Error in Version 5

Hi,
I have downloaded a Virtual Image of ERPNext and then I have updated it.
Now when I did login first time, it is asking me few things for initial setup after providing all the details when I finally click complete setup, system get stuck and raise ans error

Setting this Address Template as default as there is no other default
Duplicate name Activity Type Manufacturing
Another transaction is blocking this one. Please try again in a few seconds.