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PUBLIC NOTICE OF UCC SALE: Art Lending, Inc

Notice of Disposition of Collateral
Public Auction – UCC Sale

Notice is hereby given that, in accordance with applicable provisions of the Uniform Commercial Code as enacted in Nevada, Allied Affiliated Funding, a Division of Axiom Bank, N.A. (the “Agent”) under that certain (i) that certain Loan and Security Agreement with Art Lending, Inc. (the “Grantor”), dated as of June 18, 2021, as amended by that certain First Amendment to Loan and Security Agreement, dated as of October 3, 2022, as further amended by that certain Limited Waiver and Second Amendment to Loan and Security Agreement, dated as of July 3, 2024 (as the same may be further amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Loan Agreement”), will offer for sale, at public auction, certain Collateral (as defined below) pledged to it by the Grantor. The public auction (the “Auction”) will be held by Mannion Auctions, LLC, as auctioneer for the Agent for the benefit of itself and the Lenders (the “Auctioneer”), and held virtually at 2:00 p.m. (Prevailing Eastern Time) on March 12, 2026 (the “Auction Date”) and towards that end, the Agent is now soliciting opening bids from qualified bidders which must be submitted on or before 12:00 noon (Prevailing Eastern Time) on March 10, 2026 (the “Bid Deadline”). The Collateral will be sold to the to the highest qualified bidder at the Auction; provided, however, that Lender reserves the right to cancel the Auction in its entirety, or to adjourn the Auction to a future date.

The Collateral will be sold in six (6) lots (described below), and there is no warranty or representations relating to title, possession, quiet enjoyment, merchantability, fitness, or the like inthis disposition. The Agent for the benefit of itself and the Lenders reserves the right for itself and any assignee to bid (whether by cash and/or crediting some or all of the secured obligations) and to become the purchaser at the sale. Parties interested in bidding on the Collateral must contact the Auctioneer, Mannion Auctions, LLC, Attn: Matthew D. Mannion, 299 Broadway, Suite 1601, New York, NY 10007, Tel.: (212) 267-6698, [email protected]. The Terms of Sale, bidding instructions and additional documentation will be available by contacting the Auctioneer. Interested parties who do not contact the Auctioneer prior to the sale and submit an opening bid and required deposit on or before the Bid Deadline will not be permitted to bid at the auction.

The Collateral to be sold consists of six separate notes each of which is secured by various artworks, including Borrower’s title and interest in the following, as well all supporting obligations related thereto, including without limitation all guaranties, letters of credit, letter-of- credit rights, indemnities, security agreements, mortgages, deeds of trust, pledges, assignments, subordination agreements, intercreditor agreements, collateral agency or participation agreements, and any other collateral documents or credit support securing or supporting such Notes or any obligations of the underlying obligors as well as any proceeds or offsprings thereof: (1) The Secured Grid Promissory Note dated as of November 2, 2020 by and between The Art Guarantee Fund, LLC as borrower and AF Funding (VIII) LLC as lender in the original principal sum of the lesser of (A) Two Million Two Hundred Fifty Thousand Dollars ($2,250,000.00) or (B) the principal amount of the loan. This note is secured by Monumental Marble Vase by Paul Howard Manship; (2) The Secured Grid Promissory Note dated as of June 26, 2019 by and between Art Investment Fund (VIII) LLC as borrower and Art Finance Funding (VI) LLC as well as any successors and participants dated as of June 26, 2019 in the original principal amount of the lesser of (A) One Million Dollars ($1,000,000.00) or (B) or the principal amount of the loans, as amended from time to time. This note is secured by In the Teton Range by Thomas Moran; (3) The Secured Grid Promissory Note dated as of August 2017 by and between Madison Avenue, LLC as borrower and Art Finance Funding (VI) LLC as well as any successors and participants as lender in the original principal amount of the lesser of (A) One Million Five Hundred Thousand Dollars ($1,500,000.00) or (B) the principal amount of the loan. This note is secured by Oval Form by Barbara Hepworth; (4) The Secured Grid Promissory Note dated as of October 31, 2019 by and between Procacini S.L. and Florencio Nicolas Cortes Barrios jointly and severally as borrowers and AF Funding (VIII) LLC as well as any successors and participants as lender in the original principal amount of the lesser of (A) Five Million Dollars ($5,000,000.00) or (B) the principal amount of the loan. This note is secured by Jonquils I by Georgia O’Keeffe; (5) The Secured Grid Promissory Noted dated as of April 30, 2021 by and between Carlton C. Rochell, Jr. as borrower and Art Finance Funding (VI), LLC as well as its assignees and participants as lender in the original principal amount of the lesser of (A) Two Million Five Hundred Thousand Dollars ($2,500,000.00) or (B) the principal amount of the loan. This note is secured by Saint Lois of France by Juan de Mesa; and (6) The Secured Grid Promissory Noted dated as of December 23, 2020 by and between W&P Galleries, Inc. as borrower and Art Funding (X), LLC as well as its assignees and participants as lender in the original principal amount of the lesser of (A) Six Million Five Hundred Thousand Dollars ($6,500,000.00) or (B) the principal amount of the loan. This note is secured by various Himalayan Antiquities.

Bids may be submitted either on a single Note or all the Notes. More information on each of Notes and artworks securing each of the Notes can be obtained by contacting the Auctioneer prior to the Bid Deadline.

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