Hutton Grove Ltd

Mb (Syndicates) Limited

Schedule 1 (properties) part 1 registered titles (1) the freehold property known as 12A hutton grove, london, N12 8DT, land registry title number NGL139981 (2) the freehold property known as land lying to the north east of hutton grove, london, land registry title number NGL157089 3 grant of security 3.1 charging clause as a continuing security for the payment and discharge of the secured liabilities, the borrower with full title guarantee: (a) charges to the lender, by way of legal mortgage, all the properties listed in schedule 1 (properties); (b) charges to the lender, by way of fixed charge: (I) all properties acquired by the borrower in the future; (ii) all present and future interests of the borrower not effectively mortgaged or charged under the preceding provisions of this clause 3 in, or over, freehold or leasehold property; (iii) all present and future rights, licences, guarantees, rents, deposits, contracts, covenants and warranties relating to each property; (iv) all licences, consents and authorisations (statutory or otherwise) held or required in connection with the borrower’s business or the use of any charged assets, and all rights in connection with them; (v) all present and future goodwill and uncalled capital from time to time of the borrower; (vi) all the equipment; (vii) all the intellectual property; (viii) all the book debts; (ix) all the investments; and (x) all monies from time to time standing to the credit of its accounts with any bank, financial institution or other person (including each designated account); (c) assigns to the lender, by way of first legal mortgage, all its rights in each insurance policy; (d) assigns to the lender, by way of first fixed charge, to the extent the same are assignable the benefit of the assigned agreements and the benefit of any guarantee or security for the performance of the assigned agreements; and (e) charges to the lender, by way of first floating charge, all the undertaking, property, assets and rights of the borrower at any time not effectively mortgaged, charged or assigned pursuant to clause 3.1(a) to clause 3.1(d) inclusive.