Foreclosure Notice - 1501 CHANCELLOR LN, MCKINNEY, 75072 - 12/02/2025
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
1501 CHANCELLOR LN
12/02/2025
mortgage
$2,310,504
2003
$647,500
8,562
Residential R(A1)
1501 CHANCELLOR LN
mortgage
2003
Residential R(A1)
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  UNKNOWN
Mortgage Foreclosure
Legal Description
CHANCELLOR CREEK CMC, BLK A, LOT 13R; * REPLAT *
Links
Additional info
Appraised Value:  $2,310,504
Year Built:  2003
Lien Amount:   $647,500
Improvement Area:  8,562 sq.ft.
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Foreclosure Notice*
24-257154 FILED NoticeofSubstitute Trustee' sSale2025OCT62: S8 NoticeConcerning MilitaryDuty:AssertandprotectyourrightsasamemberofthearmedforcesoftheUnited States. Ifyouareoryourspouse isservingonactive military duty,includingactive military dutyaso_membepmd `AS 1oftheTexasNational Guard ortheNational Guard ofanother state orasamember ofareserve component V4 TY ofthearmedforcesoftheUnitedStates,pleasesendwrittennoticeoftheactivedutymilitaryservicetothe sender ofthisnoticeimmediately.Tex.Prop.Code§ 51.002(i) DeedofTrust Date: December 22,2005 Original Mortgagor/ Grantor: EDWARD L.PEARSON JRANDDIANEPEARSON Original Beneficiary/Mortgagee: JPMORGAN CurrentBeneficiary/ Mortgagee: U.SBANK CHASE BANK, N.A. NATIONAL ASSOCIATION, ASTRUSTEE FORJ.P. MORGAN MORTGAGE TRUST 2006-A4 Recorded in: Property County:COLLIN Volume: N/A Page: N/A Instrument No:2006-0002626 Mortgage Servicer: SELECT PORTFOLIO Mortgage Servicer' sAddress: 3217S.DECKER LAKE SERVICING DR. SALTLAKECITY,UTAH84119 Themortgageservicerisauthorized torepresenttheMortgagee byvirtueofaservicingagreement withtheMortgagee. Pursuanttothe ServicingAgreementandTexasPropertyCode§51.0025,theMortgageServicerisauthorizedtocollectthedebtandtoadministeranyresulting foreclosure ofthepropertysecuring theabovereferenced loan. Secures:Noteintheoriginalprincipalamountof$647,500.00,executedbyEDWARD PEARSON JRandpayable totheorderofLender. PropertyAddress/MailingAddress: 1501CHANCELLOR LANE,MCKINNEY, TX75070 LegalDescription ofPropertytobeSold:BEINGLOT14, BLOCKAOFCHANCELLOR CREEK, AN ADDITION TOTHECITYOFMCKINEY, COLLIN COUNTY, TEXAS,ACCORDING TOTHEPLAT THEREOF RECORDED INCABINET M, SLIDE 145,PLATRECORDS, COLLIN COUNTY, TEXAS. . DateofSale:December 2,2025 Earliest timeSalewillbegin: 10:00AM PlaceofsaleofProperty:THEFRONTSTEPSOFTHECOLLINCOUNTYCOURTHOUSE LOCATED AT 2100BLOOMDALE ROAD,MCKINNEY, TX75071;ORASDESIGNATED BYTHECOUNTY COMMISSIONER' SOFFICE ORINTHEAREADESIGNATED BYTHECOMMISSIONER' SCOURT, PURSUANT TOSECTION 51.002OFTHETEXAS PROPERTY CODE TheSubstitute Trusteewillsellthepropertybypublicauctiontothehighestbidderforcashattheplaceanddate specified. Thesalewillbeginattheearliesttimestatedaboveorwithinthree(3)hoursafterthattime. Appointment ofSubstitute Trustee: DefaulthasoccurredinthepaymentoftheNoteandintheperformance ofthe obligations oftheDeedofTrust, thesameisnowwhollydue. Becauseofthatdefault, U.SBANKNATIONAL ASSOCIATION, ASTRUSTEE FORJ.P. MORGAN MORTGAGE TRUST2006-A4, theownerandholderofthe Note,hasrequested TEJASCORPORATE SERVICES, LLCWHOSE ADDRESS IS14800LANDMARK BLVD., SUITE850,DALLAS, TX75254,toselltheproperty.TheTrustee(s)has/havebeenappointed Substitute Trusteein theplaceoftheoriginaltrustee,inthemannerauthorized bythedeedoftrust. TermsofSale: TheForeclosure Salewillbeconducted asapublicauctionandthePropertywillbesoldtothe highestbidderforcash, exceptthatU.SBANKNATIONAL ASSOCIATION, ASTRUSTEE FORJ.P. MORGAN MORTGAGE TRUST2006-A4bidmaybebycreditagainsttheindebtedness securedbythelienoftheDeedof Trust. 111111111111111111111111111111111111111111 111111111111111111111111111111111111111111111111 11111111111111111111111111111111Pursuant tosection 51.009oftheTexasPropertyCode, theProperty willbesold "ASIS,"withoutanyexpressed or impliedwarranties, exceptastothewarranties( ifany)provided forundertheDeedofTrust.Prospective biddersare advisedtoconductanindependent investigation ofthenatureandphysicalcondition oftheProperty. Pursuanttosection51.0075(a) oftheTexasPropertyCode, TEJASCORPORATE SERVICES, LLCWHOSE ADDRESS IS14800LANDMARK BLVD., SUITE 850, DALLAS, TX75254, Trustee reserves therighttoset furtherreasonable conditionsforconducting theForeclosure Sale. Anysuchfurtherconditionsshallbeannounced beforebiddingisopenedforthefirstsaleofthedayheldbyTEJASCORPORATE SERVICES, LLCWHOSE ADDRESS IS14800LANDMARK BLVD., SUITE 850,DALLAS, TX75254, Trustee. Limitation ofDamages: Ifthesaleissetasideforanyreason,thepurchaser atthesaleshallbeentitledonlytoa returnofthefundspaid.Thepurchaser shallhavenofurtherrecourseagainstMortgagor, theMortgagee, orthe Mortgagee' sattorney. THISINSTRUMENT APPOINTS THESUBSTITUTE TRUSTEE( S) IDENTIFIED TOSELL THEPROPERTY DESCRIBED INTHESECURITY INSTRUMENT IDENTIFIED INTHIS NOTICE OFSALE. THEPERSON SIGNING THISNOTICE ISTHEATTORNEY OR AUTHORIZED AGENT OFTHEMORTGAGEE ORMORTGAGE SERVICER. s/Joseph Vacek Joseph Vacek AttorneyforSelectPortfolio Servicing, Inc. StateBarNo.: 24038848 ivacek@raslg. com Robertson, Anschutz, Schmid, Crane& Partners, PLLC/AttorneyforMortgagee 5601Executive Dr, Suite400 Irving, TX75038 Telephone: 817-873-3080 Facsimile: ( 817)796-6079
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