Uganda Ecumenical Church Loan Fund Ltd v Mary Florence Nabiyinja Mbuga - (HCT-00-CC-OS 1 of 2005)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court determined that UGX 7,430,000.00 principal plus interest at 20% per annum from 15 August 1997 was due from the principal borrower. The mortgagor was ordered to pay within three months, failing which the plaintiff may seek foreclosure under Mortgage Act s.8. General damages were dismissed as not available under Order 34 Rule 3A proceedings.
Outcome
Matter adjourned for three months with liberty to plaintiff to return for foreclosure order if mortgagor fails to pay
Facts
The defendant was registered proprietor of Block 254 Plot No. 145 at Kasanga. She granted a power of attorney dated 23 July 1997 to M/S Tweyambe Kitodha Development Group authorising use of the property as security for a loan from the plaintiff. The principal borrower signed a mortgage deed with the plaintiff but the deed was never registered with the Registrar of Titles. The principal borrower defaulted on repayment of the loan of UGX 7,430,000.00. The plaintiff sought foreclosure and sale of the mortgaged property. The defendant did not contest the claim. Efforts at personal service had failed and the last service was by substituted service.
Issues
- Whether the mortgagee/plaintiff is entitled to foreclose the mortgagor's right of redemption of the suit property.
- Whether the mortgagee/plaintiff is entitled to sell the suit property.
- Whether the mortgagee/plaintiff is entitled to an order for payment of UGX 7,430,000.00, interest thereon and general damages for breach of contract.
- Whether the defendant/mortgagor should pay the costs of this suit.
- Whether general damages are recoverable under Order 34 Rule 3A proceedings.
Orders
- The mortgagor is to pay UGX 7,430,000.00 principal plus interest at 20% per annum from 15 August 1997 to 22 February 2005, plus interest at court rate from 22 February 2005 until payment in full, within three months expiring 31 August 2005.
- In event of default, the plaintiff may return to court for an order of foreclosure.
- The mortgagor/defendant is to be notified of this order through a newspaper with national circulation.
- The claim for general damages is dismissed.
- The defendant shall bear the costs of these proceedings.
Rules and key headnotes
Legislation cited (3)
- Mortgage Act s.8
- Mortgage Act s.9
- Order 34 Rule 3A
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.