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FERENC – LAKESIDE ELECTRIC, INC.

Secured Party Sale

COMPLETE ELECTRICAL CONTRACTOR COMPANY * GREENLEE MDL. 881 HYD. BENDER * (2) GREENLEE MDL. 855 SMART ELEC. BENDERS * (2) GREENLEE MDL. 6805 CABLE PULLERS * (6) JLG & SKY JACK ELEC. SCISSOR LIFTS * DITCH WITCH MDL. 1020 TRENCHER * LG. QUANTITY SHOP EQUIPMENT * CONCRETE SAWS * THREADERS * GENERATORS * CORE DRILLS * HAND & POWER TOOLS * INVENTORY * ASSTD. LIGHT FIXTURES & CONDUIT PIPE * WIRE * TRANSFORMERS * FASTENERS * ELECTRICAL BOXES * (11) STAKE, PICKUP AND VAN TRUCKS TO 2001 * 6,000 & 4,000 LB. FORKLIFTS * HUGE QUANTITY OF SUPPORT EQUIPMENT AND ACCESSORIES * OFFICE EQUIPMENT AND FURNITURE

* All to be sold by order of the Secured Party, the assets on the premises at:

FERENC/LAKESIDE ELECTRIC, INC.
1192 EAST 40TH STREET (JUST NO. OF LAKESIDE AVE)
CLEVELAND, OHIO
TUESDAY, OCT. 9, 2007 10:00 A.M.

MACHINERY & EQUIPMENT: Greenlee Mdl. 881 hyd. bender w/gang box & access., (2) Greenlee Mdl. 855 Smart elec. benders w/shoes, (2) Greenlee Mdl. 6805 cable pullers (8,000 lb. rated) w/gang box, (6) JLG & Sky Jack elec. scissor lifts, Ditch Witch 1020 gas trencher, mig & arc welders, 3-1/2 cu. yd. elec. cement mixer, bench drill press, grouping of concrete saws, hammer drills, elec. drills, sawzalls, circular saws, angle grinders, hyd cutters, core drills, port. band saws, asstd. hand threaders, benders, tools, etc….

INVENTORY: Asstd. conduit piping, spools of wire, elbows, flex conduit, caddy fasteners, panel boxes, switch boxes, transformers, lg. quantity of light fixtures and bulbs, recessed light fixtures, vapor proof lights, ceiling fixtures, fluor. lights, temporary lights & power supplies, enclosures, condulets, Liquid Tite metal conduit, face plates, outlet boxes, washers, plugs, fittings, converters, ell’s, meters, wire mold, circuit breakers, exit signs, switches, emergency lights, and related inventory…….

SHOP SUPPORT EQUIP & ACCESSORIES: Over (30) port. gang boxes, dozens of wood ladders, fiberglass ladders, ext. ladders, generators, h.d. adj. pallet racking, scaffolding, port. air compressors, oxygen acetylene outfits, hyd. pallet jacks, fuel cans, factory trucks, chain hoist, ext. cords, spools of rope, hand trucks, fire exts., elec. time clock, man fan, vise & benches, wheel barrows, Ridgid oiler, port. racks, metal parts shelving, pipe & bolt cutters, hyd. jacks, wire reels, lots of misc….

TRUCKS: 2001 Ford E250 van truck, 2000 Dodge Ram 1500 van truck, 1998-96 Ford F150XL pickup trucks, 1997 Ford F150XL extended cab pickup truck, 1996 Ford F Super duty 14′ stake truck w/hyd. tailgate, 1997 Ford van truck, 1988 GMC 10′ stake truck w/hyd. tailgate, 1994 Ford van, 1991 Chevy van, 1989 Chevy 4×4 extended cab pickup truck….

OFFICE EQUIPMENT & FURNITURE: Asstd. P/C’s, laser & standard printers, monitors, H/P Design Jet color plotter, Konica, Sharp, Canon, H/P & Xerox copy machines, Executone telephone system w/14-phones, (2) Xerox 2510 blueprint copy machines, paper shredders, Brother & Canon fax machines, electronic calcs, 10′ conference table, wood & metal exec. & receptionist desks, S/A uph. swivel, uph. steno & uph. guest chairs, lateral & standard file cabinets, 2 dr. storage cabinets, blueprint racks, folding tables, uph. loveseat, bookcases, refrig., microwave, misc., etc…

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TERMS: CASH, certified checks, company checks accepted ONLY if accompanied by bank letter of guaranty. Make check payable to Rosen & Company, Inc. Trust Account. 25% deposit at time of bid, balance at end of sale, upon Secured Party confirmation. 10% Buyers Premium will be in effect at this sale…All sales are AS-IS, WHERE-IS, without any guaranties or warranties. The buyers are responsible for the removal of their purchases at their own risk and expense. Major equipment removal requires proof of liability insurance in the amount of One Million Dollars.

DIRECTIONS: East Shoreway (I-90), exit at E 55th St, go south to St. Clair Ave, turn rt (west) to East
40th , turn rt (north) to address. Watch for auction signs!

INSPECTION: Morning of the sale, doors open at 8:00 a.m.

IMPORTANT NOTICE: Although information has been obtained from sources deemed reliable, the auctioneer makes no warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make inspection prior to the sale.

Auction purchases now can be leased! To pre-arrange equipment financing provided
by Direct Capital Corp, contact Christopher Haskins at (603) 766-9390
or chaskins@directcapital.com.
Direct Capital
https://www.directcapital.com/apply/rosen/

EXAMPLE OF BANK LETTER: “Customer Name and Company Name” is a customer of this bank. This bank will guarantee unqualified payment to Rosen & Co. Inc. on the account listed herein up to the amount of $________ (maximum). This letter is good until (date ). This letter also applies to all wire transfers. Payment by wire transfer accepted only by prior arrangement. Contact our Auction Division at 440-519-1860.

NOTE: Finder’s Fee Paid for information leading to our selling or buying complete manufacturing facilities, machine and fab shops, printing equipment, woodworking equipment, construction equipment, etc. Call Ken Miller, Cliff Henshaw or Sharon Parker at Corporate office, (440) 519-1860. Call Stanley Rosen at Rosen & Company West-Las Vegas branch office, (702) 821-1901.