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EXHIBIT 10.81
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STATE
OF TEXAS
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§
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§
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COUNTY
OF GALVESTON
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§
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NOTICE OF FORECLOSURE SALE
GALVESTON COUNTY, TEXAS
Date :
June
5
th ,
2008
Deed of Trust, Mortgage, Assignment, Security Agreement, Fixture
Filing and Financing Statement (“
Deed of Trust ”):
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Dated:
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May
11, 2007
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Grantor:
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Tekoil
and Gas Gulf Coast, LLC, a Texas limited liability
company
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Trustee:
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John
Howie
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Lender:
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J.
Aron & Company
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Recorded in:
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The
office of the County Clerk of Galveston County, Texas on May
14, 2003 as Document #2007031217 of the Official Public
Records.
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Secures:
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Promissory
Note (“
Note ”)
dated May 11, 2007, in the original principal amount of
$50,000,000.00, executed by Grantor and payable to the order of
Lender, and all other indebtedness of Grantor to Lender as
described in the Deed of Trust
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Property:
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The
real property, improvements and personal property described in
the attached
Exhibit A ,
that is attached hereto and made a part hereof.
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Trustee’s
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Haynes
and Boone, LLP
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Address:
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One
Houston Center
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1221
McKinney, Suite 2100
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Houston,
Texas 77010
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Foreclosure Sale :
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Date:
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Tuesday,
July 1, 2008
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Time:
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The
sale of the Property (“
Foreclosure Sale ”)
will take place between the hours of 10:00 a.m. and 4:00
p.m.
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