WELBORNE LAND LIMITED

1. land at the back of 66A kiln road, fareham, registered at the land registry with title number HP225695. 2. land at M27, fareham common, fareham, registered at the land registry with title number HP537555 3. hellyers farm, fareham common, fareham, P017 5BH , registered at the land registry with title number HP192358 4. land lying to the north of potters avenue, fareham, registered at the land registry with title number HP131979 5. land lying to the north east of potters avenue, fareham, registered at the land registry with title number HP592986 6. land at kneller court, kiln road, fareham, registered at the land registry with title number HP839758 7. land on the north side of M27, fareham, registered at the land registry with title number HP850698 8. land on the west side of chalk lane, fareham, registered at the land registry with title number HP809096. For more details of land charged, please refer to the instrument.

The company charges to the bank: (a) by way of legal mortgage the freehold properties (the "property") known as (I) the glasshouse site, wickham road, fareham, hampshire and registered at the land registry under title number HP445118; (ii) unit 18, dean farm, wickham road, fareham, hampshire and registered at the land registry under title number HP532349; and (iii) land lying to the north of kiln road, fareham, hampshire and registered at the land registry under title number HP765602; (b) charges by first fixed charge: (I) the proceeds of sale of the whole or any part of the property and any other monies paid or payable in respect of or in connection with the property and all licenses to enter in or use the property (or any part of it); (ii) the benefit of any covenants for title given, or entered into, by any predecessor in title of the mortgagor in respect of the whole or any part of the property and any monies paid or payable in respect of those covenants; (iii) the benefit of all agreements (including, without limitation, any agreement for sale or agreement for lease), instruments and rights in respect of the whole or any part of the property; (iv) all plant, machinery, vehicles, computers, office and other equipment, all furniture, furnishings, equipment and tools and any removals or replacement of them, present and future and the benefit of all contracts, licences, warranties, maintenance contracts relating to them and any renewals and replacements of them; and (v) the policy and any other insurance policies from time to time; and (c) assigns the proceeds of any insurance from time to time affecting the whole or any part of the property and shall remain liable to perform all obligations under the policy.

The property known as: (I) dean farmhouse, wickham road, fareham common, fareham and registered at the land registry with title number HP165475, (ii) the paddock lying to the north of dean farm, wickham road, fareham common, fareham and registered at the land registry with title number HP553147 and (iii) land at dean farm, fareham and registered at the land registry with title number HP568393.