| English term or phrase: first mortgage or charge | Из статьи меморандума "Цели акционерного общества":
4.4 To buy, own, hold,subdivide, lease, sell, rent, prepare building sites, construct,
reconstruct, alter, improve, decorate, furnish, operate, maintain, reclaim or
otherwise deal with and/or develop land and buildings and otherwise deal in real
estate in all its branches, to make advances upon the security of land or houses or
other property or any interest, therein, and whether erected or in the course of
erection and whether on *first mortgage or charge* or subject to a prior mortgage or
mortgages or charge or charges, and to develop land and buildings as may seem
expedient but without prejudice to the generality of the foregoing
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