Persons entitled
- Barclays Security Trustee Limited
Brief description
(A) the mortgagor hereby charges:. 1) by way of legal mortgage all the property knows as 27 faversham road, burton on trent, DE13 0PY and registered at the land registry under title number SF573788 (mortgaged property) and all the interest of the mortgagor in the mortgaged property together with all buildings, fixtures including trade fixtures (if any) and fixed plan 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;. 2) 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. 3) by way of first fixed charge the benefit of all guarantees, indemnities, rent and deposits, agreements, contracts, undertakings and warranties relating to the mortgaged property.. (B) the mortgagor hereby 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 licences or occupiers of the mortgage property together with the benefit of all its rights and remedies relating to them subject to redemption upon repayment of the secured obligations.. (C) the mortgagor hereby 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 contract 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.. (D) the mortgagor hereby charges by way of first fixed charge the business.
Contains negative pledge.