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Mr. Michael B. Long <br /> Mr. Jeff Tetrick <br /> Mr. Andrew J. Heinz <br /> July 25, 1995 <br /> Page - 2 <br /> Section 6.3 of the Second Amended Liquidation Plan <br /> provides that: "The Creditors' Trust shall pay property tax claims <br /> in Class 1 from the proceeds of property on which the property <br /> taxes are owned, or as necessary to prevent loss of title to tax <br /> certificate holders. . . . All other net proceeds held by the <br /> Creditors' Trust shall be distributed as follows: " (To other <br /> claimants according to priority. ) <br /> Therefore, out of the proceeds received from the Wildcat <br /> exchange/sale I am redeeming this property in order to prevent a <br /> Tax Deed from issuing. <br /> The remaining proceeds are being allocated as shown on <br /> the schedule attached. <br /> Sincerely, <br /> Louis M. aGiglia <br /> LML/lta <br /> Attachments <br />