Legal Notices

PLEASE TAKE NOTICE that pursuant to the terms of the Continuing Guaranty, Personal (Unlimited) (the “Guaranty”) executed by Wing Fung Chau (the “Debtor”) in favor of Axos Bank (the “Secured Party”), pledging certain collateral to secure Debtor’s guaranty of a loan to 64-03 Realty LLC (the “Borrower”), and pursuant to New York Uniform Commercial Code (the “Code”) Section 9-611, the undersigned, WBL Servicing, LLC (the “Servicer”), being the servicing agent for the holder of the Guaranty and the indebtedness secured thereby, will sell the following described collateral: Equity Interests of the Debtor in the following corporations and limited liability companies:

135-03 NORTHERN LLC; b. 136-25 41 Realty LLC; c. 1397 MYRTLE LLC; d. 40-70 REALTY LLC; e. 70-05 REALTY INC; f. 70-09 REALTY INC.; G. 82-25 QUEENS MANSION LLC; h. 88 CANAL REALTY, INC.; i. 8105 KNEELAND AVENUE LLC; j. FLUSHING NORTHERN LLC; k. FOWLER LOFT LLC; together with all certificates, options or rights of any nature whatsoever which may be issued or granted to Borrower by Pledged Entity (the “Pledged Equity Interests”); (b) all securities, moneys or property representing dividends or interest on any of the Pledged Equity Interests, or representing a distribution in respect of the Pledged Equity Interests, or resulting from a split-up, revision, reclassification or other like change of the Pledged Equity Interests or otherwise received in exchange therefor, and any subscription warrants, rights or options issued to the holders of, or otherwise in respect of, the Pledged Equity Interests; ( c) all right, title and interest of Borrower in, to and under any policy of insurance payable by reason of loss or damage to the Pledged Equity Interests and any other Collateral; (d) all “accounts”, “general intangibles”, “instruments” and “investment property” (in each case as defined in the Code) constituting or relating to the foregoing; and (e) all Proceeds (as defined in the Pledge Agreement) of any of the foregoing property of Borrower (including, without limitation, any proceeds of insurance thereon, all “accounts”, “general intangibles”, “instruments” and “investment property”, in each case as defined in the Code, constituting or relating to the foregoing) ((a) - (e) collectively referred to as the “Collateral’’).

Method, Time and Place of Disposition: public sale without reserve on January 24, 2024, at 10:00 a.m., prevailing Eastern time, i) in person at the offices of Carter Ledyard & Milburn LLP, 28 Liberty Street, New York, New York 10005, 41st Floor and ii) virtually via online video teleconference. The URL address and password will be provided upon request to Elisa Orrico at eorrico@wbl.com.

Such sale will be “as is, where is.” No representation is made as to the nature and extent of the interest of the Debtor in any of the entities listed above. Terms of sale will be available to any interested parties on request by contacting Elisa Orrico at eorrico@wbl.com.

Each entity interest will be sold separately. Secured Party reserves the right, at any time on or after the date hereof, to sell the Collateral in a private sale, or to cancel, adjourn or amend any and all terms for this public sale. Secured Party also reserves the right to reject any bids, and reserves the right to credit bid for, and to purchase, the Collateral at the Sale. Borrower and Guarantor may be responsible for any deficiency after the sale of the Collateral to the extent provided under the Loan Documents. Dated: November 21, 2023

WBL Servicing, LLC, As Servicer for Axos Bank

By: John Murphy

Title: Authorized Signatory