Persons entitled
- The Property Investor Partnership LTD
Brief description
(1) by way of a fixed legal mortgage the freehold property known as 33-36 bradford street, birmngham, B5 6HX as registered at land registry under title number WM211412 and the freehold property known as 37 to 40 bradford street and 29 rea street, digbeth as registered at land registry under title number WM53859. (2) by way of fixed charge: (a) the benefit of all present and future licences, consents and authorisations (statutory or otherwise) held or utilised by the chargor in connection with the security assets or the use of any of the security assets and all rights in connection with them; (b) the fixtures; (c) all its rights and interests in and under the insurances; and (d) insofar as the legal mortgage referred to in clause 3.1.1 or any of the assignments referred to in clause 3.2 shall for any reason be ineffective as a legal mortgage or an assignment, the assets referred to in those clauses. (3) by way of security assignment to the security agent, all the chargor’s right, title and interest in, to all rights and claims in relation to any mortgaged property including, without limitation, all rights and claims against any lessees, tenants, sub-lessees, sub-tenants, licensees or occupiers of the mortgaged property from time to time and all guarantors and sureties for the obligations of such persons provided that, in each case, to the extent (if any) that the benefits, rights, titles, claims and interests assigned under clause 3.2 are not assignable, such assignment will operate as an assignment of all proceeds received by the chargor in connection with such benefits, rights, titles, claims and interests. For more details of each of the assets charged, please refer to the instrument.
Contains fixed charge.
Contains negative pledge.