PUBLIC NOTICE OF UCC ARTICLE 9 SALE: MEMBERSHIP INTERESTS IN SKJ, LLC AND TRYON & GORMAN, LLC

NOTICE OF SECURED PARTY’S PUBLIC SALE BY AUCTION ADVISORS OF MEMBERSHIP INTERESTS IN SKJ, LLC AND TRYON & GORMAN, LLC UNDER ARTICLE 9 OF THE UNIFORM COMMERCIAL CODE

PLEASE TAKE NOTICE that on December 17, 2025, starting at 11:35 a.m. Eastern Time, 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:

(i) SKJ, LLC a North Carolina limited liability company and (ii) Tryon@Gorman, LLC a North Carolina limited liability company. (the “Pledged Entities”). The Pledged Entities own 4 parcels of real property in North Carolina.

Jeff Marshall Stokley, Sr. (the “Pledgor”) is the current owner of 100% of the membership interests in the Pledged Entities. To secure his obligations to Secured Party, among other actions, Pledgor pledged to Secured Party a first-priority, perfected security interest in and to his membership interests in the Pledged Entities.

The sale will be conducted virtually via online video conference. 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].

Secured Party is and shall be a qualified bidder and shall be allowed to credit bid amounts due and owing to it by Pledgor in connection with any bids it may make with respect to the membership interests in the Pledged Entities.

The auction sale will be held to enforce the rights of Secured Party under the certain Ownership Interest Pledge Agreement and UCC financing statement identified on Schedule 1 hereto pursuant to which Pledgor granted Secured Party a security interest in, among other things, the membership interests in the Pledged Entities.

Qualified bidders shall be required to post a $25,000.00 good faith deposit prior to bidding, which deposit will be required to be increased to twenty five percent (25%) of the successful bid by the successful bidder on or prior to 12:00 NOON Eastern Time on December 15, 2025. Secured Party shall not be required either to post a good faith deposit or to increase its deposit as aforesaid.

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 Pledgor in the Pledged Entities are unregistered securities under the Securities Act of 1933, and as such are subject to certain transfer restrictions. The membership interests owned by Pledgor in the Pledged Entities will be sold as a single block.

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 Pledged Entities. Secured Party reserves the right to credit bid at the sale. 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.

You are entitled to an accounting of the unpaid indebtedness secured by the membership interests of the Pledged Entities that we intend to sell for no additional charge. You may request an accounting by calling Joshua Olshin of Auction Advisors at: 212-375-1222 ext 705.

Certain additional but limited information available to Secured Party regarding the Pledged Entities 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 by visiting www.AuctionAdvisors.com.

Any interested bidder must satisfy the requirements to be a “qualified bidder” by no later than NOON Eastern Time on December 15, 2025.

The auction of the Membership Interests will commence at 11:35 A.M. Eastern Time on December 17, 2025.

Schedule 1

Ownership Interest Pledge Agreement
Ownership Interest Pledge Agreement dated as of June 11, 2024, executed by Jeffrey Marshall Stokley, Sr., with respect to the Loan made to the Borrowers.

UCC Filing

North Carolina