Foreclosure Notice - 11722 Palmanova Dr, Richmond, 77406 - 08/04/2026
The properties may be occupied; do not disturb the occupants.
Address
Auction Date
Foreclosure
Appraised
Year Built
Lien
Sq. Ft.
Prop Type
Address
Foreclosure
Year Built
Prop Type
11722 Palmanova Dr
08/04/2026
mortgage
$374,217
-
$705,000
0
A1 - Residential Single
11722 Palmanova Dr
mortgage
-
A1 - Residential Single
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  UNKNOWN
Mortgage Foreclosure
Legal Description
Lakes of Bella Terra Sec 12, BLOCK 1, Lot 6
Links
Additional info
Appraised Value:  $374,217
Year Built:  
Lien Amount:   $705,000
Improvement Area:  0 sq.ft.
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Foreclosure Notice*
START OF PAGE: 266 NOTICE OF SUBSTITUTE TRUSTEEiS SALE STATE OF TEXAS § § COUN1Y OF FORT BEND § WHEREAS, on July 1, 2026 Stellar Bank merged with Prosperity Banlc, successor in interest to Stellar Bank, fonnerly known as Allegiance Bank (the "Mortgagee" or ''Lender")); WHEREAS, on April 3, 2017, KGS, LLC ("Maker" or"Borrower''), executed and delivered that certain Promissory Note in the original principal amount of SEVEN HUNDRED FIVE THOUSAND AND NO/100 DOLLARS ($705,000.00), payable to and bearing interest as stated therein (the "Note"), said Note being secured by that certain Deed of Trust and Security Agreement (as to Tract I) dated April 3, 2017 executed by KGS -24102 ROSALIA, a Separate Series of KGS, LLC as "Grantor" in favor of Ramon A. Vitulli, III, Trustee, and filed for record on April 6, 2017 in the Official Public Records of Fort Bend County, Texas, under Instrument No. 2017036681 (the "Tract I Deed of Trust"), covering and describing the "Premises" and Tract I, as such term is defined in the Tract I Deed of Trust; being further secured by that certain Deed of Trust and Security Agreement (as to Tract Il) dated April 3, 2017 executed by KGS -24110 ROSALIA, a Separate Series of KGS, LLC as 11Grantor11 in favor of Ramon A. Vitulli, III, Trustee, and filed for record on April 6, 2017 in the Official Public Records of Fort Bend County, Texas, under Instrument No. 2017036682 (the "Tract II Deed of Trust"), covering and describing the "Premises" and Tract 11, as such term is defmed in the Tract II Deed of Trust; being further 1 START OF PAGE: 267 secured by that certain Deed of Trust and Security Agreement (as to Tract III) dated April 3, 2017 executed by KGS -AVELLINO COURT, a Separate Series of KGS, LLC as "Grantor" in favor of Ramon A. Vitulli, III, Trustee, and filed for record on April 6, 2017 in the Official Public Records of Fort Bend County, Texas, under Instrument No. 2017036683 (the "Tract III Deed ofTrust"), covering and describing the "Premises" and Tract III, as such term is defined in the Tract m Deed of Trust; and being further secured by that certain Deed of Trust and Security Agreement (as to Tract IV) dated April 3, 2017 executed by KGS -VALLEY BLOSSOM, a Separate Series of KGS, LLC as "Grantor" in favor of Ramon A. Vitulli, IV, Trustee, and filed for record on April 6, 2017 in the Official Public Records of Port Bend County, Texas, under Instrument No.201703 6684 (the "Tract IV Deed of Trust"), covering and describing the .. Premises" and Tract IV, as such term is defined in the Tract N Deed of Trust. Reference is further made to that certain Collateral Assignment of Rents and Leases dated April 3, 2017, executed by KGS -24102 ROSALIA, a Separate Series of KGS, LLC and filed for record on April 6, 2017 in the Official Public Records of Fort Bend County, Texas, under Instrument No. 2017036685, wherebytheBorrowerassignedto Stellar Bank all Rents and Leases, as such tenns are defined therein, of and arising from the "Premises" described in the Tract I Deed of Trust; to that certain Collateral Assignment of Rents and Leases dated April 3, 2017, executed by KGS M 24110 ROSALIA, a Separate Series of KGS, LLC and filed for record on April 6, 2017 in the Official Public Records of Fort Bend County, Texas, under Instrument No. 2017036686, whereby the Borrower assigned to Stellar Bank all Rents and Leases, as such tenns are defmed therein, 2 START OF PAGE: 268 of and arising from the "Premises., described in the Tract II Deed of Trust; to that certain Collateral Assignment of Rents and Leases dated April 3, 2017, executed by KGS - AVELLINO COURT, a Separate Series of KGS, LLC and filed for record on April 6, 2017 in the Official Public Records of Fort Bend County, Texas, under Instrument No. 201703 6687, whereby the Borrower assigned to Stellar Bank all Rents and Leases, as such terms are defined therein, of and arising from the '"Premises" described in the Tract III Deed of Trust; and to that certain Collateral Assignment of Rents and Leases dated April 3, 2017, executed by KGS-VALLEY BLOSSOM, a Separate Series of KGS, LLC and filed for record on April 6, 2017 in the Official Public Records of Fort Bend County, Texas, under Instrument No. 2017036688, whereby the Borrower assigned to Stellar Bank all Rents and Leases, as such terms are defined therein, of and arising from the "Premises" described in the Tract IV Deed of Trust. Reference is further made to that certain Loan Agreement dated April 3, 2017, executed by KGS, LLC ("Borrower"); Claudia Vilma Gold, Jose Luis Ferro (a/k/a Luis Ferro), KGS -24102 ROSALIA, a Separate Series ofKGS, LLC, KGS ~ 24110 ROSALIA- a Separate Series of KGS, LLC, KGS -AVELLINO COURT, a Separate Series of KGS, and KGS -VALLEY BLOSSOM, a Separate Series of KGS, LLC (''Guarantors") and Mortgagee whereby each agreed to certain terms of the loan evidenced by the Note as further described therein. Reference is further made to that certain Modification, Renewal and/or Extension Agreement dated effective April 3, 2019, executed by Borrower, Guarantors and Lender, 3 START OF PAGE: 269 and recorded on May 16, 2019 in the Official Public Records of Fort Bend County, Texas, under Instrument No. 2019051212, whercbytenns of the Note were modified WHEREAS, the Tract I Deed of Trust, the Tract II Deed of Trust, the Tract III Deed of Trust and the Tract IV Deed of Trust are hereinafter collectively referred to as the "Deeds of Trust"; WHEREAS, the above named Trustee and any previously appointed Substitute Trustee(s) was removed in accordance with the Deed ofTrust and the Mortgagee designated and appointed Ted L. Walker and Andrew W. Gray, 125 Main Street, PO Box 62, Jasper, Texas 75951, as Substitute Trustee to enforce the Trust set forth in said Deeds of Trust. NOW, THEREFORE, pursuant to the authority conferred upon me by the Deeds of Trust, I hereby give notice that the Premises and Collateral described below will be sold at public auction to the highest bidder for cash. The sale is scheduled to be held at the following date, time, and place: Date: August 4, 2026 ./ Time: 2:00 p.m. C.S.T and no later than 4:00 p.m. C.S.T. Place: Gus George Academy, Patton Hall, 1521 Eugene Heimann Circle, Richmond, Texas 77469 or if the preceding area is no longer the designated area, at the most recently designated by the County Commissioner's Court or as designated by the County Commissioners Court PURSUANT TO SECTION 51.002 OF THE TEXAS PROPERTYCODEASTHEPLACEWHEREFORECLOSURESALESARETO TAKE PLACE OR AS DESIGNATED BY THE COUN1Y COMMISSIONERS. This conveyance will be made subject to any exceptions referenced in the Deeds of Trust, if any, to the extent the same are still in effect and shall not cover any part of the Premises and Collateral that has been released from the liens of the Deeds of Trust The Premises and Collateral that wiII be sold at the foreclosure sale is described as follows: Premises: TRACT I: LOT SEVEN (7), IN BLOCK ONE (1), OF LAKES OF BELLA TERRA, SECTION TWELVE (12), A SUBDIVISION IN FORT BEND COUNTY, TEXAS, ACCORDING TO THE MAP ORPLATTHEREOFRECORDEDUNDER PLATNO(S). 20100180, OF THE PLAT RECORDS OF FORT BEND COUNTY, TEXAS; Also known as 24102 Rosalia Court 4 START OF PAGE: 270 TRACT II: LOT NINE (9), IN BLOCK ONE (I), OF LAKES OF BELLA TERRA, SECTION TWELVE (12), A SUBDMSION IN FORT BEND COUNTY, TEXAS, ACCORDING TO THE MAP OR PLAT THEREOF RECORDED UNDER PLAT NO(S). 20100180, OF THE PLAT RECORDS OF FORT BEND COUNTY, TEXAS; Also known as 24110 Rosalia Court TRACT ill: LOT ELEVEN (11), IN BLOCK TWO (2), OF LAKES OF BELLA TERRA, SECTION THREE (3), A SUBDIVISION IN FORT BEND COUNTY, TEXAS, ACCORDING TO THE MAP OR PLAT THEREOF RECORDED UNDER PLAT NO(S). 20070002, OF THE PLAT RECORDS OF FORT BEND COUNTY, TEXAS; Also known as 24503 Avellino Court TRACT IV: LOT SIXTEEN (16), IN BLOCK ONE (1), OF CINCO WEST AT SEVEN MEADOWS, SECTION FOUR (4), A SUBDMSION IN FORT BEND COUNTY, TEXAS,ACCORDINGTOTHEMAPORPLATTHEREOFRECORDEDUNDERPLAT NO(S). 20050043 OF THE PLAT RECORDS OF FORT BEND COUNTY, TEXAS. Also Know as 26103 Valley Blossom Court Collateral as to all Tracts I-IV: Insofar as such Premises consists of equipment, inventory, fixtures, chattel paper, documents, instIUments, ac~ount:i,_ contract rights, consumer goods farm products, money, general intangibles, goods and any and all other personal property of any kind or character defined in and subject to the provisions of the Texas Uniform Commercial Code. ACTIVE MILITARY SERVICE NOTICE ASSERT AND PROTECT YOUR RIGHTS AS A MEMBER OF THE ARMED FORCES OF THE UNITED STATES. IF YOU ARE SERVING ON ACTIVE MILITARY DUTY, INCLUDING ACTIVE MILITARY DUTY AS A MEMBER OF TIIE TEXAS NATIONAL GUARD OR THE NATIONAL GUARD OF ANOTHER STATE ORAS A MEMBER OF A RESERVE COMPONENT OF THE ARMED FORCES OF THE UNITED STATES, PLEASE SEND WRITTEN NOTICE OF THE ACTIVE DUTY MILITARY SERVICE TO THE SENDER OF TfilS NOTICE IM.MEDIATELY. To determine if you are entitled to and what protections may be afforded you under the Servicemembers Civil Relief Act, you may call the toll-free telephone numbers for Military One Source: From the United States: 1-800- 342-9647, From outside the United States (where available): 1-800-342-6477. International collect: 484-530-57 4 7. THE SALE OF THE PREMISES AND COLLATERAL IS" AS-IS" AND "WHERE- 1S" AND WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND BY THE SUBSTITUTE TRUSTEE, EXPRESS, IMPLIED,STATUTORY, QUASI-STATUTORY OR OTHERWISE, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE BEING EXPRESSLY DISCLAIMED. THE SUBSTITUTE 5 START OF PAGE: 271 . . TRUSTEE MAKES NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE COMPLIANCE WITHTHELAWS, RULES,AGREEMENTS OR SPECIFICATIONS, CONDITION, QUALITY, CAPACITY, A DESIGN, OPERATION, ABSENCE OF ANY LATENT DEFECTS OR ANY OTHER WARRANTY OR REPRESENTATION WHATSOEVER WITH RESPECT TO THE PREMISES AND COLLATERAL, ALL OF WHICH ARE EXPRESSLY WAIVED BY PURCHASER. Dated: July 8, 2026 Isl Ted L. Walker Ted L. Walker, Substitute Trustee P0Box62 Jasper, Texas 75951 Phone (409) 384-8899 Facsimile (409) 384-9899 Email twalker@walker-finn.com R.o\ALLEQIANCE BANK\ASTELLAR BA.Nla64-99 KQS UC\forcckmn\2016--07-o& NotSllbTRS•le.FOflBell4Cty,wpd 6 \\\
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