ASHDURN LIMITED

Ashley O'connell

The freehold land known as the land at speedwell road/ redhill road, birmingham B25 8EX with title number yet to be allocated and shown edged red on the plan attached at annexure 1.

Ashley O'connell

As a continuing security for the payment of the monies due under the loan agreement, the company with full title guarantee charges to the chargee by way of first fixed charge:. All property acquired by the company in the future;. All present and future interests of the company not effectively mortgaged or charged under the preceding provisions of this clause 3 in, or over, freehold or leasehold property;. All present and future rights, licences, guarantees, rents, deposits, contracts, covenants and warranties relating to all property;. All licences, consents and authorisations (statutory or otherwise) held or required in connection with the company’s business or the use of any secured asset, and all rights in connection with them;. All its present and future goodwill;. All its uncalled capital;. All trading stocks;. All the intellectual property;. All the debts;. All the investments;. All monies from time to time standing to the credit of its accounts with any bank, financial institution or other person (including each designated account), together with all other rights and benefits accruing to or arising in connection with each account (including, but not limited to, entitlements to interest);. All its rights in respect of the insurances, including all claims, the proceeds of all claims and all returns of premium in connection with each insurance, to the extent not effectively assigned;. All its rights in respect of each relevant agreement and all other agreements, instruments and rights relating to the secured assets;. All land which the company acquires in the future.. As security for payment of the monies due under the loan agreement, the company (with full title guarantee) hereby charges to the chargee, by way of first fixed equitable charge, all land which the company acquires in the future.. As a continuing security for the payment of the monies due under the loan agreement, the company with full title guarantee charges to the chargee, by way of first floating charge, all the undertaking, property, assets and rights of the company at any time not effectively charged or assigned.