507 J Street , Los Banos, CA 93635(Merced County)

1. As a condition of its ability to submit an overbid, any overbidder must notify Plan Administrator of its intent to submit an overbid at least 3 court days prior to the hearing on this motion.

2. Any potential overbidder must submit documentation reasonably requested by Plan Administrator to establish the potential overbidders financial ability to close the transaction.

3. Immediately prior to the hearing on this motion any person wishing to submit an overbid must provide Plan Administrator with a deposit in the amount of $25,000 payable to Stewart Title Company.

4. Any overbidder must submit its bid(s) on the same terms and conditions as set forth in the offer and counter offers, except that the price component shall be fixed at the amount of the successful overbid. Within one day following submission of a successful overbid, the bidder must provide Plan Administrator with a signed contract on the terms and conditions set forth in the original offer and counter offers, except as to price.

5. Closing shall be 15 days following the court approval of the successful bid.

*** Please contact agent for additional information. ***

This 1,200 square foot building was recently updated and was previously used as office space. There is a large front reception area with granite counter tops and tile flooring, along with three offices, concrete block safe room, private restroom, and a storage/server room. The building is 1,200 square feet on a 3,751 square foot lot (0.086 acres).

Sale of the property is subject to court approval and may be subject to overbid and final approval by the Bankruptcy Court. Seller is a court-appointed plan administrator in a Chapter 11 bankruptcy case. Because Seller has limited information regarding the property, the property is being sold AS-IS.