Foreclosure Notice*
"NOTICE OF FORECLOSURE SALE MA eee QOKHAR 12 AH 9: 97 APPOINTMENT OF SUBSTITUTE TRUSTEE STACEY icpep COUNTY COLLIN COUNTY Exas Assert and protect your rights as a member of the armed forces 0 _oroyry of the United States. If you are 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 activeduty military service to the sender of this notice immediately. Deed of Trust: Dated: June 13, 2022 on or about Grantor: Reva Hospitality Wylie, LLC Original Trustee: Brandon Norris Current Lender: Louisiana National Bank, a Louisiana financial institution, as to an undivided interest of 100 Recorded in: Instrument No. 2022000117027 recorded on July 29, 2022 in the real property records of Collin County, Texas. Legal Description: BEING a 2.475 acre tract of Jand situated in the Duke Strickland Survey, Abstract No. 841, Collin County, Texas, and being part of a called 34.412 acre tract of land Less and Except a 2.791 acre Tract and a 3.244 acre Tract 2, leaving a remainder of 28.377 acres described in deed to ParkerScholz Properties, LTD, recorded as Instrument No. 20081209001400140, Official Public Records Collin County, Texas OPRCCT, and being more particularly described as follows: BEGINNING at a 12 iron rod with a yellow plastic cap stamped RPLS 3963 found for corner in the future west rightofway line of Sanden Boulevard 110 ROW at the southwest corner of a called 0.476 acre tract described in a deed to ParkerScholz Properties, LTD, recorded as Instrument No. 20081209001400130, OPRCCT, common to the southeast corner of said 28.377 acre tract, said point also being the northeast corner of Lot I, Block A of Bayco Addition, an addition to the City of Wylie, Collin County. Texas, recorded in Cabinet Q, Page 471 of the Plat Records of Collin County, Texas NOTICE OF FORECLOSURE SALE AND APPOINTMENT OF SUBSTITUTE TRUSTEE PGA \f Foreclosure Sale: Date: Time: Place: Terms of Sale: Substitute Trustee: THENCE South 86 Degrees 35 29 West, along the common line of said 28.377 acre tract and said Bayco Addition, a distance of 438.63 feet, to a 12 iron rod with a yellow plastic cap stamped RPLS 3963 found for corner at the southeast corner of a 2.452 acre tract described in a deed to Karma Hotels, LLC, recorded as Instrument 20151215001557690, OPRCCT THENCE North along the east line of said 2.452 acre tract, at 227.96 feet, passing a 12 iron rod with a yellow plastic cap stamped RPLS 3963 found for corner at the most southerly northeast corner thereof, and continuing for a total distance of 263.96 feet to 58 iron rod with a yellow plastic cap stamped RPLS 3963 set for corner THENCE East, a distance of 420.73 feet to a 58 iron rod with a yellow plastic cap stamped RPLS 3963 set for corner in the common line of said 28,377 acre tract and said 0.476 acre tract and said future west right ofway line of Sanden Boulevard THENCE South 04 Degrees 07 04 East, along last mentioned common line, a distance of 238.50 feet to the Place of Beginning and containing 2.475 acres of land. More commonly known as: 2200 W. FM 544, Wylie, Texas 75098 4991 Tuesday, April 2, 2024 The sale of the Property will be held between the hours of 10:00 A.M. and 1:00 P.M. local time the earliest time at which the Foreclosure Sale will begin is 10:00 A.M. and not later than three hours thereafter. The southwest entrance of the Jack Hatchell Collin County Administration Building located at 2300 Bloomdale Road, McKinney, Texas 75071, or in the area otherwise designated by the Commissioners Court pursuant to 51.002 of the Texas Property Code as amended. The Foreclosure Sale will be conducted as a public auction and the Property will be sold to the highest bidder for cash, except that Lenders bid may be by credit against the indebtedness secured by the lien of the Deed of Trust. David R. Gibson, Reagan R. Herod, Lauren M. Upshaw, Taylor J. Monroe, Leah N. Duncan, Francesca Ortolani, Shelley Ortolani, Mary NOTICE OF FORECLOSURE SALE AND APPOINTMENT OF SUBSTITUTE TRUSTEE PG.2 \f Mancuso, Liz Hach, Michele Hreha, Carol Dunmon, Jane Kline, Payton Hreha or Chasity Lewallen. Default has occurred in the payment of the Note and in the performance of the obligations of the Deed of Trust. Because of that default, Lender, the owner and holder of the Note, has requested Substitute Trustee to sell the Property. The Deed of Trust may encumber both real and personal property. Formal notice is hereby given of Lenders election to proceed against and sell both the real property and any personal property described in the Deed of Trust in accordance with Lenders rights and remedies under the Deed of Trust and section 9.604a of the Texas Business and Commerce Code. Therefore, notice is given that on and at the Date, Time, and Place for the Foreclosure Sale described above, Substitute Trustee will sell the Property in accordance with the Terms of Sale described above, the Deed of Trust, and applicable Texas law. If Lender 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 andor security interest of the Deed of Trust by Lender. 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 51.009 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 51.0075a 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. THIS INSTRUMENT APPOINTS THE SUBSTITUTE TRUSTEES IDENTIFIED TO SELL THE PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT IDENTIFIED IN THIS NOTICE OF SALE. THE PERSON SIGNING THIS NOTICE IS NOTICE OF FORECLOSURE SALE AND APPOINTMENT OF SUBSTITUTE TRUSTEE PG 3 \f THE ATTORNEY OR AUTHORIZED AGENT OF THE MORTGAGEE OR MORTGAGE SERVICER. Dated: March 11, 2024 Respectfully submitted, David R. Gibson SBN: 07861220 david.gibsongibsonlawgroup.com 15400 Knoll Trail Dr., Ste. 205 Dallas, Texas 75248 P: 817 7694044 F: 817 7644313 NOTICE OF FORECLOSURE SALE AND APPOINTMENT OF SUBSTITUTE TRUSTEE PG.4 \f "