PUBLIC AUCTION

NOTICE OF U.C.C. FORECLOSURE SALE OF EQUIPMENT, FURNISHINGS AND FIXTURES OF JUNG SUNG CORP., D/B/A PRANZO (the "COLLATERAL") by virtue of defaults in Commercial Security Agreement dated November 21, 2005, executed by Jung Sung Corp. in favor of Nara Bank. Nara Bank, in accordance with its rights as holder of security interest in the Collateral, will conduct a public foreclosure sale of the Collateral on June 16th, 2011, at 1:00P.M. (Inspection: 12:00Noon Day of Sale) at Jung Sung Corp.'s premises at 135 West 50th Street, New York, New York 10020, by American Auctions, Liquidations, Appraisals, Inc., as Auctioneer/Agent. KOVEN & KRAUSZ Attorneys for Nara Bank, 358 Fifth Avenue, Suite 301, New York, New York 10001. 212-736-7432

SELLS THURSDAY, JUNE 16TH, 2011 AT 1:00PM AT 135 WEST 50TH STREET, NEW YORK, NEW YORK 10020 (50TH STREET & 6TH AVENUE)

RESTAURANT/PIZZA/DELI/GROCERY

PIZZA OVENS, WOOD STONE PIZZA OVEN, HOT & COLD CURVED GLASS MERCHANDISERS, BAKERY SHOWCASES, OPEN AIR CASES,  STOVES, FRYERS, MOFFAT STEAM OVEN, 7'X17' WALK-IN REFRIGERATOR, 7'X21' WALK-IN REFRIGERATOR/FREEZER COMBO, REFRIGERATORS, FREEZERS, LOWBOYS, PREP STATIONS, HOSHIZAKI SUSHI CASE, MANITOWOC 500LB ICE MACHINE, GLOBE SS SLICERS, (2) CAS DIGITAL SCALES, 60QT MIXER, SANTOS JUICER, SUNKISS JUICER, ANSUL SYSTEM, PANNINI PRESS, MICROWAVES, SS SINKS, GREASE TRAPS,SS TABLES, METRO RACKS, (3) TEC REGISTERS, PANASONIC PHONE SYSTEM, SURVEILLENCE SYSTEM W/11-CAMERAS, (3) LG 32" TV'S, DELL COMPUTERS, MENU BOARDS, (40) TABLES, (60) CHAIRS, QTY POTS, PANS, SMALLWARES, AND MANY MORE ITEMS TOO NUMEROUS TO MENTION.

INSPECTION: 12:00NOON DAY OF SALE

50% DEPOSIT IN CASH OR CERTIFIED CHECK MADE PAYABLE TO AMERICAN ALA, INC. / 15% BUYER'S PREMIUM

516/631.777.7295 / 800.837.0447 / www.AmericanAssetsOnline.com

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