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<br /> � � � � EXNIB�T.�3 9r- �
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<br /> IN THE UNITED S'TA'fES BANKRUPTCY COilIZT
<br /> FOR THE DISTRICT OF N'EBRASKA
<br /> �., ,�- • ,,, ..., i ; ,�
<br /> _ , . . , ,
<br /> IN 12E: , ) CASE NU. BIC 96-80608
<br /> � i:- - � ) . :,' Chapter 7
<br /> AEE LINE MOTOR FREIGHT, ��j
<br /> .
<br /> Debtor. )
<br /> MOTd��3�R Ol[3DE�L AiJ'd'�iORIZIMG SALE
<br /> OF REAL PRUPERTY F'REE AND CLEAR OF LIENS
<br /> �j�DIS'��1�k„�,?'['ION OF PROCEEDS
<br /> Comes now 1'�o�uas A. Stalnaker,Txustee herein(hereinaRer"Trustee")and respoctfully
<br /> states as follows:
<br /> l. ll�tur filed its petiYion for relief under Chaptea 7 of the Battiauptcy Code on March
<br /> . 25, 149�E'i.On Maz+ch 27�1946,movant was appointod Ti mustee,duly qualified a�r�i is now acting as
<br /> such Tnut�herein.
<br /> 2, Amr.��r�,the assets of this�xtate is the real property describad as:
<br />. Lots 23,24 and 25,Wildwood Subdivision to Hall County,Nebr��a,
<br /> a part of the Northeast Quartcr(N�%.)of Section 12,Townshit�q 0
<br /> North,Range 10 West of the 6'"P.M. (3391 Cou�s�r;�rive,Grand
<br /> Island,Nebraska)
<br /> 3. Trustee has entertd into a Purcheso Contract with American Fnig��tvvAys Cocporarion
<br />- ' (hcreinaflx "Purchaser"),as amendod by�n Add�endum to Purchase A�c+eement,subjxt w approval
<br /> of this Couct,for the sale of said real property. C�pies of said Purchase Contrac�,�d Addendum are
<br />= attuchad her+eto,marked L�xhibit"A",and incorporated herein by thxs c+aferenc,�.. .
<br />- 4, Purchaserproposes to purchase said real pmperty for the sum of�A 85,000.00 payabla
<br /> in cash e�pon clasing. Closing shall occur on or about May 27, 1997.
<br /> . . �. To the best of Trustee's knowledge,results of this sale will nat produce any tax
<br /> �. �tiabitiry for this estate.
<br /> ` 6. Any liens upon thc said real property to be soid pursuaiet tn tho Pia�r��ase Contract and
<br /> ��,
<br /> ' Addendum shall attach t le to ttAC samc extent and with tl�e same priorities as they
<br /> � �. attach to Ihe property � AC�
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