MOURNE COUNTRY MEATS LIMITED

1. creation of security. Pursuant to the charge, the company as beneficial owner as continuing security for the payment, performance and discharge of the secured liabilities charges to the lender, by way of floating charge, the whole of the company's property and assets (including, without limitation, uncalled capital) which is or may from time to time (during the security period) be comprised in the property and undertaking of the company...see image for full details.

By way of fixed charge all the freehold and leasehold property of the company now vested in it whether or not registered at hm land registry together with all buildings fixtures including trade fixtures and fixed plant and machinery from time to time thereon...see image for full details.

All monies debenture. The company, as beneficial owner and as security for the payment and discharge of the debt: charges, demises, assigns, grants and conveys by way of legal mortgage all freehold and leasehold land now vested in the company together with all buildings fixtures, fittings and fixed plant and machinery.

All monies floating charge. By way of first floating charge, all the company's property, assets, rights and undertaking both present and future including without limitation, its uncalled capital and goodwill.

All monies floating charge. The company charges by way of floating charge in favour of invest NI as a continuing security with the payment and discharge of the secured obligations as defined in the floating charge.... See 402 for further details.

All monies mortgage. Unit 24A rampart road, greenbank industrial estate, newry BT34 2QU.

All monies mortgage debenture. The assets of the company designated hereunder:- (b) by way of fixed equitable charge charges all estates or interest in any freehold and leasehold property (except the legally mortgaged property) now and at any time during the continuance of this security .......................... see doc 73 for further details.

Chattel mortgage - Œ30,000 and all other monies plant & equipment as per schedule ..... see attached schedule on doc. No. 71. for further details.

Legal charge - Œ160,000 plus interest and charges misellaneous tenderising, slicing, mincing, injecting and processing equipment used in the production of ham/bacon joints as detailed in the attached schedule.

Legal charge 1 no. 3M revobank travelling multi- purpose cooker to include steam boiler and tunnel chilling system per double d food engineering invoice no.31360/ Works order 21-29032. 1 no. Air inlet dust to burner per invoice no.31966 (Double d engineering) /workds order 21/29032. 1 no. Stainless steel bifurcated fan per invoice no.31966 (Double d engineering)/works order 21/29032.

All monies. Chattels mortgage all and singular the chattels plant machinery and things described in the schedule hereto or any part thereof schedule:- 1 used grote 522 slicer applicator, serial no 1055692.

All monies. Chattels mortgage all and singular the chattels plant machinery and things described in the schedule hereto or any part thereof schedule: one new tiromat compact 270 vacuum pckaging/gas-flushing thermo- former with ancillary equipment, serial number 7771411047.

All monies. Chattels mortgage see doc 47 for details.

All monies. Chattels mortgage see doc 45 for details.

All monies. Chattels mortgage all and singular the chattels plant machinery and things described in the schedule hereto or any part thereof one new stainless steel double trolly vsd/reich cooker serial no. 34892/V.

All monies. Chattels mortgage all and singular the chattels plant machinery and things described in the schedule hereto or any part thereof. 1 new aic waterproof stainless steel floor scale including interface 1 new electric pallet truck 2 new light/heavy scales 1 new brine make tank 6 new stainless stees curing tanks 2 new grav automatic meat slicers 2 new waterproof aic bench scale electronic 1 new multineedle injector serial no 22389 12 new aluminium pallets 3 new computers serial no. 20189/A/b/c 1 new 100/120 litre bowl chopper serial no.89202 12 new ice flaker 1 new vacum filler/linker with clipper 6 new 200 litre stainless steel trollies 2 new stainless steel tables 1 new waterproof aic electronic scale 6 new stainless steel handwash basins 2 new boot washers 6 new stainless steel transport racks 12 new electric fly killers 2 new handpallet trucks 1 new steamboiler.

All monies. Mortgage all and singular the chattels, plant, machinery and items described or refer- red to the schedule hereto one new stainless steel bacon slicing machine serial no. 3189112 one new aic waterproof electronic scale serial no. A/c 1189 one new muvero cooking cabinet serial no 258938 one new large tumbler 2000 litre injectstar serial no 20089 one new waterproof aic electronic scale serial no. A/c 11689 two new 598 stainless steel ham moulds one new high pressure cleaning system serial no 89117.

All monies debenture see doc 23 for details.

All monies. Chattels mortgage all and singular the chattels, plant, machinery and items described or refer- red to in the schedule hereto:- one - new hoegger bacon press together with ancillary equipment serial no: CH9230FLAWILSG.

All monies. Debenture 1) a fixed charge over: all the book debts now and from time to time due or owing to the company but so that the company shall pay into the company's account with the bank all moneys which it may receive in respect of such debts and shall not without the prior consent in writing of the bank sell factor discount or otherwise charge or assign the same in favour of any other person or purport to do so and the company shall if called upon to do so by the bank from time to time execute legal assignments of such book debts and other debts to the bank. 2) a floating charge over: all the under taking of the company and all its pro- perty and assets for the time being both present and future including its good- will and uncalled capital but so that the company shall not without the con- sent in writing of the bank create any mortgage or charge ranking in priority to or pari passu with this debenture.

All monies. Debenture all the book debts of frontier meats LTD both present and future the company shall not be at liberty to create any mortgage or charge on any of its book debts ranking in priority to or pari passu with this debenture.