Notice Title

Notice of Entry Into Possession of Mortgaged Goods

Publication Date
16 Oct 2024

Tags

Property Law Act Entry into possession of mortgaged goods/land/property

Notice Number

2024-gn5336
Title
View PDF
File Type and Size
PDF (23 KB)

In the matter of section 156 of the Property Law Act 2007 and in the matter of the Mortgage over goods (a Business Loan and Security Agreement dated 17 December 2021, a Commercial Loan Facility Agreement dated 2 February 2022, a Commercial Loan Facility Agreement dated 11 October 2022 as most recently varied by Variation Disclosure dated 5 January 2024, a Commercial Loan Facility Agreement dated 9 November 2022 as most recently varied by Variation Disclosure dated 13 June 2023, a Commercial Loan Facility Agreement dated 8 June 2023 and a Commercial Loan Facility Agreement dated 19 March 2024) (“Mortgage”) over: a 2007 Opinion Curtainsider Trailer Registration No. K722M VIN: 7A8H9000207288955; a 2009 Freightliner Argosy Registration No. EWS5 VIN: 1FVMAWCK69LAG7456; a 2003 Freightliner other commercial Registration No. 32A31 VIN: 7A9RBC4SX3F007587; a 2003 Fruehauf TGX Registration No. C232F VIN: 7A9RBC4SX3F007654; a 2020 Hino 700 Registration No. NCS916 VIN: JHDFY1EULXXX10550; a 1998 Steelbro SB6172 4 Axle trailer Registration No. 305I VIN: 7A9S61722V1005000; and a 2021 Ford Ranger FX4 Double cab Registration No. NZF241 VIN: MPBUMFF60MX361921 (“Collateral”).

Notice is hereby given that on 14 October 2024, Heartland Bank Limited (“Mortgagee”) entered into possession of the Collateral following the failure of the mortgagor, PS Logistics Limited (in liquidation) to comply with the terms of the Mortgage.

The registered office of the Mortgagee is Level 3, Heartland House, 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. Phone: (03) 379 0920. Email: crv@ah.co.nz.

C. R. VINNELL, Solicitor for the Mortgagee.