ORDER: 1) AUTHORIZING AUCTION OF PERSONAL PROPERTY; 2) APPROVING EMPLOYMENT OF STEVEN E. BLASIER AS AUCTIONEER UNDER 11 USC SECTION 328 BY METROPOLITAN MORTGAGE SECURITIES CO., INC.; AND 3) APPROVING ON SITE LIQUIDATION SALE AGREEMENT AND ADDENDUM THERETO
PATRICIA WILLIAMS, Chief Judge, BankruptcyPage 2
THIS MATTER having come on regularly for hearing upon the Amended Motion For Order: (1) Authorizing Auction Of Personal Property; (2) Approving Employment Of Auctioneer; And (3) Pre-Approving On Site Liquidation Sale Agreement And Addendum Thereto (the "Motion") and the Application For Approval Of Employment Of Steven E. Blasier As Auctioneer Under 11 USC Section 328 By Metropolitan Mortgage Securities Co., Inc. (the "Application"), and it appearing from the records and files herein that due notice of said Motion and Application was provided to the United States Trustee and all other parties in interest, and no objections having been received, and the Court being fully advised in the premises, and the appointment not being prohibited by Rule 5002; NOW THEREFORE,
IT IS HEREBY ORDERED Metropolitan Mortgage Securities Co., Inc. ("Metropolitan") is authorized to conduct an auction sale of surplus office equipment and other miscellaneous personal property that is presently stored at 1133 West College Avenue, Spokane, Washington.
IT IS FURTHER ORDERED that the employment of STEVEN E. BLASIER, 21610 North Mt. Spokane Park Drive, Mead, Washington 99021 as Auctioneer for Metropolitan, is approved subject to the terms and conditions set forth in this Order, the Application, the On Site Liquidation Sale Agreement and Addendum Thereto, and 11 USC Section 328(a).
IT IS FURTHER ORDERED that compensation pursuant to the terms of the Application and the On Site Liquidation Sale Agreement and Addendum Thereto is pre-approved pursuant to 11 USC § 328(a); provided, however, that the Court may allow compensation different from the compensation provided under the terms and conditions of the On Site Liquidation Sale Agreement and Addendum Thereto after the conclusion of such employment, if such terms and conditions prove to have been improvident in light of developments not capable of being anticipated at the time of the fixing of such terms and conditions.
IT IS FURTHER ORDERED that the On Site Liquidation Sale Agreement and Addendum Thereto, attached to the Application as Exhibit "A," are hereby approved.