Notice Type
General Notices
Notice Title

Notice of Entry into Possession of Mortgaged Goods

Publication Date
19 Aug 2024

Tags

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

Notice Number

2024-gn4114

In the Matter of section 156 of the Property Law Act 2007 and in the matter of the Mortgage over goods (a Commercial Loan Facility Agreement dated 24 March 2021 as most recently varied by Variation Disclosure dated 10 March 2023, a Commercial Loan Facility Agreement dated 9 April 2021, as most recently varied by Variation Disclosure dated 13 March 2023 and a Commercial Loan Facility Agreement dated 13 January 2022, as most recently varied by Variation Disclosure dated 13 March 2023 (“Mortgage”) over a 2008 Kenworth K108 truck, Registration No.: LUT195, VIN: 6F50000008A436668; 2010 Patchell commercial trailer, Registration No.: R893D, VIN: 7AT0KJ01X10101007; 2012 Western Star 4884F truck, Registration No.: GPZ187, VIN: 6F5000000BA444332; 2013 Western Star 488Fx truck, Registration No.: GRT785, VIN: 5KKMBECK2DPFB4982; 2012 Patchell 4Sh Mb trailer, Registration No.: U455D, VIN: 7AT0KJ01X12121101; 2013 Patchell 4Sh Mb commercial trailer, Registration No.: U207P VIN: 7AT0KJ01X12121202; 2011 Kenworth T408 truck, Registration No.: GAP524, VIN: 6F5000000BA444332; and 2011 Patchell 4Sh Mb Other trailer Registration No.: S17H VIN: 7AT0KJ01X11110803 (“Collateral”).

Notice is hereby given that on 16 August 2024, Heartland Bank Limited (“Mortgagee”) entered into possession of the Collateral following the failure of the mortgagor, Te Rakau Transport 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 or Email: ctj@ah.co.nz.

C. T. JOLLIFFE, Solicitor for the Mortgagee.