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NOTICE OF JUDICIAL SALE
 
Under the authority in Title 28 U.S.C., Sections 2001, 2002 and 2004, the property described below will be sold pursuant to a Judgment and Order of Sale entered September 5, 2014, in Trustee v. the Taxpayer, et al, defendant, Civil No. 4:12cv-101-MRC/CAS, United States District Court for the Northern District of Florida.
 
 
Date:1/20/2015
Time:11:00 AM
 
Bidder Registration Time:10:30 AM
 
Sale Location: 380 Office Ct., Fairview Heights, IL 62208
 
Title Offered: Full title to the contractual right to receive payments.
 
Description of Property: The right to receive on-going monthly payments under the Darryl Strawberry Deferred
Compensation Agreement, Addendum III to Uniform Player’s Contract dated March 12,
1985, executed on March 12, 1985 by Darryl Strawberry and Doubleday Sports, Inc. (predecessor in interest to Sterling Mets, L.P.), as reflected in the schedule of payments attached as Appendix 2 to the Order of Sale entered on the court’s docket, and specifically those payments remaining to be made after the court’s confirmation of the sale.
 
Minimum Bid: $550,000
 
Bid Note: Mail-In Bids Will Be Allowed
 
Click here for Mail-in Bid Form
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Click here for Order of Sale
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Click here for Order of Sale - Appendix 1
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Click here for Order of Sale - Appendix 2
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The Terms of Payment: See Below
 
Form of Payment: All payments must be by certified check, cashier’s or treasurer’s check or by a
United States postal, bank, express, or telegraph money order. Make check or money order payable to the United States District Court for the Northern District of Florida.
 
TERMS AND CONDITIONS OF SALE:

No bid shall be accepted unless it is accompanied by a certified check or cashier’s check, in the minimum amount of 20% of the minimum bid, made payable to the United States District Court for the Northern District of Florida.

The successful bidder shall tender the balance of the purchase price, in certified funds payable to the United States District Court for the Northern District of Florida, at the office of the Internal Revenue Service, 380 Office Ct Fairview Heights, IL 62208, on or before 3:30 p.m., sixty (60) days from the date the bid is accepted.

In the event the successful bidder defaults on any of the termed contained herein, the deposit shall be forfeited and retained by the Internal Revenue Service as part of the proceeds of sale, and the property shall again be offered for sale or sold to the second highest bidder.

The sale of the property shall be subject to confirmation by the court. Upon confirmation the Internal Revenue Service shall execute and deliver to the purchaser an assignment conveying the right to receive the monthly payments under the deferred compensation agreement. Upon confirmation all interests in, liens against, or claims to the property that are held or asserted by all parties to this action are discharged and extinguished.

The sale is ordered in accordance with 28 U.S.C. Section 2001, 2002 and 2004 is made without the right of redemption.

The government reserves the right to reject any and all bids and to withdraw the property from sale.

The property is offered for sale “as is” and “where is” and without recourse against the United States. The United States makes no guarantee of condition of the property, or its fitness for any purpose. The United States will not consider any claim for allowance or adjustment or for the rescission of the sale based on failure of the property to comply with any expressed or implied representation.
 
For additional information about the property and proposed sale, please contact the following office:
Name:Jennifer Breuchaud
Title: PALS
Bureau: IRS
Address: 380 Fountains Office Court
Fairview Heights, IL, 62208
Phone: (618) 713-0421
Email: jennifer.l.breuchaud@irs.gov
 
Updated: 1/20/2015
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