KCD HOMES LIMITED

National Westminster Bank PLC (Trading as Ulster Bank)

All that and those the lands and premises. (1) situate and known as sites 2, 3, 18 and 22 iveagh hall, 8 tollymore road, newcastle, county down BT33 0JH as comprised within folio DN132174 county down (part) and shown edged in red on maps “a”, “b”, “c” and “d” attached hereto together with. (2) that portion of lands situate at site 22 iveagh hall, 8 tollymore road, newcastle, county down BT33 0JH as held under an indenture of lease dated the 3RD day of may 1909 and made between the rt hon earl of roden of the one part and george william young of the other part and shown edged in red on map “e” attached hereto.

National Westminster Bank PLC (Trading as Ulster Bank)

Site 1 iveagh hall, tollymore road, newcastle, county down as comprised within folio DN132174 county down.

ULSTER BANK LIMITED

DEBENTURE

Ulster Bank Limited

All monies mortgage debenture.. 3. (1) the company (to the intent that the security hereby created shall rank as a continuing security in favour of the bank) as security for the payment and discharge of the secured obligations as beneficial owner hereby:. (A) (I) demises and assigns unto the bank so much of the hereditaments and premises described or referred to in the first schedule as are unregistered land to hold as to so much thereof as are freehold unto the bank for the term of ten thousand years from the date hereof .......................................................................... see 402 for further details.