Pursuant to Section 9.610 of the Texas Business and Commerce Code (the Texas Uniform Commercial Code, the “UCC”), Judson Griffis (herein “Lender”), through his counsel acting as his agent, Bourland, Wall & Wenzel, P.C. (“Agent”), on September 8, 2026 at 10:15 a.m. Central Daylight Time or such later date as provided below (the “Auction Date”) will sell at public sale (the “Auction”) the Collateral (as defined below) pledged by Jason McCallie (“Pledgor”), in accordance with the terms hereof and the Loan Documents (as defined below). To participate in the Auction, you must comply with the Participation Requirements below by September 2, 2026 (the “Bid Deadline”).
This Fourth Amended Notice of Public Sale of the Collateral updates and amends the previous Notice of Public Sale of the Collateral dated June 24, 2026, Amended Notice of Public Sale dated July 9, 2026, Second Amended Notice of Public Sale dated July 21, 2026, and Third Amended Notice of Public Sale dated July 29, 2026.
Loan Documents; Debtors; Secured Party
The term “Loan Documents” refers, collectively, to the JGJM 10 Loan Documents, the JGJM 12 Loan Documents, the JGJM 20 Loan Documents, the McCallie Loan Documents, and the WOF Loan Documents, as those terms are defined below.
The term “JGJM 10 Loan Documents” refers, collectively, to (1) the Loan Agreement dated May 23, 2025 executed by JGJM 10, LLC, Lender, and Pledgor (the “JGJM 10 Note”); (2) the Note Secured by Security Agreement dated May 23, 2025 in the original principal amount of $78,894.20 executed by JGJM 10, LLC; and (3) the Security Agreement dated May 23, 2025 executed by Lender and Pledgor securing the JGJM 10 Note. JGJM 10, LLC is the debtor under the JGJM 10 Loan Documents.
The term “JGJM 12 Loan Documents” refers, collectively, to (1) the Agreement dated May 23, 2025 executed by JGJM 12, LLC, Lender, and Pledgor (the “JGJM 12 Note”); (2) the Note Secured by Security Agreement dated May 23, 2025 in the original principal amount of $101,599.60 executed by JGJM 12, LLC; and (3) the Security Agreement dated May 23, 2025 executed by Lender and Pledgor securing the JGJM 12 Note. JGJM 12, LLC is the debtor under the JGJM 12 Loan Documents.
The term “JGJM 20 Loan Documents” refers, collectively, to (1) the Loan Agreement dated May 23, 2025 executed by JGJM 20, LLC, Lender, and Pledgor (the “JGJM 20 Note”); (2) the Note Secured by Security Agreement dated May 23, 2025 in the original principal amount of $215,503.81 executed by JGJM 20, LLC; and (3) the Security Agreement dated May 23, 2025 executed by Lender and Pledgor securing the JGJM 20 Note. JGJM 20, LLC is the debtor under the JGJM 20 Loan Documents.
The term “McCallie Loan Documents” refers, collectively, to (1) the Loan Agreement dated May 23, 2025 executed by Lender and Pledgor (the “McCallie Note”); (2) the Note Secured by Security Agreement dated May 23, 2025 in the original principal amount of $407,864.34 executed by Pledgor; and (3) the Security Agreement dated May 23, 2025 executed by Pledgor securing the McCallie Note. Jason McCallie is the debtor under the McCallie Loan Documents.
The term “WOF Loan Documents” refers, collectively, to (1) the Loan Agreement dated May 23, 2025 executed by Waco Owner Finance, LLC, Lender, and Pledgor (the “WOF Note”); (2) the Note Secured by Security Agreement dated May 23, 2025 in the original principal amount of $193,938.59 executed by Waco Owner Finance, LLC; and (3) the Security Agreement dated May 23, 2025 executed by Lender and Pledgor securing the WOF Note. Waco Owner Finance, LLC is the debtor under the WOF Loan Documents.
Lender is the secured party under the Loan Documents.
Jason McCallie, JGJM 10, LLC, JGJM 12, LLC, JGJM 20, LLC, Kansas City Owner Finance, LLC, and Waco Owner Finance, LLC may be referred to hereinafter, collectively, as the “Debtors” or, individually, as a “Debtor.”
Collateral description
The Collateral to be sold at Auction will be sold in multiple lots and each lot will consist of all of Pledgor’s right, title, and interest to the Collateral described for that respective lot below (each a “Lot”):
LOT 1:
All of Pledgor’s right, title, and interest to the following (collectively, the “JGJM 10 Collateral”):
JGJM 10 owns assets that include (1) the Super Clean Laundry and Car Wash located at 1402 E. Franklin Street, Hillsboro, TX 76645; (2) the commercial real property located at 1402 E. Franklin Street, Hillsboro, TX 76645; (3) the Waco Drive Laundromat located at 2200 W. Waco Drive, Waco, TX 76701; (4) the commercial real property located at 2200-2208 W. Waco Drive, Waco, TX 76701; and (5) residential duplex properties located at 600-614 Riggins Street, Waco, TX 76706 (collectively, the “JGJM 10 Assets”). For the avoidance of doubt, the JGJM 10 Assets are not part of the JGJM 10 Collateral and are not up for sale at the Auction.
Lender has a first priority security interest in the JGJM 10 Collateral pursuant to the JGJM 10 Loan Documents and the McCallie Loan Documents. JGJM 10 is in default under the JGJM 10 Loan Documents and Pledgor is in default under the McCallie Loan Documents. Thus, Lender is entitled to exercise its rights under Article 9 of the UCC.
LOT 2:
All of Pledgor’s right, title, and interest to the following (collectively, the “JGJM 12 Collateral”):
JGJM 12 owns assets that include a multi-family residential apartment complex known as the Tucker Apartments located at 214 and 230 S. Waco St., Hillsboro, TX 76645 and 214 S. Covington St., Hillsboro, TE 76645 (the “JGJM 12 Assets”). For the avoidance of doubt, the JGJM 12 Assets are not part of the JGJM 12 Collateral and are not up for sale at the Auction.
Lender has a first priority security interest in the JGJM 12 Collateral pursuant to the JGJM 12 Loan Documents and the McCallie Loan Documents. JGJM 12 is in default under the JGJM 12 Loan Documents and Pledgor is in default under the McCallie Loan Documents. Thus, Lender is entitled to exercise its rights under Article 9 of the UCC.
LOT 3:
All of Pledgor’s right, title, and interest to the following (collectively, the “JGJM 20 Collateral”):
JGJM 20 owns assets that include a multi-family residential apartment complex known as Marlin Manor Apartments located at 1139, 1417, 1421, and 1423 McLanahan Rd., Marlin, TX 76661 (the “JGJM 20 Assets”). For the avoidance of doubt, the JGJM 20 Assets are not part of the JGJM 20 Collateral and are not up for sale at the Auction.
Lender has a first priority security interest in the JGJM 20 Collateral pursuant to the JGJM 20 Loan Documents and the McCallie Loan Documents. JGJM 20 is in default under the JGJM 20 Loan Documents and Pledgor is in default under the McCallie Loan Documents. Thus, Lender is entitled to exercise its rights under Article 9 of the UCC.
LOT 4:
All of Pledgor’s right, title, and interest to the following (collectively, the “KCOF Collateral”):
KCOF owns assets that include (1) seller financed mortgage notes on multiple single-family residences located in the Kansas City metropolitan area; and (2) multiple single-family residences located in the Kansas City metropolitan area (the “KCOF Assets”). For the avoidance of doubt, the KCOF Assets are not part of the KCOF Collateral and are not up for sale at the Auction.
Lender has a first priority security interest in the KCOF Collateral pursuant to the McCallie Loan Documents. Pledgor is in default under the McCallie Loan Documents. Thus, Lender is entitled to exercise its rights under Article 9 of the UCC.
LOT 5:
All of Pledgor’s right, title, and interest to the following (collectively, the “WOF Collateral”):
WOF owns assets that include (1) seller financed mortgage notes on multiple single-family residences located in or near Waco, Texas; (2) multiple single-family residences located in or near Waco, Texas; and (3) a condominium located in Port Aransas, Texas (the “WOF Assets”). For the avoidance of doubt, the WOF Assets are not part of the WOF Collateral and are not up for sale at the Auction.
Lender has a first priority security interest in the WOF Collateral pursuant to the WOF Loan Documents and the McCallie Loan Documents. WOF is in default under the WOF Loan Documents and Pledgor is in default under the McCallie Loan Documents. Thus, Lender is entitled to exercise its rights under Article 9 of the UCC.
The JGJM 10 Collateral, the JGJM 12 Collateral, the JGJM 20 Collateral, the KCOF Collateral, and the WOF Collateral may be referred to hereinafter, collectively, as the “Collateral.”
The JGJM 10 Pledged Securities, the JGJM 12 Pledged Securities, the JGJM 20 Pledged Securities, the KCOF Pledged Securities, and the WOF Pledged Securities may be referred to hereinafter, collectively, as the “Pledged Securities.”
Time, Date, and Manner of Sale
The Auction will take place on September 8, 2026, at 10:15 a.m., Central Daylight Time, at the offices of Bourland, Wall & Wenzel, P.C., 301 Commerce Street, Suite 2500, Fort Worth, TX 76102, but all open bidding shall be conducted exclusively via video conference. Only Qualified Bidders (as defined below) and their representatives may attend. Video conference credentials will be supplied to Qualified Bidders.
Participation Requirements
In order to participate in the bidding process at the Auction and obtain admittance to the video conference, each person (a “Potential Bidder”) must deliver to counsel to Lender via email at [email protected] by the Bid Deadline:
A Potential Bidder that complies with the foregoing requirements and is approved by the Lender shall be deemed a qualified bidder (each, a “Qualified Bidder”). Lender shall also be deemed to be a Qualified Bidder.
Information and Due Diligence:
A Qualified Bidder will be permitted to perform due diligence by contacting the following representative of the Agent: David Goodman ([email protected]). Lender will provide access to information regarding the Collateral to Qualified Bidders at the Lender’s discretion. Each Potential Bidder that executes an NDA shall be deemed to acknowledge and represent that (i) it is bound by the Terms and Conditions of Sale in this Notice; (ii) it has had an opportunity to perform due diligence on the Collateral; (iii) it is not relying upon any written or oral statements, representations, or warranties of the Lender, or his staff, agents or attorneys; and (iv) all provided documents and reports have been provided solely for the convenience of interested parties and neither the Lender nor his staff, agents or attorneys, make any representations as to the accuracy or completeness of same. Qualified Bidders are solely responsible for performing their own due diligence to determine the nature, value, fitness for use, and status of the offered Collateral through independent investigation by themselves and their legal and financial advisors.
Terms and Conditions of Sale
Each respective Lot will be offered for sale to any Qualified Bidder in a single block to a single purchaser for cash only, without recourse against the Lender and subject to the disclaimer of representations and warranties set forth below.
The Auction will be conducted by open bidding via video conference in accordance with this notice and with any additional bidding procedures that may be distributed by the Agent not less than one business day prior to the Auction Date. The Auction will be recorded. Each respective Lot of Collateral shall be sold for cash at such price or prices and on such other commercially reasonable terms as Lender may determine; provided Lender may credit bid as set forth below. Lender reserves the right to establish a minimum bid or reserve price for any Lot in its sole discretion. Higher bids will continue to be entertained for a particular Lot until Lender has determined that it has received the highest or best bid for such Lot in its reasonable discretion. Lender reserves the right to reject any and all bids.
All bids must be made orally by a Qualified Bidder at the time of the Auction. Lender reserves the right to postpone or adjourn the Auction to a future date by giving notice thereof at the Auction without the necessity of prior or subsequent notice or published notice.
The Pledged Securities are all unregistered securities under the Securities Act of 1933 (the “1933 Act”). Because the Pledged Securities are unregistered under the 1933 Act, each respective Lot of the Pledged Securities will be sold in bulk in one block. The sale of the Collateral will be conducted in compliance with federal and state securities laws, including without limitation: (i) each bidder’s representation that he, she or it (a) is an “accredited investor” as defined in Regulation D under the Securities Act of 1933, as amended, or (b) (1) has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the risks and merits of the investment, and (2) has sufficient financial means to afford the risk of the investment, and (c) is acquiring the Collateral for investment purposes with no present view to a further distribution; and (ii) acknowledgement by the purchaser that the Collateral is a restricted security, the further transfer of which is restricted unless registered or exempt from registration under state and federal securities laws, and that any membership certificate representing the purchaser’s interest in the Collateral will bear a legend substantially to such effect.
THIS NOTICE DOES NOT CONSTITUTE AN OFFER TO SELL, NOR THE SOLICITATION OF AN OFFER TO BUY, THE PLEDGED SECURITIES TO OR FROM ANYONE IN ANY JURISDICTION IN WHICH SUCH AN OFFER OR SOLICITATION IS NOT AUTHORIZED.
Lender reserves the right to bid for and purchase the Collateral and to credit its bid and purchase price against the indebtedness secured by its security interests in the Collateral and all expenses of the sale as allowed by law, notwithstanding any requirement herein that the sale of the Collateral be for cash.
Twenty-five percent (25%) of the purchase price must be paid at the time of the Auction by wire transfer of immediately available funds, or such other method accepted by Lender in its sole discretion. The remainder of the purchase price must be paid in full within two (2) business days of the Auction by a wire transfer of same day funds, or on such other terms as agreed by Lender in its sole discretion. Should the successful bidder for a Lot fail to deliver either payment of the purchase price for such Lot at the time required herein, the Lender reserves the right, in its sole discretion, to re-sell such Lot and retain any amounts previously paid by the defaulting successful bidder, and any loss arising from such sale shall be the responsibility of the defaulting successful bidder.
Qualified Bidders are advised to contact the Lender as indicated herein prior to attendance.
The Collateral will be sold subject to any applicable federal tax liens, leases, prior security interests and liens, any prior encumbrances or charges, and all terms and restrictions of the applicable Company Agreement.
No Representations or Warranties by the Lender
THE COLLATERAL WILL BE SOLD WITH ALL FAULTS, AS-IS, WITHOUT RECOURSE AGAINST LENDER, AND WITH NO EXPRESS OR IMPLIED REPRESENTATIONS OR WARRANTIES WITH RESPECT TO TITLE, USE, CONDITION, FITNESS FOR A PARTICULAR PURPOSE, MERCHANTABILITY, MARKETABILITY, OR OTHERWISE.
LENDER MAKES NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE COLLATERAL, THE CONDITION OF THE COLLATERAL, THE TITLE TO THE COLLATERAL, THE EXISTENCE OR NATURE OF ANY LIENS OR ENCUMBRANCES, THE VALUE OF THE INTEREST OFFERED FOR SALE, AND EXPRESSLY DISCLAIMS ANY REPRESENTATIONS AND WARRANTIES OF MERCHANTABILITY, MARKETABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND OTHERWISE.
Inquiries
Persons who are interested in becoming a Qualified Bidder for the Collateral and desire more information concerning the Collateral or the Auction may contact Lender’s counsel as follows:
David J. Goodman
[email protected]
Bourland, Wall & Wenzel, P.C
301 Commerce Street, Suite 2500
Fort Worth, Texas 76102
(817) 877-1088
Accounting
Each Debtor is entitled to an accounting of such Debtor’s unpaid debt at no charge by contacting David Goodman, counsel for Lender, by e-mail at [email protected] or by phone at (817) 877-1088.
This Notice of Public Sale of Collateral is dated August 12, 2026.
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