UCC Sale of Certain Membership Interests in Monroe Cinemas, LLC

Qualification Deadline: October 13, 2026, at 12:00 noon Eastern Time.

Credit Bid: $10,000.00. Buyer’s Premium: 2%.

Secured Party: Loan Originations LLC, a Delaware limited liability company. Auctioneer: AuctionWorks, a division of AW Properties Global, LLC.

Interest to Be Sold

Mark T. Owens, as Trustee of the Banyan Tree Irrevocable Trust Dated March 7, 2006 (“Banyan”) is the current owner of 100% of the membership interests in the Relevant Entity. To secure its obligations to Secured Party, Banyan pledged to Secured Party a first-priority, perfected security interest in and to its membership interests in the Relevant Entity.

Terms of Sale

The sale will be conducted virtually via Zoom. Qualified bidders must register and satisfy the requirements set forth in the Auction Terms & Conditions. The Secured Party shall be deemed a qualified bidder and shall be permitted to credit bid amounts due and owing to it. Qualified bidders will be required to post a $100,000.00 good faith deposit before bidding and to increase such deposit to 25% of the successful bid on or before 12:00 noon Eastern Time on October 23, 2026. The sale will be FINAL and conducted on an “AS IS, WHERE IS, WITH ALL FAULTS” basis and WITHOUT REPRESENTATION OR WARRANTY WHATSOEVER. The Secured Party reserves the right to establish bidding procedures, require proof of financial ability, credit bid, and to adjourn, continue, or cancel the sale.

Registration and Inquiries

Interested parties may request additional information and access to the data room upon execution of an NDA by contacting: Diana Peterson AW Properties Global / AuctionWorks Email: dianap@awproperties.com Note: Unregistered parties will not be permitted to bid.

Sale Documents

Notice of Sale (PDF)(opens in a new tab)

Terms and Conditions of Sale (PDF)(opens in a new tab)

Email Diana Peterson(opens in a new tab)