3584 NEW ZEALAND GAZETTE No. 148

R e m e d y

You are hereby required to remedy the said default:

(a) By paying to the mortgagee the sum of $1,157,568.20.

(b) By paying to the mortgagee interest on the sum of $270,728.03 at the rate of 11.0 percent per annum being $81.59 per day from 10 September 1998.

(c) By paying to the mortgagee interest on the sum of $309,575.95 at the rate of 11.0 percent per annum being $81.59 per day from 10 September 1998.

(d) By paying to the mortgagee interest on the sum of $505,495.88 at the rate of 23.2 percent per annum being $321.30 per day from 10 September 1998.

(e) By paying to the mortgagee the sum of $550 being the costs of this notice and incidental thereto.

C o n s e q u e n c e s

If you do not remedy each default before 20 October 1998, the mortgagee will have the right to sell the land described in the mortgage or to enter into possession of the land, and all other rights conferred on the mortgagee by the mortgage will immediately become exercisable (to the extent that they have not already) and all money secured by the mortgage will immediately become payable (to the extent that it has not already).

Dated the 10th day of September 1998.

Westpac Banking Corporation by its solicitors and duly authorised agents, Messrs Brookfields, per:

M. J. FISHER.

Note: This notice is given by the mortgagee whose address for service is at the offices of Brookfields, Lawyers, Twelfth Floor, 19 Victoria Street West, Auckland 1.

Documents for service on the mortgagee may be left at the address for service or may be:

1. Posted to the solicitor at P.O. Box 240, Auckland 1; or

2. Left for the solicitor at document exchange for direction to D.X. C.P. 24-134.

gn6565

Notice of Default Under Mortgage

In the matter of section 92 (1) of the Property Law Act 1952, and in the matter of memorandum of mortgage No. 786630/3 over the land comprised and described in certificate of title 26K/113 (Canterbury Registry).

To: Wilfred Francis David Bisset, 11 Davidson Street, Ashburton.

D e f a u l t

Westpac Banking Corporation being the mortgagee under the above-mentioned memorandum of mortgage hereby gives you notice that you are in default under the mortgage as follows:

You have failed to pay upon the demand as required by the mortgage and specified in notices of demand dated 24 August 1998 the moneys secured by the mortgage and there is due and owing to the mortgagee as at 10 September 1998 the sum of $1,157,568.20 made up as follows:

(Interest accrues at 11.0 percent – daily accrual $81.59)

| | |
| Term loan | 309,575.95|
| Interest accrued | 6,014.53 |

(Interest accrues at 10.0 percent – daily accrual $84.42)

| | 617,424.94|

| Rotowiper International Limited | | |
| Overdraft | 505,495.88|
| Interest accrued | 34,141.93 |
| Bank charges | 505.50 |

(Interest accrues at 23.2 percent – daily accrual $321.30)

| | 540,143.31|

| TOTAL | | $1,157,568.20|

R e m e d y

You are hereby required to remedy the said default:

(a) By paying to the mortgagee the sum of $1,157,568.20.

(b) By paying to the mortgagee interest on the sum of $270,728.03 at the rate of 11.0 percent per annum being $81.59 per day from 10 September 1998.

(c) By paying to the mortgagee interest on the sum of $309,575.95 at the rate of 11.0 percent per annum being $81.59 per day from 10 September 1998.

(d) By paying to the mortgagee interest on the sum of $505,495.88 at the rate of 23.2 percent per annum being $321.30 per day from 10 September 1998.

(e) By paying to the mortgagee the sum of $550 being the costs of this notice and incidental thereto.

C o n s e q u e n c e s

If you do not remedy each default before 20 October 1998, the mortgagee will have the right to sell the land described in the mortgage or to enter into possession of the land, and all other rights conferred on the mortgagee by the mortgage will immediately become exercisable (to the extent that they have not already) and all money secured by the mortgage will immediately become payable (to the extent that it has not already).

Dated the 10th day of September 1998.

Westpac Banking Corporation by its solicitors and duly authorised agents, Messrs Brookfields, per:

M. J. FISHER.

Note: This notice is given by the mortgagee whose address for service is at the offices of Brookfields, Lawyers, Twelfth Floor, 19 Victoria Street West, Auckland 1.

Documents for service on the mortgagee may be left at the address for service or may be:

1. Posted to the solicitor at P.O. Box 240, Auckland 1; or

2. Left for the solicitor at document exchange for direction to D.X. C.P. 24-134.

gn6566

Notice of Entry into Possession of Mortgaged Property

Pursuant to Section 104nd of the Property Law Act 1952

Take notice that on the 7th day of September 1998, Westpac Banking Corporation by virtue of memorandum of mortgage No. 416020.2 (Taranaki Registry), entered into possession of the property situated at 197A South Road, Hawera, being all the land comprised in certificate of title J4/456.

The registered office of Westpac Banking Corporation is 318–324 Lambton Quay, Wellington.