NOTICE IN THE MATTER OF THE REGISTERED LAND ORDINANCE AND IN THE MATTER OF A CHARGE REGISTERED OVER PARCEL 60002/150, NORTH WEST & NORTH CENTRAL, PROVIDENCIALES, TURKS & CAICOS ISLANDS. To:
Kent Nichalous Marajah and Sherryl Dawn Marajah Providenciales Turks & Caicos Islands Via Hand Delivery
TAKE NOTICE THAT, you have failed to make the payments due as required under the above-mentione~
Charge
regist~red
under the terms of the Charge .
as instrument number 1934/09 within the time. limit required
a~d
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the said default has continued for more than one month .
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Without prejudice to any earlier notice in respect of interest, Notice is hereby given that unless payment in full 'of all otitstaridib'g balances of principle and interest is paid within three months :
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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 April 22nd, 2013 the outstanding sum of principal and all interest accrued thereon amounts to $182,852.36 representing principal of $163,848.76 and interest of $7,870.34, additional fees and charges of $11,133.26 and continuing thereon at the per diem interest rate of $35.68.
For queries related to this Notice please contact Scotiabank (Turks and Caicos) Limited Collections Department.
Dated this 9th day of May 2013
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MISICK and STANBROOK Attorneys for the Chargee