FURNITURE PROPERTY NO 2 LIMITED: Mortgages

All monies floating charge. As continuing security or the payment and discharge of the secured obligations, the chargor as legal and beneficial owner (and also in the case of registered land as registered owner or the person entitled to be registered as registered owner) hereby by way of first floating charge charges unto the bank all the chargors property assets,rights and undetaking both present and future including, without limitation, its uncalled capital and goodwill.

All monies. Debenture. The undertaking of the company and all its property assets and rights whatsoever and wheresoever both present and future including its uncalled capital for the time being. N.B. the company shall not be at liberty without the previous consent in writing of clydesdale bank PLC to create any mortgage or charge or confer any lien on its assets or any part thereof or to sell or deal with its book debts or other debts or securities for money otherwise than for the purpose of getting in and realising the same in the ordinary way of business. 2. all book debts and other debts now and from time to time hereafter due owing or incurred from time to time hereafter due owing or incurred to the company.

All monies charge over all book debts all book debts and other debts now and from time to time hereafter due owing or incurred to the company.

All monies. Floating charge the undertaking of the company and all its property whatsoever and wheresoever both present and future including its uncalled capital for the time being. The company shall not be at liberty without the previous consent in writing of northern bank limited to create any mortgage or charge or confer any lien on its assets or any part thereof or to sell or deal with its book or other debts or securities for money otherwise than for the purpose of getting in and realising the same in the ordinary way of business.