Persons entitled
- The Lancing Centenary Endowment Fund, an Unincorporated Charitable Trust (Registered Charity Number 1076483-2) Acting by Its Sole Corporate Trustee, Lancing College Limited (Company Number 03779985)
Brief description
First by way of legal mortgage the property known as lancing college preparatory school at hove, registered at the land registry with title number ESX260974 and;. Secondly. (A) all its rights in each insurance policy, including the proceeds of any claims under each insurance policy;. (B) the benefit of all leases, contracts, guarantees, appointments and warranties relating to the charged property and other documents to which the borrower is a party or which are in its favour or of which it has the benefit relating to any letting, development, sale, purchase, use or the operation of the charged property or otherwise relating to the charged property (including, in each case, but without limitation, the right to demand and receive all monies whatever payable to or for its benefit under or arising from any of them, all remedies provided for in any of them or available at law or in equity in relation to any of them, the right to compel performance of any of them and all other rights, interests and benefits whatever accruing to or for its benefit arising from any of them).
Contains negative pledge.