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UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------x In re: SONJA TREMONT-MORGAN, et al., Debtors. --------------------------------------------------------x

Chapter 11 Case No. 10-16132 (SCC) Substantively Consolidated

ORDER AUTHORIZING THE DEBTOR TO CAUSE STAM COLORADO LLC TO SELL THE COLORADO PROPERTY TO DIPPEL RANCH LLC Upon the annexed joint application of the Debtor Sonja Tremont-Morgan (STM or Debtor), John Adams Morgan, and Homeward Residential, Inc., formerly known as American Home Mortgage Servicing, Inc., as servicer for U.S. Bank National Association, as Trustee for Zuni Mortgage Loan Trust 2006-OA1, Mortgage Pass-Through Certificates, Series 2006-OA1, and notice of presentment having been given to all creditors and parties in interest, and no objection or request for hearing having been filed, and no adverse interest being represented, it is hereby ORDERED, that the Debtor, as the 50% owner of Stam Colorado LLC (Stam Colorado), with John Adams Morgan (JAM) is hereby authorized and empowered to cause Stam Colorado to close and consummate a short sale of the real property located in Telluride, Colorado, consisting of two (2) lots known as Lot 2R and Lot 15B at Gray Head at Telluride with a residence known as 7039 Last Dollar Road, Telluride, Colorado 81435 (collectively the Property), to Dippel Ranch LLC, pursuant

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to the contract of sale annexed hereto as Exhibit A, for a sale price of $6,800,000; and it is further ORDERED, that U.S. Bank National Association, as Trustee for Zuni Mortgage Loan Trust 2006-OA1, Mortgage Pass-Through Certificates, Series 2006-OA1 (USBNA), as the owner and holder of the deed of trust and note covering the Property, shall receive $6,366,629.94 on the closing date, at a minimum, from the proceeds of the sale of the Property to Dippel Ranch LLC; and it is further ORDERED, that all deficiency or bankruptcy claims against the Debtor, Stam Colorado, or any of their affiliated non-debtor entities held or filed by USBNA shall be waived and released upon the sale of the Property to Dippel Ranch LLC and USBNAs receipt of $6,366,629.94, at a minimum, from the sale proceeds; and it is further ORDERED, that in consideration for the approval of the short sale to Dippel Ranch LLC, Stam Colorado, STM, and JAM and their respective past, present and future owners, employees, agents, executors, administrators, heirs, attorneys, parents, subsidiaries, shareholders, officers, directors, insurers, trustees, affiliates, parent company, divisions, investors, servicers, predecessors, assignors, successors and assigns and all persons acting or purporting to act by, through, under or in concert with them or any of them (collectively Stam Colorado Releasors) do hereby release and discharge USBNA and its past, present and future owners, employees, agents, executors, administrators, heirs, attorneys, parents, subsidiaries, shareholders, officers, directors, insurers, trustees, affiliates, parent company, divisions, investors, servicers, predecessors, assignors, successors and assigns and all
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persons acting or purporting to act by, through, under or in concert with them or any of them (collectively USBNA Releasees), from any and all manner of action or actions, causes of action, suits, debts, dues, torts, breaches of contract, sums of money, accounts, bills, controversies, trespasses, damages, judgments, executions, claims and demands whatsoever, in law or equity, which directly or indirectly, or in any other way arise from or are connected with the deed of trust or note, or which were or could have been asserted in the bankruptcy action or adversary proceeding (adv. pro. no. 11-02556) ; and it is further ORDERED, that entry of this Order is without prejudice to any rights, claims and defenses that Stam Colorado and STM, on the one hand, and JAM, on the other hand, may have against the other with respect to the Morgans pending matrimonial litigation.

Dated: March 15, 2013 New York, New York

/s/ Shelley C. Chapman HONORABLE SHELLEY C. CHAPMAN UNITED STATES BANKRUPTCY JUDGE

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