Debenture holders to have first charge on Gehan, mortgages, hypothecations etc

The holders of the debentures shall have a floating charge on-(i) all such Gehan, mortgages, hypothecations and assets;(ii) the amount paid under such Gehan, mortgages, hypothecations and remaining in the hands of the State Bank or of the trustee; and(iii) the other properties of the State Bank.