A1355A WRIGHT, TR 54, .9962 ACRES, OLD DCAD TR #27A & 27B
Bedrooms
Bathrooms
Sq Ft
Year Built
[> NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE QOR_ STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM_ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN_ REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. NOTICE OF SUBSTITUTE TRUSTEE’S SALE AND APPOINTMENT OF SUBSTITUTE TRUSTEES THIS _ INSTRUMENT APPOINTS THE SUBSTITUTE TRUSTEE(S) IDENTIFIED TQ SELL THE PROPERTY DE: ED_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.
NOTICE OF SUBSTITUTE TRUSTEE’S SALE DATE: SEPTEMBER 23, 2025 NOTE: Note described as follows: os i 2 Date: JUNE 17, 2022 S Maker: INDEPENDENT REAL ESTATE INVESTMENT LLC : 2 Payee: SIMMONS BANK Ro Original Principal Amount: $840,000.00 = DEED OF TRUST: Deed of Trust described as follows: L Date: JUNE 17, 2022 3 Of Grantor: INDEPENDENT REAL ESTATE INVESTMENT LLC 2 Trustee: MARK A. CRAWFORD Beneficiary: SIMMONS BANK Recorded: DOCUMENT NO. 91744, Real Property Records, DENTON County, Texas LENDER: SIMMONS BANK BORROWER: INDEPENDENT REAL ESTATE INVESTMENT LLC PROPERTY: The property described as follows: THE REAL PROPERTY LOCATED IN DENTON COUNTY, TEXAS, AS DESCRIBED IN THE DEED OF TRUST AND IN EXHIBIT A, ATTACHED HERETO AND INCORPORATED HEREIN FOR ALL PURPOSES, together with all buildings, structures, fixtures and improvements thereon and any and all appurtenances Page | of 5 LS+i Hd €2 dase OME ag aud dad and rights thereto, SAVE AND EXCEPT ANY AND ALL LOTS OR PORTIONS THEREOF THAT HAVE BEEN RELEASED OF RECORD BY THE HOLDER OF THE DEED OF TRUST. SUBSTITUTE TRUSTEE: DAVID GARVIN, MICHELLE SCHWARTZ, KELLY GODDARD, JEFF BENTON, BRANDY BACON, GUY WIGGS, DAVID STOCKMAN, DONNA STOCKMAN, JANET PINDER, JAMIE DWORSKY, ANGELA COOPER BROWN. Substitute Trustee’s Mailing Address: 3333 Lee Parkway, 8th Floor Dallas, Texas 75219 DATE AND TIME OF SUBSTITUTE TRUSTEE'S SALE OF PROPERTY: NOVEMBER 4, 2025, the first Tuesday of the month, to commence at 12:00 PM, or within three (3) hours after that time. PLACE OF SUBSTITUTE TRUSTEE'S SALE OF PROPERTY: In DENTON County, Texas, County Courthouse in the area designated by the Commissioners Court of such County, pursuant to Section 51.002 of the Texas Property Code (if no such place is designated, then the sale will take place in the area where this Notice of Substitute Trustee’s Sale is posted). RECITALS Default has occurred in the payment of the Note and/or in the performance of the obligations under the Deed of Trust that secures the Note. Because of this default, Lender, the owner and holder of the Note and the Deed of Trust lien under Texas Property Code Section 51.002, has requested that Substitute Trustee sell the Property according to the terms of the Deed of Trust and applicable law. Formal notice is now given of Lender’s election to proceed against and sell the real property described in the Deed of Trust, consistent with Lender’s rights and remedies under the Deed of Trust and applicable law. Therefore, notice is given that on the Date and Time of Substitute Trustee’s Sale of Property and at the Place of Substitute Trustee’s Sale of Property, I, as Substitute Trustee, or any other substitute trustee Lender may appoint, will sell the Property by public sale to the highest bidder for cash or acceptable certified funds, according to the Deed of Trust and applicable law. The sale and conveyance of the Property will be subject to all matters of record applicable to the Property that are superior to the Deed of Trust and to any permitted exceptions to title described in the Deed of Trust. Substitute Trustee has not made and will not make any covenants, representations, or warranties about the Property other than providing the successful bidder at the sale with a deed to the Property containing any warranties of title required by the Page 2 of 5 Deed of Trust. The Property will be sold AS IS, WHERE IS, AND WITH ALL FAULTS. ASSERT AND PROTECT YOUR RIGHTS AS, EMBER OF THE A: F T ._IF YOU ARE OR YO POUSE I RVING ON ACTIVE MILITARY DUTY, INCLUD CTIVE MILITARY DUTY _AS A BER OF TEXAS NATIONAL GUARD OR THE NATIONAL GUARD OF ANOTHER STATE OR AS A BE) ERVE COMPONENT OF THE ARMED FORCES OF THE ITED STATES, PLEA: ND WRITTEN _N HE ACTIVE DUTY MILITARY SERVICE TO THE SENDER OF THIS NOTICE IMMEDIATELY. APPOINTMENT OF SUBSTITUTE TRUSTEE DEED OF TRUST: Deed of Trust described as follows: Date: JUNE 17, 2022 Grantor: INDEPENDENT REAL ESTATE INVESTMENT LLC Trustee: MARK A. CRAWFORD Beneficiary; SIMMONS BANK Recorded: DOCUMENT NO. 91744, Real Property Records, DENTON County, Texas PROPERTY: The property described as follows: THE REAL PROPERTY LOCATED IN DENTON COUNTY, TEXAS, AS DESCRIBED IN THE DEED OF TRUST AND IN EXHIBIT A, ATTACHED HERETO AND INCORPORATED HEREIN FOR ALL PURPOSES, together with all buildings, structures, fixtures and improvements thereon and any and all appurtenances and rights thereto, SAVE AND EXCEPT ANY AND ALL LOTS OR PORTIONS THEREOF THAT HAVE BEEN RELEASED OF RECORD BY THE HOLDER OF THE DEED OF TRUST. SUBSTITUTE TRUSTEE: DAVID GARVIN, MICHELLE SCHWARTZ, KELLY GODDARD, JEFF BENTON, BRANDY BACON, GUY WIGGS, DAVID STOCKMAN, DONNA STOCKMAN, JANET PINDER, JAMIE DWORSKY, ANGELA COOPER BROWN Substitute Trustee’s Mailing Address: c/o 3333 Lee Parkway, 8th Floor Dallas, Texas 75219 Each Substitute Trustee is appointed effective as of SEPTEMBER 23, 2025, pursuant to Texas Property Code § 51.0075 to succeed to all title, powers, and duties of the original or successor trustees under the Deed of Trust. Page 3 of S Appointment of Substitute Trustees: By: _/s/ Michael P. Menton Name: Michael P. Menton, Attorney for SIMMONS BANK Notice of Sale executed by: floors o— Name, David Garvin
Substitute Trustee P:\ctd\SIMMONS BANK\25-1039 INDEPENDENT RE MGMT\NOVEMBER 2025\NOTICE OF FORECLOSURE.doc Page 4 of 5 EXHIBIT "A" BEING A TRACT OR PARCEL OF LAND SITUATED IN THE MARY R. WRIGHT SURVEY, ABSTRACT NO. 1355A, CITY OF LAKE DALLAS, DENTON COUNTY, TEXAS, AND BEING ALL OF THAT CERTAIN TRACT OF LAND CONVEYED TO BAYLOR UNIVERSITY MEDICAL CENTER FOUNDATION BY DEED RECORDED IN COUNTY CLERK'S FILE NO. 96-R0012684, DEED RECORDS, DENTON COUNTY, TEXAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A PK NAIL SET FOR CORNER IN THE RIGHT-OF-WAY OF BETCHAN DRIVE, BEING THE SOUTHEAST CORNER OF SAID BAYLOR TRACT; THENCE N 89°25'28" W WITH THE SOUTH LINE OF SAID BAYLOR TRACT A DISTANCE OF 172.17 FEET TO APK NAIL SET FOR CORNER IN THE EAST LINE OF A 1.171 ACRE TRACT CONVEYED TO THE CITY OF LAKE DALLAS BY DEED RECORDED IN VOLUME 743, PAGE 237, DEED RECORDS, DENTON COUNTY, TEXAS; THENCE NORTH 05°34'48" E WITH THE COMMON LINE BETWEEN SAID BAYLOR TRACT AND SAID CITY OF LAKE DALLAS TRACT AT A DISTANCE OF 17.22 FEET, PASSING A 34" SQUARE IRON ROD FOUND FOR REFERENCE, IN ALL A TOTAL DISTANCE OF 253,00 FEET TO A %" IRON ROD WITH YELLOW PLASTIC CAP STAMPED “RLG* SET FOR CORNER IN THE SOUTH LINE OF A TRACT CONVEYED TO LAKE DALLAS TELEPHONE COMPANY, INC. BY DEED RECORDED IN VOLUME 1176, PAGE 236, DEED RECORDS, DENTON COUNTY, TEXAS, BEING THE NORTHEAST CORNER OF SAID CITY OF LAKE DALLAS TRACT; THENCE SOUTH 89°25'28" E WITH THE COMMON LINE BETWEEN SAID BAYLOR TRACT AND SAID LAKE DALLAS TELEPHONE COMPANY TRACT A DISTANCE OF 172.17 FEET TO A 4" IRON ROD WITH YELLOW PLASTIC STAMPED “RGL" SET FOR CORNER, BEING THE NORTHWEST CORNER OF A TRACT CONVEYED TO LAKE DALLAS TELEPHONE COMPANY, INC., BY DEED RECORDED IN VOLUME 1122, PAGE 522, DEED RECORDS, DENTON COUNTY, TEXAS; THENCE SOUTH 05°34'48" WEST WITH THE COMMON LINE BETWEEN SAID BAYLOR TRACT AND SAID LAKE DALLAS TELEPHONE COMPANY TRACT AT A DISTANCE OF 82.64 FEET, PASSING THE SOUTHWEST CORNER OF SAID LAKE DALLAS TELEPHONE COMPANY TRACT AND THE NORTHWEST CORNER OF A TRACT CONVEYED TO J.E. BETCHAN AND ANNIE BETCHAN BY DEED RECORDED IN VOLUME 218, PAGE 57, DEED RECORDS, DENTON COUNTY, TEXAS, IN ALL A TOTAL DISTANCE OF 263.00 FEET TO THE POINT OF BEGINNING AND CONTAINING 43,383 SQUARE FEET OR 0.9962 ACRES OF LAND, MORE OR LESS, Page 5 of S
Appraised Value
$1,043,867
Default Amount
$840,000
Potential Savings: $203,867
Auction Date
November 4, 2025
Foreclosure Type
mortgage
Current Owner
INDEPENDENT REAL ESTATE INVESTMENT LLC
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