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FEDERAL TRADE COMMISSION v. JOHNSON, 2:10-CV-02203-MMD-GWF. (2014)

Court: District Court, D. Nevada Number: infdco20141021i22 Visitors: 2
Filed: Sep. 22, 2014
Latest Update: Sep. 22, 2014
Summary: [PROPOSED ] ORDER GRANTING MOTION FOR ORDER: (1) APPROVING AND CONFIRMING SALE OF 1749 BOULDER MOUNTAIN ROAD, ST. GEORGE, UTAH AND FOR RELATED RELIEF; AND (2) GRANTING RELIEF FROM LOCAL RULE 66-5 PERTAINING TO NOTICE TO CREDITORS MIRANDA M. DU, District Judge. The matter of the Motion for Order: (1) Approving and Confirming Sale of 1749 Boulder Mountain Road, St. George, Utah and for Related Relief; and (2) Granting Relief from Local Rule 66-5 Pertaining to Notice to Creditors ("Motion") fil
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[PROPOSED] ORDER GRANTING MOTION FOR ORDER: (1) APPROVING AND CONFIRMING SALE OF 1749 BOULDER MOUNTAIN ROAD, ST. GEORGE, UTAH AND FOR RELATED RELIEF; AND (2) GRANTING RELIEF FROM LOCAL RULE 66-5 PERTAINING TO NOTICE TO CREDITORS

MIRANDA M. DU, District Judge.

The matter of the Motion for Order: (1) Approving and Confirming Sale of 1749 Boulder Mountain Road, St. George, Utah and for Related Relief; and (2) Granting Relief from Local Rule 66-5 Pertaining to Notice to Creditors ("Motion") filed by Robb Evans of Robb Evans & Associates LLC ("Receiver"), the Receiver pursuant to the Court's Preliminary Injunction Order issued February 10, 2011, came on regularly before the Court for determination, the Honorable Miranda M. Du, United States District Judge presiding. The Court having reviewed and considered the Motion and all pleadings and papers filed in support thereof, and response or opposition thereto, if any, and good cause appearing therefor,

IT IS ORDERED that:

1. The Motion and all relief sought therein is granted in its entirety; 2. Without limiting the generality of the foregoing:

A. The Receiver's proposed sale of the real property located at 1749 Boulder Mountain Road, St. George, Utah ("Boulder Mountain Property") for a purchase price of $410,000, all cash and without any financing contingency, to JLand ZDW Painter Irrevocable Trust ("Buyer") pursuant to the Real Estate Purchase Contract dated as of January 24, 2014 together with Addendum No. 1 with the Additional Terms provisions and "As-Is" Sale Attachments thereto and Addendum No. 2 (collectively the "Purchase Agreement"), a true and correct copy of which is attached as Exhibit 2 to the Declaration of M. Val Miller filed in support of the Motion, is hereby approved and confirmed;

B. The Receiver is authorized to execute all documents and instruments necessary or convenient to complete, implement, effectuate and close the sale to the Buyer pursuant to the terms and conditions of the Purchase Agreement and the order to be entered on the Motion, including but not limited to authorizing the Receiver to execute the deed conveying title to the Boulder Mountain Property to the Buyer;

C. The Receiver is authorized to permit and/or cause to be paid from the proceeds of sale of the Boulder Mountain Property all ordinary and customary closing costs, all costs and expenses required to be paid under the terms of the Purchase Agreement by the seller from the proceeds of sale, all commissions provided for in the Exclusive Right to Sell Listing Agreement and the Purchase Agreement attached as Exhibits 1 and 2, respectively, to the Declaration of M. Val Miller filed in support of the Motion, the balance due under the first deed of trust encumbering the Boulder Mountain Property in favor of Academy Mortgage as disclosed by the title policy pertaining to the Boulder Mountain Property, a true and correct copy of which is attached as Exhibit 3 to the Declaration of M. Val Miller in support of the Motion, and all real property taxes due up to date of closing;

D. The Receiver is authorized to complete the sale of the Boulder Mountain Property without further notice, order or overbidding under the circumstances;

E. Notice of the Motion is deemed sufficient under Local Civil Rule 66-5 based on the service of the notice of filing of the Motion and the Motion on all parties and the affected lienholders, and service of the notice of the filing of the Motion on all known non-consumer creditors of the estate and known taxing authorities with a potential claim in the receivership estate concurrent with the filing of the Motion with the Court.

Source:  Leagle

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