Images
image: 0 / 1
Foreclosure Notice*
31[ [08
ASSERT AND PROTECT YOUR RIGHTS AS A MEMBER OF THE ARMED FORCES
OF THE UNITED STATES. IF YOU OR YOUR SPOUSE IS SERVING IN ACTIVE MILITARY
DUTY, INCLUDING ACTIVE MILITARY DUTY AS A MEMBER OF THE TEXAS NATIONAL
GUARD, 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. ,
NOTICE OF SALE BY SUBSTITUTE TRUSTEE
STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF DENTON §
Loan Agreements: Loan Agreement dated June 26, 2024, made by and between Washguys
#3, LLC, a Texas Limited Liability Company, Washguys #7, LLC, a
Texas Limited Liability Company, Sierra & Son’s Investments, Inc., a
Texas corporation, jointly and severally liable (collectively, “Borrower”),
and John C. Pappas, Santhosh N. Kumar and SK Ganesh Group, LLC, a -
Texas Limited Liability Company, jointly and severally liable, and Texas
Heritage National Bank for a $9,140,000.00 loan;
BEFUTY
RECORD
26 JUN 15 AM 3: 26
COUNT YT CLERK DENTGH CO. TEX
Ye.
and
Loan Agreement dated June 26, 2024, made by and between Washguys
#3, LLC, a Texas Limited Liability Company, Washguys #7, LLC, a
Texas Limited Liability Company, Sierra & Son’s Investments, Inc., a
Texas corporation, jointly and severally liable (collectively, “Borrower”),
and John C. Pappas, Santhosh N. Kumar and SK Ganesh Group, LLC, a
Texas Limited Liability Company, jointly and severally liable, and Texas
Heritage National Bank for a $225,000.00 loan;
FILED FOR f
Notes: Promissory Note dated June 26, 2024, in the original principal amount of
$9,140,000.00 (the “$9.14 Million Note”) executed and delivered by
WashGuys #3, LLC, WashGuys 7, LLC, and Sierra & Son’s Investments,
Inc. (collectively, “Borrower”’) to Texas Heritage National Bank
(“Lender”);
and
Promissory Note dated June 26, 2024, in the original principal amount of
$225,000.00 (the “the $225K Note”) executed and delivered by
WashGuys #3, LLC, WashGuys 7, LLC, and Sierra & Son’s Investments,
Inc. (collectively, “Borrower”)
The $9.14 Million Note and the $225K Note are collectively referred to
as (the ‘“‘Notes”)
Security Instrument: Deed of Trust executed by WashGuys #3, LLC, WashGuys 7, LLC to .
Russell Alexander as Trustee for the benefit of Texas Heritage National
NOTICE OF SALE ~ PAGE 1
Guaranties:
Creditor, Owner &
Holder:
Appointed Substitute
Trustees:
Note: Each substitute
trustee is authorized
individually, to act alone
without the joinder of the
other trustees.
The Substitute Trustees are
authorized to sell the
Properties at public venue
to the highest bidder or
bidders, for cash.
Properties (including
Collateral) to be sold:
Date of Sale:
Time of Sale:
Location of Sale:
NOTICE OF SALE — PAGE 2
Bank, recorded on June 27, 2024, as Instrument Number 68457, in the
Official Public Records of Denton County, Texas
Guaranty made effective as of June 26, 2024, executed and delivered by
Santhosh N Kumar to Lender (the “Kumar Guaranty”); that certain
Guaranty made effective as of June 26, 2024, executed and delivered by
John C. Pappas (the “Pappas Guaranty”); that certain Guaranty made
effective as of June 26, 2024, executed and delivered by SK Ganesh
Group LLC (the “SKGG Guaranty”) (the Kumar Guaranty, Pappas
Guaranty and SKGG Guaranty shall sometimes be hereinafter collectively
_be referred to as the “‘Guaranties”)
Texas Heritage National Bank
Abstracts/Trustees of Texas, LLC, P.O. Box 9932, Austin, Texas 78766
and
T. J. Riney, L. Nelson or S.G. Downing, 5420 LBJ Freeway, Suite 220,
Dallas, TX 75240
Washguys #3, LLC, 4173 Main St, The Colony, Texas 75056 and
Washguys #7, LLC, 2112 Sadau Ct., Denton, TX 76210 and as further
described in Exhibit A attached hereto, (and.as further described in the
Deed of Trust), along with the improvements on such real property and
any after acquired permanent improvements or title to such improvements
and/or real property (the “Properties”).
Tuesday, July 7, 2026
The sale will begin no earlier than 1:00 P.M. and no later than three (3)
hours thereafter. .
At the County Courthouse in Denton County, Texas, on the southwest
comer courtyard area of the Denton County Courts Building, 1450 E.
- McKinney St., Denton, Texas 76209, unless the location of the sale has
been otherwise designated to a specific location by the Commissioner’s
Court of Denton County, or if the preceding area is no longer the
Terms of Sale:
Type of Sale:
Default and Notice:
NOTICE OF SALE - PAGE 3
designated area, at the area most recently designated by the County
Commissioner's Court.
The sale will be conducted as a public auction to the highest bidder for
cash, subject to the provisions of the Deed of Trust permitting the
beneficiary thereunder to have the bid credited to the Notes up to the
amount of the unpaid debt secured by the Deed of Trust at the time of
sale.
Those desiring to purchase the Properties will need to demonstrate their
ability to pay their bid immediately in cash if their bid is accepted.
The 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 sale
will necessarily be made subject to all prior matters of record affecting
the Properties, if any, to the extent that they remain in force and effect and
have not been subordinated to the Deed of Trust. The sale shall not cover
any part of the Properties that has been released of public record from the
lien of the Deed of Trust. Prospective bidders are strongly urged to
examine the applicable Properties records to determine the nature and
extent of such matters, if any.
Pursuant to the Deed of Trust, the beneficiary has the right to direct the
Trustee to sell the Properties in one or more parcels and/or to sell all or
only part of the Properties.
Pursuant to section 51.009 of the Texas Property Code, the Properties will
be sold-in “as is, where is” condition, without any express or implied
warranties, except as to the warranties of title (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
Properties.
Pursuant to section 51.0075 of the Texas Property Code, the trustee
reserves the right to set further reasonable conditions for conducting the
sale. Any such further conditions shall be announced before bidding is
opened for the first sale of the day held by the trustee or any substitute
trustee,
The sale is a non-judicial sale being conducted pursuant to the power of
sale granted by the Deed of Trust executed by WashGuys #3, LLC,
WashGuys 7, LLC.
Default has been made in payment of the Notes and Deed of Trust and the
Notes are now unpaid, delinquent and in default. All required notices
have been given to WashGuys #3, LLC, WashGuys 7, LLC and any and
Dated: June 12, 2026.
AFTER RECORDING, PLEASE RETURN TO:
Riney Ronquillo Soule, PLLC
Attn: T.J. Riney
Two Lincoln Centre
5420 LBJ Freeway, Suite 220.
Dallas, Texas 75240
NOTICE OF SALE - PAGE 4
all other necessary parties with regard to the defaulted indebtedness. The
Trustee has requested the undersigned, substitute trustee, to post, file and
give notice of foreclosure of the Deed of Trust and the liens thereof in
accordance with applicable Texas law and the terms and provisions of the
Deed of Trust.
EXHIBIT A
LEGAL DESCRIPTION OF PROPERTY
Tract 1
Being Lot 3R, in Block A of Golden Triangle Mini-Mall, an addition to the City of Denton, Denton
County, Texas, according to the map or plat thereof recorded in Cabinet G, Page 260 of the Map
_ or Plat Records of Denton County, Texas.
Tract 2
Being Lot 2R, Block 1, of Spotless Addition, an Addition to the City of the Colony, Denton
County, Texas, according to the Plat thereof recorded in Cabinet N, Page 286 of the Plat Records
of Denton County, Texas.
Less, SAVE AND EXCEPT that certain called 4.472 square foot tract of land, and that certain
1,094 square foot tract of land, said tracts conveyed to the State of Texas by Sierra & Son’s
Investments, Inc., in a deed recorded April 15, 2010, under Clerk’s File No. 2010-34872, Real
Property Records, Denton County, Texas.
NOTICE OF SALE - PAGE 5