Notice for titus hajo deboer & virginie deboer

Page 1

NOTICE IN THE MATTER OF THE REGISTERED LAND ORDINANCE AND IN THE MATTER OF A CHARGE REGISTERED OVER PARCEL 60713/46 CHESHIRE HALL & RICHMOND HILL, PROVIDENCIALES, TURKS & CAICOS ISLANDS.

To:

Titus Hajo deBoer and Virginie deBoer Providenciales Turks & Caicos Islands Via Hand Delivery

TAKE NOTICE THAT, you have failed to make the payments due as required under the

above-mentioned Charge registered as instrument number

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 151h August 2013 the outstanding sum of principal and all interest accrued thereon amounts to $786,600.17 representing principal of $490,025.40 and interest of$169,916.39, additional fees and charges of$126,658.38 and continuing thereon at the per diem interest rate of$107.40. For queries related to this Notice please contact Scotiabank (Turks and Caicos) Limited Collections Department.

Dated this 27th day of August 2013

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MISICK and STANBROOK Attorneys for the Chargee


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