Farm Auction Guide

Court-Ordered Auction in the matter of SEC vs. Pang et al 27,000sf Mixed Use Land San Clemente Parcel 060-073-08 - 15,000 sf Parcel, to be demolished Parcel 060-074-10 - 8,000 sf Parcel, vacant Parcel 060-074-11 - 4,000sf Parcel, vacant Properties located just north of 5 Fwy, with freeway visibility Zoned MU 5.1 Mixed Use, which allows for a number of commercial and residential uses Will be offered separately and in combination Summary of Terms: $25,000 Cashiers Check per property required in order to bid; 10% Buyers Premium will be charged to high bidder; 10% total deposit day of sale; buyer pays all closing costs; Seller provides title insurance; close of escrow within 30 days; 2% paid to properly registered cooperating broker; property sold as-is with no contingencies; sale subject to court confirmation; please see Property Information Package for complete terms of sale.