Opinion
ORDER FOR ENTRY OF JUDGMENT
SHEILA K. OBERTO, Magistrate Judge.
Pursuant to the agreement of the parties, the Clerk of Court is DIRECTED to enter judgment in this case pursuant to the following terms:
1. John J. Tolmachoff and Nina V. Tolmachoff are jointly and severally indebted to the United States in the amount of $50, 200.27 for individual income tax for the taxable periods ending for the taxable periods ending December 31, 1997, 1998, 1999, 2007, and 2008 (the "tax years at issue"), plus interest according to 28 U.S.C. § 1961(c) and 26 U.S.C. §§ 6601, 6621(a)(2), from September 6, 2013, until the judgment is paid.
2. The United States will abate any tax, penalty, and interest assessments for the tax years at issue in excess of the amount set forth in the paragraph above.
3. The real property that is the subject of this action is located at 11911 West Central Avenue (herein referred to as "11911 West Central Avenue"), in the County of Fresno, State of California, and is more particularly described as follows:
THE NORTH 267 FEET OF THE WEST 407.87 FEET OF THE WEST HALF OF THE NORTHWEST QUARTER OF SECTION 34 T.14 S., R.18 E., M.D.B. & M., IN THE COUNTY OF FRESNO, STATE OF CALIFORNIA, ACCORDING TO THE OFFICIAL PLAT THEREOF;
EXCEPTING THEREFROM AN UNDIVIDED ½ INTEREST IN AND TO ALL OIL, GAS AND OTHER MINERALS IN AND UNDER THE SAID LANDS. TOGETHER WITH THE RIGHT TO PROSPECT, EXPLORE AND DRILL FOR AND TO PRODUCE AND MARKET THE SAME AND WITH FULL AND FREE RIGHTS OF INGRESS AND EGRESS AT ANY TIME AND FROM TIME TO TIME FOR ALL OR ANY OF SAID PRUPOSES, AS RESERVED IN THE DEED FROM THE ANGLO CALIFORNIA NATIONAL BANK OF SAN FRANCISCO, A NATIONAL BANKING ASSOCIATION, TO J.G. GREGORY AND HETTA C. GREGORY, HIS WIFE, RECORDED FEBRUARY 7, 1942 IN BOOK 2009 PAGE 383 OF OFFICIAL RECORDS, DOCUMENT NO. 57994;
ALSO EXCEPTING THEREFROM AN UNDIVIDED ½ INTEREST IN ALL OIL, GAS AND MINERAL RIGHTS, AS RESERVED IN THE DEED FROM J.G. GREGORY AND HETTA C. GREGORY, HIS WIFE, TO KENNETH E. HANSEN, AND MILDRED ANN HANSEN, HIS WIFE, RECORDED FEBRUARY 4, 1947 IN BOOK 2492 PAGE 380 OF OFFICIAL RECORDS, DOCUMENT NO. 7145;
AND ALSO EXCEPTING THEREFROM AN UNDIVIDED ½ INTEREST IN ALL OIL, GAS, MINERALS AND HYDROCARBON SUBSTANCES THEREIN AND THEREUNDER, TOGETHER WITH THE RIGHT TO ENTER UPON SAID LAND TO EXPLORE FOR, DRILL FOR, PRODUCE AND STORE UPON, AND REMOVE ALL SUCH SUBSTANCES THEREFROM, AS RESERVED BY MILDRED ANN HANSEN IN THE DEED RECORDED MAY 20, 1968 IN BOOK 5571 PAGE 506 OF OFFICIAL RECORDS, DOCUMENT NO. 35481.
CONTAINING 2.50 ACRES, A LITTLE MORE OR LESS.
APN: XXX-XXX-XX
4. The Love Trust is the alter ego of defendants John J. Tolmachoff and Nina V. Tolmachoff.
5. Title to 11911 West Central Avenue is hereby transferred from the board of trustees of the Love Trust to "John J. Tolmachoff and Nina V. Tolmachoff, husband and wife, as joint tenants."
6. The parties have an agreement as to the enforcement of this judgment, one term of which is that 11911 West Central Avenue will not be sold by judicial sale for 180 days from the date of entry of this judgment.
7. After the time set forth above in paragraph 6, the United States will be entitled to foreclose its liens against 11911 West Central Avenue and that property will be sold, if necessary, pursuant to further order of this Court.
8. The California Franchise Tax Board disclaimed any interest in 11911 West Central Avenue on November 21, 2011 (Doc. No. 7); and
9. Each party shall be liable for its own costs of litigation and attorneys' fees.
IT IS SO ORDERED.