By way of legal mortgage that part of the billingham process park,billingham,stockton-on-tees on which the incinerator is to be built and operated and/or the proceeds of sale thereof. A specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill bookdebts and the benefits of any licences.

All monies due or to become due from the company to the chargee on any account whatsoever