View original fileNOTICE OF SALE PLEASE TAKE NOTICE, that in accordance with applicable provisions of the Uniform Commercial Code as enacted in Florida, by virtue of certain Event(s) of Default under that certain Pledge and Security Agreement dated as of September 24, 2024 (the “Pledge Agreement”), executed and delivered by Nahim Jorge Bonilla (the “Pledgor”), and in accordance with it rights as holder of the security, Island Estates 14 LLC (the “Secured Party”), by virtue of possession of that certain Share Certificate held in accordance with Article 8 of the Uniform Commercial Code of the State of Florida (the “Code”) and by virtue of those certain UCC-1 Filing Statement made in favor of Secured Party, all in accordance with Article 9 of the Code, Secured Party will offer for sale, at public auction, (i) all of Pledgor’s right, title, and interest in and to the following: 3914 Island Estates SN, LLC (the “Pledged Entity”), and (ii) certain related rights and property relating thereto (collectively, (i) and (ii) are the “Collateral”). Secured Party’s understanding is that the principal asset of the Pledged Entity is that certain fee interest in real property commonly known 3914 Island Estates Drive, Miami, Florida 33160 (the “Property”). Maltz Auctions (“Maltz”), under the direction of Richard B. Maltz or David A. Constantino (the “Auctioneer”), will conduct a public sale consisting of the Collateral (as set forth in Schedule A below), via virtual bidding, on March 12, 2026 at 12:30pm, in satisfaction of an indebtedness in the approximate amount of $1,300,000.00, including principal plus interest, and reasonable fees and costs, plus default interest through March 12, 2026, subject to open charges and all additional costs, fees and disbursements permitted by law. The Secured Party reserves the right to credit bid. Online bidding will be made available for pre-registered bidders via Maltz's online bidding App available for download in the App Store or on Google play and via desktop bidding at remotebidding.maltzauctions.com. Bidder Qualification Deadline: March 11, 2026 by 4:00 pm. Executed Terms & Conditions of Sale along with a deposit in the amount of $130,000.00 (to be submitted via wire transfer) are required for consideration by any interested party and submitted directly to Maltz. Requests for wiring instructions should be sent to rmaltz@maltzauctions.com.
SCHEDULE A
Pledged Interest PLEDGOR
Nahim Jorge Bonilla ISSUER
3914 Island Estates SN, LLC, a Florida Limited Liability Company INTERESTS PLEDGED
100% membership interest The UCC1 was filed on December 19, 2025 with the Secretary of State of the State
of Florida under the Filing No. # 202504754696. Vallely Mitola Ryan PLLC Attn: Erick R. Vallely, Esq.
Attorneys for Secured Party 6851 Jericho Turnpike, Suite 165
Syosset, New York 11791 (516) 386-3900