POUND PROPERTIES LTD

LLOYDS TSB BANK PLC

MORTGAGE DEED

Lloyds Tsb Bank PLC

F/H property 5-7 bates hill redditch part of HW100108 together with all buildings & fixtures (including trade fixtures). Fixed plant & machinery by way of fixed charge, all present & future book & other debts, floating charge over all moveable plant machinery, implements, utensils, furniture & equipment by way of assignment. The goodwill of the business (if any), the full benefit of all licences & guarantees.

LLOYDS TSB BANK PLC (THE BANK)

DEBENTURE

Lloyds Tsb Bank PLC (The Bank)

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.