SEYLAN BANK LIMITED-DEHIWELA BRANCH

AUCTION Sale by virtue of authority granted to me by the Board of Directors of Seylan Bank Limited under Section 4 of the Recovery of Loans by Banks (Special Provisions) Act, No.4 of 1990 to sell by Public Auction the property described in the schedule hereto.

Whereas Saumya Chitrani Fonseka of No. 155/5, Honnantara Halgahawatte, Piliyandala and presently at via Cillieggio No.6, Montecattiniterme, Pistoya, Italy as the Obligor/Mortgagor has made default in payment due on the Bond No.401 dated 04th December, 1997 attested by M. E. S. Peiris, Notary Public in favour of Seylan Bank Limited and there is now due and owing to the Seylan Bank Limited as at 3Otb April, 2000 a sum of Rs. 1,599,302.33 together with interest at the rate of Thirty percentum (30%) from 01st May, 2000 to date of sale together with costs of advertising, any other charges incurred less payments (if any) since received.

I shall sell by Public Auction the property described in the schedule hereto on the 30th July, 2001 at 1.00 p.m. at the spot.

Schedule

All that divided and defined allotment of land marked Lot I depicted in Plan No.4531 dated 05th February, 1992 made by H. L. Gunasekera, Licensed Surveyor together with the buildings and everything else standing thereon of the land called Halgahawatta situated in Honnantara in Palle Pattu Salpiti Korale District of Colombo Western Province and bounded on the North by VC Road, on the East by Lot 2, on the South by Halgahaowita claimed by S. Amarabandu and B. D. William and on the West by part of the same land Lot D2A in Plan No.2801 and containing in extent Seventeen Perches (OA.,OR.,17P.) as per the said Plan No.4531 and registered in Volume/Folio M 1901/230 at the Colombo District Land Registry.
Mode of Payments.- The successful Purchaser should pay the following amounts in cash at the fall of the Hammer: Ten Percent of the Purchase Price (10%), One Percent to the Local Authority as sales tax (01%), Two and a Half Percent as Auctioneer's charges (2 1/2%), Notary's attestation fees for conditions of sale Rs. 2,000, Clerks and criers wages Rs. 500, Total costs incurred on the sale. Balance 90% of the purchase price should be deposited with Seylan Bank Limited within 30 days from the date of the sale. Title Deeds and connected documents could be obtained from the Assistant General Manager-Legal, Seylan Bank Limited, Ceylinco Seylan Towers, No.90 Galle Road, Colombo 03. Telephone Nos.: 074- 701256, 074-701274, 074-701291.
I. W. JAYASURIYA, Courts and Commercial Banks No.64, Aruppola Mawatha, 		Recognised Auctioneer. Kandy. Telephone Nos.: 08-233697, 072-223793, 071-755974, Fax No.: 08-233697 07-323/1
