McMURRAY, Presiding Judge.
On August 19, 1977, Medical Funding Services, Inc. entered into a factoring agreement with King Orthopedic Appliances, Inc. whereby King agreed to sell and assign to Medical Funding its accounts receivable for 88% of the aggregate face amount of all accounts assigned, granting also a security interest in all of its accounts receivable, "whether assigned or required to be assigned" and "whether now existing or hereafter arising, and all proceeds...
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