MIDLAND & CITY DEVELOPMENTS LIMITED

The deposit initially of £150,000 credited to account designation 62623524 with the bank and any addition to that deposit and any deposit or account from time to time of any other currency description or designation which derives in whole or in part from such deposit or account.

F/Hold property known as 64 and 66 clarendon ave,leamington spa,warwickshire. And all buildings structures fixtures (including trade fixtures) and fixed plant machinery and equipment from time to time thereon all right title and interest to and in any proceeds of any present or future insurances of the property any present and future goodwill of the business (if any) and by way of floating charge all moveable plant machinery implements utensils furniture and equipment.

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

The benefit of the company's interest in the "agreements" (see form 395 for details)...all the company's interests in the proceeds of sale of the property. See the mortgage charge document for full details.

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

The f/h land k/a nos. 28/30 philip lane, tottenham, london N15 being the site of the former blanche neville school . t/nos. Egl 350417 and egl 347303.. by way of fixed charge the benefit of all covenants and rights concerning the property and plant machinery fixtures fittings furniture equipment implements and utensils the goodwill of any business carried on at the property and the proceeds of any insurance affecting the property or assets.

All the company's right title and interest in and to the rent deposit account in which the initial deposit of £3,750 is placed or any amendment or replacement thereof. See the mortgage charge document for full details.