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Foreclosure Notice*
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of FILED FOR RECORD
NOTICE OF FORECLOSURE SALE
: 26 JUL -1 PHL: 18
SQUNTY GLERK DENTON oO. TEX
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU AREVA NATURAL PERSON,
YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING
INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN
REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS:
YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER’S LICENSE NUMBER.
June 30, 2026
Property: 4814 Elite Drive
Sanger, Denton County, TX 76266
Deed of Trust: Deed of Trust (The term “Deed of Trust” herein shall mean the Deed of
Trust as so modified, renewed, and/or extended.)
Dated: December 11, 2023
Trustee: Adam A. Blythe |
Substitute Trustee:
Michael R. Rake
Address: P.O. Box 1556
Lake Dallas, TX 75065
Grantor: Elizeth Yanez
Mortgagee: Fiscal Assets, LLC-Series 257 (hereafter “Tender’’)
Recording Information: Instrument Number 2023-131614 of the real property
records of Denton County, Texas.
Property Address: 4814 Elite Drive
’ Sanger, Denton County, TX 76266
Legal Description: All that certain real property described as Lot 17, Block E, of
SANGER CIRCLE PHASE 6B, an addition to the City of Sanger, Denton
County, Texas according to the map or plat thereof recorded in/under County
Clerk’s file No. 2022-196 of the Map/Plat Records of Denton County, Texas.
Note Secured by Deed of Trust: Promissory Note (The term “Note” herein shall mean
the Note as so modified, renewed, and/or extended.)
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”
Date: December 11, 2023
Original Principal Amount: $328,000.00
Maker: Elizeth Yanez
Lender: Fiscal Assets, LLC-Series 257
Property: All real property and improvements as described in and mortgaged in the
Deed of Trust, including all rights and appurtenances thereto, with the exception of
any Released Property.
Sale Location: Southwest corner of the Denton County Courts Building, 1450 East
McKinney Street, Denton, Denton County, TX 76209.
Sale Date: August 4, 2026
Sale Time: The public auction of the Foreclosure Sale will take place between the hours
of 10:00 AM and 2:00 PM local time. The earliest time the sale will begin is 10:00 a.m. or within
three hours from that time.
Terms of the Sale: This public Foreclosure Sale will sell all property “AS IS” at a public
auction to the highest cash bidder, with the exception of the Lender, who will be allowed to bid
credit against the amount owed under the obligation secured by the lien in the Deed of Trust.
Due to the default in payment of the Note and in performance of the obligations under the
terms of the Deed of Trust, the Lender directed, by and through agents, the Substitute Trustee to
administer the trust provisions.
The above-described Deed of Trust encumbers real property. This document constitutes
formal notice by the Lender to foreclose and sell the property, as described in Lender’s right and
remedies under the Deed of Trust and in accordance with the terms of Section 9.604(a) of the
Texas Business and Commerce Code and the Deed of Trust.
Notice is hereby given that the Foreclosure Sale will commence at the Sale Location,
Sale Date, and Sale Time indicated above. At that time, the Substitute Trustee will direct the sale
of the property described in the Deed of Trust in the manner allowed by the Deed of Trust and
applicable Texas law.
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If there is any postponement or rescheduling of the Foreclosure Sale, additional notice
will be reposted and refiled in accordance with the terms of the Deed of Trust and applicable
Texas law.
Potential purchasers are reminded that this sale of property is made subject to the
exceptions to conveyance and warranties of the Deed of Trust, all prior liens and defects to title,
to the extent that they remain in force and effect and have not been subordinated to the Deed of
Trust, and any rights of recession as set forth in the Texas Property Code. Potential purchasers
should examine the property records describing the property within the Deed of Trust for further
assurances.
Pursuant to Section 51.009 of the Texas Property Code, this property will be sold “AS
IS” to the highest cash bidder. Please be aware that the sale of this property will not include any
possession warranties, title warranties, warranties of quiet enjoyment or other warranties, except
as expressly provided by the Deed of Trust. All potential purchasers should conduct
examinations of the property records for further assurances.
Pursuant to Section 51.0075(a) of the Texas Property Code, the Substitute Trustee will
establish conditions for the Foreclosure Sale as are deemed reasonable and in accordance with
the Texas Property Code. Any conditions beyond what are listed in this document will be
disclosed prior to the opening of bidding on the day of the Foreclosure Sale.
Assert and protect your rights as a member of the armed forces 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 active-duty military service to the sender of this notice immediately.
THIS DOCUMENT ASSIGNS MICHAEL R. RAKE AS THE SUBSTITUTE TRUSTEE
IDENTIFIED TO CARRY OUT THE SALE OF PROPERTY IDENTIFIED IN THE
SECURITY INSTRUMENT AS SET FORTH IN THIS NOTICE OF FORECLOSURE
SALE. THE SIGNER OF THIS DOCUMENT IS THE DULY AUTHORIZED AGENT OF
THE MORTGAGEE OR MORTGAGE SERVICER.
/S/ Michael R. Rake
Michael R. Rake, Substitute Trustee
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