File: LVCrt-18

United States Bankruptcy Court
Northern District of California

Chapter 7 Case No. 91-34251TC
In Re: Anton Szandor LaVey, Debtor

STIPULATION REGARDING PAYMENT OF CLAIMS
AND CLOSURE OF CASE, AND ORDER THEREON
May 4, 1993 (Filed May 24, 1993)

Anton Szandor LaVey having commenced a case under Chapter 11 of the
Bankruptcy Code on October 18, 1991; the case having been converted
to Chapter 7 on June 23, 1992, and Charles E. Sims having been
appointed Chapter 7 Trustee for the Debtor's estate; a bar date for
filing claims having been set in this case for December 2, 1992;
Diane Hegarty having been the only creditor to file a claim in this
case and having been the only creditor listed in the Debtor's
schedules; Diane Hegarty, the Debtor, the Chapter 7 Trustee and the
United States Trustee having reached an agreement regarding the
satisfaction of the sole claim against the Debtor, the payment of
administrative expenses (including the Chapter 7 Trustee's fees and
expenses and the fees and expenses of professionals employed by the
Chapter 7 Trustee) and the closure of this Chapter 7 case; the
Chapter 7 Trustee and his professionals having prepared applications
for payment of fees and expense reimbursements; and this Stipulation
being conditioned on closing of the pending sale of the property
located at 6114 California Street, San Francisco, California (the
"Property"); accordingly, it is

STIPULATED that the Chapter 7 Trustee's fees shall be allowed in the
amount of $7,380.00, the maximum amount allowable under the
Bankruptcy Code based on the distribution of $240,000.00 on the sale
of the Property, and the Chapter 7 Trustee's expense-reimbursement
request shall be allowed in the amount of $50.40; and it is further

STIPULATED that the requested fees of Geary, Shea, O'Donnell &
Grattan, counsel for the Chapter 7 Trustee, shall be allowed in the
amount of $6,219.50, and the expense-reimbursement request of Geary,
Shea, O'Donnell & Grattan shall be allowed in the amount of $68.58;
and it is further

STIPULATED that the requested fees of Prudential California Realty
shall be allowed in the amount of $14,400.00 (6% of the $240,000
sales price for the Property); and it is further

STIPULATED that the allowed fees and expense reimbursements of the
Chapter 7 Trustee, Geary, Shea, O'Donnell & Grattan and The
Prudential California Realty shall be paid from the first net
proceeds generated from the sale of the Property until satisfied in
full; and it is further

STIPULATED that the Chapter 7 Trustee shall pay the next $15,000.00
of proceeds from the sale of the Property to Scott I. Bassin, the
Debtor's attorney, in satisfaction of fees and expenses owing by the
Debtor to Mr. Bassin; and it is further

STIPULATED that upon full payment to Mr. Bassin in accordance with
the previous paragraph, the Chapter 7 Trustee shall assign, to Diane
Hegarty, without recourse, the balance in escrow and the estate's
interest in the secured promissory note of the buyer of the Property
and the related Deed of Trust; and it is further

STIPULATED that Diane Hegarty shall receive 10% of all annual
royalties to be received by the Debtor or the estate, commencing
with the date on which this Stipulation is fully executed, on the
publications known as _The Satanic Bible_, _Satanic Rituals_, _The
Compleat Witch_, also known as _Satanic Witch_, and _The Devil's
Notebook_. The amount of royalties received by the Debtor shall be
determined by Internal Revenue Service Forms 1099 received for each
year from his publishers for the royalties for said books. Payments
of the royalties for each year beginning with the year 1993 shall be
made by the Debtor to Diane Hegarty on or before the 31st day of
March, 1994 and on the 31st day of March for each year thereafter
for the year immediately preceding; and it is further

STIPULATED that Diane Hegarty's receipt of the items described in
the preceding two paragraphs shall constitute complete satisfaction
of the claims of Diane Hegarty against the Debtor or the estate; and
it is further

STIPULATED that in consideration for the foregoing, including
without limitation the agreed satisfaction of all claims in this
case in accordance with the foregoing by which the Debtor will be
entitled to retain all of his personal-property assets except the
royalty interest to be transferred to Diane Hegarty as described
above, the Debtor hereby waives his claim of any exemption in the
Property; and it is further

STIPULATED that upon full payment to Mr. Bassin in accordance with
the foregoing, this case shall be closed; and it is further

STIPULATED that this Stipulation may be executed in counterparts.

Dated: 5/3, 1993
/s/ Elizabeth Benford/Jane Grieco
Elizabeth Benford/Jane Grieco
Attorneys for Diane Hegarty

Dated: May 3, 1993
/s/ Diane Hegarty
Diane Hegarty

Dated: April 23, 1993
/s/ Scott I. Bassin
Scott I. Bassin
Attorney for Anton Szandor LaVey

Dated: April 29, 1993
/s/ Anton Szandor LaVey
Anton Szandor LaVey

Dated: May 4, 1993
/s/ Charles E. Sims
Charles E. Sims
Chapter 7 Trustee for the Estate of Anton Szandor LaVey

Dated: May 5, 1993
GEARY, SHEA, O'DONNELL & GRATTAN
/s/ Steven M. Olson
Attorneys for Charles E. Sims,
Chapter 7 Trustee for the Estate of Anton Szandor LaVey

Dated: May 17, 1993
Subject to receipt of US Trustee funds for second quarter of 1992
and final account prior to case closing:
/s/ Jeannie Coltrane Lightsey
Jeannie Coltrane Lightsey
Attorney for the United States Trustee

IT IS SO ORDERED:

Dated: May 20, 1993
/s/ Thomas E. Carlson
Thomas E. Carlson
United States Bankruptcy Judge

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