T.S. No.: 2026-05071 APN: 153-011-057-000 TRA No.: 051002 NOTICE OF TRUSTEE'S SALE YOU ARE IN DEFAULT UNDER A DEED OF TRUST DATED 4/16/2023. UNLESS YOU TAKE ACTION TO PROTECT YOUR PROPERTY, IT MAY BE SOLD AT A PUBLIC SALE. IF YOU NEED AN EXPLANATION OF THE NATURE OF THE PROCEEDINGS AGAINST YOU, YOU SHOULD CONTACT A LAWYER. A public auction sale to the highest bidder for cash payable at time of sale in lawful money of the United States by cash, a cashier's check drawn by a state or national bank, a check drawn by a state or federal credit union, or a check drawn by a state or federal savings and loan association, savings association, or savings bank specified in Section 5102 of the Financial Code and authorized to do business in this state will be held by the duly appointed trustee as shown below. The sale will be made, but without covenant or warranty, expressed or implied, regarding title, possession, or encumbrances, to pay the remaining principal sum of the note(s) secured by the Deed of Trust, with interest and late charges thereon, as provided in the note(s), advances, under the terms of the Deed of Trust, interest thereon, fees, charges and expenses of the Trustee for the total amount (at the time of the initial publication of the Notice of Sale) reasonably estimated to be set forth below. The amount may be greater on the day of sale. Trustor: CEA DEVELOPMENT LLC., A CALIFORNIA LIMITED LIABILITY COMPANY Beneficiary Name: VIRIDESCENT REALTY TRUST, INC., A MARYLAND REAL ESTATE INVESTMENT TRUST Duly Appointed Trustee: INTEGRATED LENDER SERVICES INC., A DELAWARE CORPORATION and pursuant to Deed of Trust recorded 5/15/2023 as Instrument No. 2023014653 in book ---, page --- of Official Records in the office of the Recorder of Monterey County, California, Date of Sale: 5/26/2026 at 10:00 AM Place of Sale: Outside the Main entrance of the Monterey County Administration building located at 168 West Alisal Street, Salinas, CA 93901 Amount of unpaid balance and other charges: $35,728,732.85 The property heretofore is being sold “as is.” The street Address or other common designation of real property is purported to be: 2274 ALISAL ROAD, SALINAS, CA 93908 Beneficiary hereby elects to conduct a unified foreclosure sale pursuant to the provisions of California Commercial Code section 9601 and 9604 , et seq., and to include in the non-judicial foreclosure of the real property interest described in the DEED OF TRUST between the original Trustor and the original Beneficiary, as it may have been amended from time to time, and pursuant to any other instruments between the Trustor and Beneficiary referencing a security interest in personal property. Beneficiary reserves its right to invoke its election as to some or all of said personal property and/or fixtures, or to add additional personal property and/or fixtures to the election herein expressed, as Beneficiary's sole election, from time to time and at any time until the consummation of the trustee's sale to be conducted pursuant to the Deed of Trust and this Notice of Trustee's Sale. The personal property which was given as security for Trustor's obligation is INCLUDING BUT NOT LIMTED TO; TRUSTOR'S ASSETS, WHETHER NOW OWNED OR HEREAFTER ACQUIRED, AND ALL PRODUCTS AND PROCEEDS THEREOF. SEE ATTACHED EXHIBIT A OF COLLATERAL. No warranty is made that any or all of the personal property still exists or is available for the successful bidder and no warranty is made as to the condition of any of the personal property, which shall be sold "as is" "where is". See Exhibit “A" collateral Legal Description: As more fully described on said Deed of Trust. A.P.N.: 153-011-057-000 The undersigned Trustee disclaims any liability for any incorrectness of the street address or other common designation, if any, shown above. If no street address or other common designation is shown, directions to the location of the property may be obtained by sending a written request to the beneficiary within 10 days of the date of first publication of this Notice of Sale. The beneficiary under said Deed of Trust heretofore executed and delivered to the undersigned a written Declaration of Default and Demand for Sale, and a written Notice of Default and Election to Sell. The undersigned caused said Notice of Default and Election to Sell to be recorded in the county where the real property is located and more than three months have elapsed since such recordation. NOTICE TO POTENTIAL BIDDERS: If you are considering bidding on this property lien, you should understand that there are risks involved in bidding at a trustee auction. You will be bidding on a lien, not on the property itself. Placing the highest bid at a trustee auction does not automatically entitle you to free and clear ownership of the property. You should also be aware that the lien being auctioned off may be a junior lien. If you are the highest bidder at the auction, you are or may be responsible for paying off all liens senior to the lien being auctioned off, before you can receive clear title to the property. You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this property by contacting the county recorder's office or a title insurance company, either of which may charge you a fee for this information. If you consult either of these resources, you should be aware that the same lender may hold more than one mortgage or deed of trust on the property. NOTICE TO PROPERTY OWNER: The sale date shown on this notice of sale may be postponed one or more times by the mortgagee, beneficiary, trustee, or a court, pursuant to Section 2924g of the California Civil Code. The law requires that information about trustee sale postponements be made available to you and to the public, as a courtesy to those not present at the sale. If you wish to learn whether your sale date has been postponed, and, if applicable, the rescheduled time and date for the sale of this property, you may call 1-844-477-7869 or visit this Internet Web site http://www.stoxposting.com/sales-calendar, using the file number assigned to this case 2026-05071. Information about postponements that are very short in duration or that occur close in time to the scheduled sale may not immediately be reflected in the telephone information or on the Internet Web site. The best way to verify postponement information is to attend the scheduled sale. NOTICE TO TENANT: You may have a right to purchase this property after the trustee auction pursuant to Section 2924m of the California Civil Code. If you are an “eligible tenant buyer” you can purchase the property if you match the last and highest bid placed at the trustee auction. If you are an “eligible bidder,” you may be able to purchase the property if you exceed the last and highest bid placed at the trustee auction. There are three steps to exercising this right of purchase. First, 48 hours after the date of the trustee sale, you can call 1-844-477-7869 or visit this internet website site http://www.stoxposting.com/sales-calendar, using the file number assigned to this case 2026-05071 to find the date on which the trustee’s sale was held, the amount of the last and highest bid, and the address of the trustee. Second, you must send a written notice of intent to place a bid so that the trustee receives it no more than 15 days after the trustee’s sale. Third, you must submit a bid so that the trustee receives it no more than 45 days after the trustee’s sale. If you think you may qualify as an “eligible tenant buyer” or “eligible bidder,” you should consider contacting an attorney or appropriate real estate professional immediately for advice regarding this potential right to purchase. Effective March 1, 2026, the U. S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) requires that a Real Estate Report (“FinCEN Report”) be filed with FinCEN for certain residential real estate transfers, including purchases with all cash or without institutional lender financing, where at least one buyer or transferee is a legal entity, limited liability company, corporation, partnership, trust, trustee or other non-natural person. If the proposed transaction involves a reportable transfer, the 3rd party purchaser, prior to receiving the Trustees Deed, must provide all information and documentation necessary to complete and file the FinCEN Report. If this is a reportable transfer, the 3rd party purchaser will be receiving an email from our FinCEN Report vender and will be required to provide the information being requested. . Additional information regarding FinCEN’s reporting requirements is available at https://www.fincen.gov/rre/. THIS FIRM IS ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. Date: 4/27/2026 INTEGRATED LENDER SERVICES INC., A DELAWARE CORPORATION, as Trustee 1551 N. Tustin Avenue, Suite 840 Santa Ana, California 92705 (800) 232-8787 For Sale Information please call: 1-844-477-7869 MICHAEL REAGAN, TRUSTEE SALES OFFICER EXHIBIT A All of Debtor’s right, title and interest, whether now owned and existing or hereafter acquired, in and to: (i) the Pledged Interests; (ii) all Ownership Proceeds, whether now owned and existing or hereafter acquired; (iii) each Governing Agreement; (iv) all securities and equity interests issued in lieu of or in exchange for such Pledged Interests; (v) all promissory notes, certificates, instruments, accounts, investment property and general intangibles representing or evidencing such Pledged Interests; (vi) any and all rights to manage, direct or control a Pledged Entity through the Pledged Interests; and (vii) any and all rights Debtor may now or hereafter have in and to the profits, retained earnings or other capital of each Pledged Entity. “Code”: The Uniform Commercial Code as in effect from time to time in the State of California. “Governing Agreement”: Each limited liability company operating agreement governing each Pledged Entity and Pledged Interest, as the same has been or may hereafter be amended or otherwise modified from time to time. “Ownership Proceeds”: (i) all of the present and future rights of Debtor to receive any and all distributions and payments of money or property as the owner of the Pledged Interests, and whether from cash proceeds from operations, profits, cash proceeds from sale, refinancing or other disposition of assets, return of capital or any other source whatsoever, and whether payable under each Governing Agreement or otherwise; (ii) Debtor’s capital or ownership interests, including capital accounts, as a member of each Pledged Entity and any certificates or instruments representing such interests; (iii) all present and future indebtedness of each Pledged Entity to Debtor under the applicable Governing Agreement; (iv) Debtor’s right, title and interest, as a member of each Pledged Entity, in or to any and all of the assets or properties of such Pledged Entity; (v) all present and future contracts for the sale or other disposition of any present or future membership interest in each Pledged Entity owned by Debtor, and all amounts payable under all such contracts; and (vi) all cash and non-cash Proceeds (as defined in the Code) of the above. “Pledged Entity”: CEA Development, LLC, a California limited liability company “Pledged Interests” means the membership interests in the Pledged Entity, together with all membership certificates, stock certificates, options or rights of any nature whatsoever which may be issued or granted by any Pledged Entity with respect thereto, including, without limitation, the Certificates. All of the Debtor's present and future right, title and interest in and to any and all assets, including without limitation the following personal property and fixture property, wherever located, whether such property be now owned, existing or hereafter acquired or created and all proceeds, accessions and products thereof: (a) All accounts, contract rights, chattel paper, instruments, deposit accounts, letter of credit rights, payment intangibles and general intangibles, including receivables, all amounts due to the Debtor from a factor without limitation; and all returned or repossessed goods which, on sale or lease, resulted in an account or chattel paper. (b) All Inventory, including without limitation all inventory materials, work in process and finished goods. (c) All Equipment, including without limitation all machinery, furniture, fixtures and other equipment of every type now owned or hereafter acquired by the Debtor (including, but not limited to, the Equipment described in the attached Equipment description, if any). (d) All of the Debtor's deposit accounts with any bank or depository institution, including without limitation the "Government Payment Account" and the "Collection Account" as described and defined in the Deed of Trust. The Collateral shall include any renewals or rollovers of the deposit accounts, any successor accounts, and any general intangibles and choses in action arising therefrom or related thereto. (e) All instruments, notes, chattel paper, documents, certificates of deposit, securities and investment property (as hereinafter defined) of every type. The Collateral shall include all liens, guaranties, security agreements, leases and other contracts, rights, remedies and privileges securing or otherwise relating to the foregoing, including the right of stoppage in transit. (f) All tax refunds of every kind and nature to which Debtor is now or may hereafter become entitled, however arising, including without limitation, loss carry back refunds; (g) All general intangibles, including, but not limited to, (i) all patents, and all unpatented or unpatentable inventions; (ii) all trademarks, service marks, and trade names; (iii) all copyrights and literary rights; (iv) all computer software programs; (v) all mask works of semiconductor chip products; (vi) all trade secrets, proprietary information, customer lists, manufacturing, engineering and production plans, drawings, specifications, processes and systems; and (vii) all Permits. The Collateral shall include all good will connected with or symbolized by any of such general intangibles; all contract rights, documents, applications, licenses, materials and other matters related to such general intangibles; all tangible property embodying or incorporating any such general intangibles; and all chattel paper and instruments relating to such general intangibles. (h) All negotiable and nonnegotiable documents of title covering any Collateral. (i) All accessions, attachments and other additions to the Collateral, and all tools, parts and equipment used in connection with the Collateral. (j) All “Commercial Tort Claims” as defined in the UCC. (k) All substitutes or replacements for any Collateral, all cash or non-cash proceeds, product, rents and profits of any Collateral, all income, benefits and property receivable on account of the Collateral, all rights under warranties and insurance contracts, letters of credit, guaranties or other supporting obligations covering the Collateral, and any causes of action relating to the Collateral, and all proceeds (including insurance proceeds) from the sale, destruction, loss, or other disposition of any of the Collateral and sums due from a third party which has damaged or destroyed the Collateral or from that party's insurer, whether due to judgment, settlement or other process. (l) All books, data and records pertaining to any Collateral, whether in the form of a writing, photograph, microfilm or electronic media, including but not limited to any computerreadable memory and any computer hardware or software necessary to process such memory ("Books and Records"). "Contract Rights" or "contract rights" shall mean the rights of Debtor under contracts not yet earned by performance. "Deed of Trust” shall mean the Deed of Trust, Assignment of Rents and Fixture Filing dated as of the date of this Agreement by and among Debtor, as Grantor, Orange Coast Title Company of Northern California, a California corporation, as Trustee, and Lender, as Beneficiary, as such Deed of Trust may hereafter be amended and/or restated from time to time. "Equipment" or "equipment" shall mean and include all of Debtor's machinery, equipment, furniture, draperies, carpeting, trade fixtures, and motor vehicles, and all other tangible personal property utilized in the conduct of Debtor's business (excluding Inventory, as that term is defined below) together with any and all manuals, computer programs, databases and other materials relating to the use, operation or structure of any item of Equipment, and all replacements or substitutions therefor and all accessions thereto. "Inventory" or "inventory" shall include, without limitation, any and all goods, merchandise, raw materials, supplies and other tangible personal property, whether held by Debtor for Debtor's use or the sale, provision to or consumption by customers or other disposition, and all products of and accessions to Inventory and all documents of title, whether negotiable or nonnegotiable, representing any of the foregoing. "Investment Property" or "investment property" shall mean all securities and instruments held by or for the benefit of Debtor, including, without limitation, all stocks, bonds, obligations of any governmental entity, notes, shares, mutual or money market fund shares; securities entitlements, securities accounts, commodity contracts and accounts and all sums due or to become due on any of the foregoing, and all securities, instruments or other property purchased or acquired as a result of the investment and reinvestment thereof provided, whether in the name of Debtor or another person and whether certificated or uncertificated; and all tenancy in common interests. “Permits” shall mean any and all permits, licenses, applications, authorizations and the like held or submitted by Debtor (whether issued by private parties or public authorities, and whether final/full, conditional, temporary, provisional or otherwise), and all renewals, replacements and agreements in respect thereof, including, without limitation, the following Permits: CDTFA Sellers Permit: 213336832 – 00001; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003662; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003663; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003664; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003665; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003666; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003667; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003668; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003669; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003670; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003671; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003672; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003673; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003674; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003675; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003676; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003677; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003678; Provisional Cannabis Cultivation Adult-Use-Small Mixed-Light Tier 1 License CCL18-0003679; Provisional Adult Use and Medicinal- Distributor License C11-0001183-LIC; Provisional Cannabis Cultivation Adult-Use Processor License CCL19-0005240; Provisional Cannabis Cultivation Adult-Use Nursery License CCL21-0000072; and CDFA Weighmaster License – 103198. "UCC" shall mean the California Uniform Commercial Code (California Code of Regulations, Title 2, Division 7, Chapter 13) as amended from time to time.