Foreclosure Notice - 555 REPUBLIC DR, PLANO, 75074 - 03/04/2025
The properties may be occupied; do not disturb the occupants.
Address
Auction Date
Foreclosure
Appraised
Year Built
Lien
Sq. Ft.
Prop Type
Address
Foreclosure
Year Built
Prop Type
555 REPUBLIC DR
03/04/2025
mortgage
$510
0
$8,400,000
0
Residential P()
555 REPUBLIC DR
mortgage
0
Residential P()
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  UNKNOWN
Mortgage Foreclosure
Legal Description
BPP AT 555 REPUBLIC DR
Links
Additional info
Appraised Value:  $510
Year Built:  0
Lien Amount:   $8,400,000
Improvement Area:  0 sq.ft.
Images
image: 0 / 1
prev
next
Foreclosure Notice*
FILED 2025 FEB -7 AMIO: 38 NOTICE OF SUBSTITUTE TRUSTEE’S SALE STALEY XE} (GSMS 2016-GS4 / MAS Marvel) cone eaeNs ae ‘ 7 ’ AWD February 7, 2025 (the “Effective Date”) ov. Wb __DFPUTY Notice is hereby given that a Foreclosure! of the Property (defined below) will be held at the date, time and place specified in this notice. DATE OF SALE: Tuesday, March 4, 2025 (the first 1‘' Tuesday of that month). TIME OF SALE: The earliest time at which the Foreclosure will occur is 10:00 AM (Collin County, Texas time). The Foreclosure shall begin at that time or not later than three (3) hours thereafter. PLACE OF SALE: The Foreclosure will take place at the location designated! bythe Commissioner’s Court of Collin County, Texas as the location where nonjudicial foreclosure sales are tojtake place. If no such location has been designated, the Foreclosure will take place at the location where nonjudicial foreclosure sales in Collin County, Texas are typically conducted. INDEBTEDNESS PROMPTING SALE: The Loan.’ DEED OF TRUST CREATING LIEN THAT IS PHE SUBJECT OF SALE* The Deed of Trust.’ ASSUMPTIONS: Borrower assumed Original Borrower’s* obligations under the Loan Documents pursuant to the Assumption Agreement.° PROPERTY BEING SOLD: The Property®, which has &street address of 555 Republic Drive Plano, Texas 75074, in Collin County, Texas. ' “Foreclosure” means a public nonjudicial foreclosure sale, at auction. 2 “Loan” means the debt evidenged by the Note (defined below). “Note” means thaficertain Promissory Note, dated October 24, 2016, executed by Original Borrower (defined below), payable to the order of Original Noteholder (defined below); as payee, in the original principal amount of $8,400,000.00. “Original Borrower” means 555 Republic LLC, a Texas limited liability company. “Original Noteholder” means\Goldman Sachs Mortgage Company, a New York limited partnership. 3 “Deed of Trust” means that certain Deed of Trust, Assignment of Rents and Leases, Collateral Assignment of Property Agreements, Security Agreement and Fixture Filing, dated effective October 24, 2016, executed and delivered by Original Borrower, as grantor, to Nicholas M. Pyka, as trustee for the benefit of Original Noteholder, as beneficiary, recorded as Instrument No. 20161025001447420 in the Real Property Records in Collin County, Texas, covering, among other things, the Property. + “Original Borrower” means 555 Republic LLC, a Texas limited liability company. 5 “Assumption Agreement” means that certain Consent and Assumption Agreement, dated March 31, 2020, entered into by and among, Noteholder, Original Borrower, as assignor, and Borrower (defined below), as assignee, recorded as Instrument No. 20200402000473750 in the Real Property Records in Collin County, Texas. “Borrower” means MAS Marvel LLC, a Texas limited liability company. 6 “Property” means that certain real property, personal property, and general intangibles described in the Deed of Trust, the real property of which is located at the street address 555 Republic Drive, Plano, Texas 75074, in Collin County, Texas, and more particularly described on Exhibit “A”, attached hereto and incorporated herein by reference. 1 Securitization: GSMS 2016-GS4 Midland Loan No.: 030504060 Borrower: MAS Marvel LLC Property: 555 Republic Drive, Plano, Texas 75074 (MAS Marvel) #516141310_v1 516952.00646 NOTICE OF SUBSTITUTE TRUSTEE’S SALE ASSIGNMENTS/TRANSFERS; NOTEHOLDER: Pursuant to certain endorsements, assignments, and/or transfers of the Loan Documents,’ Noteholder* is the current owner of the Loan Documents. However, consistent with the laws of the State of Texas and the terms and provisions contained within the Loan Documents, Noteholder reserves the right to endorse, assign and/or transfer the Loan Documents to a third-party at any time after this Notice of Substitute Trustee’s Sale has been posted in Collin County, Texas (including just prior to the nonjudicial foreclosure sale). You may contact Karley Pinder with Noteholder (at the telephone number provided below) to determine whether Noteholder has endorsed, assigned and/or transferred the Loan Documents to a third-party and, if they have, to obtain the name, address, and other contact information of the successor noteholder. TEXAS PROPERTY CODE § 51.0025 NOTICE: Noteholder is currently acting by and through the Special Servicer, and may be contacted at c/o the Special Servicer, 10851 Mastin Suite 300, Overland Park, Kansas 66210, Attention: Karley Pinder, (913) 253-9389 (telephone). ACTIVE MILITARY DUTY NOTICE: To 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 aetive military(duty, ineluding 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. SUBSTITUTE TRUSTEES: Pursuant to the Appoiritment,’ the Substitute Trustees'® were each appointed a substitute trustee under the Deed of Trust. Any one (1) ofthe Substitute Trustees (including the Substitute Trustee that signed this Notice of Substitute Trustee*s Sale) may conduet the nonjudicial foreclosure sale. The Loan is in default. As required bythe terms,and provisions contained within the applicable Loan Documents, all required notices have been)provided and all applicable cure periods have expired. Accordingly, the maturity date of the Note has been aeceleratedand, therefore, all of the (i) unpaid principal 7 “Loan Documents” means, collectively, the Loan Agreement (defined below), the Note, the Deed of Trust, the Assumption Agreement, and any and all other documents executed in connection therewith and/or relating in any way thereto. “Loan Agreement” means that certain.Loan Agreement, dated October 24, 2016, entered into by and between Borrower and Original Noteholder. 8 “Noteholder” means Wilmington Trust, National Association, as Trustee, for the Benefit of the Registered Holders of GS Mortgage Securities Corporation I, Commercial Mortgage Pass-Through Certificates, Series 2016-GS4, acting by and through the Special Servicer (defined below). “Special Servicer” means Midland Loam Services, a division of PNC Bank, National Association, not individually but solely in its authorized, capacity as special servicer pursuant to that certain Pooling and Servicing Agreement, dated November 1, 2016. ° “Appointment” means that certain Appointment of Substitute Trustees and Request to Act, dated December 12, 2024, recorded as Instrument No. 2024-2024000154826 in the Real Property Records in Collin County, Texas. '0 “Substitute Trustees” means each of the following: Alex Dimock, Esq. of Dallas County, Texas, Holland & Knight LLP, 1722 Routh Street, Suite 1500, Dallas, Texas 75201, (214) 969-1155 (telephone), Alex.Dimock@hklaw.com (email). Sam Murphy, Esq. of Dallas County, Texas, Holland & Knight LLP, 1722 Routh Street, Suite 1500, Dallas, Texas 75201, (214) 969-2523 (telephone), Sam.Murphy@hklaw.com (email). Katrisha Harris, Esq. of Dallas County, Texas, Holland & Knight LLP, 1722 Routh Street, Suite 1500, Dallas, Texas 75201, (214) 969-1518 (telephone), Katrisha.Harris@hklaw.com (email). Jacob Franzen of Dallas County, Texas, Holland & Knight LLP, 1722 Routh Street Suite 1500, Dallas, Texas 75201 (214) 627- 1745 (telephone), Jacob. franzen@hklaw.com (email). 2 Securitization: GSMS 2016-GS4 Midland Loan No.: 030504060 Borrower: MAS Marvel LLC Property: 555 Republic Drive, Plano, Texas 75074 (MAS Marvel) #516141310_v1 516952.00646 NOTICE OF SUBSTITUTE TRUSTEE’S SALE due under the Note, (ii) accrued interest due under the Note, and (iii) other amounts provided for in the Loan Documents are now due and payable in full. Noteholder has requested that any one (1) of the Substitute Trustees, each of whom is a substitute trustee under the Deed of Trust, sell the Property for cash, the proceeds of such nonjudicial foreclosure sale to be applied in accordance with the terms and provisions of the Loan Documents and applicable law. Noteholder has further requested that any one(1) of the Substitute Trustees sell all of the components of the Property that are personal property (including general intangibles) and/or fixtures at the same time and place as the Foreclosure of the real property. Accordingly, pursuant to and in accordance with the terms of Section 9.604 of the Texas Business and Commerce Code, the Foreclosure of the personal property, general intangibles, and fixtures will be held at the same time and place a Foreclosure of the real property. Therefore, at the date, time, and place set forth above, one (1) of the Substitute the Property to the highest bidder for cash pursuant to the terms of the Loan Doi d ap ® [signature age <> 3 Securitization: GSMS 2016-GS4 Midland Loan No.: 030504060 Borrower: MAS Marvel LLC Property: 555 Republic Drive, Plano, Texas 75074 (MAS Marvel) #516141310_v1 516952.00646 NOTICE OF SUBSTITUTE TRUSTEE’S SALE IN WITNESS WHEREOF, this Notice of Substitute Trustee’s Sale has been executed to be enforceable on the Effective Date. By: iz t 1 Jo>— Name: Katrisha Harris Title: Substitute Trustee STATE OF TEXAS § 8 COUNTY OF DALLAS § ¢ This instrument was acknowledged before me on Feb substitute trustee, in the capacity herein stated. trisha Harris, as [SEAL] fe CHERYL McELROY +4 Notary Public, State of Texas & Notary ID 775242-5 3 <GY My Commission Exp. 07-10-2025 , State of Texas Securitization: GSMS 2016-GS4 Midland Loan No.: 030504060 Borrower: MAS Marvel LLC Property: 555 Republic Drive, Plano, Texas 75074 (MAS Marvel) NOTICE OF SUBSTITUTE TRUSTEE’S SALE EXHIBIT “A” to Notice of Substitute Trustee’s Sale Legal Description Being Lot 1, in Block 1, of MISSION PROPERTY ADDITION, an Addition to ity of Plano, Collin County, Texas, according to the Map thereof recorded in Volume E, 19, of the Map Records of Collin County, Texas. CAD Account Number R173000100101; Geo Id: 000001747621 Address Reference: 555 Republic Drive, Plano, TX \ GV EXHIBIT “A” Securitization: GSMS 2016-GS4 Midland Loan No.: 030504060 Borrower: MAS Marvel LLC Property: 555 Republic Drive Plano, Texas 75074 (MAS Marvel) #516141310_vl 516952.00646 NOTICE OF SUBSTITUTE TRUSTEE’S SALE
Property information is aggregated from multiple public and third-party sources and may occasionally contain reporting, mapping, or data processing inaccuracies. If you notice an error or missing information, please contact support@64cents.com and we will review and correct verified issues as quickly as possible.

Browse More Foreclosures Near This Property