BIDDESTONE FORGE LTD

Sevcap Ii Limited

As a continuing security for the payment and discharge of the secured liabilities, the borrower with full title guarantee charges to the lender, by way of first legal mortgage, each property specified in schedule 1, being part of the freehold property known as wavering brook farm, the green, biddestone, chippenham SN14 7DG registered at hm land registry under title number WT283891 as shown edged red on the attached plan. As a continuing security for the payment and discharge of the secured liabilities, the borrower with full title guarantee charges to the lender by way of first fixed charge: all properties acquired by the borrower in the future; all present and future interests of the borrower not effectively mortgaged or charged under the preceding provisions of this clause 3.2 in, or over, freehold or leasehold property; and all the intellectual property. Please see charge for more details.