Notice of Appointment of Receiver of Income
Pursuant to Section 6 of the Receiverships Act 1993
Southern Cross Building Society (“the mortgagee”) is the mortgagee under memorandum of mortgage 6631610.2 (North Auckland Land Registry) dated the 2nd day of November 2005 (“the mortgage”) given by CHESTERTON GROUP LIMITED (“the mortgagor”) in favour of the mortgagee and affecting the leasehold interest in the land in certificate of title 227366 (North Auckland Land Registry), being the property known as Units 1–7, 207 St Johns Road, St Johns, Auckland (“the land”).
The mortgagor is in default under the mortgage and the mortgagee is entitled to appoint a receiver of the income from the land or any part of it, upon such default.
The mortgagee hereby appoints Phillipa Hogarth, c/o Barfoot & Thompson, to be receiver of the income of the land with all the powers conferred upon a receiver in terms of the mortgage and by the law.
The receiver shall at all times be the agent of the company and not of the mortgagee.
Address for Service: Buddle Findlay, Level 17, State Insurance Tower, 1 Willis Street, Wellington.