Images
image: 0 / 1
Foreclosure Notice*
Notice ofForeclosure Sale 2112% AUG 1 1 A 10: 53
STACEY KEMP
August 7, 2026 COUNTY CLERK . :
L. COLLI COUNTY TEXAS
Deed ofTrust, Security Agreement- Financing Statement(" Deed ofTrust") By: DEPUTY
r, ,,
Dated: February 23, 2022
Grantor: WASHGUYS 4,LLC
Trustee: Marcus Morris
Lender: First Financial Bank, a Texas state banking association, successor-
in-interestto First Financial Bank,N.A.
Recorded in: Official Public Records of Collin County, Texas under Instrument
No. 20220225000310040
Secures: Promissory Notes (" Notes") in the original principal amount of
18,000,000.00 and $ 11, 100,000.00, executed by Grantor and
payable to the order of Lender and all other indebtedness,
obligations and liabilities ofBorrower to Lender as described inthe
Deed ofTrust. As used herein, the termsNotes and Deed ofTrust
include all extensions, modifications andamendments thereof.
Property( the" Property"): The real property, improvements and other property interests and
rights described in and mortgaged in the Deed ofTrust( collectively
defined therein as the " Property"), including without limitation the
real property described in the attached Exhibit " A", and all rights
and appurtenances thereto
Guaranty: The Notes and all other indebtedness of Borrower to Lender are
guaranteed by guaranties executed by John C. Pappas, Santhosh N.
Kumar and SK Ganesh Group LLC in favor ofLender.
Substitute Trustee: Any ofMark S. Zachary, Jessica Haile, Rachel Rickel and Lauren
Coursey
Street and Mailing Address
for Substitute Trustees: 400 Pine Street, Suite 800, Abilene, Texas 79601
Foreclosure Sale:
Date: September 1, 2026
Notice ofForeclosure Sale— Washguys 4, LLC( Collin County)
Page 1 of 4ThesaleofthePropertywillbeheldbetweenthehours of10:00a.m.
Time
and 4:00 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 front steps of the Collin County Courthouse located at 2100
Place:
Bloomdale Road, McKinney, Texas 75071, Collin County, Texas;
or in such other area as designated by the Commissioner' s Court of
Collin County, Texas pursuant to Section 51. 002 of the Texas
Property Code.
The Foreclosure Sale will be conducted as apublic auction and the
Terms of Sale:
Property will be sold to the highest bidder for cash, except that
Lender' s bid may be by credit against the indebtedness secured by
the lien ofthe Deed ofTrust.
Default has occurred in the payment ofthe Notes and inthe performance ofthe obligations
of the Deed of Trust. Because of that default, Lender, the owner and holder of the Notes, has
requested Substitute Trustee to sell the Property.
The Deed ofTrust may encumber both real and personal property. Formal notice ishereby
given of Lender' s election to proceed against and sell both the real property and any personal
property described inthe Deed ofTrust in accordance with Lender' srights and remedies under the
Deed ofTrust and section 9.604(a) ofthe Texas Business and Commerce Code.
Therefore, notice is given that on and at the Date, Time, andPlace for the Foreclosure Sale
described above, Substitute Trustee will sell the Property in accordance with the Terms of Sale
described above, the Deed ofTrust, and applicable Texas law.
IfLender passes the Foreclosure Sale, notice ofthe date ofany rescheduled foreclosure
salewillberepostedandrefiled inaccordance withthe postingandfiling requirements oftheDeed
ofTrust 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 bemade subject to allprior matters ofrecord affecting the Property, ifany, to the extent
that they remain in force and effect and have not been subordinated to the Deed ofTrust. For the
avoidance of doubt, the Foreclosure Sale will not cover any part ofthe Property that has been
released ofpublic record from the lien and/or security interest ofthe Deed of Trust by Lender.
Prospective bidders are stronglyurgedto examine the applicable property recordsto 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, and at purchaser' s own risk. Prospective bidders are advised to
conduct an independent investigation ofthe nature and physical condition ofthe Property.
Notice ofForeclosure Sale— Washguys 4, LLC( Collin County)
Page 2 of4Pursuant 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.
Assert and protect your rights as a member ofthe armed forces ofthe United States.
Ifyou are oryour 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
memberofareservecomponentofthearmed forces oftheUnited States,pleasesendwritten
notice ofthe active duty military service to the sender ofthis notice immediately.
Substitute Trustee:
Any otMar S. Zachary, Jessica Haile, Rachel
Rickei andLauren.Gourley
Notice ofForeclosure Sale_ Washguys 4, LLC( Collin County)
Page 3 of4Exhibit" A"
Being all ofLot 6RofFrisco Corners, an addition tothe City ofFrisco, according to the Plat thereof
recorded inVolume2011, Page308,MapRecords,CollinCounty,Texas.
Notice ofForeclosure Sale— Washguys 4, LLC( Collin County)
Page 4 of 4