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Foreclosure Notice*
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Notice ofForeclosure Sale 2026 AUG I I 4 10: 52
STACEY KEMP
August 7, 2026 COUNTY CLERK
COLL •
COUNTY.TEXAS
Deed ofTrust, Security Agreement- Financing Statement(" Deed ofTrust') Ely; , ,,
DEPUTY
VP
Dated: February 25, 2022
Grantor: WASHGUYS 12, LLC
Trustee: Marcus Morris
Lender: First Financial Bank, a Texas state banking association, successor-
in-interest to First Financial Bank, N.A.
Recorded in: Official Public Records of Collin County, Texas under Instrument
No. 20220301000330970 as corrected by Correction Deed of Trust
executed by Washguys 12, LLC dated February 25, 2022, and
recorded in the Official Public Records, Collin County, Texas as
Instrument No. 2022000166172
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 terms Notes and Deed ofTrust
include all extensions, modifications and amendments thereof.
Property ( the" Property"): The real property, improvements and other property interests and
rights described inand mortgaged intheDeed 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, SanthoshN.
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 12, LLC( Collin County)
Page 1 of4Time The sale ofthe Property will beheld between thehours of10:00a.m.
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.
Place: The front steps of the Collin County Courthouse located at 2100
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.
Terms ofSale: The Foreclosure Sale will be conducted as a public auction and the
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 inthe payment oftheNotes 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 is hereby
given of Lender' s election to proceed against and sell both the real property and any personal
propertydescribedinthe DeedofTrustinaccordancewithLender'srights andremediesunderthe
Deed ofTrust and section 9.604(a) ofthe Texas Business and Commerce Code.
Therefore,notice is giventhaton and attheDate,Time,andPlace fortheForeclosure 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.
If Lender passes the Foreclosure Sale, notice ofthe date of any rescheduled foreclosure
sale will be reposted and refiled in accordance with the posting and filing requirements ofthe Deed
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, tothe extent
thatthey remain in force and effect andhave not been subordinated to the Deed ofTrust. Forthe
avoidance ofdoubt, 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 strongly urgedto 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 ofTrust, 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 12, 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 protectyour 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
member ofareserve component ofthe armed forces ofthe United States, please send written
notice ofthe active duty military service to the sender ofthis notice immediately.
Substitute Trustee::
Any o ar Zachary, ssica Haile,
Rache: RickelandLauren oursey
Notice ofForeclosure Sale— Washguys 12, LLC( Collin County)
Page 3 of4Exhibit" A"
Tract 1:
Lot 1, Block 1 ofAUTOSPLASH CAR CARECENTER ADDITION, an Addition to the City of
Frisco, Collin County, Texas, according to the map or plat thereof recorded in Volume R, Page
188, Map Records, CollinCounty,Texas.
Tract 2:
Non-Exclusive Easement Estate created in Easement Agreement between Regency Centers, L.P.,
a Delaware limited partnership and ACCC Investments, L.P., a Texas limited partnership, dated
May 13, 2005, filed on June 15, 2005 and recorded in Volume 5940, Page 1305, Real Property
Records, Collin County, Texas.
Notice ofForeclosure Sale— Washguys 12, LLC( Collin County)
Page 4 of4