RECEIVER ORDERED SALE-Attention Investors!
Bon Secour Village, an 880 acre± waterfront master-planned community, is being offered in a sealed bid auction with bids due on or before November 19, 2008 in Gulf Shores, Alabama.

This property features a partially completed 60 slip marina and designated areas for retail and residential development. The property will be offered in five separate parcels.

Upon review of all written bids at 10:00 AM CST at the site in Gulf Shores, a live auction is scheduled between top entries to determine the high bid for each parcel. The bid packages from the high bid winners on all parcels will be presented to the seller for consideration. Please consult the Property Information Package for complete details.

Only bids received on the court approved Asset Purchase Agreement will be accepted. Please consult the Property Information Package for complete details.

Live Internet Bidding will be available for this event. Online Bidding requires registration prior to the event. Please consult the Property Information Package for complete details.

A special website has been established to display the many attributes of this property at BSVAuction.com

Preview Dates/Times: November 5, 2008  1:00 to 5:00 PM CST    and    November 6, 2008  9:00 AM to 12:00 PM CST