NOTICE OF TRUSTEE'S SALE
NOTICE IS HEREBY GIVEN that the Trustee's Sale described below, originally scheduled for April 28, 2026, has been postponed pursuant to Civil Code Section2924g and will now be held on May 26, 2026 at 11:00 a.m., at the same location. NOTICE OF TRUSTEE'S SALE Trustee Sale No. 25-00333-2FNT Loan No: M304241027/IWF Fogcatcher Inn APN 022-361-071 YOU ARE IN DEFAULT UNDER A DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING DATED JUNE 5, 2015. UNLESS YOU TAKE ACTION TO PROTECT YOUR PROPERTY, IT MAY BE SOLD AT A PUBLIC SALE. IF YOU NEED AN EXPLANATION OF THE NATURE OF THE PROCEEDINGS AGAINST YOU, YOU SHOULD CONTACT A LAWYER. On April 28, 2026, at 11:00 AM, in the breezeway adjacent to the County General Services Building located at 1087 Santa Rosa St., San Luis Obispo, CA 93408, FIDELITY NATIONAL TITLE COMPANY, as the duly appointed Trustee (the "Trustee"), under and pursuant to the power of sale contained in that certain DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING recorded on June 9, 2015, as Instrument No. 2015028090 of official records in the office of the Recorder of San Luis Obispo County, CA, executed by: IWF FOGCATCHER INN, LLC, a Delaware limited liability company, as Trustor (the "Trustor"), in favor of GERMAN AMERICAN CAPITAL CORPORATION, A MARYLAND CORPORATION, as Beneficiary, and any modifications thereto are collectively referred to herein from time to time as the "Deed of Trust", WILL SELL AT PUBLIC AUCTION TO THE HIGHEST BIDDER, in lawful money of the United States, all payable at the time of sale, that certain property situated in said County, California describing the land therein as: As more particularly described in Exhibit "A" attached hereto and made a part hereof (the "LAND") NOTICE TO POTENTIAL BIDDERS: If you are considering bidding on this property lien, you should understand that there are risks involved in bidding at a trustee auction. You will be bidding on a lien, not on the Property itself. Placing the highest bid at a trustee auction does not automatically entitle you to free and clear ownership of the Property. You should also be aware that the lien being auctioned off may be a junior lien. if you are the highest bidder at the auction, you are or may be responsible for paying off all liens senior to the lien being auctioned off, before you can receive clear title to the Property. You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this Property by contacting the county recorder's office or a title insurance company, either of which may charge you a fee for this information. If you consult either of these resources, you should be aware that the same lender may hold more than one mortgage or deed of trust on the Property. NOTICE TO PROPERTY OWNER: The sale date shown on this notice of sale may be postponed one or more times by the mortgagee, beneficiary, trustee, or a court, pursuant to Section 29249 of the California Civil Code. The law requires that information about trustee sale postponements be made available to you and to the public, as a courtesy to those not present at the sale. If you wish to learn whether your sale date has been postponed, and, if applicable, the rescheduled time and date for the sale of this Property, you may call 1.866.684.2727 or visit this Internet Website www.servicelinkasap.com, using the file number assigned to this case 25-00333-2FNT. Information about postponements that are very short in duration or that occur close in time to the scheduled sale may not immediately be reflected in the telephone information or on the internet Website. The best way to verify postponement information is to attend the scheduled sale. Beneficiary has elected and hereby elects to conduct a unified foreclosure sale pursuant to the provisions of California Commercial Code Section 9604(a)(1)(B) and to include in the nonjudicial foreclosure of the estate described in this Notice of Trustee's Sale all of the personal property and fixtures described in the Deed of Trust and in any other instruments in favor of Beneficiary, which property is more particularly described in Exhibit "B" attached hereto and made a part hereof. Beneficiary reserves the right to revoke its election as to some or all of said personal property and/or fixtures, or to add additional personal property and/or fixtures to the election herein expressed, at Beneficiary's sole election, from time to time and at any time until the consummation of the trustee's sale to be conducted pursuant to the Deed of Trust and this Notice of Trustee's Sale. No warranty is made that any or all of the personal property still exists or is available for the successful bidder and no warranty is made as to the condition of any of the personal property, which shall be sold "as is", "where is". The real Property heretofore described is being sold "as is". The street address and other common designation, if any, of the real Property described above is purported to be: 6400 Moonstone Beach Drive, Cambria, CA. The undersigned Trustee disclaims any liability for any incorrectness of the street address and other common designation, if any, shown herein. Said sale will be made without covenant or warranty, express or implied, regarding title, possession, or encumbrances, to pay the remaining unpaid balance of the obligations secured by and pursuant to the power of sale contained in that certain Deed of Trust (together with any modifications thereto). The total amount of the unpaid balance of the obligations secured by the Property to be sold and reasonable estimated costs, expenses and advances at the time of the initial publication of this Notice of Trustee's Sale is estimated to be $16,791,957.90 (Estimated), provided, however, prepayment premiums, accrued interest and advances will increase this figure prior to sale. Beneficiary's bid at said sale may include all or part of said amount. In addition to cash, the Trustee will accept a cashier's check drawn on a state or national bank, a check drawn by a state or federal credit union or a check drawn by a state or federal savings and loan association, savings association or savings bank specified in Section 5102 of the California Financial Code and authorized to do business in California, or other such funds as may be acceptable to the trustee. In the event tender other than cash is accepted, the Trustee may withhold the issuance of the Trustee's Deed Upon Sale until funds become available to the payee or endorsee as a matter of right. The Property offered for sale excludes all funds held on account by the Property receiver, if applicable. DATE: March 26, 2026 FIDELITY NATIONAL TITLE COMPANY, TRUSTEE 25-00333-2FNT 5170 Golden Foothill Parkway, Suite 130 El Dorado Hills, CA 95762 916-636-0114 Lindsay Lopez, Authorized Signor SALE INFORMATION CAN BE OBTAINED ON LINE AT www.servicelinkasap.com AUTOMATED SALES INFORMATION PLEASE CALL 1.866.684.2727 EXHIBIT "A" THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE UNINCORPORATED AREA IN COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA AND IS DESCRIBED AS FOLLOWS: PARCEL 1: THAT PORTION OF LOTS 12 AND 13 OF TRACT NO. 27, IN THE COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO MAP RECORDED SEPTEMBER 30, 1937, IN BOOK 5, PAGE 47, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST SOUTHERLY CORNER OF SAID LOT 13; THENCE NORTHWESTERLY ALONG THE SOUTHWESTERLY LINE OF SAID LOT, SAID LINE BEING THE ARC OF A CURVE TO THE LEFT RADIUS 2,040.00 FEET, 25.00 FEET, THENCE NORTHEASTERLY AND RADIALLY TO SAID CURVE, 208.00 FEET TO THE NORTHEASTERLY LINE OF SAID LOT 13; THENCE SOUTHEASTERLY ALONG THE NORTHEASTERLY LINE OF LOTS 12 AND 13, SAID LINE BEING THE ARC OF A CURVE TO THE RIGHT RADIUS 2,248.00 FEET, 82.645 FEET, THENCE SOUTHWESTERLY AND RADIALLY TO SAID CURVE, 208.00 FEET TO THE SOUTHWESTERLY LINE OF SAID LOT 12; THENCE NORTHWESTERLY ALONG SAID SOUTHWESTERLY LINE, 50.00 FEET TO THE POINT OF BEGINNING. PARCEL 2: ALL THAT PORTION OF LOT 13 OF TRACT NO. 27, IN THE COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO MAP RECORDED SEPTEMBER 30, 1937 IN BOOK 5 PAGE 47 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST WESTERLY CORNER OF SAID LOT 13; THENCE IN A SOUTHWESTERLY DIRECTION ON A CURVE TO THE RIGHT WITH A RADIUS OF 2040 FEET FOR A DISTANCE OF 50.00 FEET TO THE MOST WESTERLY CORNER OF THE LAND DESCRIBED IN DEED TO JEANNETTE R. BUBECK, AN UNMARRIED WOMAN, RECORDED DECEMBER 16, 1949, IN BOOK 545, PAGE 66, OF OFFICIAL RECORDS; THENCE ALONG THE NORTHERLY LINE OF SAID LAND, 208.00 FEET TO THE MOST NORTHERLY CORNER THEREOF, SAID POINT BEING ON THE NORTHEASTERLY LINE OF SAID LOT 13; THENCE IN A NORTHWESTERLY DIRECTION ON A CURVE TO THE LEFT WITH A RADIUS OF 2,248.00 FEET FOR A DISTANCE OF 50.00 FEET TO THE MOST NORTHERLY CORNER OF SAID LOT 13; THENCE IN THE SOUTHWESTERLY DIRECTION ALONG THE NORTHERLY LINE OF SAID LOT TO THE POINT OF BEGINNING. PARCEL 3: ALL THAT PORTION OF LOT 13 OF TRACT NO. 27, IN THE COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO MAP RECORDED SEPTEMBER 30, 1937, IN BOOK 5, PAGE 47, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST SOUTHERLY CORNER OF SAID LOT 13; THENCE NORTHWESTERLY ALONG THE SOUTHWESTERLY LINE OF SAID LOT ALONG A CURVE TO THE LEFT WITH A RADIUS OF 2,040.00 FEET, FOR A DISTANCE OF 25.00 FEET TO THE TRUE POINT OF BEGINNING, SAID POINT BEING THE MOST WESTERLY CORNER OF THE PROPERTY CONVEYED TO ANDREW G. C. MCKALIP, ET UX., IN DEED RECORDED NOVEMBER 21, 1841, IN BOOK 306, PAGE 388, OF OFFICIAL RECORDS; THENCE CONTINUING NORTHWESTERLY ON SAID SOUTHWESTERLY LINE ON A CURVE TO THE LEFT WITH A RADIUS OF 2,040.00 FEET, 25.00 FEET TO THE MOST SOUTHERLY CORNER OF THE PROPERTY CONVEYED TO WILLIAM E. MILLERS, ET UX., IN DEED RECORDED MAY 5, 1941, iN BOOK 294, PAGE 431, OF OFFICIAL RECORDS; THENCE NORTHEASTERLY AND RADIALLY TO SAID CURVE ALONG THE SOUTHEASTERLY LINE OF THE PROPERTY CONVEYED TO WILLIAM E. MILLERS, AS AFORESAID, 208.00 FEET TO THE NORTHEASTERLY LINE OF SAID LOT 13, SAID POINT BEING THE MOST EASTERLY CORNER OF THE PROPERTY CONVEYED TO WILLIAM E. MILLERS, AFORESAID; THENCE SOUTHEASTERLY ALONG THE NORTHEASTERLY LINE OF SAID LOT 13 ALONG A CURVE TO THE RIGHT WITH A RADIUS OF 2,248.00 FEET TO THE MOST NORTHERLY CORNER OF THE PROPERTY CONVEYED TO ANDREW G. C. MCKALIP, AS AFORESAID; THENCE SOUTHWESTERLY AND RADIALLY TO SAID CURVE ALONG THE NORTHWESTERLY LINE OF THE PROPERTY SO CONVEYED TO ANDREW G. C. MCKALIP, AS AFORESAID, 208.00 FEET TO THE SOUTHWESTERLY LINE OF SAID LOT 13 AND THE TRUE POINT OF BEGINNING. PARCEL 4: LOTS 14 AND 15 OF TRACT NO. 27, IN THE COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, ACCORDING TO MAP RECORDED SEPTEMBER 30, 1937, IN BOOK 5, PAGE 47, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXHIBIT "B" All of Trustor's right, title, and interest (if any) in and to the following property, rights, interests, and estates now owned, or hereafter acquired by Trustor: All furniture, furnishings, objects of art, machinery, goods, tools, supplies, appliances, general intangibles, contract rights, accounts, accounts receivable, franchises, licenses, certificates and permits, and all other personal property of any kind or character whatsoever (other than Fixtures), which are now or hereafter owned by Trustor and which are located within or about the Land and the Improvements, together with all accessories, replacements, and substitutions thereto or therefor, and all proceeds thereof (collectively, the "Property"). CAPITALIZED TERMS NOT DEFINED HEREIN SHALL HAVE THE SAME MEANING AS THOSE IN THE NOTE, SECURED OBLIGATIONS, THE DEED OF TRUST, AND ANY OTHER LOAN DOCUMENTS. A-4870454 05/06/2026, 05/13/2026, 05/20/2026
IPL0335617
May 6,13,20 2026
