Persons entitled
- Lloyds Bank PLC
Brief description
A new 999 year leasehold interest of 111 st georges terrace, jesmond, newcastle upon-tyne, NE2 2DN.. 1) the mortgagor with full title guarantee:. (A) charges by way of legal mortgage the property specified in the first schedule of the mortgage deed dated 03 february 2017 being 111 st georges terrace, jesmond, newcastle upon-tyne, NE2 2DN (a new leasehold title for a term of 999 years from and including 3 february 2017) and all buildings and fixtures (including trade fixtures) from time to time on any such property as a continuing security for the payment to the bank of secured obligations;. (B) charges by way of a fixed charge as a continuing security for the payment to the bank of the secured obligations any fixed plant and machinery from time to time on any such property as is referred to in the above clause and which is not included within the charge in the above clause; and. (C) (where any property referred to in clause 1(a) is leasehold) charges by way of a fixed charge as a continuing security for the payment to the bank of secured obligations any present or future right or interest conferred upon the mortgagor in relation thereto by any virtue of any enfranchising legislation including rights arising against any nominee purchaser pursuant thereto.. 2) the mortgagor with full title guarantee charges as a continuing security for the payment to the bank of the secured obligations:. (A) by way of fixed charge all present and future amounts owing to the mortgagor by way of rent (but excluding ground rent, service charge and any sums payable in respect of services provided to any tenant or payable in respect of insurance premiums) by any tenant (whether present or future) of the mortgaged property (and the proceeds thereof);. (B) by way of fixed charge all present and future amounts owing to the mortgagor by way of licence fee by any licensee (whether present or future) of the mortgaged property (and the proceeds thereof);. (C) by way of fixed charge all present and future amounts owing to the mortgagor in respect of service charge and sums payable in respect of services provided to any tenant or payable in respect of insurance premiums by any tenant (whether present or future) of the mortgaged property (and the proceeds thereof);. (D) by way of fixed charge all present and future amounts owing to the mortgagor by way of insurance claims in connection with the mortgaged property (and the proceeds thereof);. (E) by way of fixed charge all present and future amounts owing or which may become owing to the mortgagor under any building, construction or development contract entered into in connection with the mortgaged property or by virtue of the mortgagor’s rights under any retention or other trusts in connection therewith, whether or not any certificate as to the amount due has been issued in respect thereof (and the proceeds thereof); and. (F) by way of fixed charge all present and future book and other debts other monetary claims and choses in action owing or belonging to the mortgagor and arising in connection with the mortgaged property or any business at any time carried on thereat (insofar as not charged by above) (including without limitation any ground rents, rent charges, rent deposits, purchase deposits, dilapidations and monies payable to the mortgagor pursuant to any enfranchising legislation) (and in each case the proceeds thereof).. The defined terms in this paragraph have the same meaning as defined in the mortgage deed.
Contains floating charge.
Contains negative pledge.