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1993-01-18_GENERAL DOCUMENTS - C1981017
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1993-01-18_GENERAL DOCUMENTS - C1981017
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Last modified
1/25/2021 1:52:26 PM
Creation date
5/1/2012 10:35:03 AM
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DRMS Permit Index
Permit No
C1981017
IBM Index Class Name
GENERAL DOCUMENTS
Doc Date
1/18/1993
Doc Name
Case No. 92 11658 Debtors First/Second Amended Plan of Liquidation
Permit Index Doc Type
General Correspondence
Media Type
D
Archive
No
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DRMS Re-OCR
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Signifies Re-OCR Process Performed
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3.2 Class 3. The Class 3 claim (Caterpillar) shall be <br /> paid by the Debtor in full and in cash on the Effective Date. <br /> 3.3 Class 7 . Each Allowed Claim in Class 7 (general <br /> unsecured claims not exceeding $200) shall be paid by the Debtor in <br /> full and in cash on the Effective Date. <br /> ARTICLE IV <br /> TREATMENT OF CLASSES WHICH ARE IMPAIRED UNDER THE PLAN <br /> 4 . 1 Class 2 . The Class 2 claim (Patsantaras) shall be <br /> paid in full and in cash upon sale of the real property securing <br /> her claim, or on the third anniversary of the Effective Date, <br /> whichever occurs first. The claim shall accrue interest at the <br /> contract rate until the Effective Date, and thereafter shall accrue <br /> interest at the rate of 6% per annum until payment. Pending <br /> payment, the Class 2 claimant shall retain her lien on the Debtor's <br /> real property. <br /> 4 .2 Class 4. The Class 4 claim (Sanwa) shall be <br /> . <br /> ;� ;ais< ri . -`flrii3:<Cs <br /> ;,,,,,;,;,,,,,i- .:: ?.::--. ':::'.. v.•yrrii•�'4ff:•\ vi:?->r.�i:f'�:tf:•:• <br /> �e���r►��;�:: :�;.<>csf:::�$i� �?��rf �a}� �����:�����e�s.,t..�rQs�i�r aeee�� <br /> � r€ eee � et �g1-ate. Sanwa shall not participate as a <br /> Class 9 (general unsecured) creditor with respect to any portion of <br /> its Allowed Claim which exceeds the value of its interest in the <br /> Debtor's property. <br /> 4.3 Class 5. <br /> {•+.v:•; };.tv.,•nv q....K Y?'i?•t'??•i?:^'-:•:•.�?.,1., 4;nh•. -r w.:f.{•. :......................... <br /> :..:....;.. r....:<:;......x <br /> ><if:>< rs <br /> 4•ti• /,J <br /> .:•::::::::..:.ni.:r;,':; ...�-; �• tom:ti:Li:+. <br /> sh'a1Y"receive tesotir <br /> arit �r .... <br /> I. <br /> so-wb'v:.•.':>:fK'air"raf»:bfofcta'aGfoG;donafria>:.+ 'oGfir.'•iiccci i^:::-..,•+.w:•:o;;:: <br /> (i) the Net Proceeds from the Rockdust Plant, which <br /> shall be sold by the ..retd�•tri <br /> Trustee. Alternatively, at the election"""of``':`the <br /> claimants, the claimants may foreclose on the <br /> Rockdust Plant; <br /> (ii) $7,000 in cash on the Effective Date, which <br /> shall cause the release of the deed of trust on the <br /> -8- <br />
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