1136 Prospect Dr

PRAIRIE CREEK ADDN PH 2 BLK 13 LOT 75

08lork Notice of Substitute Trustee Sale; ;-,, kp





F25-00175 TX 6723223947 | 7241205744






Ass ights as e e armed : e United States re oF 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 writte ice of the







active duty military service to the sender of this notice immediately, Date, Time, and Place of Sale - The sale is scheduled to be held at the following date, time and place: Date: 08/05/2025 Time: The sale will begin no earlier than 01:00PM _or no later than three hours thereafter. The sale will be completed by no later than 4:00 PM. (Attention all bidders: cashier’s checks must be made payable to Assured Lender Services, Inc.) Place: Denton County, TX at the following location: The courtyard area of the southwest corner of the Denton County Courts Bldg, OR IF THE PRECEDING AREA IS NO LONGER THE DESIGNATED AREA, AT THE AREA DESIGNATED BY THE COMMISSIONER'S COURT, PURSUANT TO SECTION 51.002 OF THE TEXAS PROPERTY CODE Property To Be Sold - The property to be sold is described as follows: Being Lot 75, Block 13 of PRAIRIE CREEK, PHASE II, an Addition to the Town of FLOWER MOUND, Denton County, Texas, according to the Revised Plat thereof recorded in Cabinet F, Slide 196, Plat Records, Denton County, Texas. APN; R1i09894 Commonly known as: 1136 Prospect Drive, Flower Mound, TX 75028-2548 Instrument to be Foreclosed — The instrument to be foreclosed is the Deed of Trust, Security Agreement and Assignment of Leases and Rents, dated 12/16/2024 (the “Deed of Trust”) and recorded in the office of the County Clerk of Denton County, Texas, recorded on 12/18/2024 as Instrument No. 137041 of the Real Property Records of Denton County, Texas. Trustor(s): Michael R. Hefner, II Original Beneficiary: Velocity Commercial Capital, LLC, a California Limited Liability Company Current U.S. Bank Trust Company, Loan Servicer: PHH Mortgage Services Beneficiary: National Association, as Trustee for Velocity Commercial Capital Loan Trust 2025-1 Current Payton Hreha, Francesca Ortolani, Shelley Ortolani, Mary Mancuso, Liz Hach, Michele Substituted Hreha, Carol Dunmon, Michele Sanders or Cherie Maples Trustees: The Mortgage Servicer is authorized to represent the Mortgagee by virtue of a servicing agreement with the Mortgagee. Pursuant to the Servicing Agreement and Texas Property Code §51.0025, the Mortgage Servicer is authorized to collect the debt and to administer any resulting foreclosure of the property securing the above referenced loan. Terms of Sale - The sale will be conducted as a public auction to the highest bidder for cash, subject to the provisions of the deed of trust permitting the beneficiary thereunder to have the bid credited to the note up to the amount of the unpaid debt secured by the Deed of Trust at the time of sale. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent of such matters, if any. Pursuant to the Deed of Trust, the beneficiary has the right to direct the Trustee to sell the property in one or more parcels and/or to sell all or only part  of the property. Pursuant to section 51.009 of the ‘Texas Property Code, the properly will be sold in “as is. where is” condition. without any express or implied warranties, except as to the warranties of title (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. Pursuant to section 51.0075 of the Texas Property Code, the trustee reserves the right to set further reasonable conditions for conducting the sale. Any such further conditions shall be announced before bidding is opened for the first sale of the day held by the trustee or any substitute trustee. Type of sale - ‘The present Beneficiary under the Decd of Trust has elected to conduct a unified foreclosure sale pursuant to the provisions of Texas Business and Commercial Code § 9.604 (a) and to include in the non-judicial foreclosure pursuant to the power of the sale granted by the deed of trust described in this Notice of Trustee’s Sale all of the personal property and fixtures described within the loan documents. The present Beneficiary reserves the right lo revoke its election as to some or all of said personal property and/or fixtures. or to add additional personal property and/or fixtures to the clection herein expressed, at the present Bencficiary’s sole election, from time to time and at any time until the consummation of the trustce’s sale to be conducted pursuant to the Deed of Trust and Notice of Trustee’s Sale. The real property and personal property encumbered by the Deed of Trust will be sold at the sale in accordance with the provisions of the Deed of Trust and as permitted by section 9.604(a) of the Texas Business and Commerce Code. Obligations Seeured - The Deed of Trust provides that it secures the payment of the indebtedness and obligations therein described (collectively the “Obligations”) including by not limited to (1) the promissory note in the original principal amount of $203,500.00, executed by Michael R. Hefner, II, and payable to the order of Velocity Commercial Capital, LLC, a California Limited Liability Company: (2) all renewals and extensions of the note; and (3) any and all present and future indebtedness of Michaci R. Hefner, I. U.S. Bank Trust Company, National Association, as Trustce for Velocity Commercial Capital Loan Trust 2025-1 is the current owner and holder of the Obligations and is the beneficiary under the Deed of Trust. ‘The sale will be made, but without covenant or warranty. expressed or implied, regarding title. possession. or encumbrances, to pay the remaining principal sum of the Note and all other amounts lawfully owing under the Note, the Deed of Trust, and all of the other associated loan documents, including, without limitation, all interest. default interest, late charges, advances, attorneys’ fees and other costs and expenses. NOTICE TO POTENTIAL BIDDERS: WE REQUIRE CERTIFIED FUNDS AT SALE BY CASHIER’S CHECK(S) PAYABLE DIRECTLY TO “ASSURED LENDER SERVICES, INC.” TO AVOID DELAYS IN ISSUING THE FINAL DEED. Questions concerning the sale may be directed to the undersigned or fo the beneficiary: U.S. Bank Trust Company, National Association. as ‘Trustee for Velocity Commercial Capital I.oan Trust 2025-1 30699 Russeli Ranch Rd., Ste. 295 Westlake Village, CA 91362 Karen Morgan Kihorean e'veclocitycoummercial com (818) 532-3704
LAD Dated: Lu 2 9025 ‘ Payton Hreha, Francesca Ortolani, Shelley Ortolani, Mary Mancuso, Liz Hach, Michele Hreha, Caro QuaAmon, Michele Sanders or Cherie Maples


111 Pacifica, Suite 140/ Irvine, CA 92618 Phone: (714) 508-7373 Fax: (714) §05-3831 AFTER RECORDING, PLEASE RETURN TO: Assured Lender Services, Inc. 111 Pacifica, Suite 140 Irvine. CA 92618 Attn: Trustee Department
 Certificate of Posting I, do hereby certify that I am a citizen of the
United States of America, over the age of 18 years, and competent, to be a witness relating to the matters herein I declare under penalty of perjury that on I filed the Notice of Sale at the office of the County Clerk and caused same to be posted at the County courthouse. Signature:
Declarants Name: ee Date:

Bed, Bath, Estimated value: $367,840 Avg ($/sqft: 225, 3 Bed , 2 Bath) # listed: 31