8738 LAKE SHORE DR

VAL SHORELINE BLOCK 7 LOT 51

24-038422 FILED FOR RECORD KAUFMAN CO. TEXAS 2020 JUL 24 AM 8:15 LAURA A. HUGHES cou RK BY: AEST NOTICE OF DEFAULT AND FORECLOSURE SALE WHEREAS, on October 26, 2012, a certain Deed of Trust was executed by Wanda Conn, as Trustor in favor of Mortgage Electronic Registration Systems, Inc., as nominee for Southwest Funding, LP, as Beneficiary, and was recorded on September 04, 2013, in Instrument Number 2013-0016591 in the Office of the Recorder, Kaufman County, Texas; and WHEREAS the Mortgage was insured by the United States Secretary of Housing and Urban Development (the “Secretary”) pursuant to the National Housing Act for the purpose of providing single family housing; and WHEREAS, the Mortgage is now owned by the Secretary, pursuant to an assignment dated October 26, 2018, and recorded on October 29, 2018, as Instrument number 2018-0026988 in the Office of the Recorder, Kaufman County, Texas; and WHEREAS a default has been made in the covenants and conditions of the Security Instrument under 9(a)(i) as the Borrower has died and is not the principal residence of at least one surviving borrower. As such the loan is in default as of October 10, 2024, and the loan default has not been cured; and WHEREAS the entire amount delinquent as of June 5, 2025, is $ 251,917.18 and WHEREAS, by virtue of this default, the Secretary has declared the entire amount of the indebtedness secured by the Mortgage to be immediately due and payable. NOW THEREFORE, pursuant to powers vested in me by the Single-Family Foreclosure Act of 1994, 12 U.S.C. 3751 et seq., by 24 CFR Part 27 subpart B, and by the Secretary's designation of me as Foreclosure Commissioner, recorded on June 30, 2021, in Instrument number 2021-0025983 notice is hereby given that, on September 2, 2025, at 10:00 AM-1:00 PM local time, all real and personal property at or used in connection with the following described premises ("Property"), will be sold at public auction to the highest bidder(s): See attached legal description. Commonly known as: 8738 LAKESHORE DR KEMP, TX 75143 Permanent Parcel Number(s): 42559 The sale will be held in the lobby of THE FRONT STEPS OF KAUFMAN COUNTY COURTHOUSE OR AS DESIGNATED BY THE COUNTY COMMISSIONER'S OFFICE 24-038422 The United States Secretary of Housing and Urban Development will bid $245,929.93, plus any additional accrual, fees, costs, or charges incurred by the Secretary up to the date of sale. There will be no proration of taxes, rents or other income or liabilities, except that the purchaser(s) will pay, at or before closing, his (their) pro-rata share of any real estate taxes that have been paid by the Secretary to the date of the foreclosure sale. When making their bids, all bidders, except the Secretary, must submit a deposit totaling $24,592.99 in the form of a certified check or cashier's check made out to the United States Secretary of Housing and Urban Development. A deposit need not accompany each oral bid. If the successful bid is oral, a deposit of $24,592.99 must be presented before the bidding is closed. The deposit is nonrefundable. The remainder of the purchase price must be delivered within 30 days of the sale or at such other time as the Secretary may determine for good cause shown, time being of the essence. This amount, like the bid deposits, must be delivered in the form ofa certified or cashier's check. If the Secretary is the high bidder, he need not pay the bid amount in cash. The successful bidder(s) will pay all conveyancing fees, all real estate and other taxes that are due on or after the delivery date of the remainder of the payment and all other costs associated with the transfer of title. At the conclusion of the sale, the deposits of the unsuccessful bidder(s) will be returned to them. The Secretary may grant an extension of time within which to deliver the remainder of the payment. All extensions will be for 15-day increments for a fee of $500, paid in advance. The extension fee shall be paid in the form of a certified or cashier's check made payable to the United States Secretary of Housing and Urban Development. If the high bidder(s) close(s) the sale prior to the expiration of any extension period, the unused portion of the extension fee shall be applied toward the amount due at closing. If the high bidder(s) is/are unable to close the sale within the required period, or within any extensions of time granted by the Secretary, the high bidder may be required to forfeit the cash deposit, or at the election of the foreclosure commissioner after consultation with the HUD representative, will be liable to the Secretary for any costs incurred as a result of such failure, and the Commissioner may, at the direction of the HUD Field Office Representative, offer the Property to the second highest bidder for an amount equal to the highest price offered by that bidder. There is no right of redemption, or right of possession based upon a right of redemption, in the mortgagor or others subsequent to a foreclosure completed pursuant to the Act. Therefore, the Foreclosure Commissioner will issue a Deed to the purchaser(s) upon receipt of the entire purchase price in accordance with the terms of the sale as provided herein. HUD does not guarantee that the property will be vacant. The scheduled foreclosure sale shall be cancelled or adjoumed if it is established, by documented written application of the mortgagor to the Foreclosure Commissioner not less than 3 days before the date of sale, or otherwise, that the default or defaults upon which the foreclosure is based did not exist at the time of service of this notice of default and foreclosure sale, or all 24-038422 amounts due under the mortgage agreement are tendered to the Foreclosure Commissioner, in the form of a certified or cashier's check payable to the United States Secretary of Housing and Urban Development, before public auction of the property is completed. The amount that must be paid if the mortgage is to be reinstated prior to the scheduled sale is $245,929.93 as of September 2, 2025 , plus all other amounts that would be due under the mortgage agreement if payments under the mortgage had not been accelerated, advertising costs and postage expenses incurred in giving notice, mileage by the most reasonable road distance for posting notices and for the Foreclosure Commissioner’s attendance at the sale, reasonable and customary costs incurred for title and lien record searches, the necessary out-of-pocket costs incurred by the Foreclosure Commissioner for recording documents, a commission for the Foreclosure Commissioner, and all other costs incurred in connection with the foreclosure prior to reinstatement. Tender of payment by certified or cashier's check or application for cancellation of the foreclosure sale shall be submitted to the address of the Foreclosure Commissioner provided below. 24-038422 Date: _ v1 Foreclosure Commissioner Ju itchie, Esq. on behalf of JAMRMS E. ALBERTELLI, P.A. HUD Foreclosure Commissioner 6565 N MacArthur Blvd, Suite 470 Irving, TX 75039 Phone: 469-804-8457 Fax: 469-804-8462 [email protected] Firm # 24-038422 Acknowledgment Stateof FLORIDA _ ) County of HILLSBOROUGH) Before me the undersigned authority, on this day personally appeared Justin Ritchie known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed. Given under my hand and seal on this v7 day of Uw - , 2025. ca) dS Notary Public My Commission Expires: Pusey 21,087 Notary Public State of Florida Pamela Anne Strom My Commission HH 437753 Expires 8/27/2027
This Instrument prepared by: Kirk Schwartz,, Esq. 6565 N MacArthur Blvd, Suite 470 Irving, TX 75039 Firm # 24-038422 LEGAL DESCRIPTION LOT 51, BLOCK 7 OF VAL SHORELINE, ACCORDING TO THE REVISED PLAT RECORDED IN VOLUME 4, PAGE 18, CABINET 1, PAGE 207 OF THE PLAT RECORDS OF KAUFMAN COUNTY, TEXAS. 24-038422