Persons entitled
- Aib Group (UK) P.L.C.
Brief description
The mortgagor (to the intent that the security hereby created shall rank as a continuing security in favour of the bank) as security for the payment and discharge of the secured obligations as beneficial owner hereby:. (A) demises and assigns unto the bank so much of the hereditaments and premises described or referred to in the schedule as are unregistered land to hold as to so much thereof as are freehold unto the bank for the term of ten thousand years from the date hereof without impeachment of waste and as to so much thereof as are leasehold unto the bank for the residue or residues of the term or respective terms of years for which the same are held less the last three days of such terms without impeachment of waste and. (B) as registered owner or the person entitled to become registered as owner charges in favour of the bank so much of the lands described or referred to in the schedule as are registered or are required to be registered in the land registry by virtue of the statutes in that behalf or otherwise and assents to the registration of the charge hereby created as a burden affecting such lands. Schedule:. All that freehold property known as the demesne, hillsborough road, carryduff, county down as the same is registered at the land registry under folios 46731, DN121334, DN136240, DN45697, DN8359, DN45370, DN47258, DN46082, 28373, 28697 all county down together with all buildings fixtures (including trade fixtures) and fixed plant and machinery from time to time thereon.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.