Notice of Appointment of Receiver of Income
Pursuant to Section 8 of the Property Law Act 2007
Trustees Executors Limited (“the mortgagee”) is the mortgagee under memorandum of mortgage 6727486.1 (South Auckland Land Registry) dated the 25th day of January 2006 (“the mortgage”) given by CASABELLA HOLDINGS LIMITED (“the mortgagor”) in favour of the mortgagee and affecting the land in Computer Freehold Registers 169850, 169851, 169852 and 169853 (South Auckland Land Registry), being the properties known as Units 1, 2, 3 and 4, 307 Barton Street, Hamilton (“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 Les Jepson, of Online Realty Limited MREINZ, 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 mortgagor and not of the mortgagee.
Dated this 12th day of March 2009.
This advertisement is inserted by:
GERARD JUSTIN TOEBES, Solicitor for Trustees Executors Limited.
Address for Service: Buddle Findlay, Level 17, State Insurance Tower, 1 Willis Street, Wellington.