The property secured by way of legal mortgage in the principal deed dated 13.7.76.

Fixed charge over f/h - property 150 - 160 (even nos) london rd. E. grinstead W. sussex. & parts of 162-170 (even nos) london rd and of 2-6 (even nos) st. James's rd. East. Grinstead. Aforesaid and a floating charge over all moveable plant machinery implements utensils building materials furniture and equipment now or from time to time placed on or used in or about the before mentioned properties. Title nos. Wsx 6562 wsx 67794 sx 159224 sx 135518 wsx 73509.

The amount of 6% funding stock 1993 purchased as at the date of the said deed of substitution and charge with the sum of £545,000.