HATTON NATIONAL BANK LIMITED-NUGEGODA BRANCH

Sale under Section 4 of the Recovery of Loans by Banks (Special Provisions) Act, No.4 of 1990

AUCTION Sale of Two commercial properties, valuable, divided and defined commercial allotment of land marked Lot 6, together with the buildings and everything standing thereon, depicted in Plan No.332 dated 26.09.1966 made by T. A. Burah, Licensed Surveyor, from and out of the land called "Millagahawatte". (Land in extent 10.07 Perches), bearing Assessment No.31110, Wekanda Lane, situated at Jambugasmulla in Gangodawila within the Pradeshiya Sabha Limits of Maharagama in the Palle Pattu of Salpiti Korale in the District of Colombo, Western Province.

Under the authority granted to me by the Hatton National Bank Limited, I shall sell by Public Auction the above-mentioned property on Wednesday, 1st August, 2001 commencing 9.00 a.m. at the spot. On the same day at 10.00 a.m, two valuable, divided and defined allotments of land marked Lots Bl and B3 together with the buildings and everything standing thereon, depicted in Plan No.1672 dated 20.11.1991 made by P. D. G. Weerasinghe, Licensed Surveyor from and out of the land clilled "Siyambalagahawatte", situated at Nampamunuwa Village within the Pradeshiya Sabha Limits of Kesbewa in the Plille Pattu of Slilpiti Korlile in the district of Colombo, Western Province. (Lands in extent LotB 1- 15 Perches, Lot B3 -8 Perches).

Together with the right of way over the Iillotment of land depicted as Lot B2, in Plan No. 1672 dated 20.11.1991. (The property mortgaged to the Hat
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ton National Bank Limited by Flexport (Private) Limited).

For Notice of Resolution please refer Government Gazette of 24;11.2001, Daily News, Thinakaran and Divaina of 10.01.2001 and Notice of Sale in the Government Gazette of 13.06.2001.

Mode of Payments:

(1) 10% of the purchase price at the flill of the Hammer;

(2) Blilance 90% of the purchase price within 30 working days of the slile;

(3) 1% (one percent) local sliles tax payable to the Loclil Authority;

(4) Auctioneer's commission of 2 112% (Two and a hlilf percent) of the slile price;

(5) 50% of the total cost of advertising not exceeding Rs. 31,071;

(6) Clerk's and Crier's fees Rs. 500;

(7) Notary's attestation fees for Conditions of Sale Rs. 2,500.

Title Deeds and other connected documents may be inspected and obtained from the Senior Manager-Legal (Recoveries), Hatton National Bank Limited, Hemachandra Building, No.10, R A. De Mel Mawatha, Colombo 3.

Telephone Nos.: 304271, 445510, 075 -335208.

DUNSTAN AND DALLAS KELAART,

Court Commissioners and Brokers,

Specialist Auctioneers,

Appraisers and Reliltors.

No.381 1/1, Galle Road,

Colombo 4.

Telephone No.: 591167,

Telephone/Fax: 584874, 500838,

Hot Line: 0722 50422,

E-Mail: ddkauc@eureka.1k

07-359
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