Notice of Entry Into Possession of Mortgaged Property In the matter of the Property Law Amendment Act 1993, and in the matter of Love Church Limited at Palmerston North: UDC Finance Limited at Wellington, as first mortgagee under memorandum of mortgage B. 474882.4 (Wellington Registry) of the interest of Love Church Limited at Palmerston North as mortgagor of the Principal Units and Accessory Units listed in the Schedule below, hereby gives notice of its entry into possession of those Principal Units and Accessory Units referred to in the Schedule by receipt of income from the grant of a tenancy of Principal Unit P2 on or about 20 June 1998 and by entry into possession on 6 July 1998 of the remaining Principal Units and Accessory Units referred to in the Schedule to the exclusion of Love Church Limited. Communications to UDC Finance Limited may be sent to UDC House, 35 Graham Street, Auckland or to P.O. Box 9145, Auckland Mail Centre 1030 (Attention: Andy Cutler). Schedule Principal Units S1, S2, S3, S4, 1A, 1B, 1C, 1D, 1E, 1F, 1G, 2A, 2B, 2C, 2D, 2F, 2G, 3A, 3B, 3C, 3E, 3G, P2, P3 and associated Accessory Units all on Unit Plan 82337 (Wellington Registry) and located in the Maddison Building, corner of Rangitikei and Queen Streets, Palmerston North. This notice is given by UDC Finance Limited by its solicitors: RUDD WATTS & STONE. P.O. Box 2793, Wellington.