NOTICE OF DEFAULT AND ELECTION TO SELL UNDER DEED OF TRUST PURSUANT TO AS 34.20 ET. SEQ. This NOTICE OF DEFAULT AND ELECTION TO SELL is given by Michael Fisher, as Lender, under that certain Deed of Trust and executed by Mile 82 Enterprises, LLC, as Borrower, further executed by David Lisi as Guarantor, dated 5/5/2025, recorded 5/23/2025, as Instrument No. 2025-000368-0, in the Seward Recording District, State of Alaska. The beneficial interest in the Deed of Trust is held by Michael Fisher and the record owner of the property is purported to be Mile 82 Enterprises, LLC, said Deed of Trust covers real property situated in said Recording District, described as follows: PARCEL NO. 1: Tract A, BLAKEY SUBDIVISION PART ONE, according to the official plat thereof, filed under Plat Number 77-3, Record of the Seward Recording District, Third Judicial District, State of Alaska, EXCEPTING THEREFROM Resubdivision of Tract A, Blakley Subdivision Part One, Plat No. 77-17. PARCEL NO. 2: Tract A-1, RESUBDIVISION OF TRACT A, BLAKLEY SUBDIVISION PART ONE, according to the official plat thereof, filed under Plat Number 77-17, Records of the Seward Recording District, Third Judicial District, State of Alaska. Commonly Known as: 34950 Blakley Drive, Cooper Landing AK 99572. A breach of the obligation which said Deed of Trust secures, has occurred in that payment has not been made of: THE INSTALLMENT OF PRINCIPAL AND INTEREST WHICH BECAME DUE ON March 1, 2026, AND ALL SUBSEQUENT INSTALLMENTS OF PRINCIPAL AND INTEREST, ALONG WITH LATE CHARGES, PLUS FORECLOSURE COSTS AND LEGAL FEES. PLUS, ALL OF THE TERMS AND CONDITIONS AS PER THE DEED OF TRUST, PROMISSORY NOTE AND RELATED LOAN DOCUMENTS. By reason thereof, and under the terms of the Note and Deed of Trust, the Beneficiary has declared all sums so secured to be immediately due and payable, together with any Beneficiary fees, attorney fees, costs and advances made to protect the security associated with this foreclosure. There is presently due and owing the principal balance of $1,775,052.41 plus, interest, late charges, costs and any future advances. If the default has arisen by failure to make payments required by the trust deed, the default may be cured and foreclosure terminated if (1) at any time before the sale date stated herein or a date to which the sale is postponed, payment is made of the sum then in default, other than principal that would not be due if the default had not occurred, plus attorney and other foreclosure fees and costs actually incurred by the Beneficiary due to the default, and (2) if the Beneficiary does not elect to refuse payment and proceed with the sale if the recording of a Notice of Default and a reinstatement has occurred two or more times previously under the trust deed described above. NOTICE IS HEREBY GIVEN that pursuant to demand of the Beneficiary, the Trustee hereby elects to sell the above described real property to satisfy the obligation, together with all accrued interest and all costs and expenses, at public auction, for cash, or certified or cashier's check, to the highest and best bidder, at 3rd Judicial District Nesbett Courthouse, 825 W. 4th Ave, Anchorage, 99501 on June 25 at 10:00 AM. Beneficiary will have the right to make an offset bid at sale without cash. Said sale will be made without covenant or warranty, express or implied, regarding title, possession, or encumbrances. If the Trustee is unable to convey title for any reason, the successful bidder's sole and exclusive remedy shall be the refund of monies paid to the Trustee and the successful bidder shall have no further recourse. Notice to Potential Bidders If you are considering bidding on this property lien, you should understand that there are risks involved in bidding at a Trustee auction. You will be bidding on a lien, not on the property itself. Placing the highest bid at a Trustee auction does not automatically entitle you to free and clear ownership of the property. You should also be aware that the lien being auctioned off may be a junior lien. If you are the highest bidder at the auction, you are or may be responsible for paying off all liens senior to the lien being auctioned off, before you can receive clear title to the property. You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this property by contacting the county recorder's office or a title insurance company, either of which may charge you a Jee for this information. If you consult either of these resources, you should be aware that the same Lender may hold more than one mortgage or Deed of Trust on the property Dated April 21, 2026 By: Michael Fisher Pub: 05/24, 31, 06/06, 14/2026