GOOD EATS ELY LTD

Hospitality Rentals

As continuing security for the payment and discharge of the secured liabilities a first legal mortgage over all properties, by way of first fixed charge over all property detailed in schedule 1 of the debenture, by way of first fixed charge all properties acquired in the future, goodwill and uncalled capital, all the equipment, all the intellectual property, all the book debts, all the investments, all monies from time to time standing to the credit of the accounts with any bank and a first floating charge over the whole of the undertaking property and assets of the company as more particularly detailed in clause 3 of the debenture.

Hospitality Rentals

First mortgage over (1) the machinery, equipment, plant, tools, furniture, fittings, installations and apparatus, goods, chattels and other tangible property as listed in the schedule to the charge (2) any money payable to the borrower for, or in connection with a disposal by way of sale or otherwise of the items listed in the schedule to the charge, for more details please refer to the instrument.