
FORECLOSURE SALE – Anchorage Property Real property will be sold for cash (meaning currency of the United States of America, Cashier's Check(s) from a bank with a branch in Anchorage, Alaska, or Post Office money order), to the highest bidder, in the main lobby (west end) of the Boney State Courthouse, 303 K Street, Anchorage, Alaska, on January 14, 2026, at 11:00 a.m. Proceeds will be applied to costs, expenses and attorney's fees incurred in the foreclosure and to satisfy amounts due under the Deed of Trust naming JAM PROPERTY INVESTMENTS LLC, d/b/a FlipAK LLC, Trustor, and BI MANAGEMENT, LLC, Beneficiary. The undersigned is trustee with power of sale under the Deed of Trust. The sale is being conducted pursuant to AS 34.20.070 – .090. The Deed of Trust was recorded December 22, 2023, R/N 2023-035374-0, records of the Anchorage Recording District. The Notice of Default and Sale was recorded September 25, 2025, R/N 2025-026926-0, and should be consulted for important details regarding bidding rules and procedures well prior to the day of the sale. The real property covered by the Deed of Trust and to be sold is described as: Lot 18A, Block 3, LAWRENCE SUBDIVISION 1948, according to the official plat thereof, filed under Plat Number 63-87, records of the Anchorage Recording District, Third Judicial District, State of Alaska. Street address: 624 Lane Street, Anchorage, AK 99508 The Deed of Trust was given by said Trustors to secure the obligations therein contained and as contained in that certain promissory note executed by Trustors and made payable to Beneficiary in the principal face amount of $252,999.15, dated February 28, 2022. Due to default by Trustors all outstanding principal and interest have been declared due and owing at once. There is now owed and unpaid the following amounts (as of August 20, 2025): $ 252,999.15 principal 13,792.52 additional principal loaned 07/22/2024 43,575.84 interest, 14.0% x $266,791.67, accrued thru Aug. 20, 2025 3,102.33 late charges (21 months @ $147.73) 0.00 Escrow closing fee 2,017.50 Bankston atty fees 1,800.00 M&R foreclosure fees to date 500.00 foreclosure costs to date 0.00 advances by beneficiary [MSB taxes are delinquent] $ 317,787.34 total amount due (as of September 10, 2025) The amount due will increase hereafter by future foreclosure fees and/or costs, plus interest at 14.0% on $266,791.67 after August 20, 2025, and by any sums properly advanced by the Beneficiary. Beneficiary will have the right to bid by offset without cash in an amount not greater than the balance owed on the obligation at the time of sale including all sums expended by beneficiary and trustee under the deed of trust, with interest thereon. Except for said offset bid(s), no one will be permitted to bid until the person conducting the sale for the trustee has verified that the prospective bidder has "cash" funds (as defined above) equal to their bid amount, on hand at the time of the sale. The sale may be cancelled or postponed at the discretion of the Trustee. Direct inquiries to the McCollum & Rounds, LLC, 1130 W. 6th Avenue, Suite 100, Anchorage, Alaska 99501, ph: 907-770-7773. Todd J. Timmermans, trustee Pub: 10/05, 12, 19, 26/2025
