DINSDALE SPA GOLF CLUB LIMITED(THE)

The club house, car park, practice ground and golf course k/a the dinsdale spa golf club situate at middleton st george darlington in the county of durham the company assigns to the bank: any option to purchase or right of pre-emption to acquire the f/h or superior l/h or to have a new lease of the property; any proceeds of sale, letting or other disposition of the property; any guarantees, insurance or compensation monies relating to the property or any authorisation, permit, registration certificate or licence of any kind in force in connection with the property; and share or membership rights in a residents' association or management company relating to the property; and any other benefit or right of any kind relating to the property, its use, construction or title. The company assigns to the bank the goodwill belonging to the company of all business from time to time carried on at the property with the benefit of all authorisations, permits, registration certificates or licences of any kind which the company may hold in connection with such businesses. The company also charges to the bank by way of fixed charge the equipment and goods (if any) listed in schedule 2 and all otherfixtures, fittings, plant and machinery, which may from time to time be erectred on or affixed to the property, and by way of floating charge all other moveable plant, machinery, furniture, equipment, goods and other effects which are from time to time on the property.

Plots of land situated on the road leading from middleton st george to neasham in the county of durham.

Land situate on the road leading from middleton st. George to neasham in the county of durham together with buildings erected thereon or upon and k/a dinsdale s/a golf club, middleton st. George. Together with thereon all fixtures whatsoever now or at any time hereafter affixed or attached to the property or any part thereof other than trade machinery as defined by section 5 of the bills of sale act 1878.