BRANKSOME DEVELOPMENTS LTD

Bc Property South East LTD

All that part of the freehold land being land on east side of parker road, hastings as registered at H.M. land registry with title number ESX295725 as more particularly defined by the plan annexed hereto and shown edged in bold red.

Bc Property South East LTD

3. charging provisions. 3.1. as security for the payment of the secured obligations, the company with full title guarantee now gives the following mortgages and charges in favour of the lender namely:. 3.1.1. a fixed charge by way of legal mortgage on all freehold and leasehold property owned by the company, including but not limited to land of which the company is registered as proprietor at the land registry;. 3.1.2. a fixed charge on all of the following assets, whether now or in future belonging to the company:. 3.1.2.1. the freehold and leasehold properties of the company not effectively mortgaged under clause 3.1.1 including such as may hereafter be acquired;. 3.1.2.2. all fixtures and fittings (including trade fixtures and fittings) and fixed plant and machinery in, on or attached to the property subject to the legal mortgage under clause 3.1.1 and all spare parts, replacements, modifications and additions for or to the same;. 3.1.2.3. any other freehold and leasehold property which the company shall own together with all fixtures and fittings (including trade fixtures and fittings) and fixed plant and machinery in, on or attached to such property and all spare parts, replacements, modifications and additions for or to the same;. 3.1.2.4. all plant and machinery and other equipment and all spare parts, replacements, modifications and additions for or to the same;. 3.1.2.5. all fixed plant and machinery, including all spare parts, replacements, modifications and additions for or to the same;. 3.1.2.6. all goodwill, unpaid and/or uncalled capital of the company;. 3.1.2.7. all of the company's intellectual property;. 3.1.2.8. all the company's securities;. 3.1.2.9. all loan capital, indebtedness or liabilities on any account or in any manner owing to the company from any subsidiary of the company or a member of the company’s group;. 3.1.2.10. to the extent not effectively assigned under clause 4.1.3 by way of first fixed charge all receivables. 3.1.3. a fixed charge upon all or any of the following assets, whether now in existence or coming into existence in future:. 3.1.3.1. all documents of title to any item of property which at any time and for any purpose has been or may be deposited with the lender;. 3.1.3.2. the assets mentioned in the title documents referred to in the immediately preceding sub-paragraph;. 3.1.3.3. all monies in the bank account of the company;. 3.1.4. a floating charge on the remainder of the undertaking, property rights and assets of the company whatsoever and wheresoever, both present and future, not subject to the above charges.