UNIFORM COMMERCIAL CODE PUBLIC SALE NOTICE
Please take notice that Mannion Auctions, LLC, Matthew D. Mannion, licensed auctioneer (DCA #1434494), on behalf of L&L Capital Partners LLC, a New York limited liability company ("Secured Party"), offers for sale at public auction on June 26, 2026, at 1:00 p.m. (Eastern Time) at the offices of Braunstein Turkish LLP, 7600 Jericho Turnpike, Suite 402, Woodbury, New York 11797 in accordance with applicable Center for Disease Control (CDC) guidelines concerning COVID-19, and simultaneously by remote auction via Zoom (Meeting link: https://us06web.zoom.us/j/88017043260?pwd=rZ1Q2hJb4MmKXkJ167ifzPyLqOkEFm.1; Meeting ID: 880 1704 3260; Meeting passcode: 254998; Call-in number: +1 646 558 8656), in connection with a Uniform Commercial Code sale of the limited liability company membership interests (the "Interests") in Royal Energy Properties LLC, a New York limited liability company ("Property Owner"), which entity is the fee owner of real property located at 1666-1672 Route 9W, Milton, New York. The Interests represent one hundred percent (100%) of the ownership interest in Property Owner and is owned by Royal Energy Properties Delaware LLC, a Delaware limited liability company ("Borrower").
The Secured Party's loan (the "Loan") to Borrower is secured by a first priority lien on the Interests. The Secured Party is offering the Interests for sale in connection with the foreclosure on the pledge of such Interests.
The Interests are being offered as a single lot, "AS-IS, WHERE-IS", with no express or implied warranties, representations, statements or conditions of any kind made by the Secured Party or any person acting for or on behalf of the Secured Party, without any recourse whatsoever to the Secured Party or any other person acting for or on behalf of the Secured Party. The winning bidder shall be responsible for the payment of all transfer taxes, stamp duties and similar taxes incurred in connection with the purchase of the Interests.
The Secured Party reserves the right to credit bid, set a minimum reserve price, reject any or all bids (including without limitation, any bid that it deems to have been made by a bidder that is unable to satisfy the requirements imposed by the Secured Party upon prospective bidders in connection with the sale or to whom in the Secured Party's sole judgment a sale may not lawfully be made), and terminate or adjourn the sale to another time, without further notice. The Secured Party further reserves the right to restrict prospective bidders to those who will represent that they are purchasing the Interests for their own account for investment not with a view to the distribution or resale of such Interests, to verify that each certificate for the Interests to be sold bears a legend substantially to the effect that such interests have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be disposed of in violation of the provisions of the Securities Act and to impose such other limitations or conditions in connection with the sale of the Interests as the Secured Party deems advisable in order to comply with the Securities Act or any other applicable law.
All interested parties shall be required to provide a minimum deposit of $100,000 with Secured Party's counsel at least 5 days prior to the auction, and all bids (other than credit bids of the Secured Party) must be in U.S. Dollars, and the successful bidder must be prepared to deliver immediately available good funds by wire or bank check to the Secured Party, within twenty-four (24) hours after the sale and otherwise comply with the bidding requirements.
Further information concerning the Interests, the requirements for obtaining information and bidding on the interests and the terms of sale can be obtained by contacting the Secured Party's counsel, Braunstein Turkish LLP, 7600 Jericho Turnpike, Suite 402, Woodbury, New York 11797, Attn: Vincent L. Georgetti, Esq., Tel: (516) 802-0700 x312, E-mail: vg@braunsteinturkish.com.
June 3, 10 2026
LNYS0521285