NEDBANK Execution Creditor, and MIDDLE STOP TRUST

NEDBANK, Execution Creditor, and MIDDLE STOP TRUST, 1st Execution Debtor,
NTOBEKO ANDERSON DAKU N.O, 2nd Execution Debtor, and ENID NIKIWE DAKU N.O, 3rd Execution Debtor
In pursuance of a judgment of the above Honourable Court, dated 26th April 2002, and Attachment in Execution dated 10th July 2014, the following property will be sold at Friday, 5th December 2014 at 12h00, at the offices of the Sheriff, North, being Danellyn Building, 12 Theale Street, North End, Port Elizabeth, to the highest bidder subject to the following conditions hereinafter mentioned and to the further conditions which will be read out by the Sheriff at the sale. Erf 7617 & 7618, in extent 363 square metres (Erf 7617) and 546 square metres (Erf 7618). Street address: 28/30 Kabonqaba Street, Motherwell, held by Deed of Transfer No. T63381/2001. Zoning: Business rights. The following information is supplied, but nothing is guaranteed: Description of the property: Including outbuildings. Freestanding building under a zink roof. No boundary walls. One open plan building with kitchen, coldroom, kitchen & toilet. With an open office. Extras: Enclosed carports (one being used for a pool room and the other for seating in Tavern-Area). Main building being used as Shop/Cafe. Conditions of payment: Terms: 10% deposit and Sheriff’s charges at 6% of the proceeds of the sale which shall be paid by the Purchaser up to a price of R30 000,00 and thereafter 3,5% of the balance, up to a maximum fee of R7 000,00, subject to a minimum of R352,00 on the date of sale, the balance against transfer to be secured by a bank or bank guarantee, to be approved by the Plaintiff’s attorneys, to be furnished to the Sheriff within twenty-one (21) days from date of the sale. Conditions of sale: The full conditions of sale lie for inspection at the offices of the Sheriff of the Court, Port Elizabeth North. Tel: (041) 484-3887. Dated at Port Elizabeth on this the 4th day of November 2014.
Karsans Inc., 235 Caledon Street, Uitenhage. (Ref: M Karsan/DM/N1105.)

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