NOTICE OF SUBSTITUTE TRUSTEE' S SALE DEED OF TRUST: Amended and Restated Fee and Leasehold Deed of Trust and Security Agreement (together with any and all amendments, extensions, or othermodifications, the "Deed ofTrust") described as follows: Date: March 21, 2025 Grantor: S2 WILLOWBEND AMP CRNT LLC, aDelaware limited liability company; S2 WILLOW BEND CV LLC, a Delaware limited liability company; S2 WILLOWBEND ROL LLC, Delaware limited liability company; and PECOS HOUSING FINANCE CORPORATION, a Texas public nonprofit housing finance corporation. Original REBECCA CONRAD Trustee: c/o Chicago Title Insurance Company 2828 Routh Street, Suite 800 Dallas, Texas 75201 Beneficiary: BSPRT 2021- FL7 ISSUER, LTD., an exempted company incorporated with limited liability under the laws ofthe Cayman Islands. Recorded: Document No. 2025000033780 in the real property records of Collin County, Texas. Real Property: The real property located in Collin County, Texas, moreparticularly described in Exhibit A attached hereto and incorporated herein by reference ( the co Property"), commonly known as 2525 Preston Road, Plano, Texas 75093, 2 X Etogether with all improvements; easements; equipment, fixtures, and personal C property; leases and rents; and other rights appurtenant to the real property, as I fir e' scribed inthe Deed ofTrust and the other collateral (collectively, the" Other g ollateral") described in the Deed ofTrust, Loan Agreement, and other Loan o ocuments (as defined inthe Loan Agreement). The streetaddress isprovided 4 ;_, o le ly forreference purposes only,andinthe eventofany discrepancy between ait uch addresses and the legal description set forth in Exhibit A, the legal N 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: April 1, 2021 Maker: S2 WILLOW BEND AMP CRNT LLC, aDelaware limited liability company; S2 WILLOW BEND CV LLC, a Delaware limited liability company; and S2 WILLOW BEND ROL LLC, Delaware limited liability company. 1Original BSPRT CREFINANCE, LLC, aDelaware limited liability company. Payee: Original THIRTY- SIX MILLION TWO HUNDRED NINETY- SIX THOUSAND Principal AND NO/ 100 DOLLARS ($ 36,296,000.00). Amount: BSPRT 2025-FL12 ISSUER, LLC, a Delaware limited liability company, is the current holder of the Note, Deed ofTrust, and other Loan Documents (as defined in the Loan Agreement). Default has occurred in the payment ofthe Note and the performance of obligations under the Deed ofTrust. Because ofthat default, BSPRT 2025- FL12 ISSUER, LLC has requested Substitute Trustee to sell the Property. FORECLOSURE SALE: Mortgagee: BSPRT 2025-FL12 ISSUER, LLC, a Delaware limited liability company (as successor- in-interest to BSPRT 2021- FL7 ISSUER, LTD., an exempted company incorporated with limited liability under the laws of the Cayman Islands, as successor- in-interest to BSPRT CRE FINANCE, LLC, a Delaware limited liability company) (" Mortgagee"). Mortgagor: S2 WILLOW BEND AMP CRNT LLC, aDelaware limited liability company; S2 WILLOW BEND CV LLC, a Delaware limited liability company; S2 WILLOW BEND ROL LLC, Delaware limited liability company; and PECOS HOUSING FINANCE CORPORATION, a Texas public nonprofit housing finance corporation. Date: JULY 7, 2026, the firstTuesday ofthe month. Time: The sale ofthe Propertywill be heldbetweenthe hours of10:00 a.m. and4:00 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 Collin County, Texas, pursuant to Section 51.002 ofthe Texas Property Code, or ifno such location is designated by the Commissioners Court, the sale will be conducted at the place where this Notice ofSubstitute Trustee' s Sale has been posted. 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'sbidmay be by creditagainst the indebtedness secured bythe lien ofthe Deed ofTrust. The purchase price is due and payable without delay on Substitute Trustee' s acceptance ofthe purchaser's bid. 2Substitute 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 David Babb, Esq. Nelson Mullins Riley& Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: David.Babb@NelsonMullins. com Kyle Hansen, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: Kyle.Hansen@NelsonMullins. com Sabrina Focht, Esq. Nelson Mullins Riley & Scarborough LLP 3333 Lee Parkway, Suite 750 Dallas, Texas 75219 Austin Daniel, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 3The Substitute Trustees were appointed by an Appointment of Substitute Trustee recorded as Document No. 2026000078173 in the real property records ofCollin County, Texas. The Deed ofTrust 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 described inthe Deed ofTrust in accordance withMortgagee' srights andremediesundertheDeed ofTrust and Section 9.604(a) ofthe Texas Business and Commerce Code. Ifthe Foreclosure Sale does not result in full satisfaction of all indebtedness now due, the lien and security interest of the Deed ofTrust 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 ofthe Deed of Trust andthe 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 ofTrust. Forthe avoidance of doubt, the Foreclosure Sale will not cover any part ofthe Property that has been released of publicrecordfromthelienand/orsecurity interestoftheDeed ofTrustbyMortgagee. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent ofsuch matters, ifany. Pursuant to Section 51.009 ofthe 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 ofthe nature and physical condition ofthe Property. Pursuant to Section 51.0075(a) ofthe 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 ofthis page is intentionally left blank.] 4IN WITNESS WHEREOF, the Substitute Trustee has signed this Notice of Substitute Trustee' s Sale as ofJune ` , 2026. SUBSTITUTE TRUSTEE: 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 David Babb, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: David.Babb@NelsonMullins. com Kyle Hansen, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: Kyle.Hansen@NelsonMullins. com 5Sabrina Focht, Esq. Nelson Mullins Riley & Scarborough LLP 3333 Lee Parkway, Suite 750 Dallas, Texas 75219 Austin Daniel, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 STATE OF TEXAS COUNTY OF COLLIN 11 , This instrument was ACKNOWLEDGED • efore me on June 2026, by Xenna K. Davis, known to me to be the person whose - . me is sub ibed to the foreg•' ng instrument. 4) 1 SEAL] O. irPubliPtyinP1e ofTexas o,: My CommissionExpires: APATOA- k, I 4 j 0- 2i -T %1 Printed Name741Tary Public I oPava`: JENNIFER SAMPLEY i:i:Notary Public, StateofTexas 3N.: .- Comm. Expires 10-27-2027 o2;;;;c Notary ID 126096062 6EXHIBIT A LEGAL DESCRIPTION Being all ofWillow Bend Apartments, an addition to the City ofPlano. Collin County, Texas, asrecorded in Volume E, Page 19ofthePlatRecordsofCollinCounty,Texas. Also beingdescribed as: BEING atract orparceloflandsituated in the Lawson Clark Survey, Abstract No.217, the J. T.Cotton Survey, Abstract No. 202 and the B.N. Craig Survey, Abstract No. 176, in the City ofPlano, Collin County, Texas and being allofWillow Bend Apartments, anaddition to the City ofPlano, Collin County, Texas as recordedinVolumeE. Page 19ofthePlatRecordsofCollinCounty,Texasandbeingmoreparticularly described as follows: BEGINNING at a 112 inch iron rod found for corner in the intersection ofthe West line ofPreston Road( Si!. No. 289)( a 130 footright-of-way) with theNorth line ofHighland Drive( an85 foot right-of-way); TIIENCENorth89degree54minutes28 secondsWestalongtheNorthlineofsaidhighland Drive fora distanceof240.00feettoa 112inch ironrodfound forapointofcurvatureofacircularcurvetotheright having acentral angle of04degrees 30minutes 43 seconds, aradius of1857. 50feet andatangent of 73. 18 feet; TIIENCE along said curve tothe right in aNorthwesterly direction and continuing along the North line of said HighlandDrive foranarc lengthof146.27 feettoa 112 inchironrod foundforapointofreverse curvature ofacircular curve tothe left having acentral angle of04degrees 30 minutes 23 seconds, a radius of 1942.50 feet and a tangent of76.43 feet; TIIENCEalongsaidcurvetotheletsinaNorthwesterlydirectionandcontinuingalongtheNorth lineof said highland Drive for anarc length of152. 78 feet to a la inch iron rod found for apoint oftangency; THENCE North 89degree 54 minutes 08 seconds West continuing along the North line ofhighland Drive foradistance of291.62 feettoa 112 inch ironrod found forapoint ofcurvature tothe right having acentral angle of 16 degrees 25 minutes 39 seconds, aradius of957.50 feet and atangent of138.21 feet; TIIENCE along saidcurvetothe right inaNorthwesterly direction foranarc length of274.53 7feet to a 112 inch iron rod found in acircular curie to the left whose center bears North 74 degrees 10 minutes 56 seconds West, having acentral angle ofIS degrees 44 minutes 06seconds, a radius of 1042,50feet andatangent of144.06 feet; THENCEalongsaidcurvetotheleft inaNortheasterlydirectionwiththeEast lineofsaidVentura Road for an arc length of286.30 feet to a 112 inch iron rod found for a point oftangency; THENCE North 0degrees 04minutes 5S seconds East, continuing along the East lineofVentura Road fora distance of 193. 73 feet toabrass capped monument found for acorner said point also being,the most Northwesterly corner ofsaid Willow Bend Apartments Addition; THENCESouth 89degrees44minutesOSsecondsEastalongtheNorth lineofsaidWillow BendApartments adistance of899.05 feet toa 1a2 inch iron rod found forcorner; THENCE South 0degrees 07minutes 06 seconds West adistance of51.23 feet toa I "2 inch iron rod found for corner, said corner being inacircular curve tothe left whose center bears North 10degrees 18minutes 55 secondsWest, havingacentralangleof46degrees55 minutes 13 seconds,aradiusoffeet,andatangentof 75.95 feet; TlIENCEalongsaidcurve totheleft inaNortheasterly direction foranarc lengthof143.31 feettoa 112 inch iron rod found forapoint ofreverse curvature ofacircular curve tothe right having acentral angle of38 degrees 11 minutes 28 seconds, aradius of125.00 feet, and a tangent of4327 feet; THENCEalongsaidcurvetotheright inaNortheasterlydirectionforanarelengthof83.32feettoa 112 inch ironrod found forcorner in theWest lineofsaid Preston Road,saidcorner also being themostNortheasterly corner ofsaid Willow Bend Apartments Addition; THENCESouth01 degrees41 minutes31 secondsWestalongtheWestlineofPreston Roadadistanceof 601.95 feettothePOINTOF BEGINNINGandcontaining 12.7841 acresor556,877 squarefeetofland, more orless. 8LEASEHOLD ESTATE I. Ground Leasedated March 21, 2025, executed by FeeOwner, as landlord, and Borrower, as tenant. 2. Regulatory Agreement and Declaration ofRestrictive Covenants dated March 21, 2025, executed by Fee Owner and Borrower. 9