Notice of Foreclosure Sale

Size: px

Start display at page:

Download "Notice of Foreclosure Sale"

Trevor Wood
7 years ago
Views:

1 ("Deed of Trust"): Notice of Foreclosure Sale December 8, 2015 Dated: Gran tor: Trustee: Lender: Recorded in: August 18, 2014 Swat Khan D/B/A Texas Mobile Home Parks, LLC Jim A. Robertson Konroe J. Stahl Volume 1960, Page 571 of the real property records of Cooke County, Texas Legal Description: [1] All of Block No. Fifteen (15) and all of Block No. Thirty (30) in the City of MUENSTER, Texas, as shown by the Plat of the City of Muenster in the Deed Records of Cooke County, Texas and being described by metes and bounds in Exhibit "A". [2] Any and all of tenants' deposits held by Texas Mobile Home Parks, LLC and any municipal, maintenance or utility deposits held by Texas Mobile Home Parks, LLC. Secures: Property: Substitute Trustee: Promissory Note ("Note") in the original principal amount of $225,000.00, executed by Swat Khan D/B/A Texas Mobile Home Parks, LLC ("Borrower") and payable to the order of Lender The real property, improvements, and personal property described in and mortgaged in the Deed of Trust, including the real property described in the attached Exhibit A, and all rights and appurtenances thereto James L. Moss Substitute Trustee's Address: 104 West Main Street, Gainesville, Texas, NOTICE OF FORECLOSU RE SALE PAGE I Z:\realest.15\Stahl, Konroe FIL ED FOR RECORD 15 OEC -9 AH 8: I S R LAWSON COUN COOKE CO. TX. av OE?UT'r

Thirty (30) in the City of MUENSTER, Texas, as shown by the Plat of the City of Muenster in the Deed Records of Cooke County, Texas and being described by metes and bounds in Exhibit "A".

2 Foreclosure Sale: Date: Time: Place: Terms of Sale: Tuesday, January 5, 2016 The sale of the 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 1 :00 p.m. East door of Cooke County Courthouse, Gainesville, Texas The Foreclosure Sale will be conducted as a public auction and the Property will be sold to the highest bidder for cash, except that Konroe J. Stahl's bid may be by credit against the indebtedness secured by the lien of the Deed of Trust. Default has occurred in the payment of the Note and in the performance of the obligations of the Deed of Trust. Because of that default, Konroe J. Stahl, the owner and holder of the Note, has requested Substitute Trustee to sell the Property. The Deed of Trust may encumber both real and personal property. Formal notice is hereby given of Konroe J. Stahl's election to proceed against and sell both the real property and any personal property described in the Deed of Trust in accordance with Konroe J. Stahl'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, Substitute Trustee will sell the Property in accordance with the Terms of Sale described above, the Deed of Trust, and applicable Texas law. If Konroe J. Stahl passes the Foreclosure Sale, notice of the date of any rescheduled foreclosure sale will be reposted and refiled in accordance with the posting and filing requirements of the Deed of Trust 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 of record affecting the Property, if any, to the extent that they remain in force and effect and have not been subordinated to the Deed of Trust. For the avoidance of doubt, 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 Konroe J. Stahl. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent of such matters, if any. Pursuant to section of the 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 of the nature and physical condition of the Property. NOTICE OF FOREC LOSURE SALE PAGE 2 Z:\realest.1 5\Stahl, Konroe

3 Pursuant to section 5 l.0075(a) of the 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 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 INSTRUMENT APPOINTS THE SUBSTITUTE TRUSTEE(S) DENTIFIED 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. L. Moss, Attorney at Law 21- West Main Street Gainesville, Texas Telephone (940) Telecopier (940) NOTICE OF FORECLOSURE SALE... PAGE 3 Z:\realest.1 5\Stahl, Konroe

Assert and protect your rights as a member of the armed forces of the United States.

4 Blocks 15 & 30, City of Muenster, Texas EXHIBIT "A" The following field notes describe two tracts of land being all of Blocks 15 and 30 of the Original City of Muenster, Texas as shown on the original plat of record in Cabinet B, Slide 19, Plat Records, Cooke County, Texas. Said tracts are the same as those described in the Quit Claim Deed from Sylvan Walterscheid and wife Theresa Mae Walterscheid to Sylvan's, Inc of record in Volume 517, Page 808 Official Public Records, Cooke County, Texas and also in the Warranty Deed from Al Havercamp and wife Mary Havercamp to Sylvan Walterscheid and Theresa Mae Walterscheid ofrecord in Volume 512, Page 429, Official Public Records, Cooke County, Texas. Block 15: BEGINNING at a set iron rod at the northeast comer of Block 15 of the Original City of Muenster at the right-of-way intersection of Mesquite Street and Fifth Street; THENCE South 00 14'55" East with the west right-of-way of Mesquite Street a distance of feet to a set iron rod for the southeast comer of Block 15 and at the right-pf way intersection of Mesquite Street and Fourth Street; THENCE South 89 23'27" West with the north right-of-way of Fourth Street a distance of feet to a set iron rod for the southwest corner of Block 15 and the right-of-way intersection of Fourth Street and an alley; THENCE North 00 14'55" West with the east right-of-way of the alley a distance of feet to a set iron rod for the northwest comer of Block 15 and the right-of-way intersection of the alley and Fifth Street; THENCE North 89 23'27" East with the south right-of-way of Fifth Street a distance of feet to the place of beginning. Block 30: BEGINNING at a set iron rod at the northeast corner of Block 30 of the Original City of Muenster at the right-of-way intersection of Mesquite Street and Fourth Street; THENCE South 00 14'55" East with the west right-of-way of Mesquite Street a distance of feet to a set iron rod for the southeast comer of Block 30 and at the right-ofway intersection of Mesquite Street and Third Street; THENCE South 89 23'27" West with the north right-of-way of Third Street a distance of feet to a set iron rod for the southwest comer of Block 30 and the right-of-way intersection of Third Street and an alley; THENCE North 00 14'55" West with the east right-of-way of the alley a distance of

Said tracts are the same as those described in the Quit Claim Deed from Sylvan Walterscheid and wife Theresa Mae Walterscheid to Sylvan's, Inc of record in Volume 517, Page 808 Official Public

5 feet to a set iron rod for the northwest corner of Block 30 and the right-of-way intersection of the alley and Fourth Street; THENCE North 89 23'27" East with the south right-of-way of Fourth Street a distance of feet to the place of beginning.

13105 NORTHWEST FREEWAY SUITE 1200 HOUSTON, TX 77040 TEL 713-462-2565 FAX 847-879-4823

16-023369 SHAPIRO SCHWARTZ LLP 13105 NORTHWEST FREEWAY SUITE 1200 HOUSTON, TX 77040 TEL 713-462-2565 FAX 847-879-4823 February 18, 2016 Tanya M. Navarro a/k/a Tanya M. Gonzales 8823 Fenwood Street San