WELLINGTON SQUARE DEVELOPMENT COMPANY LIMITED

L/Hold property known as land and premises at wellington square,stockton on tees and being all that piece of land to the rear of and west of high street bounded by dovecot street,nelson terrace,john street and bishopton lane,stockton on tees. Fixed charge all buildings and other structures fixed to the property fixed charge any goodwill relating to the property fixed charge all plant machinery and other items affixed to the property assignment of the rental sums together with the benefit of all rights and remedies fixed charge the proceeds of any claim made under insurance policy relating to the property floating charge all unattached plant machinery chattels and goods on or in or used in connection with the property or the business or undertaking at the property.

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

Full title guarantee has assigned the rental income to the chargee by way of fixed charge and the chargee undertakes the rental income to the chargor. See the mortgage charge document for full details.