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� � `, III IIIIIIIII IIII III <br /> 999 <br /> i <br /> =11-3) IMTES P.A11TUMICY COURT FOR *ME DISTRICT OF C01,01 b <br /> In re: )) <br /> CALFSIL. 11EADLEY, individually, )SS P523-42-7508, and Bankruptcy No. 81-B-01969-M <br /> ) <br /> 711E UTA JEAN HEADLEY, aka ) <br /> Jean Headley, individually, ) <br /> SS #055-30-2148 and dba ) <br /> lihADLtiY FARMS and dba ) <br /> HEADLEY INSURANCE AGENCY, ) <br /> Debtors. 3 <br /> 1 <br /> SfIPUTATION AND ACPJja*M <br /> THIS STIPULATION AND AGREEMENT is entered into by and between <br /> the Farmers State Bank of Brush, the First National Bank of Denver and <br /> Steven L. Zimmerman, Trustee for the Debtor, based on the following <br /> + prt:�;,ises: <br />'i <br /> 1. The Trustee has filed his Notice to Interested Parties <br /> / stating that pursuant to Section 363(b) of the Bankruptcy Code he in- <br /> v/ t, .: Is to use and sell all equipment, inventory, fixtures and vehicles <br /> of the Debtor. <br /> 2. The Notice further provides that Farmers State Bank of <br /> Brush (hereinafter referred to as "Bank") will take immediate pos$es- <br /> sion of the said property and sell it in a commercially feasible man- <br /> ._--�_ _--- — ------ � - - - - - <br /> ner. The proceeds of the sale are to be escrowed at the First National <br /> Bank of Denver. <br /> 3. The Bank will withdraw its objection to the described <br /> process of sale upon the Trustee's entering into this Stipulation and <br /> Agreement which seeks to clarify and resolve the Bank's interest- in the <br /> described sale. <br /> 1. NOW, MTEREFDRE, the parties do agree as follows: <br /> 1. By virtue of its security agreements previously entered <br /> into with the Debtor, the Bank claims that it is entitle(i to the procrl!^ds <br /> of sale and is, therefore, acting tinder its claim of right and not as an <br /> It <br /> went of the Trustee writh respect to the property sale. <br />