Persons entitled
- National Westminster Bank PLC
Amount secured
The monies advanced and to be advanced pursuant to the facilities by the chargee to the company as described in the deed of mortgage
Short particulars
One half of the net proceeds of sale and the net rents and profits until the sale of all the land (as defined in the deed of mortgage) and all other the interest of the company under the trusts affecting the land to hold unto the bank subject to the provision for redemption and all that interest of the company in the trust property as defined by a declaration of trust and co-ownership agreement between the company and lloyds bank PLC dated 21 november 1997 excepting that already charged pursuant to clause 2.1 of the deed.