760.5 (12/1/2018) Page 1 of 4 UNITED STATES BANKRUPTCY COURT DISTRICT OF OREGON In Re ) Case No. ) ) Notice of Intent to Sell Real or ) Personal Property, Compensate Real Estate ) Broker, and/or Pay any Secured Creditor222s Fees ) and Costs; Motion for Authority to Sell Property ) Free and Clear of Liens; and Notice of Hearing ) [Note: Do not use to sell personally identifiable Debtor(s) ) information about individuals.] NOTICE IS GIVEN THAT , the (i.e., debtor, trustee, etc.), intends to sell the property described below and moves for authority to sell the property free and clear of liens pursuant to 11 U.S.C. 247 363(f). The movant's name, address, and telephone # are: . If you wish to object to any aspect of the sale or fees disclosed in paragraph 7 or paragraph 15, you must: (1) Attend the hearing set in paragraph 16 below; and (2) Within 21 days of the later of the date next to the signature below or the service date in paragraph 17 below, file with the clerk at 1050 SW 6th Ave. #700, Portland OR 97204 or 405 E 8th Ave. #2600, Eugene OR 97401: (a) a written response stating the specific facts upon which the objection is based, and (b) a certificate of service of the response on the movant. This document shall constitute the notice required by Local Bankruptcy Rule (LBR) 2002-1. All sections must be completed. 1. The specific subsections of 11 U.S.C. 247 363(f) movant relies upon for authority to sell the property free and clear of liens are: 2. Buyer's name & relation to debtor: 3. General description of the property: [If real property, state street address here. Also attach legal description as an exhibit to the notice filed with the court.] American LegalNet, Inc. www.FormsWorkFlow.com 760.5 (12/1/2018) Page 2 of 4 4. A copy of the full property description or inventory may be examined or obtained at: 5. The property may be previewed at: [Include time and place.] 6. Other parties to the transaction and their relationship to the debtor are: 7. The gross sales price is: $ . All liens on the property total $ , of which movant believes a total of $ need not be paid as secured claims (because the lien is invalid, avoidable, etc., the lienholder consents to less than full payment, or part or all of the underlying debt is not allowable). Secured creditor(s) also seek(s) reimbursement of $ for fees and costs. Total sales costs will be: $ . All tax consequences have been considered and it presently appears the sale will result in net proceeds to the estate after payment of valid liens, fees, costs and taxes of approximately: $ . 8. The sale is is not (mark one) of substantially all of the debtor's assets. Terms and conditions of sale: 9. Competing bids must be submitted to the movant no later than (date), and must exceed the above offer by at least , and be on the same or more favorable terms to the estate. 10. Summary of all available information regarding valuation, including any independent appraisals: American LegalNet, Inc. www.FormsWorkFlow.com 760.5 (12/1/2018) Page 3 of 4 11. If paragraph 7 indicates little or no equity for the estate, the reason for the sale is: and expenses and taxes resulting from the sale will be paid as follows: 12. (Ch. 11 cases only) The reason for proposing the sale in advance of approval of a plan of reorganization is: 13. The following information relates to lienholders (who are listed in priority order): Name Service Address (See FRBP 7004) Approximate Lien Amount Indicate Treatment at Closing (i.e. Fully Pd., Partially Pd., or Not Pd.) 14. Any liens not fully paid at closing shall attach to the sale proceeds in the same order of priority they attach to the property. Any proceeds remaining after paying liens, expenses, taxes, commissions, fees, costs or other charges as provided in this motion, shall be held in trust until the court orders payment. 15. (If real property) The court appointed real estate broker, , will be paid . 16. A hearing on this motion and any objections to the sale or fees is scheduled as follows: Date: Time: Location: Testimony will be received if offered and admissible. If no timely objection is filed, the hearing may be cancelled, and an order submitted. Parties are encouraged to check the hearing calendar at https://www.orb.uscourts.gov after the objection deadline has passed. 17. I certify that on this document was served, pursuant to FRBP 7004, on the debtor(s), trustee (if any), U.S. Trustee, each named lienholder at the address listed above, the creditors' committee chairperson (if any), and their attorneys; and [unless movant is a chapter 7 trustee] that it was also sent on that date, pursuant to FRBP 2002(a), to all creditors and all parties as listed in the court222s records that were obtained on , a copy of which is attached to the document filed with the court. American LegalNet, Inc. www.FormsWorkFlow.com 760.5 (12/1/2018) Page 4 of 4 18. For further information, contact: . Date: Signature & Relation to Movant (If debtor is movant) Debtor222s Address & Taxpayer ID#(s)(last 4 digits) American LegalNet, Inc. www.FormsWorkFlow.com