ABC Auction & Appraisal Service (“ABC”), Agent for Stephen G. Mills, (“Seller” or “Secured Party”), holder of a note and security interest covering the personal property assets described herein for a loan to XPCamper, LLC (“Debtor”) is soliciting competing offers to sell all of Seller’s right title and interest in its collateral (“Assets”) of the Debtor, which was engaged in the manufacture and sale of lightweight fiberglass composite off-highway truck camper shells with a unique pop-up design. For more information on XPCamper, LLC, visit their website at http://xpcamper.com/why/the-concept/
All Assets are being sold IN BULK to the highest qualified bidder at a public sale pursuant to California Commercial Code §9610, which includes all of Seller’s right, title and interest in his collateral as described in the NOTIFICATION OF DISPOSITION OF ASSETS AND PUBLIC SALE, which is subject to the Secured Party’s security interest as follows: all inventory, chattel paper, accounts receivables, equipment, trade fixtures, general intangibles, finished goods, and works in process, and as more fully described in the Security & Pledge Agreement between Debtor and Secured Party. For a more detailed description of the Assets, contact the Auctioneer below.
The sale will be a public sale, by auction, with reserve. At the present time, the Debtor is obligated to Secured Party in the amount of approximately $250,000. The Purchase Price must be paid by cash, wire transfer, certified check, or a cashier’s check in lawful money of the United States no later 4:00 p.m. on August 19, 2019, except Secured Party may credit bid as set forth above.
All assets will be sold by order of the senior secured creditor at 9:30 am (PDT) on August 19, 2019. The sale location will be at the law offices of Parkinson Phinney, 3600 American River Drive, Suite 145 Sacramento, CA 95864. Any person desiring to submit a bid at the auction will be required to deliver an earnest money deposit, submit proof of ability to pay the current loan balance, sign the Bid Procedures and Agreement and execute a temporary lease agreement with the Landlord governing the removal of assets at 180 Clydesdale Ct., Grass Valley, CA no later than 2:00 pm on Friday, August 16, 2019. All of these documents are located in the Share File that can be accessed by clicking the SHARE FILE link below.
For More information call:
ABC Auction & Appraisal Services
949-922-1211 or by email
For more Information on how to qualify to Bid at the sale, please click on the below link: