Foreclosure Notice*
Doc# 20260500116 03/27/2026 08:05 AM Page 1 of 9 Lucy Adame-Clark, Bexar County Clerk 0 1 NOTICE OF SUBSTITUTE TRUSTEE’S SALE DEED OF TRUST: Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing (together with any and all amendments, extensions, or other modifications, the “Deed of Trust’) described as follows: Date: November 18, 2021 Grantors: : 12727 SALADO SA, LLC, a Delaware limited liability company (as successor- in-interest by assumption from FBRT SALADO CREEK OWNER, LLC, a Delaware limited lability company, as successor-in-interest by assumption from 12727 VISTA DEL NORTE DB, LLC, a Delaware limited liability company, pursuant to that certain Assumption Agreement recorded under Document No. 20240027387 in the real property records of Bexar County, Texas). Original GARY S. FARMER Trustee: 200 West Sixth Street, Suite 1600 Austin, Texas 78701 Beneficiary: | BSPRT CRE FINANCE, LLC, a Delaware limited liability company. Recorded: Document No. 20210323777 in the real property records of Bexar County, Texas. [Real Property: The real property located in Bexar County, Texas, more particularly described in Exhibit A attached hereto and incorporated herein by reference (the “Property”), commonly known as 12727 Vista del Norte, San Antonio, Texas 78216, together with all improvements; easements; equipment, fixtures, and personal property; leases and rents; and other rights appurtenant to the real property, as described in the Deed of Trust and the other collateral (collectively, the “Other Collateral’) described in the Deed of Trust, Loan Agreement, and other Loan Documents (as defined in the Loan Agreement). The street address is provided solely for reference purposes only, and in the event of any discrepancy between such address and the legal description set forth in Exhibit A, the legal description shall control. NOTE: Promissory Note (together with any and all amendments, renewals, modifications, restatements and/or replacements thereof, the “Note”) described as follows: Date: November 18, 2021 Maker: 12727 SALADO SA, LLC, a Delaware limited liability company (as successor-in-interest by assumption from FBRT SALADO CREEK OWNER, LLC, a Delaware limited lability company, as successor-in-interest by assumption from 12727 VISTA DEL NORTE DB, LLC, a Delaware limited L. liability company, pursuant to that certain Assumption Agreement recorded Doc# 20260500116 03/27/2026 08:05 AM Page 2 of 9 Lucy Adame-Clark, Bexar County Clerk under Document No. 20240027387 in the real property records of Bexar County, Texas). Original BSPRT CRE FINANCE, LLC, a Delaware limited liability company. Payee: Original FORTY FIVE MILLION ONE HUNDRED FORTY FIVE THOUSAND Principal AND 00/100 DOLLARS ($45,145,000.00). Amount: BSPRT 2022-FL8 ISSUER, LTD., an exempted company incorporated in the Cayman Islands with limited liability, is the current holder of the Note, Deed of Trust, and the other Loan Documents (as defined in the Loan Agreement). Default has occurred in the payment of the Note and the performance of obligations under the Deed of Trust. Because of that default, BSPRT 2022-FL8 ISSUER, LTD. has requested Substitute Trustee to sell the Property. FORECLOSURE SALE: Mortgagee: BSPRT 2022-FL8 ISSUER, LTD., an exempted company incorporated in the Cayman Islands with limited liability (as successor-in-interest by assumption for BSPRT CRE FINANCE, LLC, a Delaware limited liability company) (“Mortgagee’’). Mortgagor: ian SALADO SA, LLC, a Delaware limited liability company (as successor-in-interest by assumption from FBRT SALADO CREEK OWNER, LLC, a Delaware limited lability company, as successor-in-interest by assumption from 12727 VISTA DEL NORTE DB, LLC, a Delaware limited liability company, pursuant to that certain Assumption Agreement recorded under Document No. 20240027387 in the real property records of Bexar County, Texas). Date: MAY 5, 2026, the first Tuesday of the month. Time: The sale of the Property will be held between the hours of 10:00 a.m. and 4:00 p.m. local time; the earliest time at which the Foreclosure Sale will begin is 10:15 a.m. and not later than three hours thereafter. Place: The area designated by the Commissioners Court of Bexar County, Texas, pursuant to Section 51.002 of the Texas Property Code, or if no such location is designated by the Commissioners Court, the sale will be conducted at the place where this Notice of Substitute Trustee’s Sale has been posted. Doc# 20260500116 03/27/2026 08:05 AM Page 3 of 9 Lucy Adame-Clark, Bexar County Clerk Terms of Sale: | The Foreclosure Sale will be conducted as a public auction and the Property and Other Collateral will be sold to the highest bidder for cash, except that Mortgagee’s bid may be by credit against the indebtedness secured by the lien of the Deed of Trust. The purchase price is due and payable without delay on Substitute Trustee’s acceptance of the purchaser’s bid. Substitute J Jacob Sparks, Esq. Trustees: Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: Jacob.Sparks@NelsonMullins.com Brent T. Buyse, Esq. Nelson Mullins Riley & Scarborough LLP 3333 Lee Parkway, Suite 750 Dallas, Texas 75219 Email: Brent.Buyse@NelsonMullins.com Xenna K. Davis, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: Xenna.Davis@NelsonMullins.com Miranda Granchi, Esq. Nelson Mullins Riley & Scarborough LLP 1111 Bagby Street, Suite 2100 Houston, Texas 77002 Email: Miranda.Granchi@NeslonMullins.com Eva Diaz, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Alexis Cheatum, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 The Substitute Trustees were appointed by an Appointment of Substitute Trustee recorded as Document No. 20260054775 in the real property records of Bexar County, Texas. The Deed of Trust may encumber both real and personal property. Formal notice is hereby given of Mortgagee’s election to proceed against and sell both the Property and Other Collateral Doc# 20260500116 03/27/2026 08:05 AM Page 4 of 9 Lucy Adame-Clark, Bexar County Clerk described in the Deed of Trust in accordance with Mortgagee’s rights and remedies under the Deed of Trust and Section 9.604(a) of the Texas Business and Commerce Code. If the Foreclosure Sale does not result in full satisfaction of all indebtedness now due, the lien and security interest of the Deed of Trust shall remain in full force and effect with respect to any property not sold at the Foreclosure Sale. If Mortgagee passes the Foreclosure Sale, notice of the date of any rescheduled foreclosure sale will be reposted and refiled in accordance with the posting and filing requirements of the Deed of Trust and the Texas Property Code. The Foreclosure Sale will be made expressly subject to any title matters set forth in the Deed of Trust, but prospective bidders are reminded that by law the Foreclosure Sale will necessarily be made subject to all prior matters of record affecting the Property, if any, to the extent that they remain in force and effect and have not been subordinated to the Deed of Trust. For the avoidance of doubt, the Foreclosure Sale will not cover any part of the Property that has been released of public record from the lien and/or security interest of the Deed of Trust by Mortgagee. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent of such matters, if any. Pursuant to Section 51.009 of the Texas Property Code, THE PROPERTY WILL BE SOLD “AS IS,” WITHOUT ANY EXPRESSED OR IMPLIED WARRANTIES, except as to the warranties (if any) provided for under the Deed of Trust. Prospective bidders are advised to conduct an independent investigation of the nature and physical condition of the Property. Pursuant to Section 51.0075(a) of the Texas Property Code, Substitute Trustee reserves the right to set further reasonable conditions for conducting the Foreclosure Sale. Any such further conditions shall be announced before bidding is opened for the first sale of the day held by Substitute Trustee. NOTICE: ASSERT AND PROTECT YOUR RIGHTS AS A MEMBER OF THE ARMED FORCES OF THE UNITED STATES. IF YOU OR YOUR SPOUSE IS SERVING ON ACTIVE MILITARY DUTY, INCLUDING ACTIVE MILITARY DUTY AS A MEMBER OF THE TEXAS NATIONAL GUARD OR THE NATIONAL GUARD OF ANOTHER STATE OR AS 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 THIS NOTICE IMMEDIATELY. [The remainder of this page is intentionally left blank.] Doc# 20260500116 03/27/2026 08:05 AM Page 5 of 9 Lucy Adame-Clark, Bexar County Clerk IN WITNESS WHEREOF, the Substitute Trustee has signed this Notice of Substitute Trustee’s Sale as of March 7 |p, 2026. SUBSTITUTE TRUSTEE: perennial WA Jacob Sparks, Esq Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Tel: (469) 484-4758 Email: Jacob.Sparks@NelsonMullins.com Brent T. Buyse, Esq. Nelson Mullins Riley & Scarborough LLP 3333 Lee Parkway, Suite 750 Dallas, Texas 75219 Tel: (469) 484-4962 Email: Brent.Buyse@NelsonMullins.com Xenna K. Davis, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Tel: (469) 484-4841 Email: Xenna.Davis@NelsonMullins.com Miranda Granchi, Esq. Nelson Mullins Riley & Scarborough LLP 1111 Bagby Street, Suite 2100 Houston, Texas 77002 Tel: (346) 646-5803 Email: Miranda.Granchi@NelsonMullins.com Eva Diaz, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Alexis Cheatum, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Doc# 20260500116 03/27/2026 08:05 AM Page 6 of 9 Lucy Adame-Clark, Bexar County Clerk STATE OF TEXAS § § COUNTY OF COLLIN § This instrument was ACKNOWLEDGED before me on March 2b, 2026, by Xenna K. Davis, known to me to be the person whose name is subscribed to the foregoing instrument. wel, MARY VERSFELT ‘omm. Expires 02-15-2028 VS Lethe Notary 1D 225330 Notary Public4in and for the State of Texas My Commission Expires: MMR Veesreu 2 { i) | Z 029 Printed Name of Notary Public Doc# 20260500116 03/27/2026 08:05 AM Page 7 of 9 Lucy Adame-Clark, Bexar County Clerk EXHIBIT A LEGAL DESCRIPTION Being all of that certain tract or parcel of land containing 14.892 acres, more or less, being oul of and a portion of Lot 10, Block 1, New City Block 16325, SALADO SPRINGS SUBDIVISION, a subdivision in Bexar County, Texas, according to the map or plat thereof, recorded in Volume 9533, Page 217 of the Deed and Plat Records of Bexar County, Texas, said tract being more particularly described by metes and bounds as follows: MBTES AND BOUNDS DESCRIFTION OF ALL THAT CBRTARN TRACT OR PARCEL OF LAND E VITKG AND BRENG SITUATED IN NEW CITY BLOCK 16325, SAN ANTONIO, BEXAR COUNTY, TEXAS. SAID TRACT BRING Tat REMAINDER OF A TEACT OF LAND CALLED SALADO SPRINGS SUBDIVISION ACCORDING TO THE PLAT RECORDED MS VOLLOME 9423, PAGE 218 OF THE DEED AND PLAT RECORDS OF BEXAR COUNTY. TEXAS, SAVE AND EXCEPT A CALLED 10.325 ACRE TRACT OF LAND CONVEYED TO THE CITY G8 SAN ANTONIO BY SPECIAL WARRANT DESD DATED JULY 19, 9000, RECORDED IN VOLUME 14116, PAGE 204008 THE PBAL PROPERTY RECORDS OF BEXAR COLINTY TEXAS. SATD TRACT BRING THE REMAINDER OF A CALLED 15.1275 ACRE TRACT AS OBSCRIBED BY A DEED TO VR SALADO SPRINGS LIMITED PARTNERSIOP IN VOLUME 11136, PAGE 108 OF THE REAL PROPERTY peonne OF BEXAR COUNTY. TEXAS. SAID TRACT BEING MORE PARTICULARLY DESCRIBID BY METES AND GOUNDS 4% FOLLOWS. BEORUUING AT A '% DICH IRON ROD FOUND ON THR SONTH LINE OF VISTA DEL NORTE DRIVE (0° ROW. AT TERS POINT) MARKING THE NORTHEAST CORNER Of SAID 10.235 ACRE TRACT, SAID RON ROD BOUND DS A CLOCK WISE CURVE HAVING A RADIUS OF 619.67 PEBT, POR REFERENCE A 53 INCH RON ROD FOUND ON THY SOUTE LINR OP VISTA DEL NORTE DRIVE MARKING THE BEGINNING OF SAID CURVG BEARS a CHORD CI § 66° 45° Gs" W FOR A DISTANCE Of 58 £9 FEST, THENCE: ALONG THE SOUTH LINE OP VISTA DEL NORTS DRIVE FOR THE FOLLOWING CALLS: ALONO SALD CURVE THROUGH A CENTRAL ANGLE OF 30° 01°05" FOR AN ARC DISTANCE OF 339.54 FRET (CHORD BEARS: 8 87° 29° 94" & - 38.05 PEBT) TO A 4 INCH IRON ROD FOUND MARKING THE ENDING POINT OF SAID CURVE: 574° 30 19" EEOR A DISTANCE OF 290.2? PUBT TO A Sit INCH IRON ROD FOUND MARKING TAG BEGINNING OF A COUNTERCLOCKWISE CURVE: HAVING A RADIUS OF 63060 TRET; ALONG SAID CURVE THROVOH A CENTRAL ANGLE Of 12°08 02" POR AN ARC LISTANCE OF 144.02 BEET (CHORD BEARS: S 30° 37 36° B + 167.15 PERT) TO A 4 INCH IRON ROD FOUND MARKING THE GNDONG POINT OP 4mm CURVE AND THE BEGINNING OF 4 CLOCRPISE TRANSITION CURVE HAVING A RADIUS OF 25.00 FEBT, TUEIVCR: ALONG SAID TRANSITION CORVE THROUGH A CENTRAL ANGLE OF 24 24 44° POR AN ARC DISTANCE OF 36.83 PRET (CHORD BEARS: $ 40° 1 56" E ~ 33.59 FEET) TO A 5S INCH LEON ROD FOUND ON THE WEST LING OF VISTA VALET DRIVE (VARIABLE WIDTHR.O.W, MARKING THE ENDING POOT OF SAID CURVE, THENCE: ALONG THE WESTERLY AND SOUTHWESTPRLY LIME OF VISTA VALET DRIVE POR THE FOLLOWING CALLS: SQ2 10 40 EEOR A DISTANCE OF 128.59 FRET TO A 5/8 INCA TRON ROD FOUND MARKING ‘TMS BEGINNING OF A COUNTERCLOCKWISE VUAVE HAVING A RADIUS OF 193.50 FEET: ALONG SAID CURVE TITROUGH A CENTRAL ANGLE OF 14° 4905" BOR AN ARC DISTANCE OF Doc# 20260500116 03/27/2026 08:05 AM Page 8 of 9 Lucy Adame-Clark, Bexar County Clerk 30.56 FRET (CHORD BEARS: $ 99° 27 08° & = 50.42 FEFT) TO A SAL INCH IRON ROD ROUND WARKING THE ENDING POINT OF SAID CURVE AND TEE BOGINNING OF A CLOCKWRA CURVE HAVING A RADSUS OF 195.50 FERT; ALOK SAID CURVE THROLKHE A CENTRAL ANGLE OF 34° 48 12° POR. AN ARC DISTANCSOP 50.51 BEET (CHORD BRARS: S U9 47 36° § ~ 90.37 FEET] TO A SHB INCH MON ROD FOUND MARKING THE ENDING PORT OP SAID CURVE: $02°03'00* E FOR A DISTANCE OF 38.91 FEET TO A $49 INCH IRON ROD FOUND MARKING THE GEGINNING OF 4 COUNTERCOCK WISe CURVE HAVING A RADIUS OF 430.00 FRET: ALANA AMIN CURVE THROUOT A CENTRAL ANOLE Of [2° 00 00" FOR AN ARC DETANCE OF 380.26 FRET (CHOBWD BRARS: S 28° 11° 32" B - 377.00 FEET) TOA % INCH BRON ROD FOUND MARKING THE ENDING PODTT OF SAID CURVE, S 54° 17 24° E FOR A DISTANCE OF 357,55 PERT TO A POINT Iv a CONCRETE POOTDIG MARKING THE MOST BASTERLY CORNEX. Ot SAIDNALADO SPRINGS SUBDIVISION AND THE NORTH CORNSA OF DLOCK 2. THE PARK AT VISTA DEL NORTE SUBDIVISION, UNIT 1, ACCORDING TC THE PLAT RECORDED ON YOLUME $550, PAGE 11 OF THE DEED AND PLAT RECOV.DS OF BEXAR COUNTY, TEXAS, THENCE: § 35° 46 43° W ALONG THE COMMON LIKE OF S40) SALADO SPRINGS SUBILVISION AND SAND THR PARK AT VISTA OSL NOR TR SUBINVIGION, UNIT 1, FOR A DISTAKCE O8 $12. SPEET TO ASA INCH GROW ROD FOUND MARKING THE WEST CORNER OF THE PARK aT vetra DEL NORTE SUBDIVISION, UNTT 1, THENCE: § 39° 46 44" W ALONG THE COMMON LING OF SAID SALADO SPRINGS SUDIVISION AND AN EXISTING VARIABLES WITH ORAINAGS EASEMENT CURRENTLY OWNED BY THE CITY OF SAN ANTONIO FOR A DISTANCE OF 27) PRET TO THE SOUTHEAST CORNER OF TUE AFOREMENTIONED 10.293 ACRE TRACT, POR REPBRENCE A & INCH IRON ROD FOUND BEARS. $ 66°25 a7" B~ 0,1) FETS THENCE: THROUGH SAID SALADO SPRINGS SUBDIVISION AND ALONG THE NORTHEAST LINKS OF SAID 10.235 ACRE TRACT FOR THE POCLOWING CALLS: N 66° 2342" W POR A DISTANCE OF 148.14 PRET TO A % INCH IRON ROD FOUND, WW? $4" 12" W FOR A DISTANCE OF 145,67 FEET TO. 4 INCI IRON ROD FOUND, W 3G 17 OT°W POR A DISTANCE Of 144.12 FRET TO A ( INCH IROG! ROD FOUND, NSE? 97 43" W POR A DISTANCE OF 68.92 FRET TOA 4 INCH TRON ROO FOUND, 25° 53 O™ W POR A DISTANCE OF 159.83 PEET TOA 4 INCH IRON ROD FOUND, N68" 08 46° POR A DISTANCE OF 234.21 FRET TO A 5 INCH IRON ROOD ROUND, WS3° S116" W GR A DISTANCE OF 29.3) PRRY TO A % ICH IRON ROD AOUND, NAP SY 44* BW FOR A DISTANCE OF £12.01 7EBT TOA % INCH IRON ROD FOUND; NP SH 14° W FOR A DISTANCE OF 92.06 PBET TO A % INCH IRON ROD FOUND; Doc# 20260500116 03/27/2026 08:05 AM Page 9 of 9 Lucy Adame-Clark, Bexar County Clerk N49? 23 207" W FOR A DISTANCE OF 23.86 FEST 70 A 4 (NCH BRON ROD POUND, NS$* 27 55° W POR A DISTANCE OF 22 46 PRET 70 A % INCH RON ROD POUND. N38" 09 02" W FOR A DISTANCE OF 48.07 FEST TO A % INCH IRON ROD FOUND, WN 46° 28 08" W FOR A DISTANCE OF 71.89 FRET TO A % INCH TRON ROD FOUND, N 49° 20 $5” W FOR A DISTANCE OF 96.41 PRET TO A 4 INCH IRON ROD FOUND, N05" $@ 35" E FOR A DISTANCE OF 96.30 FEET TG A % INCH IRON ROD FOUND, N11°43 33° W POR A DISTANCE OF 76.4 FEET 10 THE RQIYE. OF BEGINNING CONTAINING 14992 ACCUSS OF LAND, MOR OF LESS, AS SURVEYED OF THE GROUND JUNE, 2019 BEARING SYSTEM SHOWN HEREIN IS BASED ON THE PLAT CALL BEARINGS OF SALADO SPRINGS SUBDIVISION, 9533218, BRAO KERR REGISTERED PROFESSIONAL, LAND SURVEYOR No. 4402 CAD # 16325.001.001 FILE INFORMATION Document Number: 20260500116 Date/Time: 3/27/2026 8:05:22 AM Total Pages: 9 FILED iN THE OFFICIAL PUBLIC RECORDS OF BEXAR COUNTY LUCY ADAME - CLARK BEXAR COUNTY CLERK Total Fees: $2.00