sell inventory, but only in the ordinary course of its business and only to buyers who qualify as a buyer in the ordinary
course of business. A sale in the ordinary course of Grantor’s business does not include a transfer in partial or total
satisfaction of a debt or any bulk sale. Grantor shall not pledge, mortgage, encumber or otherwise permit the Collateral to be
subject to any lien, security interest, encumbrance, or charge, other than the security interest provided for in this Agreement,
without the prior written consent of Lender. This includes security interests even if junior in right to the security interests
granted under this Agreement. Unless waived by Lender, all proceeds from any disposition of the Collateral (for whatever reason)
shall be held in trust for Lender and shall not be commingled with any other funds; provided however, this requirement shall not
constitute consent by Lender to any sale or other disposition. Upon receipt, Grantor shall immediately deliver any such proceeds
to Lender.


 


Title.
Grantor represents and warrants to Lender that Grantor holds
good and marketable title to the Collateral, free and clear of all liens and encumbrances except for the lien of this Agreement.
No financing statement covering any of the Collateral is on file in any public office other than those which reflect the security
interest created by this Agreement or to which Lender has specifically consented. Grantor shall defend Lender’s rights in
the Collateral against the claims and demands of all other persons.


 


Repairs
and Maintenance. Grantor agrees to keep and maintain, and to
cause others to keep and maintain, the Collateral in good order, repair and condition at all times while this Agreement remains
in effect. Grantor further agrees to pay when due all claims for work done on, or services rendered or material furnished in connection
with the Collateral so that no lien or encumbrance may ever attach to or be filed against the Collateral.


 


Inspection
of Collateral. Lender and Lender’s designated representatives
and agents shall have the right at all reasonable times to examine and inspect the Collateral wherever located.


 


Taxes,
Assessments and Liens. Grantor will pay when due all taxes,
assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon any promissory note or notes evidencing
the Indebtedness, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to contest any
lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Lender’s
interest in the Collateral is not jeopardized in Lender’s sole opinion. If the Collateral is subjected to a lien which is
not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security
satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs, attorneys’
fees or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend
itself and Lender and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Lender
as an additional obligee under any surety bond furnished in the contest proceedings. Grantor further agrees to furnish Lender
with evidence that such taxes, assessments, and governmental and other charges have been paid in full and in a timely manner.
Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding
to contest the obligation to pay and so long as Lender’s interest in the Collateral is not jeopardized.


 


Compliance
with Governmental Requirements. Grantor shall comply promptly
with all laws, ordinances, rules and regulations of all governmental authorities, now or hereafter in effect, applicable to the
ownership, production, disposition, or use of the Collateral, including all laws or regulations relating to the undue erosion
of highly-erodible land or relating to the conversion of wetlands for the production of an agricultural product or commodity.
Grantor may contest in good faith any such law, ordinance or regulation and withhold compliance during any proceeding, including
appropriate appeals, so long as Lender’s interest in the Collateral, in Lender’s opinion, is not jeopardized.


 


Hazardous
Substances. Grantor represents and warrants that the Collateral
never has been, and never will be so long as this Agreement remains a lien on the Collateral, used in violation of any Environmental
Laws or for the generation, manufacture, storage, transportation, treatment, disposal, release or threatened release of any Hazardous
Substance. The representations and warranties contained herein are based on Grantor’s due diligence in investigating the
Collateral for Hazardous Substances. Grantor hereby (1) releases and waives any future claims against Lender for indemnity or
contribution in the event Grantor becomes liable for cleanup or other costs under any Environmental Laws, and (2) agrees to indemnify,
defend, and hold harmless Lender against any and all claims and losses resulting from a breach of this provision of this Agreement.
This obligation to indemnify and defend shall survive the payment of the Indebtedness and the satisfaction of this Agreement.


 






    	 



    	 



    


 





COMMERCIAL
SECURITY AGREEMENT


(Continued)


 


	Loan
    No: 366200052	Page
    3
	 	 




 


Maintenance
of Casualty Insurance. Grantor shall procure and maintain all
risks insurance, including without limitation fire, theft and liability coverage together with such other insurance as Lender
may require with respect to the Collateral, in form, amounts, coverages and basis reasonably acceptable to Lender and issued by
a company or companies reasonably acceptable to Lender. Grantor, upon request of Lender, will deliver to Lender from time to time
the policies or certificates of insurance in form satisfactory to Lender, including stipulations that coverages will not be cancelled
or diminished without at least thirty (30) days’ prior written notice to Lender and not including any disclaimer of the
insurer’s liability for failure to give such a notice. Each insurance policy also shall include an endorsement providing
that coverage in favor of Lender will not be impaired in any way by any act, omission or default of Grantor or any other person.
In connection with all policies covering assets in which Lender holds or is offered a security interest, Grantor will provide
Lender with such loss payable or other endorsements as Lender may require. If Grantor at any time fails to obtain or maintain
any insurance as required under this Agreement, Lender may (but shall not be obligated to) obtain such insurance as Lender deems
appropriate, including if Lender so chooses “single interest insurance,” which will cover only Lender’s interest
in the Collateral.


 


Application
of Insurance Proceeds. Grantor shall promptly notify Lender
of any loss or damage to the Collateral if the estimated cost of repair or replacement exceeds $10,000.00, whether or not such
casualty or loss is covered by insurance. Lender may make proof of loss if Grantor fails to do so within fifteen (15) days of
the casualty. All proceeds of any insurance on the Collateral, including accrued proceeds thereon, shall be held by Lender as
part of the Collateral. If Lender consents to repair or replacement of the damaged or destroyed Collateral, Lender shall, upon
satisfactory proof of expenditure, pay or reimburse Grantor from the proceeds for the reasonable cost of repair or restoration.
If Lender does not consent to repair or replacement of the Collateral, Lender shall retain a sufficient amount of the proceeds
to pay all of the Indebtedness, and shall pay the balance to Grantor. Any proceeds which have not been disbursed within six (6)
months after their receipt and which Grantor has not committed to the repair or restoration of the Collateral shall be used to
prepay the Indebtedness.


 


Insurance
Reserves. Lender may require Grantor to maintain with Lender
reserves for payment of insurance premiums, which reserves shall be created by monthly payments from Grantor of a sum estimated
by Lender to be sufficient to produce, at least fifteen (15) days before the premium due date, amounts at least equal to the insurance
premiums to be paid. If fifteen (15) days before payment is due, the reserve funds are insufficient, Grantor shall upon demand
pay any deficiency to Lender. The reserve funds shall be held by Lender as a general deposit and shall constitute a non-interest-bearing
account which Lender may satisfy by payment of the insurance premiums required to be paid by Grantor as they become due. Lender
does not hold the reserve funds in trust for Grantor, and Lender is not the agent of Grantor for payment of the insurance premiums
required to be paid by Grantor. The responsibility for the payment of premiums shall remain Grantor’s sole responsibility.


 


Insurance
Reports. Grantor, upon request of Lender, shall furnish to Lender
reports on each existing policy of insurance showing such information as Lender may reasonably request including the following:
(1) the name of the insurer; (2) the risks insured; (3) the amount of the policy; (4) the property insured; (5) the then current
value on the basis of which insurance has been obtained and the manner of determining that value; and (6) the expiration date
of the policy. In addition, Grantor shall upon request by Lender (however not more often than annually) have an independent appraiser
satisfactory to Lender determine, as applicable, the cash value or replacement cost of the Collateral.


 


Financing
Statements. Grantor authorizes Lender to file a UCC financing
statement, or alternatively, a copy of this Agreement to perfect Lender’s security interest. At Lender’s request,
Grantor additionally agrees to sign all other documents that are necessary to perfect, protect, and continue Lender’s security
interest in the Property. Grantor will pay all filing fees, title transfer fees, and other fees and costs involved unless prohibited
by law or unless Lender is required by law to pay such fees and costs. Grantor irrevocably appoints Lender to execute documents
necessary to transfer title if there is a default. Lender may file a copy of this Agreement as a financing statement.


 


GRANTOR’S
RIGHT TO POSSESSION AND TO COLLECT ACCOUNTS. Until default and
except as otherwise provided below with respect to accounts, Grantor may have possession of the tangible personal property and
beneficial use of all the Collateral and may use it in any lawful manner not inconsistent with this Agreement or the Related Documents,
provided that Grantor’s right to possession and beneficial use shall not apply to any Collateral where possession of the
Collateral by Lender is required by law to perfect Lender’s security interest in such Collateral. Until otherwise notified
by Lender, Grantor may collect any of the Collateral consisting of accounts. At any time and even though no Event of Default exists,
Lender may exercise its rights to collect the accounts and to notify account debtors to make payments directly to Lender for application
to the Indebtedness. If Lender at any time has possession of any Collateral, whether before or after an Event of Default, Lender
shall be deemed to have exercised reasonable care in the custody and preservation of the Collateral if Lender takes such action
for that purpose as Grantor shall request or as Lender, in Lender’s sole discretion, shall deem appropriate under the circumstances,
but failure to honor any request by Grantor shall not of itself be deemed to be a failure to exercise reasonable care. Lender
shall not be required to take any steps necessary to preserve any rights in the Collateral against prior parties, nor to protect,
preserve or maintain any security interest given to secure the Indebtedness.


 


LENDER’S
EXPENDITURES. If any action or proceeding is commenced that
would materially affect Lender’s interest in the Collateral or if Grantor fails to comply with any provision of this Agreement
or any Related Documents, including but not limited to Grantor’s failure to discharge or pay when due any amounts Grantor
is required to discharge or pay under this Agreement or any Related Documents, Lender on Grantor’s behalf may (but shall
not be obligated to) take any action that Lender deems appropriate, including but not limited to discharging or paying all taxes,
liens, security interests, encumbrances and other claims, at any time levied or placed on the Collateral and paying all costs
for insuring, maintaining and preserving the Collateral. All such expenditures incurred or paid by Lender for such purposes will
then bear interest at the rate charged under the Note from the date incurred or paid by Lender to the date of repayment by Grantor.
All such expenses will become a part of the Indebtedness and, at Lender’s option, will (A) be payable on demand; (B) be
added to the balance of the Note and be apportioned among and be payable with any installment payments to become due during either
(1) the term of any applicable insurance policy; or (2) the remaining term of the Note; or (C) be treated as a balloon payment
which will be due and payable at the Note’s maturity. The Agreement also will secure payment of these amounts. Such right
shall be in addition to all other rights and remedies to which Lender may be entitled upon Default.


 


DEFAULT.
Each of the following shall constitute an Event of Default under
this Agreement:


 


Payment
Default. Grantor fails to make any payment when due under the
Indebtedness.


 


Other
Defaults. Grantor fails to comply with or to perform any other
term, obligation, covenant or condition contained in this Agreement or in
any of the Related Documents or to comply with or to perform any term, obligation, covenant or condition contained in any other
agreement between Lender and Grantor.


 


Default
in Favor of Third Parties.
Grantor defaults under any loan, extension of credit, security agreement, purchase or sales agreement, or any other
agreement, in favor of any other creditor or person that may materially affect any of Grantor’s property or ability to perform
Grantor’s obligations under this Agreement or any of the Related Documents.


 


False
Statements. Any warranty, representation or statement made or
furnished to Lender by Grantor or on Grantor’s behalf under this Agreement or the Related Documents is false or misleading
in any material respect, either now or at the time made or furnished or becomes false or misleading at any time thereafter.


 


Defective
Collateralization. This Agreement or any of the Related Documents
ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest
or lien) at any time and for any reason.


 


Insolvency.
The dissolution of Grantor (regardless of whether election to
continue is made), any member withdraws from the limited liability company, or any other termination of Grantor’s existence
as a going business or the death of any member, the insolvency of Grantor, the appointment of a receiver for any part of Grantor’s
property, any assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under
any bankruptcy or insolvency laws by or against Grantor.


 



    	 



    	 



    





 


COMMERCIAL
SECURITY AGREEMENT


(Continued)


 


	Loan
    No: 366200052	Page
    4
	 	 




 


Creditor
or Forfeiture Proceedings. Commencement of foreclosure or
forfeiture proceedings, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of
Grantor or by any governmental agency against any collateral securing the Indebtedness. This includes a garnishment of any
of Grantor’s accounts, including deposit accounts, with Lender. However, this Event of Default shall not apply if there
is a good faith dispute by Grantor as to the validity or reasonableness of the claim which is the basis of the creditor or
forfeiture proceeding and if Grantor gives Lender written notice of the creditor or forfeiture proceeding and deposits with
Lender monies or a surety bond for the creditor or forfeiture proceeding, in an amount determined by Lender, in its sole
discretion, as being an adequate reserve or bond for the dispute.


 


Events
Affecting Guarantor. Any of the preceding events occurs with
respect to any guarantor, endorser, surety, or accommodation party of any of the Indebtedness or guarantor, endorser, surety,
or accommodation party dies or becomes incompetent or revokes or disputes the validity of, or liability under, any Guaranty of
the Indebtedness.


 


Adverse
Change. A material adverse change occurs in Grantor’s
financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.


 


Cure
Provisions. If any default, other than a default in payment
is curable and if Grantor has not been given a notice of a breach of the same provision of this Agreement within the preceding
twelve (12) months, it may be cured if Grantor, after Lender sends written notice to Grantor demanding cure of such default: (1)
cures the default within fifteen (15) days; or (2) if the cure requires more than fifteen (15) days, immediately initiates steps
which Lender deems in Lender’s sole discretion to be sufficient to cure the default and thereafter continues and completes
all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.


 


RIGHTS
AND REMEDIES ON DEFAULT. If an Event of Default occurs under
this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the California Uniform Commercial
Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies:


 


Accelerate
Indebtedness. Lender may declare the entire Indebtedness, including
any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.


 


Assemble
Collateral. Lender may require Grantor to deliver to Lender
all or any portion of the Collateral and any and all certificates of title and other documents relating to the Collateral. Lender
may require Grantor to assemble the Collateral and make it available to Lender at a place to be designated by Lender. Lender also
shall have full power to enter upon the property of Grantor to take possession of and remove the Collateral. If the Collateral
contains other goods not covered by this Agreement at the time of repossession, Grantor agrees Lender may take such other goods,
provided that Lender makes reasonable efforts to return them to Grantor after repossession.


  


Sell
the Collateral. Lender shall have full power to sell, lease,
transfer, or otherwise deal with the Collateral or proceeds thereof in Lender’s own name or that of Grantor. Lender may
sell the Collateral at public auction or private sale. Unless the Collateral threatens to decline speedily in value or is of a
type customarily sold on a recognized market, Lender will give Grantor, and other persons as required by law, reasonable notice
of the time and place of any public sale, or the time after which any private sale or any other disposition of the Collateral
is to be made. However, no notice need be provided to any person who, after Event of Default occurs, enters into and authenticates
an agreement waiving that person’s right to notification of sale. The requirements of reasonable notice shall be met if
such notice is given at least ten (10) days before the time of the sale or disposition. All expenses relating to the disposition
of the Collateral, including without limitation the expenses of retaking, holding, insuring, preparing for sale and selling the
Collateral, shall become a part of the Indebtedness secured by this Agreement and shall be payable on demand, with interest at
the Note rate from date of expenditure until repaid.


 


Appoint
Receiver. Lender shall have the right to have a receiver appointed
to take possession of all or any part of the Collateral, with the power to protect and preserve the Collateral, to operate the
Collateral preceding foreclosure or sale, and to collect the rents from the Collateral and apply the proceeds, over and above
the cost of the receivership, against the Indebtedness. The receiver may serve without bond if permitted by law. Lender’s
right to the appointment of a receiver shall exist whether or not the apparent value of the Collateral exceeds the Indebtedness
by a substantial amount. Employment by Lender shall not disqualify a person from serving as a receiver.


 


Collect
Revenues, Apply Accounts. Lender, either itself or through a
receiver, may collect the payments, rents, income, and revenues from the Collateral. Lender may at any time in Lender’s
discretion transfer any Collateral into Lender’s own name or that of Lender’s nominee and receive the payments, rents,
income, and revenues therefrom and hold the same as security for the Indebtedness or apply it to payment of the Indebtedness in
such order of preference as Lender may determine. Insofar as the Collateral consists of accounts, general intangibles, insurance
policies, instruments, chattel paper, choses in action, or similar property, Lender may demand, collect, receipt for, settle,
compromise, adjust, sue for, foreclose, or realize on the Collateral as Lender may determine, whether or not Indebtedness or Collateral
is then due. For these purposes, Lender may, on behalf of and in the name of Grantor, receive, open and dispose of mail addressed
to Grantor; change any address to which mail and payments are to be sent; and endorse notes, checks, drafts, money orders, documents
of title, instruments and items pertaining to payment, shipment, or storage of any Collateral. To facilitate collection, Lender
may notify account debtors and obligors on any Collateral to make payments directly to Lender.


 


Obtain
Deficiency. If Lender chooses to sell any or all of the Collateral,
Lender may obtain a judgment against Grantor for any deficiency remaining on the Indebtedness due to Lender after application
of all amounts received from the exercise of the rights provided in this Agreement. Grantor shall be liable for a deficiency even
if the transaction described in this subsection is a sale of accounts or chattel paper.


 


Other
Rights and Remedies. Lender shall have all the rights and remedies
of a secured creditor under the provisions of the Uniform Commercial Code, as may be amended from time to time. In addition, Lender
shall have and may exercise any or all other rights and remedies it may have available at law, in equity, or otherwise.


 


Election
of Remedies. Except as may be prohibited by applicable law,
all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing,
shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude
pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under
this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and exercise
its remedies.


 


CHOICE
OF VENUE. If there is a lawsuit, Borrower agrees upon Lender’s
request to submit to the jurisdiction of the courts of Los Angeles County, State of California.


 






    	 



    	 



    


 


COMMERCIAL
SECURITY AGREEMENT


(Continued)


 


	Loan
    No: 366200052	Page
    5
	 	 




 


JUDICIAL
REFERENCE. If the waiver of the right to a trial by jury is
not enforceable, the parties hereto agree that any and all disputes or controversies of any nature between them arising at any
time shall be decided by a reference to a private judge, mutually selected by the parties or, if they cannot agree, then any party
may seek to have a private judge appointed in accordance with California Code of Civil Procedure §§ 638 and 640 (or
pursuant to comparable provisions of federal law if the dispute falls within the exclusive jurisdiction of the federal courts).
The reference proceedings shall be conducted pursuant to and in accordance with the provisions of California Code of Civil Procedure
§§ 638 through 645.1, inclusive. The private judge shall have the power, among others, to grant provisional relief,
including without limitation, entering temporary restraining orders, issuing preliminary and permanent injunctions and appointing
receivers. All such proceedings shall be closed to the public and confidential and all records relating thereto shall be permanently
sealed. If during the course of any dispute, a party desires to seek provisional relief, but a judge has not been appointed at
that point pursuant to the judicial reference procedures, then such party may apply to the Court for such relief. The proceeding
before the private judge shall be conducted in the same manner as it would be before a court under the rules of evidence applicable
to judicial proceedings. The parties shall be entitled to discovery which shall be conducted in the same manner as it would be
before a court under the rules of discovery applicable to judicial proceedings. The private judge shall oversee discovery and
may enforce all discovery rules and orders applicable to judicial proceedings in the same manner as a trial court judge. The parties
agree that the selected or appointed private judge shall have the power to decide all issues in the action or proceeding, whether
of fact or of law, and shall report a statement of decision thereon pursuant to California Code of Civil Procedure § 644(a).
Nothing in this paragraph shall limit the right of any party at any time to exercise self-help remedies, foreclose against collateral,
or obtain provisional remedies. The private judge shall also determine all issues relating to the applicability, interpretation,
and enforceability of this paragraph.


 


The
parties agree that time is of the essence in conducting the referenced proceedings. The parties shall promptly and diligently
cooperate with one another and the referee, and shall perform such acts as may be necessary to obtain prompt and expeditious resolution
of the dispute or controversy in accordance with the terms hereof. The costs shall be borne equally by the parties.


 


MISCELLANEOUS
PROVISIONS. The following miscellaneous provisions are a part
of this Agreement:


 


Amendments.
This Agreement, together with any Related Documents, constitutes
the entire understanding and agreement of the parties as to the matters set forth in this Agreement. No alteration of or amendment
to this Agreement shall be effective unless given in writing and signed by the party or parties sought to be charged or bound
by the alteration or amendment.


 


Attorneys’
Fees; Expenses.  Grantor agrees to pay upon demand all of
Lender’s costs and expenses, including Lender’s attorneys’ fees and Lender’s legal expenses, incurred
in connection with the enforcement of this Agreement. Lender may hire or pay someone else to help enforce this Agreement, and
Grantor shall pay the costs and expenses of such enforcement. Costs and expenses include Lender’s attorneys’ fees
and legal expenses whether or not there is a lawsuit, including attorneys’ fees and legal expenses for bankruptcy
proceedings (including efforts to modify or vacate any automatic stay or injunction), appeals, and any anticipated
post-judgment collection services. Grantor also shall pay all court costs and such additional fees as may be directed by the
court.


 


Caption
Headings. Caption headings in this Agreement are for convenience
purposes only and are not to be used to interpret or define the provisions of this Agreement.


 


Governing
Law. This Agreement will be governed by federal law applicable to Lender and, to the extent not preempted by federal law, the
laws of the State of California without regard to its conflicts of law provisions. This Agreement has been accepted by Lender
in the State of California.


 


Preference
Payments. Any monies Lender pays because of an asserted preference
claim in Grantor’s bankruptcy will become a part of the Indebtedness and, at Lender’s option, shall be payable by
Grantor as provided in this Agreement.


 


No
Waiver by Lender. Lender shall not be deemed to have waived
any rights under this Agreement unless such waiver is given in writing and signed by Lender. No delay or omission on the part
of Lender in exercising any right shall operate as a waiver of such right or any other right. A waiver by Lender of a provision
of this Agreement shall not prejudice or constitute a waiver of Lender’s right otherwise to demand strict compliance with
that provision or any other provision of this Agreement. No prior waiver by Lender, nor any course of dealing between Lender and
Grantor, shall constitute a waiver of any of Lender’s rights or of any of Grantor’s obligations as to any future transactions.
Whenever the consent of Lender is required under this Agreement, the granting of such consent by Lender in any instance shall
not constitute continuing consent to subsequent instances where such consent is required and in all cases such consent may be
granted or withheld in the sole discretion of Lender.


 


Notices.
Any notice required to be given under this Agreement shall be
given in writing, and shall be effective when actually delivered, when actually received by telefacsimile (unless otherwise required
by law), when deposited with a nationally recognized overnight courier, or, if mailed, when deposited in the United States mail,
as first class, certified or registered mail postage prepaid, directed to the addresses shown near the beginning of this Agreement.
Any party may change its address for notices under this Agreement by giving formal written notice to the other parties, specifying
that the purpose of the notice is to change the party’s address. For notice purposes, Grantor agrees to keep Lender informed
at all times of Grantor’s current address. Unless otherwise provided or required by law, if there is more than one Grantor,
any notice given by Lender to any Grantor is deemed to be notice given to all Grantors.


 


Power
of Attorney. Grantor hereby appoints Lender as Grantor’s
irrevocable attorney-in-fact for the purpose of executing any documents necessary to perfect, amend, or to continue the security
interest granted in this Agreement or to demand termination of filings of other secured parties. Lender may at any time, and without
further authorization from Grantor, file a carbon, photographic or other reproduction of any financing statement or of this Agreement
for use as a financing statement. Grantor will reimburse Lender for all expenses for the perfection and the continuation of the
perfection of Lender’s security interest in the Collateral.


 


Waiver
of Co-Obligor’s Rights. If more than one person is obligated
for the Indebtedness, Grantor irrevocably waives, disclaims and relinquishes all claims against such other person which Grantor
has or would otherwise have by virtue of payment of the Indebtedness or any part thereof, specifically including but not limited
to all rights of indemnity, contribution or exoneration.


 


Severability.
If a court of competent jurisdiction finds any provision of
this Agreement to be illegal, invalid, or unenforceable as to any circumstance, that finding shall not make the offending provision
illegal, invalid, or unenforceable as to any other circumstance. If feasible, the offending provision shall be considered modified
so that it becomes legal, valid and enforceable. If the offending provision cannot be so modified, it shall be considered deleted
from this Agreement. Unless otherwise required by law, the illegality, invalidity, or unenforceability of any provision of this
Agreement shall not affect the legality, validity or enforceability of any other provision of this Agreement.


 


Successors
and Assigns. Subject to any limitations stated in this Agreement
on transfer of Grantor’s interest, this Agreement shall be binding upon and inure to the benefit of the parties, their successors
and assigns. If ownership of the Collateral becomes vested in a person other than Grantor, Lender, without notice to Grantor,
may deal with Grantor’s successors with reference to this Agreement and the Indebtedness by way of forbearance or extension
without releasing Grantor from the obligations of this Agreement or liability under the Indebtedness.


 


Survival
of Representations and Warranties. All representations, warranties,
and agreements made by Grantor in this Agreement shall survive the execution and delivery of this Agreement, shall be continuing
in nature, and shall remain in full force and effect until such time as Grantor’s Indebtedness shall be paid in full.


 


Time
is of the Essence. Time is of the essence in the performance
of this Agreement.


 


Waive
Jury. To the extent permitted by applicable law, all parties to this Agreement hereby waive the right to any jury trial in any
action, proceeding, or counterclaim brought by any party against any other party.


 






    	 



    	 



    





 


COMMERCIAL
SECURITY AGREEMENT


(Continued)


 


	Loan
    No: 366200052	Page
    6
	 	 




 


Oral
Agreements Not Effective. This Agreement embodies the entire
agreement and understanding between the parties hereto with respect to the subject matter hereof and supersedes all prior oral
or written negotiations, agreements and understandings of the parties with respect to the subject matter hereof and shall remain
in full force and effect in accordance with its terms and conditions. Moreover, any subsequent oral statements, negotiations,
agreements or understandings of the parties shall not be effective against Lender unless (i) expressly stated in writing, (ii)
duly approved and authorized by an appropriate decision making committee of Lender on such terms and conditions as such committee
shall deem necessary or appropriate in the committee’s sole and absolute opinion and judgment and (iii) executed by an authorized
officer of Lender. Borrower shall not rely or act on any oral statements, negotiations, agreements or understandings between the
parties at anytime whatsoever, including before or during any Lender approval process stated above. Borrower acknowledges and
agrees that Borrower shall be responsible for its own actions, including any detrimental reliance on any oral statements, negotiations,
agreements or understandings between the parties and that Lender shall not be liable for any possible claims, counterclaims, demands,
actions, causes of action, damages, costs, expenses and liability whatsoever, known or unknown, anticipated or unanticipated,
suspected or unsuspected, at law or in equity, originating in whole or in part in connection with any oral statements, negotiations,
agreements or understandings between the parties which the Borrower may now or hereafter claim against the Lender. Neither this
Agreement nor any other Related Document, nor any terms hereof or thereof may be amended, supplemented or modified except in accordance
with the provisions of this section. Lender may from time to time, (a) enter into with Borrower written amendments, supplements
or modifications hereto and to the Related Documents or (b) waive, on such terms and conditions as Lender may specify in such
instrument, any of the requirements of this Agreement or the Related Documents or any Event Default and its consequences, if,
but only if, such amendment, supplement, modification or waiver is (i) expressly stated in writing, (ii) duly approved and authorized
by an appropriate decision making committee of Lender on such terms and conditions as such committee shall deem necessary or appropriate
in the committee’s sole and absolute opinion and judgment and (iii) executed by an authorized officer of Lender. Then such
amendment, supplement, modification or waiver shall be effective only in the specific instance and specific purpose for which
given.


 


DEFINITIONS.
The following capitalized words and terms shall have the following
meanings when used in this Agreement. Unless specifically stated to the contrary, all references to dollar amounts shall mean
amounts in lawful money of the United States of America. Words and terms used in the singular shall include the plural, and the
plural shall include the singular, as the context may require. Words and terms not otherwise defined in this Agreement shall have
the meanings attributed to such terms in the Uniform Commercial Code:


 


Agreement.
The word “Agreement” means this Commercial Security
Agreement, as this Commercial Security Agreement may be amended or modified from time to time, together with all exhibits and
schedules attached to this Commercial Security Agreement from time to time.


 


Borrower.
The word “Borrower” means Unknown Caller LLC and
includes all co-signers and co-makers signing the Note and all their successors and assigns.


 


Collateral.
The word “Collateral” means all of Grantor’s
right, title and interest in and to all the Collateral as described in the Collateral Description section of this Agreement.


 


Default.
The word “Default” means the Default set forth in
this Agreement in the section titled “Default”.


 


Environmental
Laws. The words “Environmental Laws” mean any and
all state, federal and local statutes, regulations and ordinances relating to the protection of human health or the environment,
including without limitation the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended, 42
U.S.C. Section 9601, et seq. (“CERCLA”), the Superfund Amendments and Reauthorization Act of 1986, Pub. L. No. 99-499
(“SARA”), the Hazardous Materials Transportation Act, 49 U.S.C. Section 1801, et seq., the Resource Conservation
and Recovery Act, 42 U.S.C. Section 6901, et seq., Chapters 6.5 through 7.7 of Division 20 of the California Health and Safety
Code, Section 25100, et seq., or other applicable state or federal laws, rules, or regulations adopted pursuant thereto.


 


Event
of Default. The words “Event of Default” mean any
of the events of default set forth in this Agreement in the default section of this Agreement.


 


Grantor.
The word “Grantor” means Unknown Caller LLC.


 


Guaranty.
The word “Guaranty” means the guaranty from guarantor,
endorser, surety, or accommodation party to Lender, including without limitation a guaranty of all or part of the Note.


 


Hazardous
Substances. The words “Hazardous Substances” mean
materials that, because of their quantity, concentration or physical, chemical or infectious characteristics, may cause or pose
a present or potential hazard to human health or the environment when improperly used, treated, stored, disposed of, generated,
manufactured, transported or otherwise handled. The words “Hazardous Substances” are used in their very broadest sense
and include without limitation any and all hazardous or toxic substances, materials or waste as defined by or listed under the
Environmental Laws. The term “Hazardous Substances” also includes, without limitation, petroleum and petroleum by-products
or any fraction thereof and asbestos.


 


Indebtedness.
The word “Indebtedness” means the indebtedness evidenced
by the Note or Related Documents, including all principal and interest together with all other indebtedness and costs and expenses
for which Grantor is responsible under this Agreement or under any of the Related Documents. Specifically, without limitation,
Indebtedness includes all amounts that may be indirectly secured by the Cross-Collateralization provision of this Agreement.


 


Lender.
The word “Lender” means East West Bank, its successors
and assigns.


 


Note.
The word “Note” means the Note dated August 29,
2014 and executed by Unknown Caller LLC in the principal amount of $3,333,333.00, together with all renewals of, extensions of,
modifications of, refinancings of, consolidations of, and substitutions for the note or credit agreement.


 


Property.
The word “Property” means all of Grantor’s
right, title and interest in and to all the Property as described in the “Collateral Description” section of this
Agreement.


 


Related
Documents. The words “Related Documents” mean all
promissory notes, credit agreements, loan agreements, environmental agreements, security agreements, mortgages, deeds of trust,
security deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter existing,
executed in connection with the Indebtedness.


 


GRANTOR
HAS READ AND UNDERSTOOD ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT AND AGREES TO ITS TERMS. THIS AGREEMENT IS DATED
AUGUST 29, 2014.





 






    	 



    	 



    


 


COMMERCIAL
SECURITY AGREEMENT


(Continued)


 


	Loan
    No: 366200052	Page
    7
	 	 


 


	GRANTOR	 
	 	 
	UNKNOWN
    CALLER LLC	 
	 	 
	By:	 /s/
    Jonathan Lim	 
	 	Jonathan
    Lim, Manager of Unknown Caller LLC	 
	 	 	 


LASER
PRO Lending. Ver. 14.1.0.009 Copr. Harland Financial Solutions, Inc. 1997, 2014. All Rights Reserved. -CA
F:\PROD\LOANDOC\CFI\LPL\E40.FC TR-20411 PR-7