All monies. Mortgage the hereditaments and premises comprised in an indenture of lease dated 1/5/97 made between british telecommunications PLC of the first part, bt property LTD of the second part and adrem investments LTD of the third part and therein described as "all that piece of ground being portion of londonderry old tele- phone exchange and which said premises are situate in the parish of templemore and city of londonderry in the county of londonderry and are more particularly delineated and described on the map or ground plan thereof annexed hereto and thereon surrounded by a red line toget- her with a right of way for an emergency exit over the area hatched green on the map and ground plan annexed hereto" see doc 16 for further details.

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