By way of assignment and first fixed charge all the issuers rights title and interest in the series 1998-1 security documents, assignment of the issuer right title and interest in the loan note by way of first floating charge all undertaking property and assets. See the mortgage charge document for full details.

All monies due or to become due from the issuer to the note security trustee and/or any receiver under the deed of charge or the other transaction documents, to the trustee and on trust for the noteholders and couponholders under the trust deed the other transaction documents the conditions the notes and the coupons, to the issuer's administrator under or pursuant to the issuer administration agreement or the deed of charge and all other obligations and liabilities of the issuer to the other beneficiaries under the deed of charge or any of the other transaction documents