SEYLAN BANK LIMITED-HOMAGAMA BRANCH

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 Handapangoda Mudalige Mahendra Gunesekara carrying on business as Sole Proprietor under the name style and firm of Vijitha Enterprises at No.4411, Horana Road, Padukka as the Obligor/Mortgagor have made default in payment due on Bond No.271 dated 18.08.1995 attested by A. W. A. Emmanuel, Notary Public in favour of Seylan Bank Limited and there is now due and owing to the Seylan Bank Limited as at 30.06.1999 a sum of Rs. 310,863.28 together with interest at the rate of 30% per annum from 01.07.1999 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 day of July, 2001 at 3.30 p.m. at the spot.

Schedule All that allotment of land marked Lot 10 in Plan No.2943 dated 10.10.1988 made by Sena Iddamalgoda, Licensed Surveyor of the land called Kalukallelanda or Namanathikovilelanda and Etaheraliyagahawatta situated at Weragala in the Meda Pattu of Hewagam Korale within the Pradeshiya Sabha Limits of Seethawaka-Hanwella in the District of Colombo Western Province and bounded on the North by Lot 9, on the East by Lot 11, on the South by Lot 16 (Reservation for a road) and on the West by Lots 7 and 8 (more correctly Lot 7 only) and containing in extent Twenty Perches (OA.,OR.,20P.) according to the said Plan No.2943 and registered under title N1131160 at the Avissawella land Registry.

Together with the right of way in over under and along all that allotment of land marked Lot 15 (Reservation for Road 20 feet wide) depicted in plan No.2928 dated 24.09.1988 made by Sena Iddamalgoda, Licensed Surveyor of the aforesaid land.

All that allotment of land marked Lot 16 (Reservation for road 15 feet wide) depicted in Plan No.2943 dated 10.10.1988 made by Sena Iddamalgoda, Licensed Surveyor of the aforesaid land.

All that allotment of land marked Lot 16 (Reservation for Road 20 feet wide) depicted in Plan No.2941 dated 01.10.1988 made by Sena Iddamalgoda, Licensed Surveyor of the aforesaid land.

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 (2 112%), 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,

No.64, Aruppola Mawatha, Courts and Commercial Banks

Kandy. Recognised Auctioneer.

Telephone Nos.: 08-233697, 072-223793,071-755974,

Fax No.: 08-233697

07-323/2
