Free Order on Motion for Miscellaneous Relief - District Court of Arizona - Arizona

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF ARIZONA ) ) Plaintiff, ) ) vs. ) ) Ronald Stephen Holt; and International ) Funding Association, ) ) Defendants, ) and ) ) Annette Holt; American Assets Limited ) Trust; Leonora Street Trust; Dover ) Childrens Trust; Clarendon Avenue ) Holding Trust; Dublin Holding Trust; ) Jeffery Williams (aka Jeffrey Williams); ) ) Mari Ann Alston; Pacific Central Asset ) Management; and American Benefit Card ) Services, Inc. ) ) Defendants Solely for ) Purposes of Equitable Relief. ) Securities and Exchange Commission,

Cause No. CV 03-1825 PHX PGR ORDER RE: PETITION NO. 24

The Receiver's Petition No. 24 (Doc. 305), Petition for Instructions Regarding Property Located at 10620 North 84th Street, Scottsdale, Arizona , having been filed with the Court and all parties entitled to notice having been notified by service of the Petition in accordance with this Court's Order Re: Petition No. 2, and it appearing to the Court that the relief requested is reasonable and appropriate.

NOW THEREFORE, IT IS ORDERED:

Case 2:03-cv-01825-PGR

Document 312

Filed 10/02/2006

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Authorizing the Receiver to secure and prepare the Property for sale, and market

and sell the Property in accordance with the procedures set forth in this Court's Order Approving Procedures for the Sale of Real Property Re: Petition No. 10 (Doc. #184) and apply the sale proceeds to pay (a) the existing encumbrances, including any secured obligations to the Sellers, (b) all costs of the sale and associated with this petition incurred by the Receiver (3) the amount of court ordered child support payments due and owing by Barry Jordan, and (4) the remaining balance to an appropriate person to hold in trust for the benefit of the children of Barry Jordan, JBT and GAJ; 2. Declaring that the 84th Street Property is a Receivership Asset free and clear of any

interest claimed by Barry Jordan, the East Maricopa Holding Trust, the Roger Mills Trust, Noily Maria Cope, or Maureen Gaughan, and authorize the Receiver to secure the property and market and sell the property and apply the proceeds to existing encumbrances, including any secured obligations to the Sellers, with the balance paid to the Receivership estate. DATED this 11th day of September, 2006.

Case 2:03-cv-01825-PGR

Document 3122 - Filed 10/02/2006

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