IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA SACRAMENTO DIVISION
June 18, 2009
SECURITIES AND EXCHANGE COMMISSION, PLAINTIFF,
SECURE INVESTMENT SERVICES, INC., AMERICAN FINANCIAL SERVICES, INC., LYNDON GROUP, INC., DONALD F. NEUHAUS, AND KIMBERLY A. SNOWDEN, DEFENDANTS.
ORDER COMPELLING PAYMENT 6 OF PREMIUM SHARE FROM MILDRED F. PARKINSON [KEU-P]
Date: May 18, 2009
On this day the Court considered the Receiver's Amended Motion to Compel Payment of Premium Share from Mildred F. Parkinson [KEU-P]. Having carefully considered the Amended Motion and the pleadings and papers on file in this case, the Court is of the opinion, and so finds, that the Motion should be granted. Accordingly,
It is ORDERED that the Estate of Mildred F. Parkinson shall, within 10 days of the date of this Order, pay the Receiver $105.60 for her share of the premiums.
It is FURTHER ORDERED that the Estate of Mildred F. Parkinson shall pay the Receiver her percentage share of all additional premium obligations within 10 days of the issuance of a written invoice.
It is FURTHER ORDERED that should the Estate of Mildred F. Parkinson fail to pay $105.60 for her share of the premiums or her percentage share of any additional premium obligations as they become due, then Mildred F. Parkinson's 1.6% ownership and beneficial interest in the KEU-P Policy No. VF51323970 will automatically be forfeited to the receivership estate and be replaced by an allowed claim for $10,000.00 in her favor.
It is FURTHER ORDERED that in the event Mildred F. Parkinson's ownership and beneficial interest is forfeited to the receivership estate, then Pacific Life Insurance Company is ORDERED to change its records to reflect and effectuate the transfer.
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