Persons entitled
- Barclays Bank PLC
Brief description
The mortgagor charges (I) by way of legal mortgage all the freehold property known as or being unit 2 lakes court lancaster business park newborough road needwood burton upon trent DE13 9PD, title number SF480633 ("the mortgaged property") and all the interests of the mortgagor in the mortgaged property together with all buildings, fixtures including trade fixtures (if any) and fixed plant and machinery from time to time on the mortgaged property together with all estates, rights, title, options, easements and privileges benefitting the same including all beneficial interests and rights in the mortgaged property and in any proceeds of sale or disposal of any part of the mortgaged property; (ii) by way of first fixed charge any shares held by the mortgagor in any company from time to time which has any rights in or is connected to the mortgaged property; and (iii) by way of first fixed charge the benefit of all guarantees, indemnities, rent deposit, agreements, contracts, undertakings and warranties relating to the mortgaged property.. The mortgagor assigns and agrees to assign all of its right, title, estate and other interests in and to all rents and other sums at any time payable by any tenants or licensees or occupiers of the mortgaged property together with the benefit of all its rights and remedies relating to them subject to redemption upon repayment of the secured obligations.. The mortgagor assigns and agrees to assign all of its right, title, estate and other interests in and to all monies from time to time payable to the mortgagor under or pursuant to all present and future contracts or policies of insurance to which it is entitled in relation to the mortgaged property including without limitation the refund of any premiums subject to redemption upon repayment of the secured obligations.. The mortgagor charges by way of first fixed charge the goodwill of the business (if any) from time to time carried on at the mortgaged property.
Contains negative pledge.