[PROPOSED] ORDER GRANTING MOTION FOR ORDER (1) APPROVING AND CONFIRMING SALE OF BELIZE BEACH HOLDINGS LTD. PROPERTY WITHOUT NOTICE, HEARING OR OVERBIDDING AND FOR RELATED RELIEF; AND (2) GRANTING RELIEF FROM LOCAL RULE 66-5 PERTAINING TO NOTICE TO CREDITORS

MIRANDA M. DU, District Judge.

The Motion for Order (1) Approving and Confirming Sale of Belize Beach Holdings Ltd. Property Without Notice, Hearing or Overbidding and for Related Relief; and (2) Granting Relief from Local Rule 66-5 Pertaining to Notice to Creditors ("Belize Property Sale 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 for determination before the Court, the Honorable Miranda M. Du, United States District Judge presiding. The Court, having reviewed and considered the Belize Property Sale Motion, opposition to the Belize Beach Sale Motion, if any, and good cause appearing therefor,

IT IS ORDERED that:

2017 ("Belize Sale Contract") between Belize Beach Holdings Ltd. by and through the Receiver ("Seller") and Ruby Eiley ("Purchaser") attached as Exhibit 2 to the Declaration of Kenton Johnson in support of the Belize Property Sale Motion and pursuant thereto, to sell and transfer to the Purchaser that certain real property referred to as Parcel 1277 Block 7 San Pedro Registration Section, Area 466.67 square yards, "AS IS" together with all buildings and erections thereon in an "AS IS" condition (comprising the "Belize Property") in accordance with the terms and provisions of the Belize Sale Contract;

B. The Receiver is authorized to complete the sale of the Belize Property pursuant to the Belize Sale Contract without further notice, hearing, order or overbidding;

C. The Receiver is authorized to execute all documents and instruments necessary or convenient to complete, implement, effectuate and close the sale of the Belize Property to the Purchaser pursuant to the terms of the Belize Sale Contract, including but not limited to the deed conveying title to the Belize Property;

D. The Receiver is authorized to permit and/or cause to be paid from the proceeds of sale of the Belize Property any ordinary and customary closing costs and expenses required to be paid under the terms of the Belize Sale Contract by the grantor from the proceeds of sale, all sales commissions owing in connection with the sale of the Belize Property, including specifically a sales commission of 8% of the gross sales price pursuant to the Receiver's listing agreement with Christie's International Real Estate ("Broker") dated August 9, 2016, as subsequently extended (the initial listing agreement and extended listing agreements are collectively referred to herein as the "Listing Agreement") attached as Exhibit 1 to the Declaration of Kenton Johnson in support of the Belize Property Sale Motion, and all real property tax liens outstanding and prorated real property taxes due up to the date of closing; and

3. Notice of the Belize Property Sale Motion provided by the Receiver by service of the notice of the filing of the Belize Property Sale Motion and the Belize Property Sale Motion on all parties and by service of the notice of the filing of the Belize Property Sale Motion on all known non-consumer creditors of the estate, and on all known taxing authorities with a potential claim in the receivership estate concurrent with the filing of the Belize Property Sale Motion with the Court, is hereby deemed sufficient notice and opportunity for hearing on the Belize Property Sale Motion under Local Civil Rule 66-5.