Foreclosure Notice - 1820 N Lake Forest Dr, McKinney, 75071 - 11/03/2026
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Address
Auction Date
Foreclosure
Appraised
Year Built
Lien
Sq. Ft.
Prop Type
Address
Foreclosure
Year Built
Prop Type
1820 N Lake Forest Dr
11/03/2026
mortgage
$2,200,000
2017
$4,200,000
5,700
Business Real(Commercial)
1820 N Lake Forest Dr
mortgage
2017
Business Real(Commercial)
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Details
Status:  ACTIVE
Mortgage Foreclosure
Legal Description
LAKE FOREST/380, BLDG 200, UNIT 200, 32.295 % CMN INT
Links
Additional info
Appraised Value:  $2,200,000
Year Built:  2017
Lien Amount:   $4,200,000
Improvement Area:  5,700 sq.ft.
Lot Size:  113,648.04 sq.ft.
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Foreclosure Notice*
Z. l NOTICE OF SUBSTITUTE TRUSTEE'S SALE 2:".` S: t C, PH 2: 58 STATE OF TEXAS KNOW ALL MEN BY THESE PRESENTS: COL' 4a ( IG' COUNTY OF COLLIN COLI_It'. ; W 7' TEXAS WHEREAS, MCKINNEY PROGRESSIVE ASSOCIATES, LLC, a Texas lim% ijrabilitynEPUTY company ( the " Mortgagor"), executed that certain Texas Deed of Trust and Security Agree ent, dated July 21, 2017, recorded in 20170725000976320, Real Property Records, Collin County, Texas, to Brant Standridge, Lisa M. Tragemann, and Tony Reitzel, as trustee ( individually and collectively the " Original Trustee"), and that certain Assignment ofLeases and Rents dated July 21, 2017 (collectively, the " Deed of Trust") for the benefit of Branch Banking and Trust Company now known as Truist Bank, a North Carolina banking corporation (" Original Lender") pertaining to certain land (" Land") located in Collin County, Texas, more particularly described in Exhibit A attached hereto and incorporated herein by reference, and the other collateral( collectively, the " Other Collateral") described in the Deed ofTrust( the Land and Other Collateral is herein referred to as the " Mortgaged Property") to secure that certain PROMISSORY NOTE ( together with any and all extensions, renewals, modifications, restatements and/or replacements thereof, the " Note") dated July 21, 2017, in the principal amount of$4,200,000.00, executed by Mortgagor and payable to Branch Banking and Trust.Company now known as Truist Bank, a North Carolina banking corporation and all other indebtedness, liabilities, and obligations ( collectively, the " Indebtedness") described in the Note and Deed ofTrust; WHEREAS, pursuant to that certain Assignment of Note Instruments (" Truist Bank Assignment"), dated September 29, 2025, Truist Bank assigned to Noble Capital Management, LLC Mortgagee") all ofits right, title and interest in, to and under the Deed ofTrust; WHEREAS, TruistBank assigned theNote to Mortgagee. WHEREAS, Mortgageeis theholder ofthe Noteand beneficiaryunderthe Deed ofTrust; WHEREAS, pursuant to the authority of Section 51. 0075(c) of the Texas Property Code Substitute Trustee Statute") and in accordance with the terms and conditions of the Deed of Trust, Mortgagee has appointed Carol Dumnon, Mary Mancuso, Michele Hreha, Shelley Ortolani, Francesca Ortolani, Guy Wiggs, David Stockman, Brenda Wiggs, Donna Stockman, Janet Pinder, Brandy Bacon, Michelle Schwartz, Jamie Dworsky, Angela Brown, Payton Hreha, JeffBenton, and Leslie Shuler, each with a street address of 7500 Dallas Parkway, Suite 200, Plano, Texas 75024, individually and severally, and not jointly (collectively, the " Substitute Trustees" or severally, a " Substitute Trustee"), each of whom may act alone, without the necessity of the joinder of the other Substitute Trustees, as the substitute trustees, in the place and stead ofand to succeed to all ofthe rights, titles, estates, powers, privileges and authorities granted in the Deed ofTrust to the Original Trustee and any previously appointed substitute trustee; and WHEREAS, the Indebtedness has been properly accelerated and is now wholly due and payable; and WHEREAS, Mortgagee has made demand upon Mortgagor to pay to Mortgagee the Indebtedness now due, but such Indebtedness has not been paid; and WHEREAS, Mortgagee, as the beneficiary under the Deed ofTrust, has instructed the Substitute Trustee to post, file and mail, or cause to be posted, filed and mailed, appropriate notice and to sell the Mortgaged Property to satisfy, in whole or in part, the unpaid Indebtedness. NOTICE OF SUBSTITUTE TRUSTEE' S SALE III 11111111 I lDIIII liii f PAGE 1 4887731NOW, THEREFORE, NOTICE IS HEREBY GIVEN that on November 3, 2026, no earlier than 10:00 a.m. or no later than three hours after that time, the Substitute Trustee will commence the sale ofall or a portion, ofthe Mortgaged Property, in parcels or as awhole, at public auction to the highest bidder for cash, pursuant to the Deed ofTrust and applicable law; such sale will be held at the following designated area: the southwest entrance ofthe Jack Hatchell Collin County Administration Building located at 2300 Bloomdale Road, McKinney, Texas 75071, or ifthe preceding area is no longer the designated area, at the area most recently designated by the County Commissioners Court, Collin County, Texas, SUBJECT, HOWEVER, to all liens, exceptions to title, easements, restrictions, and encumbrances affecting any of the Mortgaged Property or title thereto which are equal or prior to the lien and security interest created by theDeed ofTrust. The Substitute Trustee's sale will occur between the earliest time to begin the sale as specified above and 1: 00 p.m. To the extent that any ofthe Mortgaged Property described on Exhibit A hereto has been released from the lien ofthe Deed ofTrust, by written instrument signed by Mortgagee or its predecessor and filed for record in the Real Property Records ofCollin County, Texas, or has been released from the security interest created in the Deed of Trust by an appropriate fmancing statement amendment filed by Mortgagee or its predecessor in the applicable filing office, this notice is not intended to and does not cover such property, and such property will not be part of the Mortgaged Property conveyed to the purchaserby reason ofsuch sale. Ifsuch sale or sales do not result in full satisfaction of all ofthe Indebtedness now due, the lien and security interest of the Deed of Trust shall remain in full force and effect in respect of any of the Mortgaged Property not so sold and any and all other types ofreal and personal property covered by the Deed ofTrust and not described herein. IN WITNESS WHEREOF, the Substitute Trustee has signed this notice as of 0_ G 2026. The remainder ofthispage is intentionally left blank.] NOTICE OFSUBSTITUTE TRUSTEE' S SALE PAGE 2SUBSTITUTE TRUSTEE: I6os Name: I Mgr) J STATE OF TEXAS i) COUNTY OF 1liaS § y Th s instrument was ACKNOWLEDGED s b ta e te fo b re me one 2026, by L,Lf t1 in the ca aci therein d. SEAL] Notary Pub c, t to ofTexas My Commission Expires: MI A din ALan 1i Publrld j 3 . ZA) tof l - Printed Name Notary c r 1 V :,. ''„ MICHELLE SHELLEY ORTOLAN' Alm:`.= Notary Public, StateofTexas F: Comm. Expires 0 3-2028 , d Notary ID 90421 rj NOTICE OF SUBSTITUTE TRUSTEE' S SALE SIGNATURE PAGEEXHIBIT A LAND Unit 200, Building 200 and Unit 300, Building 300, ofLAKE FOREST/380, a condominium community in the City of McKinney, Collin County, Texas according to the Correction Declaration filed 02/05/2015, recorded in cc#20150205000128700, Real Property Records, Collin County,Texas, and as amended by First Amendment, filed 05/ 12/2015, and recorded in cc# 20150512000551360, Real Property Records, Collin County, Texas, together with appurtenant undivided percentage of the Limited and General Common Elements assetouttherein. EXHIBIT A- LAND SOLO PAGE
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