Foreclosure Notice - N Coleman St, Prosper, 75078 - 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
N Coleman St
07/07/2026
mortgage
$369,494
0
$2,150,000
0
Residential R (C3)
N Coleman St
mortgage
0
Residential R (C3)
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Details
Status:  ACTIVE
Mortgage Foreclosure
Legal Description
ABS A0147 COLLIN COUNTY SCHOOL LAND #12 SURVEY, SHEET 2, TRACT 64, 4.8471 ACRES
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Additional info
Appraised Value:  $369,494
Year Built:  0
Lien Amount:   $2,150,000
Improvement Area:  0 sq.ft.
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Foreclosure Notice*
2n26 J_1'` 12 AN 8: 17 STALE \ ENIP COUIy U ;L. NOTICE OF TRUSTEE' S SALE TEXAS By:_._ JTJNE 10, 2026 DEED OF TRUST, SECURITY AGREEMENT, FIXTURE FILING, AND ASSIGNMENT OF LEASES AND RENTS(" Deed ofTrust'): Dated: MAY 28, 2025 Grantor: AMR PROSPER PREMIUM STORAGE, LLC, a Texas limited liability company Borrower: AMR PROSPER PREMIUM STORAGE, LLC, a Texas limited liability company Trustee: TOLESOAZ CORP. d/b/a TOTAL LENDER SOLUTIONS Lender: YIELDI, LLC, a Georgia limitedliabilitycompany Recorded in: COUNTY CLERK FILE NUMBER 2025000067310 of the real property records ofCOLLIN COUNTY, TEXAS. Legal Description: SEE EXHIBIT " A" ATTACHED HERETO AND MADE A PART HEREOF; more commonlyknownas 701 N. ColemanSt., Prosper, Texas 75078 Secures: Promissory Note (" Note") in the original principal amount of 2,150,000.00, executed by Borrower and payable to Lender and all other indebtedness ofBorrower to Lender Guaranty: The Note and all other indebtedness ofBorrower to Lender is guaranteed by a Guaranty Agreement dated May 28, 2025, and executed by Gordon Rush Graves, Jr. (" Guarantor") in favor ofLender FORECLOSURE SALE: Date: Tuesday, July 7, 2026 Time: The sale ofthe Property will be held between the hours of 10:00 A.M. and 4:00 P.M. local time; the earliest time at which the Foreclosure Sale will begin is 11: 00 AM and not later than three hours thereafter. Place: At the place designated by the Collin County Commissioners Court for foreclosure sales located atthe frontsteps ofthe Collin County Courthouse located at 2100 Bloomdale Road, McKinney, Texas 75071. 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 Yieldi, LLC, a Georgia limited liability company's bid may be by credit against the indebtedness secured by the lien ofthe Deed ofTrust.Default has occurred in the payment ofthe Note and in the performance ofthe obligations ofthe Deed ofTrust. Because ofthat default, Yieldi, LLC, a Georgia limited liability company, the owner and holder ofthe Note, has requested Trustee to sell the Property. The Deed ofTrust may encumber both real and personal property. Formal notice is hereby given ofYieldi, LLC, a Georgia limited liability company' s election to proceed against and sell both the real property and any personal property described in the Deed of Trust in accordance with Yieldi, LLC, a Georgia limited liability company' s rights and remedies under the Deed of Trust and section 9.604(a) of the Texas Business and Commerce Code. Therefore, notice is given that on and at the Date, Time, and Place for the Foreclosure Sale described above, Trustee will sell the Property inaccordance with the Terms ofSale described above, the Deed ofTrust, and applicable Texas law. IfYieldi, LLC, a Georgia limitedliability company passes the Foreclosure Sale, notice ofthe date ofany 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 be made subject to all prior 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 ofdoubt, the Foreclosure Sale will not cover any part of the Property that has been released of public record from the lien and/or security interest of the Deed of Trust by Yieldi, LLC, a Georgia limited liability company. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent of such 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. Prospective bidders are advised to conduct an independent investigation ofthe nature and physical condition ofthe Property. Pursuantto section 51.0075(a) ofthe Texas Property Code, Trustee reservesthe rightto setfurther reasonable conditions for conducting the Foreclosure Sale. Any such further conditions shall beannounced before bidding is opened for the first sale ofthe day held by Trustee. Assert and protect your rights as a member ofthe armed forces ofthe United States. Ifyou 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 ofthis notice immediately. THIS INSTRUMENT APPOINTS THE SUBSTITUTE TRUSTEE(S) IDENTIFIED TO SELL THE PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT IDENTIFIED INTHIS NOTICE OF SALE. THE PERSON SIGNING THIS NOTICE IS THE ATTORNEY OR AUTHORIZED AGENT OF THE LENDER.CHA MANSOUR Attorneyfor Yieldi, LLC 440 LOUISIANA, STE. 1100 HOUSTON, TEXAS 77002 Telephone( 713) 227-7500 charlesdel' . com C H. MANSOUR Substitute Trustee 440 LOUISIANA, STE. 1100 HOUSTON, TEXAS 77002 Telephone ( 713) 227-7500 charlesdelity77. comEXHIBIT " A" LEGAL PROPERTY DESCRIPTION BEING a 10.759 acre tract ofland out ofthe Collin County School Land Survey, Abstract Number 147, situated in the Town ofProsper, Collin County, Texas, being a portion ofa called 11. 29 acre tract of land conveyed to AMR Prosper Premium Storage LLC, by deed of record in Document Number 20220331000523630 ofthe Official Public Records ofCollin County, Texas and being more particularly described by metes and bounds as follows: COMMENCING, at a PK Nail found in the West right-of-way line of Coleman Street ( right-of- way varies), being the Northeast corner of a called 9.2956 acre tract ofland conveyed to James E. Rowland by deed ofrecord in Volume 3402, Page 451 ofsaid Official Public Records, also being the Southeast corner ofsaid 11.29 acre tract; THENCE, S89° 57'38" W, leaving the West right-of-way line of Coleman Street, along the North line ofsaid 9.2956 acre tract, being the common South line ofsaid 11. 296 acre tract, a distance of 40.24 feet to a 1/ 2 inch iron rod with green plastic cap stamped " EAGLE SURVEYING" set for the POINT OF BEGINNING and Southeast corner hereof; THENCE, S89° 57'38" W, continuing along the South line of said 11. 296 acre tract, being in part, the common North line of said 9.2956 acre tract and in part, the common North line of a called 4.00 acre tract ofland conveyed to Dairy Manufacturers, Inc. by deed ofrecord in Volume 3510, Page 179 of said Official Public Records, a distance of 1028.72 feet to a 3/ 8 inch iron rod found inthe Eastright-of-way line oftheBurlington Northern SantaFeRailroad( 100-footright-of-way), being the Northwest corner of said 4.00 acre tract, also being the Southwest corner of said 11. 29 acre tract and hereof; THENCE, N11°24'21" E, along the East right-of-way line of said Burlington Northern Santa Fe Railroad and the common West line ofsaid 11. 29 acre tract, a distance of369.85 feet to a 1/ 2 inch iron rod found at the Southwest corner of Lot 3, Block A of Eagles Crossing Addition, a subdivision of record in Volume 2011, Page 245 of the Plat Records of Collin County, Texas, being the Northwest corner ofsaid 11. 29 acre tract and hereof; THENCE, N89° 54'48" E, leaving the East right-of-way line ofsaid Burlington Northern Santa Fe Railroad, along the North line of said 11.29 acre tract, being in part, the common South line of said Lot 3 and in part, the common South line of Lot 2 of said Block A, a distance of 891. 93 feet to a 1/ 2 inch iron rod with red plastic cap stamped " GSES RPLS 4817" found at the Southeast corner of said Lot 2, for the Northeast corner hereof, from which a PK Nail found in Coleman Street, being the Northeast corner of said 11. 29 acre tract bears N89°54'48" E, a distance of 45.88 feet; THENCE, S00° 16'52"W,leaving the South line ofsaid Lot 2, over and across said 11.29 acre tract, a distance of500.57 feet to the POINT OF BEGINNING, and containing an area of 10.759 acres 468,659 square feet) ofland, more or less.
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