Foreclosure Notice - 786 Gastonia Ln, Plano, 75023 - 07/07/2026
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
786 Gastonia Ln
07/07/2026
mortgage
$371,869
1988
$240,000
1,754
Residential R (A1)
786 Gastonia Ln
mortgage
1988
Residential R (A1)
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  ACTIVE
Mortgage Foreclosure
Legal Description
RUISSEAU PLACE PHASE I (CPL), BLK A, LOT 38
Links
Additional info
Appraised Value:  $371,869
Year Built:  1988
Lien Amount:   $240,000
Improvement Area:  1,754 sq.ft.
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Foreclosure Notice*
NOTICE OF SUBSTITUTE TRUSTEE' S 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. DATE, TIME, PLACE OF SALE: Date: Tuesday, the 7th day ofJuly 2026 Time: 10:00A.M. or not laterthan three hours afterthat time Place: THE FRONT STEPS OF THE COLLIN COUNTY COURTHOUSE LOCATED AT 2100 BLOOMDALE ROAD, MCKINNEY, TX 75071; OR AS DESIGNATED BY THE COUNTY COMMISSIONER'S OFFICE TERMS OF SALE: CERTIFIED FUNDS FOR FULL PURCHASE PRICE MUST BE PRESENTED AT THE TIME OF SALE DEED OF TRUST INFORMATION- INSTURMENT TO BE FORECLOSED: Date: July, 28, 2022 Grantor( s): Goldenrod, LLC Original Mortgagee: Lifestyle Business Funding, LLC Original Principal: 240,000. 00 Recording Information: Deed Inst.#2022000118531 Current Mortgagee/Beneficiary: U.S. Bank TrustCompany, National Association, asTrustee forVelocity Commercial Capital Loan Trust 2022- 5 Secures: The Term Note( the" Note") in the original principal amount of$240,000.00 and all obligations contained therein. All sums secured by the DeedofTrust, Security Agreement and Assignment ofLeases and Rents have been and are hereby declared immediately due and payable as aresult ofdefault under theNote and/orDeed ofTrust. MODIFICATIONS AND RENEWALS: As used herein, the terms" Note" and" Deed ofTrust" mean the Note and Deed ofTrust as modified, renewed, and/or extended. PROPERTY TO BE SOLD: Property County: Collin Property Description: See Attached Exhibit" A") Property Address: 786 Gastonia Lane, Plano, TX, 75023-7036 Condition and Important Recitals: Should a conflict occur between the property address and the legal description contained in Exhibit A" the legal description shall control. The property will be sold" AS IS" without any representations, warranties, or recourse, and subject to any liens or interests that may survive the sale. Any purchaser who purchases the property does so at his/her/its own risk and is strongly encouraged engage insignificant due diligence priortosale. MORTGAGE SERVICING INFORMATION: The Mortgage Servicer represents the Current Mortgagee pursuant to a mortgage servicing agreement with the Mortgagee. Pursuant to Texas Property Code§ 51. 0025, as well as the mortgage servicing agreement, the Mortgage Servicer is authorized to collect the debt and to institute foreclosure of the deed of trust referenced above. The Mortgage Servicer information is below: Mortgage Servicer: Velocity Commercial Capital, LLC Mortgage Servicer Address: 2945 Towngate Road, Suite# 110 Westlake Village, CA 91361 SUBSTITUTE TRUSTEE( S): McCalla Raymer Leibert Pierce, LLP, Payton Hreha, Francesca Ortolani, Shelley Ortolani, Mary Mancuso, Liz Hach, Michele Hreha orCarol Dunmon, any to act, as Substitute Trustee. SUBSTITUTE TRUSTEE ADDRESS: 1320 Greenway Drive, Suite 780 Irving, TX 75038 File No.: 24-01188TXTHIS INSTRUMENT APPOINTS THE SUBSTITUTE TRUSTEE( S) IDENTIFIED TO SELL THE PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT IDENTIFIED IN THIS NOTICE OF SALE. THE PERSON SIGNING THIS NOTICE IS THE ATTORNEY OR AUTHORIZED AGENT OF THE MORTGAGEE OR MORTGAGE SERVICER. s/ Steven Price Nixon Steven Price Nixon— TX Bar#: 24151695 Attorney for U.S. Bank Trust Company, National Association, as Trustee for Velocity Commercial Capital Loan Trust 2022- 5 steven.nixon@mccalla. com 1320 Greenway Drive, Suite 780 Irving, TX 75038 662) 478-3200 Office 662) 478-3200 Fax DOCUMENT PREPARED BY: McCalla Raymer Leibert Pierce, LLP 1320 Greenway Drive, Suite 780 Irving, TX 75038 AS ATTORNEY FOR THE HEREIN IDENTIFIED MORTGAGEE AND/ OR MORTGAGE SERVICER Certificate of Posting I am whose address is I declare under penalty perjury that I filed and/ or recorded this Notice of Foreclosure Sale at the office ofthe Collin County Clerk and caused itto beposted at the location directed by the Collin County Commissioners. Return to: McCalla Raymer Leibert Pierce, LLP, 1320 Greenway Drive, Suite 780 Irving, TX 75038 03 17-1 a Xx Vf File No.: 24-01188TXEXHIBIT" A" LOT 38, BLOCK A, OF RUISSEAU PLACE PHASE I, AN ADDITION TO THE CITY OF PLANO, COLLIN COUNTY, TEXAS, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME G, PAGE 363, MAP RECORDS, COLLIN COUNTY,TEXAS. File No.: 24-01188TX
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