Notice Type
General Notices
Notice Title

Notice of Entry into Possession of Mortgaged Goods

In the matter of section 156 of the Property Law Act 2007 and in the matter of the mortgage over goods (the Business Loan and Security Agreement dated 13 November 2020, a Business Term Facility Agreement dated 27 January 2021 as varied by the Variation Disclosure dated 14 March 2022, a Commercial Loan Facility Agreement dated 17 November 2020 as varied by the Variation Disclosure dated 28 June 2022, a Commercial Loan Facility Agreement dated 17 November 2020 as varied by the Variation Disclosure dated 28 June 2022, a Commercial Loan Facility Agreement dated 27 September 2021 as varied by the Variation Disclosure dated 28 June 2022 and a Commercial Loan Facility Agreement dated 20 October 2021 as varied by the Variation Disclosure dated 30 June 2022) (“mortgage”) over a 2020 Hyundai Tucson Elite Registration No.: MYE887 VIN: TMAJ3813MLJ011306, a 2005 Sumitomo SH330-3 Excavator Serial No.: 20448, a 2005 Warratah HTH626 processing head Serial No.: 234135, a 2007 Caterpillar D6k XL Bulldoxer VIN: CATOOD6KCFBHOO412, a 2006 Hyundai Robex 290LC-7A excavator chassis N80911309 with log grapple Serial No.: ROI4ZPH, a 2007 Kobelko SK350LC Serial No.: YC10-03592, a 1982 Madill log hauler 017 KS-300-21 Serial No.: 70223, a 2019 Satco 3L2T Processing Head Serial No.: 26974, a 2013 Caterpillar 336DL excavator with 2017 Satco processing head Serial No.: CAT0336DAWRK00535; and a 1995 Timberjack 1210B Articulated Forwarder (“collateral”).

Notice is hereby given that on 23 September 2022, Heartland Bank Limited (“Mortgagee”) entered into possession of the collateral following the failure of the mortgagor, Parker Logging Limited to comply with the terms of the mortgage.

The registered office of the Mortgagee is Level 3, 35 Teed Street, Newmarket, Auckland.

Communications regarding the collateral may be addressed to Anthony Harper, Level 9, Anthony Harper Tower, 62 Worcester Boulevard, Christchurch or PO Box 2646, Christchurch.

C. R. VINNELL, Solicitor for the Mortgagee.