Persons entitled
- Khk One Limited
Brief description
3. grant of security 3.1 as a continuing security for the payment and discharge of the secured liabilities, the borrower charges the property, with full title guarantee, to the lender by way of legal mortgage. 3.2 as a continuing security for the payment and discharge of the secured liabilities, the borrower with full title guarantee assigns to the lender absolutely, subject to a proviso for reassignment on irrevocable discharge in full of the secured liabilities:- 3.2.1 all its rights in any insurance policy, including all claims, the proceeds of all claims and all returns of premiums in connection with each insurance policy; 3.2.2 the rental income; and 3.2.3 the benefit of each assigned agreement provided that nothing in this clause 3 shall constitute the lender as mortgagee in possession. Schedule 1 (property): the leasehold property brief particulars of which are as follows: county and district: cornwall title number: CL272076 property: white river place, st austell, PL25 5AZ county and district: cornwall title number: CL272079 property: land at chandos place, st austell county and district: cornwall title number: CL277801 property: cinema building, white river place, south street, st austell county and district: cornwall title number: CL296141 property: land at white river place, south street, st austell county and district: cornwall title number: CL314406 property: 51-57 aylmer square, st austell please refer to the instrument for further details.
Contains negative pledge.