Persons entitled
- Midland Bank PLC
Amount secured
For further securing all monies due or to become due from the company to the chargee on account current secured by a mortgage dated 26 may 1977.
Short particulars
1) all policies & contracts of insurance (including all entries in a protection & indemnity of war risks association) now or hereafter taken out in respect of the ship her freights disbursement profits or otherwise howsoever & all the benefits thereof including all claims of whatsoever nature & return of premiums 2) all freight hires & any other moneys earned & to be earned due & to become due to or for the account of the borrower arising out of or as a result ofthe ownership or operation of the ship by the borrower or its agents & all mone ys due or to become due or for the account of the owner under or in respect of any breach of any charterparty or contract of affreightment relating to the ship (see doc M12).