2833 N Bristol Street,,
Santa Ana, CA 92706

Collateral Snapshot

NOTICE OF PUBLIC SALE OF COLLATERAL UNDER THE UNIFORM COMMERCIAL CODE

PLEASE TAKE NOTICE that, in accordance with applicable provisions of the Uniform Commercial Code as in effect in the State of California (Cal. Com. Code § 9601 et seq.) (the “UCC”), by virtue of one or more continuing Events of Default under that certain Pledge and Security Agreement dated as of September 12, 2025 (the “Pledge Agreement”), executed and delivered by The Marcil Family Trust established May 9, 1997 (the “Trust”) and Woodglen Apts., LLC, a California limited liability company (“Woodglen” and, together with the Trust, “Pledgors”), NANO BANC, a California corporation (“Secured Party”), will sell at public auction, pursuant to Section 9610 of the UCC, all of Pledgors’ right, title and interest in and to: (i) 100% of the limited partnership interests in PACIFICA GARDEN APTS., LP, a California limited partnership (the “Company”), held by the Trust; (ii) 100% of the general partnership interests in the Company, held by Woodglen; and (iii) certain related rights, proceeds and property (collectively, the “Pledged Interests”). Secured Party’s security interests are perfected by UCC-1 Financing Statements filed with the California Secretary of State on May 27, 2026 as File Nos. U260038967640 and U260038966941. Secured Party understands that the principal asset of the Company is that certain multifamily real property located at 2833 N. Bristol Street, Santa Ana, California (approx. 244 units). THE SALE IS A DISPOSITION OF THE PLEDGED INTERESTS ONLY AND IS NOT A SALE OF THE REAL PROPERTY; THE PLEDGED INTERESTS REMAIN SUBJECT TO ALL LIENS AND ENCUMBRANCES AGAINST SUCH REAL PROPERTY.

The sale will be held on SEPTEMBER 9, 2026, at 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time, in front of the main entrance of the Orange County Superior Court, 700 Civic Center Drive West, Santa Ana, California 92701, and via remote videoconference, in partial satisfaction of an indebtedness in the amount of not less than $8,613,150.55 as of June 30, 2026, including principal, interest, default interest, late charges, legal fees and costs, with additional interest, fees, costs and expenses continuing to accrue. The Pledged Interests will be offered as a single lot, collectively conveying 100% of the partnership interests in the Company, and will be sold “AS IS, WHERE IS,” without recourse and without any representations or warranties of any kind, subject to all prior liens, applicable third-party consents and transfer restrictions, and to the complete Terms and Conditions of Sale (the “Terms of Sale”). The Pledged Interests have not been registered under the Securities Act of 1933 or any state securities laws and may not be disposed of in violation thereof. Secured Party reserves the right to credit bid all or any portion of the outstanding indebtedness, to set a reserve price, to reject any and all bids, and to terminate, adjourn or postpone the sale by announcement at the time and place fixed therefor.

The sale will be conducted by Mannion Auctions, LLC, by Matthew D. Mannion, a duly licensed and bonded auctioneer, 299 Broadway, Suite 1601, New York, NY 10007, mdmannion@jpandr.com (the “Auctioneer”). Interested parties that intend to bid on the Pledged Interests must contact Secured Party’s broker, Greg Corbin of Northgate Real Estate Group, 1633 Broadway, 46th Floor, New York, NY 10019, Tel: (212) 369-1800, Email: greg@northgatereg.com (the “Broker”), and the Auctioneer, to receive the Terms of Sale and bidding instructions. Upon execution of the Broker’s standard confidentiality agreement, access to a due diligence data room and additional documentation and information will be made available. Each prospective bidder (other than Secured Party) must become a “Qualified Bidder” in accordance with the Terms of Sale no later than five (5) business days prior to the sale date, including by providing evidence of financial ability satisfactory to Broker and delivering a deposit of $500,000.00 in immediately available funds. Interested parties that do not qualify as Qualified Bidders will not be permitted to bid.