NOTICE IN THE MATTER OF THE REGISTERED LAND ORDINANCE AND IN THE MATTER OF A CHARGE REGISTERED OVER PARCEL 60719/193, CHESHIRE HALL AND RICHMOND HILLS, PROVIDENCIALES, TURKS & CAICOS ISLANDS. To:
Christopher Michael Wright C/o Ceramex 14 Rue Rigaud Petion Ville, Haiti Phone: 5093-746-8867 Via Hand Delivery
TAKE NOTICE THAT, you have failed to make the payment due as required under the abovementioned Charge dated 261h June, 2009 and registered on the above mentioned Charged Property as instrument number 1462/09 at the Turks and Caicos Land Registry within the time limit required under the terms of the Charge and the said default has continued for more than one month. Without prejudice to any earlier notice in respect of interest, Notice is hereby given that unless payment in full of all outstanding balances of principle and interest is paid within three months of the date of service of this Notice upon you, the Chargee shall exercise all rights contained in the said Charge and under section 72 of the Registered Land Ordinance including, without prejudice to the generality of the foregoing, their right to appoint a Receiver and/or sell the Charged Property. For the avoidance of doubt as at 20th August 2013 the outstanding sum of principal and all interest accrued thereon amounts to $505,029.60 representing principal of $450,000.00 interest on principal of $55,029.60 with continuing interest at the rate of NY prime interest rate+ 4 %. For queries related to this Notice please contact Royal Bank of Canada Collections Department.
Dated this 23rd day of August 2013
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MISICK and ST ANBROOK Attorneys for the Chargee