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Auction Details

Legal Address: 1603 18TH STREET SE WASHINGTON DC 20020

Property Geocode:

Sale Date: 2026-02-25

Sale Time: 11:20 AM

Online Views: 12

Publication

Pardo & Drazin, LLC

Jason A. Pardo, Attorney

4400 Jenifer Street, NW, Suite 2

Washington, DC 20015

202-223-7900

SUBSTITUTE TRUSTEE’S SALE

OF REAL PROPERTY

1603 18th Street, S.E.

Washington, DC 20020

Lot 0019 in Square 5596

Under a power of sale contained in a certain Deed of Trust, Assignment of Leases and Rents, Fixture Filing and Security Agreement (the “Deed of Trust”) dated May 30, 2025 and recorded on August 19, 2025 as Instrument No. 2025082350, 1603 18th STREET S.E. LLC (“Borrower”), a District of Columbia limited liability company, as grantor, conveyed to TITLEVEST (“Original Trustee”), as trustee, securing that certain Secured Note (the “Note”) dated May 30, 2025 in the original principal amount of $1,927,837.50, default having occurred under the terms thereof, pursuant to a Deed of Appointment of Substitute Trustee dated January 16, 2026 and recorded on January 20, 2026 as Instrument No. 2026005789 removing Original Trustee as trustee under the Deed of Trust and appointing JASON A. PARDO (“Trustee”) as substitute trustee under the Deed of Trust, and following the mailing and recordation of an Affidavit of Non-Residential Mortgage Foreclosure and a Notice of Foreclosure Sale of Real Property or Condominium Unit, at the request of the current noteholder, Trustee will sell at public auction at the office of Harvey West Auctioneers, Inc., 5335 Wisconsin Avenue, NW, Suite 440, Washington, DC 20015, on

FEBRUARY 25, 2026 AT 11:20 aM

ALL THAT LOT OF GROUND AND THE IMPROVEMENTS THEREON (if any) situated in the City of Washington, District of Columbia, known as 1603 18th Street, S.E., Washington, DC 20020 (Lot 0019 in Square 5596), and more fully described in the Deed of Trust.

TOGETHER WITH any and all buildings, structures, improvements or appurtenances now erected on the above-described land, including, without limitation, all equipment, apparatus, machinery and fixtures of any kind or character forming a part of said buildings, structures, improvements or appurtenances, which are not owned by any third party, upon or about the above-described land and any buildings thereon all as more particularly described in the aforesaid Deed of Trust (the "Property").

The property will be sold in an “AS IS” condition, with no warranty of any kind, and subject to conditions, restrictions, agreements, liens, and encumbrances of record affecting the same – except those encumbrances of record that are extinguished by operation of District of Columbia law by virtue of the foreclosure of the Deed of Trust. The successful purchaser recognizes that any investigation, examination or inspection of the Property is within the control of the owner or other parties in possession of the Property and not within the control of the Trustees or the noteholder. Purchaser will take title to the property subject to all taxes, water and sewer charges, and other utility charges, if any. Purchaser assumes the risk of loss or damage to the property from the date of sale forward. Purchaser shall be responsible for obtaining physical possession of the property.

TERMS OF SALE: ALL CASH. The Property will be offered as an entirety only. The bid which yields the highest price for the Property will be accepted by the Substitute Trustees (unless the sale is postponed or cancelled) and all bids will be provisional until acceptance. Notwithstanding the foregoing, the Substitute Trustees absolutely reserve the right to postpone the sale and/or cancel the sale at any time until the auctioneer announces that the Property is "sold" and the deposit in the required amount and form is received by the Substitute Trustees. A deposit in the amount of $100,000.00 will be required at the time of sale. Such deposit must be by cashier's check or certified check or in such other form as the Substitute Trustees may determine in their sole discretion. The deposit must be increased to 10% of the winning bid amount and delivered to the Substitute Trustees within one (1) business day after the consummation of the sale in the same form of funds as the initial deposit or in such other form as the Substitute Trustees may determine in their sole discretion. Failure to timely tender the deposit or additional deposit shall constitute a material default by the purchaser and result in forfeiture of the deposit. Balance of the purchase price to be paid in cash or certified funds at settlement. Interest to be paid on the unpaid purchase money from the date of sale to the date of settlement at the applicable interest rate set forth in the debt instrument secured by the Deed of Trust. Purchaser shall be responsible for payment of all settlement costs.

The noteholder and its affiliates, if a bidder, shall not be required to post a deposit or to pay interest.

In the event that purchaser does not settle as required for any reason, purchaser shall be in default. Upon such default, the deposit shall be forfeited to Trustee and all of the expenses of this sale (including legal fees and costs, and full commission on the gross sale price) shall be charged against and paid out of the forfeited deposit. Trustee may resell the property at the risk and expense of the defaulting purchaser. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the property. Defaulting purchaser shall be liable to Trustee for legal fees and costs incurred by Trustee in connection with such default.

If Trustee is unable to settle as set forth herein, purchaser’s sole remedy at law and in equity shall be limited to a refund of the deposit and the sale shall be considered null and void and of no effect whatsoever.

Trustee reserves the right, in Trustee’s sole discretion, to reject any and all bids, to withdraw the property from sale at any time before or at the auction, to extend the time to receive bids, to waive or modify the deposit requirement, to waive or modify the requirement that interest be paid on the unpaid purchase money, and/or to extend the period of time for settlement.

Additional terms may be announced at the sale. The successful bidder will be required to execute and deliver to Trustee a memorandum or contract of the sale at the conclusion of bidding.

Jason A. Pardo, Substitute Trustee

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february 13, 16, 18, 20, & 24, 2026

(THE WASHINGTON POST)

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