Creation of Security Interest As security for the full and prompt payment and performance of each and every obligation of Customer to Gonzalez, including but not limited to the timely payment of each installment owed by Customer to Gonzalez, the Customer hereby irrevocably assigns, pledges, creates and grants to Gonzalez, and covenants and agrees that Gonzalez shall have a security interest in the Collateral (defined below).

"Collateral" shall mean all equipment, including equipment provided to Customer from Gonzalez, all machinery, including but not limited to all printing, binding, collating, cutting and stapling machinery, all tools, handcarts, trays, whether now owned or hereafter acquired by Customer, including all replacements, substitutions and additions thereto.

INSTRUCTION

1. Please redraft Gonzalez's "Creation of Security Interest" section to make it as clear and unambiguous as possible. Make it clear that the security interest is not limited to equipment that the buyer purchased from Gonzalez
2. Look for broader terms that encompass narrower terms. Look for true synonyms that amount to unnecessary doublets. Consider using a vertical list and prevent syntactic ambiguity.
3. Make a "Notes" section after your redraft. In that section, list briefly but informatively what drafting concepts or issues that were updated in the redraft.