What happened to the Kerr Street mortgage?
Tuesday, 24 October 2017
This extract for the TURC's AWU WRA report describes the settlement and finance of the Kerr Street property.
On 22 March 1993, Bruce Wilson as Ralph Blewitt’s attorney signed a transfer of the Kerr Street property as transferee.
On the same, day, 22 March 1993, Bruce Wilson signed as Ralph Blewitt’s attorney a mortgage of the Kerr Street property in favour of Jonathan Malcolm Rothfield. The amount advanced pursuant to the mortgage was $150,000 for three years. Interest was to be charged at a higher rate of 13.75% per annum and at a lower rate of 9.75% per annum, commencing on 22 March 1993.
Also on 22 March 1993 the Commonwealth Bank sent a fax to Slater & Gordon for the attention of Julia Gillard. The facts (sic) related to a certificate of currency for mortgage insurance.
The Mortgage document lodged at the Land Titles office records that on 17 September 1993 the mortgage was transferred to an entity called "Australian Housing Association Pty Ltd".
Here's the Seal of that entity taken from the discharge of mortgage document lodged with Land Titles Victoria.
The ACN 005 428 231 is recorded with ASIC as last being registered to a Victorian entity called NODCO.
NODCO is the name used by Nicholas O'Donohue lawyers.
And here is the complete mortgage file held by Nicholas O'Donohue lawyers.
O'Donohue Blewitt Mortgage File by Michael Smith on Scribd