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NOTICE OF ASSIGNMENT AND TRANSFER
On September 27, 2016, MICHAEL C. KOROGHLIAN (the “Settlor”) established the MK NV TRUST (the “Trust”). The Trust was created under the Nevada Spendthrift Act (NRS 166.010 et seq.) and qualifies as a self-settled Spendthrift Trust for the benefit of the Settlor of the Trust.
1. On September 27, 2016, the Settlor(s) assigned and transferred all of his right,
title, and interest in the following assets to the Trust:
A. One Hundred percent (100%) Membership Interest in MK REALTY ACQUISITIONS LLC, a Nevada limited liability company and the following limited liability companies:
1. MK REALTY MANAGEMENT LLC, a Nevada limited liability company
2. MK REALTY - 887 105TH AVE, LLC, a Florida limited liability company
3. MK REALTY - 28155 S. TAMIAMI TRL, LLC, a Florida limited liability company
4. MK REALTY - 8885 DAVIS BLVD, LLC, a Florida limited liability company
5. MK REALTY - 4800 GOLDEN GATE PKWY, LLC, a Florida limited liability company
6. MK REALTY - 3440 TAMIAMI TRAIL, LLC, a Florida limited liability company
7. MK REALTY - 1042 S. 6TH AVE, LLC, a Florida limited liability company
8. MK REALTY - 1329 E. OAK ST, LLC, a Florida limited liability company
9. MK REALTY - AIRPORT RD & RADIO RD, LLC, a Florida limited liability company
10. MK REALTY - PRESERVE, LLC, a Florida limited liability company
11. MK REALTY - PALM BEACH BLVD., LLC, a Florida limited liability company
With an estimated fair market value of $12,442,714.00.
B. One Hundred Percent (100%) Membership Interest in MK REALTY MANAGEMENT LLC, a Nevada limited liability company with an estimated fair
market value of $124,427.14.
2. Pursuant to NRS 166.010 et seq., the Settlor is a permissive beneficiary of the
Trust, and may be allowed to use the trust property in the discretion of the trustee.
3. Pursuant to NRS 166.170(1)(a), if a person is a creditor of the Settlor at the time a transfer of property is made to the Trust, such creditor must bring an action regarding the transfer within (i) two years after the transfer is made, or (ii) six months after the person discovers or reasonably should have discovered the transfer, whichever is later.
4. Pursuant to NRS 166.170(1)(b), if a person becomes a creditor of the Settlor after a transfer of property is made to the Trust, such creditor must bring an action regarding the transfer within two years after the transfer is made.
5. This Notice of Assignment and Transfer is intended to be a public record of the Settlor's transfer of property to the Trust pursuant to NRS 166.170(2).
6. All creditor's inquiries regarding the Trust should be directed to Premier Trust, Inc.
Dated this 27th day of September, 2016
/s/ MICHAEL C. KOROGHLIAN
MICHAEL C. KOROGHLIAN
1348314v1 500711.0006
May 19, 26, 2017 17-00888C