PUBLIC NOTICE OF UCC ARTICLE 9 SALE: Tekton Artesian Springs LLC

NOTICE OF UCC ARTICLE 9 SALE BY AUCTION ADVISORS OF MEMBERSHIP INTERESTS IN TEKTON ARTESIAN SPRINGS LLC

On December 17, 2025, starting at 11:20 am ET, Auction Advisors, as Auctioneer, on behalf of Loan Originations LLC, a Delaware limited liability company (“Secured Party”), will offer for sale at a public auction under the Uniform Commercial Code, 100% of the limited liability company membership interests in Tekton Artesian Springs LLC, a Wyoming limited liability company (the “Borrower”). Any interested bidder must satisfy the requirements to be a “qualified bidder” by no later than NOON ET on December 15, 2025.

Borrower is the developer of a planned 40-single-family home subdivision, strategically located in the rapidly expanding Treasure Valley community of Middleton, ID.

Value Land LLC (“Value Land”) is the current owner of 50% of the membership interests in the Borrower. Tekton Urban Planning, LLC (“Tekton Urban,” together with Value Land, the “Guarantors”) is the current owner of the other 50% of the membership interests in the Borrower.

To secure their obligations to the Secured Party, among other actions, each of the Guarantors pledged to Secured Party a first-priority, perfected security interest in and to their respective membership interests in the Borrower. The sale will be held to enforce the rights of Secured Party under those certain Security and Pledge Agreements and UCC financing statements pursuant to which the Guarantors granted the Secured Party’s predecessor in interest a security interest in, among other things, the membership interests in Borrower.

The sale of each of the Guarantors’ 50% membership interests in Borrower will be conducted simultaneously, virtually, via an online video conference.

Qualified bidders for each 50% of membership interests in Borrower shall be required to post a $100,000.00 good-faith deposit before bidding, which deposit will be required to be increased to 25% of the successful bid by the successful bidder on or before Noon ET on December 18, 2025. For clarity, to be a qualified bidder for 100% of membership interests in the Borrower, it shall be required to post a $200,000.00 good-faith deposit before bidding. Additional instructions on how to become a qualified bidder and attend the auction via online video conference are set forth in the Terms & Conditions of Auction, which are available online at www.AuctionAdvisors.com or by contacting Joshua Olshin of Auction Advisors at: [email protected] or at 212-375-1222 ext 705. Certain additional but limited information regarding the Borrower will be made available via a secure data room to prospective bidders who execute a non-disclosure agreement. Such non-disclosure agreement, and other information and due diligence materials may be obtained as noted above.

The sale will be FINAL and on an “AS-IS, WHERE IS, WITH ALL FAULTS” basis and will be made WITHOUT REPRESENTATION OR WARRANTY WHATSOEVER. The membership interests owned by the Guarantors in the Borrower are unregistered securities under the Securities Act of 1933, and as such are subject to certain transfer restrictions. The membership interests owned by Value Land in the Borrower will be sold as a single block, and those owned by Tekton Urban shall be sold as a single block.

Secured Party is and shall be a qualified bidder without the need to post a good faith deposit or to increase its deposit as provided above and shall be allowed to credit bid amounts due and owing to it by the Guarantors in connection with any bids it may make with respect to the membership interests in the Borrower. Secured Party reserves the right to establish all bidding procedures and requirements and to have prospective bidders reasonably demonstrate to the satisfaction of Secured Party that they are qualified investors and their ability to perform and close on the acquisition of the membership interests in the Borrower. Secured Party also reserves the right to adjourn, continue, or cancel the sale without further notice. Other terms and conditions of the sale are set forth in the Terms & Conditions. The Secured Party is represented by Berkovitch & Bouskila PLLC. 1545 U.S. 202, Ste, 101, Pomona, NY 10970, Phone. 212.729.1477.

Schedule 1
Ownership Interest Pledge Agreement

Ownership Interest Pledge Agreement dated as of March 3, 2025, executed by Value Land with respect to the Loan made to the Borrower.

UCC Filings

Idaho

EXHIBIT A

As security for the payment of all Liabilities, as defined below, Debtor hereby pledges to Lender, and grants to Lender a continuing security interest in, all of the following:

A. the Company Interests, which shall mean all right, title and interest of Debtor in and to the following: Tekton Artesian Springs LLC, a Wyoming limited liability company (“Company” or “Borrower”), all profits, income, surplus,compensation, return of capital, distributions, and other disbursements and payments to Company and/or Debtor (including, without limitation, specific properties of Company upon dissolution or otherwise), and all interests in Company now owned or hereafter acquired by Debtor as a result of exchange offers, direct investments, contributions or otherwise; but excluding any obligation or liability of Debtor with respect to the Company or any duty of Debtor as an owner of Company;

B. all cash and other property, of any kind or nature,distributed or payable at any time or from time to time by Company to Debtor related to the Company Interests, as a distribution, in complete or partial liquidation or otherwise,including, without limitation, Debtor’s membership interest of any revenues of Company derived from any contract;

C. all patents and trademarks owned by or in the name of Debtor and/or Company;

D. all other Pledged Property, which shall mean all Company Interests, all property received in exchange or substitution for Company Interests, all dividends,distributions and other returns from Company Interests, all other property delivered by Debtor to the Lender for the purpose of pledge under the Ownership Interest Pledge Agreement, and all proceeds of any of the foregoing; and All of the foregoing are herein collectively called the “Collateral”. For purposes of this Exhibit “A”, “Liabilities” means all Indebtedness (as defined below), obligations, and liabilities of Borrower or Debtor, to the Secured Party under the Loan Documents (as defined below), whether on account of principal, interest, indemnities, fees (including, without limitation, Attorneys’ Fees, remarketing fees, origination fees, collection fees, and all other professional fees), costs, expenses, taxes, or otherwise.

“Indebtedness” means the principal of, interest on, and all other amounts and payments due under or evidenced by the following (a) that certain Secured Note, Loan and Security Agreement, and Security Instrument entered into by and between Debtor, Borrower, and Secured Party and dated as of March 3, 2025 (the “Loan Documents”), (b) all funds later advanced by Lender to or for the benefit of Borrower or Debtor under any provision of any of the Loan Documents, (c) any future loans or amounts advanced by Secured Party to Debtor or Debtor when evidenced by a written instrument or document that specifically recites that the obligations evidenced by such document are secured by the terms of the Security Agreement, including, but not limited to, funds advanced to protect the security or priority of the Security Agreement.