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MOE NASR, as Trustee of the GEORGE BUSINESS TRUST, Plaintiff, and BEN B. FLOYD, Chapter 7 Trustee, Plaintiff In-Intervention vs. WILLIAM GEARY, an individual, et al., Defendant. AND RELATED COUNTER-CLAIMS

JUDGMENT

JOHN WALTER, District Judge

A trial on Plaintiff Moe Nasr's and Plaintiff-in-Intervention Ben Floyd's claims, and Counterclaimants Carlsberg Defendants' Counterclaims, was held before the Court on February 18-25, 2003. Moe Nasr, Ben Floyd and the Carlsberg Defendants were represented by counsel. Counterdefendant G. Wayne Reeder appeared pro se. For all the reasons set forth in the Court's findings of Fact and Conclusions of Law and Order filed on June 9, 2003.

IT IS HEREBY ORDERED that judgment is entered for Defendants on all claims brought by Plaintiff and Plaintiff-in-Intervention, and all of the relief requested by Plaintiffs and Plaintiff-in-Intervention is denied.

IT IS FURTHER ORDERED that judgment is entered for Counterdefendants on all claims brought by Counterclaimants, and all of the relief requested by Counterclaimants is denied.

IT IS FURTHER ORDERED that all parties shall bear their own attorneys' fees and costs.

IT IS FURTHER ORDERED that all documents previously recorded by G. Wayne Reeder, the George Business Trust or any other Reeder entity against any property owned by Defendants or Counterclaimants, including but not limited to the negative pledge agreements listed on Exhibit A attached to this Judgment; are void and unenforceable and are hereby released and expunged from the public records.

NEGATIVE PLEDGE AGREEMENTS

DATE COUNTY AND OF DATE PROPERTY EXECUTED BY INSTRUMENT/ STATE OF DOCU- RECORDED DOC. NO. RECORDING MENT 7/27/93 9/14/93 Dallidet Office San Luis Office 1993-055078 San Luis Obispo Building Building Co., CA Properties (George Business Trust; DR Energy, Inc.) 7/27/93 8/5/93 Del Rey Del Rey Mobile 93085289, Bernalillo Co., NM Mobile Home Home Properties pgs. 3728-31 Park (George Business Trust; Hilltop Developers, Inc.) 7/27/93 8/6/93 Terrace Apts. Gallup Properties 255777 McKinley Co., NM (George Business Trust; Gallup Investors) 7/27/93 8/5/93 Hickory Star Hickory Star Book 15, Union Co., TN Properties (George pgs. 670-76 Business Trust; One Thirteen Corporation, Inc.) 7/27/93 8/4/93 North Lake Northlake Mobile B163362, Adams Co., CO Mobile Home Home Park Book 4123, Park Properties (George pgs. 726-29 Business Trust; Hill Top Developers, Inc.) 7/27/93 8/23/93 Old Sunset Strip 4568465, Orange Co., FL Wintergarden Properties (George Book 4608, Family Trust; Hill pgs. 427-30 Top Developers, Inc.) 7/27/93 8/23/93 Old Sunset Strip 4568464, Orange Co., FL Wintergarden Properties (George Book 4608, Family Trust; Hill pgs. 423-26 Top Developers, Inc.) 7/27/93 8/5/93 Butcher Butcher Building Book 15, Union Co., TN Building Properties (George pgs. 677-80 Business Trust; One Thirteen Corporation, Inc.) 7/27/93 8/23/93 U.S. Sunset Strip 93-06 1993, Book Osceola Co., FL Rentals-Kissimmee Properties (George 1140, pgs. 2183-86 Family Trust; Hill Top Developers, Inc.) 9/14/93 9/17/93 Walcott Walcott Mobile 27623-93 Scott Co., IA Mobile Home Home Property Park (George Business Trust; Hill Top Developers, Inc.) 9/14/93 9/19/93 Ball Park Plaza Ball Park Plaza 93-404393, Broward Co., FL Property (George Book 21138, Business Trust; pgs. 0446-49 Hill Top Developers, Inc.) 9/14/93 9/19/93 Commerce Commerce Center 93-404395, Broward Co., FL Center Properties (George Book 21138, Business Trust; pgs. 0454-57 Hill Top Developers, Inc.) 9/14/93 9/16/93 Halls Theatre The Cinema 19522, Knox Co., TN Properties (George Book 2795, Business Trust; pgs. 516-20 One Hundred Thirteen Corporation) 7/28/94 8/10/94 Halls Theatre Hall Retail 8910, Book 2913, Knox Co., TN Properties (George pgs. 946-48 Business Trust; Hall Properties, Inc.) 9/14/93 9/19/93 Key Square Key Square 93-404396, Broward Co., FL Properties (George Book 21138, Business Trust; pgs. 0458-61 Hill Top Developers, Inc.) 9/14/93 9/19/93 Lakeside Lake Side Manor East 93-404398, Broward Co., FL Manor East East Properties Book 21138, (George Business pgs. 0466-69 Trust; Hill Top Developers, Inc.) 9/14/93 9/19/93 Lakeside Lake Side Manor 93-404397, Broward Co., FL Manor South South Properties Book 21138, (George Business pgs. 0462-65 Trust; Hill Top Developers, Inc.) 9/14/93 9/19/93 Library Square The Library Square 93-404391, Broward Co., FL Square Properties Book 21138, (George Business pgs. 0438-41 Trust; Hill Top Developers, Inc.) 9/14/93 9/19/93 Sunrise Sunrise Terrace 93-404394, Broward Co., FL Terrace Properties (George Book 21138, Business Trust; pgs. 0450-53 Hill Top Developers, Inc.) 9/14/93 9/19/93 Sunset Center Sunset Center 93-404392, Broward Co., FL Property (George Book 21138, Business Trust: pgs. 0442-45 Hill Top Developers, Inc.) 9/14/93 9/19/93 The 1660 The 1660 Property 93-404389, Broward Co., FL Property (George Business Book 21138, Trust: Hill Top pgs. 0430-33 Developers, Inc.) 9/14/93 9/19/93 The 1670 The 1670 Property 93-404388, Broward Co., FL Property (George Business Book 21138, Trust; Hill Top pgs. 0426-29 Developers, Inc.) 9/14/93 9/19/93 The Virginian The Virginian 93-404390, Broward Co., FL Property Property (George Book 21138, Business Trust; pgs. 0434-37 Hill Top Developers, Inc.) 3/31/94 4/4/94 Santa Barbara Santa Barbara 2377390, Johnson Co., KS Mobile Home Mobile Home Vol. 4291, Park Properties (George pgs. 557-61 Business Trust; Hill Top Developers, Inc.) 9/16/94 9/22/94 Fort Wears Fort Wears Book M24O, Sevier Co., TN Mobile Home Partnership pgs. 130-32 Park (George Business Trust; Wayne Reeder)

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NASR v. GEARY
(Jul 1, 2003)