59 Anson Partners UCC Sale

UCC Public Auction
100% Membership Interests Offered In:
Tarpon Avenue Holdings LLC
CHS Holdings Group LLC
(Not a direct sale of real estate)

AUCTION DATE

Tuesday, November 10, 2026 at 10:00 AM

PLACE OF AUCTION

1885 Marina Mile Blvd., Suite 103, Fort Lauderdale, FL 33315 and Zoom participation

PRINCIPAL ASSETS

311 Tarpon Avenue, Boca Grande, FL 33921
59 Anson Street, Charleston, SC 29401

For inquiries regarding terms, participation and data room access, please contact [email protected] to request an NDA confidentiality agreement.

NOTICE OF PUBLIC SALE OF COLLATERAL (CHS)

NOTICE IS HEREBY GIVEN that, pursuant to (a) Sections 9-610, 9-611, and 9-613 of the Uniform Commercial Code (“UCC”) as in effect in the State of South Carolina and (b) the Pledge and Security Agreement, dated as of December 20, 2024 (as amended, restated, or otherwise modified, the “Security Agreement”) made by TOD TARRANT, an individual (also known as Tod Clark Tarrant) (“Debtor”) to 59 ANSON PARTNERS, LLC, a Delaware limited liability company (as successor-in-interest to Walton Funding, LLC d/b/a Adelaide Mortgage Solutions, a Florida limited liability company, and together with its successors and assigns, “Secured Party”), Secured Party will offer for sale at a public auction (the “Auction”) all right, title, and interest of Debtor in and to the following collateral (the “Subject Collateral”): one hundred percent (100%) of the membership interests in CHS HOLDINGS GROUP LLC, a South Carolina limited liability company (“CHS”), constituting the “Pledged Securities” under the Security Agreement and evidenced by Certificate No. 001, together with all other “Collateral” (as defined in Section 2 of the Security Agreement) relating thereto and all proceeds (as defined in the UCC) of the foregoing. The Subject Collateral secures the obligations of Borrower (as defined below) under the Loan Agreement, dated as of December 20, 2024 (as amended, supplemented or otherwise modified, the “Loan Agreement”), by and among Secured Party, Debtor, CHS, and TARPON AVENUE HOLDINGS, LLC, a Florida limited liability company (“Tarpon,” together with Debtor and CHS, collectively, “Borrower”).

TERMS AND CONDITIONS OF THE AUCTION

The Subject Collateral is being sold as described above on an “AS IS, WHERE IS, WITH ALL FAULTS” basis pursuant to the following terms and conditions.

1. Parties interested in bidding at the Auction may, subject to executing confidentiality agreements and meeting the bidder qualifications set forth in the bidding procedures (the “Bidding Procedures”), which can be obtained by contacting Moecker Auctions as provided below, obtain additional information concerning the Subject Collateral by contacting Moecker Auctions. The Bidding Procedures provide additional information about the bidding process, including bidder qualifications, Auction participation and determination of the winning bid.

2. The Auction will be held on November 10, 2026, at 10:00 am, prevailing Eastern time, in-person at 1885 Marina Mile Blvd., Suite 103, Fort Lauderdale, FL 33315, and virtually via a web-based video conferencing and/or telephonic conferencing program selected by Moecker Auctions, access to which will be made available to qualified bidders.

3. The Subject Collateral will be sold on an “AS-IS, WHERE IS, WITH ALL FAULTS” basis, without recourse, and without any express or implied representations or warranties whatsoever including, without limitation, as to the condition of title, value, or quality of the Subject Collateral, or without regard to assets, liabilities, financial condition, or earnings of CHS or any of its affiliates. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, ALL WARRANTIES, WHETHER OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR OTHERWISE, ARE EXPRESSLY DISCLAIMED.  The sale of the Subject Collateral is specifically subject to all taxes, liens (other than those of Secured Party), claims, assessments, liabilities and encumbrances, if any, that may exist against the Subject Collateral under the UCC or other applicable law.  Secured Party makes no representations or warranties and provides no assurances as to any Subject Collateral.  Prospective bidders should perform their own diligence as to the Subject Collateral.

4. Secured Party reserves the right to determine which bidders qualify for participation in the Auction, reject any bid or all bids at the Auction, to announce such other terms at the Auction as may be commercially reasonable in Secured Party’s discretion or to accept non-conforming bids. Further, Secured Party reserves the right to cancel, postpone, or adjourn the Auction by announcement made at the Auction, either before or after the commencement of bidding, without written notice or further publication.  Secured Party reserves the right to credit bid any portion of its secured indebtedness then outstanding under the Loan Agreement at the Auction.  Secured Party reserves the right to implement such other terms or conditions at the Auction or regarding the Auction procedures as Secured Party, in its sole discretion, determines to be commercially reasonable under the circumstances.

5. The Subject Collateral consists of securities that have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or under any state securities laws, and are being offered and sold in reliance upon exemptions therefrom. Notwithstanding that the Auction is being conducted as a public sale for purposes of Article 9 of the UCC, Secured Party may require each bidder and the successful purchaser to represent that it is acquiring the Subject Collateral for its own account, for investment, and not with a view to the distribution or resale thereof in violation of the Securities Act.

All inquiries concerning this Notice of Public Sale and the terms and conditions of the sale (including requirements to be a “qualified bidder”) should be made to: Adam Herring, Esq., Nelson Mullins Riley & Scarborough LLP, Telephone: (404) 322-6000, Email: [email protected].  Any person making any inquiry or request must: (i) disclose the person or entity on whose behalf such information is being sought, (ii) execute the confidentiality agreement, which will be provided upon request, and (iii) maintain the confidentiality of the information provided in accordance with the confidentiality agreement.

NOTICE OF PUBLIC SALE OF COLLATERAL (TARPON)

NOTICE IS HEREBY GIVEN that, pursuant to (a) Sections 9-610, 9-611, and 9-613 of the Uniform Commercial Code (“UCC”) as in effect in the State of Florida, and (b) the Pledge and Security Agreement, dated as of December 20, 2024 (as amended, restated, or otherwise modified, the “Security Agreement”) made by TOD TARRANT, an individual (also known as Tod Clark Tarrant) (“Debtor”) to 59 ANSON PARTNERS, LLC, a Delaware limited liability company (as successor-in-interest to Walton Funding, LLC d/b/a Adelaide Mortgage Solutions, a Florida limited liability company, and together with its successors and assigns, “Secured Party”), Secured Party will offer for sale at a public auction (the “Auction”) all right, title, and interest of Debtor in and to the following collateral (the “Subject Collateral”): one hundred percent (100%) of the membership interests in TARPON AVENUE HOLDINGS, LLC, a Florida limited liability company (“Tarpon”), constituting the “Pledged Securities” under the Security Agreement and evidenced by Certificate No. 001, together with all other “Collateral” (as defined in Section 2 of the Security Agreement) relating thereto and all proceeds (as defined in the UCC) of the foregoing. The Subject Collateral secures the obligations of Borrower (as defined below) under the Loan Agreement, dated as of December 20, 2024 (as amended, supplemented or otherwise modified, the “Loan Agreement”), by and among Secured Party, Debtor, Tarpon, and CHS HOLDINGS GROUP LLC, a South Carolina limited liability company (“CHS,” together with Debtor and Tarpon, collectively, “Borrower”).

TERMS AND CONDITIONS OF THE AUCTION

The Subject Collateral is being sold as described above on an “AS IS, WHERE IS, WITH ALL FAULTS” basis pursuant to the following terms and conditions.

1. Parties interested in bidding at the Auction may, subject to executing confidentiality agreements and meeting the bidder qualifications set forth in the bidding procedures (the “Bidding Procedures”), which can be obtained by contacting Moecker Auctions as provided below, obtain additional information concerning the Subject Collateral by contacting Moecker Auctions. The Bidding Procedures provide additional information about the bidding process, including bidder qualifications, Auction participation and determination of the winning bid.

2. The Auction will be held on November 10, 2026, at 10:00 am, prevailing Eastern time, in-person at 1885 Marina Mile Blvd., Suite 103, Fort Lauderdale, FL 33315, and virtually via a web-based video conferencing and/or telephonic conferencing program selected by Moecker Auctions, access to which will be made available to qualified bidders.

3. The Subject Collateral will be sold on an “AS-IS, WHERE IS, WITH ALL FAULTS” basis, without recourse, and without any express or implied representations or warranties whatsoever including, without limitation, as to the condition of title, value, or quality of the Subject Collateral, or without regard to assets, liabilities, financial condition, or earnings of Tarpon or any of its affiliates. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, ALL WARRANTIES, WHETHER OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR OTHERWISE, ARE EXPRESSLY DISCLAIMED.  The sale of the Subject Collateral is specifically subject to all taxes, liens (other than those of Secured Party), claims, assessments, liabilities and encumbrances, if any, that may exist against the Subject Collateral under the UCC or other applicable law.  Secured Party makes no representations or warranties and provides no assurances as to any Subject Collateral.  Prospective bidders should perform their own diligence as to the Subject Collateral.

4. Secured Party reserves the right to determine which bidders qualify for participation in the Auction, reject any bid or all bids at the Auction, to announce such other terms at the Auction as may be commercially reasonable in Secured Party’s discretion or to accept non-conforming bids. Further, Secured Party reserves the right to cancel, postpone, or adjourn the Auction by announcement made at the Auction, either before or after the commencement of bidding, without written notice or further publication.  Secured Party reserves the right to credit bid any portion of its secured indebtedness then outstanding under the Loan Agreement at the Auction.  Secured Party reserves the right to implement such other terms or conditions at the Auction or regarding the Auction procedures as Secured Party, in its sole discretion, determines to be commercially reasonable under the circumstances.

5. The Subject Collateral consists of securities that have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or under any state securities laws, and are being offered and sold in reliance upon exemptions therefrom. Notwithstanding that the Auction is being conducted as a public sale for purposes of Article 9 of the UCC, Secured Party may require each bidder and the successful purchaser to represent that it is acquiring the Subject Collateral for its own account, for investment, and not with a view to the distribution or resale thereof in violation of the Securities Act.

All inquiries concerning this Notice of Public Sale and the terms and conditions of the sale (including requirements to be a “qualified bidder”) should be made to: Adam Herring, Esq., Nelson Mullins Riley & Scarborough LLP, Telephone: (404) 322-6000, Email: [email protected].  Any person making any inquiry or request must: (i) disclose the person or entity on whose behalf such information is being sought, (ii) execute the confidentiality agreement, which will be provided upon request, and (iii) maintain the confidentiality of the information provided in accordance with the confidentiality agreement.

Sold AS IS, WHERE IS, subject to an existing mortgage (stated principal $1,865,000) and a pending foreclosure; the secured party may credit bid. The interests are unregistered securities offered under exemption. To bid: sign an NDA, register by Nov. 6 at 4:00 PM ET and post a $250,000 deposit by Nov. 9 at 2:00 PM ET. Buyer to verify all information.