Public auction for a mortgage loan collateral on March 30, 2026.

UCC PUBLIC SALE NOTICE   PLEASE TAKE NOTICE THAT MANNION AUCTIONS, LLC ("Mannion"), on behalf of OAKNORTH BANK PLC (the "Secured Party") will offer for sale at public auction ("Sale") all of all right, title and interest of PML North LLC, a Delaware limited liability company ("Pledgor"), to that certain mortgage loan in the maximum principal amount of up to $975,000 (the "Pledged Loan") made by Pledgor (as successor-by-assignment to Private Money Lenders, LLC, a California limited liability company) to Marte Marmolejos Properties LLC, a New Jersey limited liability company ("Fee Owner"), as described in that certain Collateral Assignment of Note, Deed of Trust and other Loan Documents dated July 30, 2025, recorded in the Real Property Records of Union County, New Jersey, as Instrument No. 81335 (the "Collateral Assignment"), together with certain rights and property representing, relating to, or arising from the Pledged Loan (collectively, the "Collateral").  The Sale will take place on March 30, 2026, at 10:00 a.m. Eastern Time in compliance with New York Uniform Commercial Code Section 9-610 virtually via online video conference. The URL address and password for the online video conference will be provided to all registered participants and interested parties.  The Sale is being made in connection with the foreclosure on a pledge of the Collateral to the Secured Party by Pledgor under the Collateral Assignment, pursuant to which Pledgor has granted to Secured Party a first priority lien on the Collateral as collateral for the loan in the original principal amount of up to $50,000,000.00 (the "Loan") from Secured Party to Pledgor. The Loan was made pursuant to (a) that certain Loan and Security Agreement, (b) a Promissory Note, and (c) Guaranty Agreement executed by Peter Pedram in favor of Secured Party, each dated as of July 18, 2025 (together with the Collateral Assignment and any other documents executed attendant to the Loan, the "Loan Documents"). It is the understanding of Secured Party (but without representation or warranty of any kind by Secured Party as to the accuracy of the following) that the Loan is in default.   Based upon information provided by Pledgor, it is the understanding of Secured Party (but without representation or warranty of any kind by Secured Party as to the accuracy of the following) that (i) Pledgor owns the Pledged Loan, and (ii) the Pledged Loan constitutes an asset of the Pledgor.   An online datasite for the Sale (the "Datasite") is available at the following link: https://bit.ly/PMLNorthUCC (URL is case sensitive). The Datasite will include certain relevant information that Secured Party possesses concerning the Pledgor, the Pledged Loan, the Loan (collectively, the "Disclosed Materials") as well as the Terms of Sale for Public Auction relating to the Sale of the Collateral (the "Terms of Sale"). Access to such information will be conditioned upon execution of a confidentiality agreement which can be found on the Datasite. To participate in the auction, prospective bidders must confirm their ability to satisfy the Requirements in the manner described in the Terms of Sale, and following such confirmation, such qualified participants will be provided a URL and password enabling access to the video conference for the Sale. No information provided, whether in the Datasite or otherwise, shall constitute a representation or warranty of any kind with respect to such information, the Collateral or the Sale. Participants are encouraged to review all Disclosed Materials and perform such due diligence as they deem necessary in advance of the Sale.   The Pledged Loan will be offered in a single lot. The Pledged Loan is being sold strictly on an "AS IS AND WHERE IS" BASIS, AND (i) WITHOUT ANY REPRESENTATIONS OR WARRANTIES (WHETHER EXPRESSED OR IMPLIED) OF ANY KIND MADE BY THE SECURED PARTY (OR ANY OTHER PERSON ACTING FOR OR ON BEHALF OF THE SECURED PARTY), INCLUDING, WITHOUT LIMITATION, WITH RESPECT TO THE EXISTENCE OR NONEXISTENCE OF OTHER LIENS, THE QUANTITY, QUALITY, CONDITION OR DESCRIPTION OF THE PLEDGED LOAN AND/OR THE VALUE OF ANY OF THE FOREGOING, AND (ii) WITHOUT ANY RECOURSE WHATSOEVER AGAINST THE SECURED PARTY (OR ANY OTHER PERSON ACTING FOR OR ON BEHALF OF THE SECURED PARTY). Without limiting the foregoing, any purchaser must purchase the Pledged Loan subject to the terms of the Relevant Documents (defined in the Terms of Sale) and the governing documents of the Pledged Loan.  There are specific requirements for any potential bidder in connection with obtaining information, bidding on the Collateral and purchasing the Collateral (collectively, the "Requirements"), including without limitation complying with: (1) the Pledged Loan's applicable loan documents, and (2) the Terms of Sale.   The Secured Party reserves the right to require a showing of financial ability from prospective bidders prior to the date of the Sale. If a prospective bidder is a special purpose entity or an entity with creditworthiness that is, in the Secured Party's reasonable judgment, insufficient to support the requirements herein, the Secured Party reserves the right to require additional credit support in the form of a guaranty by a creditworthy affiliate of such prospective bidder or other appropriate credit support.  Secured Party may, prior to the Sale described herein, assign all of its right, title and interest in and to the Loan to an affiliate, and in the case of such assignment the assignee shall be considered the "Secured Party" for all purposes hereunder. Secured Party reserves the right to credit bid, set a minimum reserve price, reject all bids and terminate or adjourn the sale to another time, without further notice. All bids (other than credit bids of Secured Party) must be for cash with no financing conditions and the successful bidder must deliver immediately available good funds (1) for the Required Deposit (as defined in the Terms of Sale) on the date of the Sale, and (2) for the balance of the purchase price for the Collateral on the closing date prescribed by the Terms of Sale. The winning bidder must pay all transfer taxes, recording fees, stamp duties and similar taxes as may be required to be paid under applicable law in connection with the purchase of the Collateral.   Questions may be directed to Matthew D. Mannion, 299 Broadway, Suite 1601, New York, New York 10007, (212) 267-6698, mdmannion@jpandr.com.  2/20, 2/27, 3/6 & 3/13/26 $1,004.08