DACRE STREET DEVELOPMENTS GLANTON TWO LIMITED

Tier One Capital Fm Limited (As Security Trustee)

By way of first legal mortgage, the borrower’s right, title and interest as at the date of this deed and thereafter in or to the freehold land on the south side of the causeway, glanton, alnwick which is. Registered at the land registry with title number ND142958.

Tier One Capital Fm Limited (As Security Trustee)

By way of first charge the freehold property known as land on the south side of the causeway, glanton, alnwick which is registered at the land registry with title number ND142958 and all properties (whether registered or unregistered) at the date of this debenture or thereafter owned by the borrower or in which the borrower holds any interest. By way of first fixed charge, the borrower's present and future patents, trademarks, service marks, trade names, designs, copyrights, inventions, topographical or similar rights, confidential information and know-how and any interest in any of these rights, whether or not registered.