ITEM ID#: Woodworth01
CASE NUMBER: #03-21147-PHX-CGC
CASE NAME: Woodworth, Gilbert R. & Gloria J.

NAME OF TIMESHARE: Pono Kai Resort 4-1250 Kuhio Highway, Kapaa, Kauai Hawaii 96746 (808) 822-9831

MANAGEMENT COMPANY: Bluegreen Resorts PO Box 29030 Honolulu, HI 96820

IMPORTANT LEGAL INFO: BKassets specializes in the liquidation of tangible and intangible bankruptcy assets. We sell all timeshares AS IS, WHERE IS, with no warranties implied or stated. This means that the Seller and the trustee are not responsible for problems (if any) with the title, the condition of the unit, or any liens or encumbrances against the unit. The buyer will be entirely responsible for this timeshare after the sale including but not limited to: paying any fees/costs associated with this timeshare, paying all fees/liens (if any), recording/transferring the title and gathering any paperwork/documentation necessary for that process. Seller and trustee are NOT realtors. BKAssets.com and the trustee shall be under no obligation to buyer except to provide buyer with a Trustee's Deed for the Timeshare. All the information as to the item description has been provided by the management company/Resort. BKAssets.com cannot guarantee that all the information is accurate. BKAssets.com recommends bidders perform their own due diligence prior to bidding. As with any bankruptcy sale, this sale may be subject to court approval. Please read sections of this ad carefully, especially for real estate sales.

DESCRIPTION OF ITEM: 1 bedroom and 1 bath unit, 1 week annually, ICN #2-D304-47, floating - red season (year-round). This is a deeded but leased timeshare. The lease expires 12/31/2044. Annual fee $595.76 for 2004. According to Bluegreen the remainder due for 2004 is approximately $505.82. Transfer fee of $75.

LIENS: We do not know of any liens.

AMENITIES: UNIT: Air Conditioning, Carpet, Full Kitchen, Microwave, Telephone, Washer/Dryer. ON-SITE: Beach, Swimming Pool, Whirlpool/Hot Tub, Tennis, Handicapped Unit. NEARBY: Golf (4.0 miles), Grocery store, Medical Facilities, Live Entertainment and a Restaurant.

LOCATION: Set on the beach on the eastern coast of Kauai, is Pono Kai. Here the average annual temperature is a balmy 70 degrees. Relax by Pono Kai's outdoor pool or on the beach. On-site you will find shuffleboard, volleyball and croquet. Nearby you will find a superb golf course. For more action, head offshore and try surfing, snorkeling, boating or fishing. Kauai is called the "Garden Isle" because of its lush vegetation. Tours of the island will take you past many beautiful beaches, lava rock grottos and breathtaking viewpoints.

NOTES: This is all we know about this item. A title search was NOT performed on this property. BKAssets.com does not provide title insurance. If title insurance is desired, the buyer is responsible for obtaining it through a title company. A deed preparation fee of $100 (payable to seller) will apply. Any fees/liens owing on this unit are not part of the final bid price. Serious bidders only. A bid submitted by a buyer is an agreement to our Terms. Buyers should not bid unless they fully intend to complete the sale in order to avoid the penalties listed in our Terms.