PM WARR LIMITED: Charges

The company with full title guarantee assigns to the mortgagee the exclusive right to receive all payments reserved as rent under the lease dated 17TH october 2000 made between the borrower and stephen paul king and michael leonard robins to the deed of assignment of rental income subject to reimbursement of any insurance premium or service charge paid or incurred by the company as contemplated in the deed of assignment of rental income.

All the undertaking property and assets of the company present and future but excluding any property which is at any time subject to any effectual fixed charge in favour of the society (except where such property becomes the subject of such a fixed charge as a result of the crystallisation of the floating charge). See the mortgage charge document for full details.

F/H property ka/ 11-19 vyner street bethnal green greater london and all buildings fixtures plant and machinery..by way of first fixed charge all the goodwill of the business the full benefit of all licences consents permissions and agreements.. See the mortgage charge document for full details.

All the stock in trade both present and future.

All debts the subject of an invoice discountingagreement between the company and the chargee that fail to vest absolutely. See the mortgage charge document for full details.

Assignment of the items listed on the attached schedule ("the equipment"). See the mortgage charge document for full details.

A specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill bookdebts and the benefits of any licences.