APT LICENSING LIMITED: Mortgages

All monies mortgage debenture. By way of a floating charge all the companys undertaking property and assets whatsoever and wheresoever both present and future including goodwill and its uncalled capital.

All monies charge over trademarks. All future applications for registration of the trademarks made by or on behalf of the chargor and all future rights of the chargor to apply for trademark or similar types of protection in any country of the world and all registration of trademarks granted hereinafter and from time to time in any country of the world as a result of any such applications and all prolongations, renewals, divisionals and extensions of any of the foregoing.

Mortgage debenture - all monies. The company as security for the payment and discharge of the secured obligations (as defined in the mortgage debenture) as beneficial owner hereby:. (I) demises and assigns unto the bank so much of the hereditaments and premises described or referred to in the schedule of the mortgage debenture 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 of respective terms of years for which the same are held less the last three days of such term or of each of such terms without impeachment of waste and........................... (F) (I) by way of fixed charge , charges all the bonds, stocks shares and other securities the certificates or other documents of title for which have been deposited by the company with the bank, and which are listed in the second schedule hereto, and any securities substituted with the bank's prior written consent, ( all of which are hereinafter called " the charged shares"), being. Company. Audio processing technology limited. Registered owner. Audio processing technology holdings limited. Holdings. 20,245 ordinary "a" shares of £ 1.00 each.