Persons entitled
- John Frederick Stevenson and Robert Henry Stevenson
Amount secured
£187,450 due or to become due from the company to the chargee plus the indexation increase if applicable calculated in accordance with the terms of an option agreement dated 31ST march 1994 (the "agreement") on the said sum to the date of actual payment and in the event that non-development land as defined in the "agreement" is more than 14% of the area of the property (the "excess development land") such sum as represents the difference between the price payable for the "development land" and the non-development land plus the indexation agreement increase in accordance with the "agreement" in respect of the "excess development land"
Short particulars
Land to the north of college view at bear park durham.