SEYLAN BANK LIMITED-DEHIWALA BRANCH

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

AUCTION Sale of all that divided and defined allotment of land marked Lot 4 together with the buildings, trees, plantations and everything else standing thereon depicted in Plan No.7132 dated 15th October, 1989 made by G. L. B. Nanayakkara, Licensed Surveyor of the land called "Kajugahawatta and Kapuwatta" bearing Assessment No.129, Pagoda Road situated along Pagoda Road at Pitakotte within the Urban Council Limits of Kotte in the Palle Pattu of Salpiti Koraie in the District of Colombo Western Province (Land in extent 22.30 Perches)

Together with the right of way in over under and along all that divided and defined allotment of land marked Lot 3 (Reservation for a Road) depicted in Plan No.7132 dated 15th October, 1989 made by G. L. B. Nanayakkara, Licensed Surveyor also all that divided and defined allutment of land marked Lot 2 (Reservation for a Road to use the right of way and other rights mentioned in deed of Gift No.6 dated 15th June, 1989 attested by P. I. M. Kumarasiri, Notary Public) depicted in Plan No.491 dated 01.12.1976 made by D. A. F. Yapa, Licensed Surveyor of the land called "Delgahawatta" situated along Pagoda Road in Pitakotte.

(The Property belonging to Mr. Sella Hennadi Galappaththige Mahindadasa of No.129, Pagoda Road, Pitakotte as the Obligor/ Mortgagor has made default in payment due on Bond No.1367 dated 08th October 1998, attested by D. P. L. H. H. Silva, Notary Public of Colombo)

Under the authority granted to me by the Seylan Bank Limited, I shall sell by Public Auction the above mentioned Property on Monday 30th July, 2001 commencing 10.00 a.m, at the spot.

For Notice of Resolution please refer Government Gazette of 12.04.2001 The Daily News, Dinarnina and Thinakaran of 04.04.2001 and Notice of Sale in the Government Gazette of 13.07.2001.

Mode of Payment:

1. 10% of the Purchase Price at the fall of the Hammer;

2. Balance 90% of the Purchase Price within 30 working days of the Sale;

3. 01% (One Percent) Local Sales Tax payable to the Local Authority;

4. Auctioneer's Commission of 2 1/2% (Two and a Half Percent) of the Sale price;

5. 50% of the Total Cost of Advertising not exceeding Rs. 31,700;

6. Clerk's and Crier's Fee 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 Assistant General Manager, (Legal Department), Seylan Bank Limited, 12th Floor, Ceylinco Seylan Towers, No.90, Galle Road, Colombo 03.

Telephone Nos.: 074-701000,456789.

DUNSTAN AND DALLAS KELAARK,

Court Commissioners and Brokers,

Specialist Auctioneers,

Appraisers and Realtors.

No.381 111, Galle Road,

Colombo 4.

Telephone No.: 591167,

Telephone/Fax Nos.: 584874, 500838,

Hot Line: 0722-50422.

07-360
