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40 NE LOOP 410

SAN ANTONIO, TX 78216
active
ID: 000000497350
40 NE LOOP 410
active
Property image 2
Legal Description

NCB 12025 LOT 91 EXC ROW MASTER FILE & COMMON ELEMENT THE MERCANTILE BANK CONDO

;
Property Overview

Bedrooms

Bathrooms

262,500

Sq Ft

1980

Year Built

Foreclosure Description

Doc# 20251200214 11/06/2025 01:12 PM Page 1 of 9 Lucy Adame-Clark, Bexar County Clerk
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.
NOTICE OF SUBSTITUTE TRUSTEE’S SALE 0 A STATE OF TEXAS COUNTY OF BEXAR § Date: November 6, 2025 Borrower: TEXAS NAME MERCANTILE INVESTMENT, LLC, a Delaware limited liability company Borrower’s Address: 40 NE Loop 410, Suite 610 San Antonio, Texas 78216 Attn: Jordi Ferran Holder: COMM 2014-UBS4 NORTHEAST LOOP 410, LLC, a Delaware limited liability company Holder’s Address: c/o LNR Partners, LLC 2340 Collins Avenue, Suite 700 Miami Beach, Florida 33139 Special Servicer: LNR Partners, LLC, a Florida limited liability company! Special Servicer’s Address: 2340 Collins Avenue, Suite 700 Miami Beach, Florida 33139 Substitute Trustees: Mark Patterson, James Billingsley, Veronica C. Law, Cahlen Cheatham, and Rich Marshall, each of whom is an individual and may act alone or together (each a “Substitute Trustee”) Substitute Trustees’ Address: c/o Duane Morris LLP 100 Crescent Court, Suite 1200 1 TEXAS PROPERTY CODE § 51.0025 NOTICE: Holder is currently acting by and through the Special Servicer and may be contacted at c/o the Special Servicer’s address set forth herein, Attention: Mr. Alex Shumway (305) 695-5898 (telephone). Doc# 20251200214 11/06/2025 01:12 PM Page 2 of 9 Lucy Adame-Clark, Bexar County Clerk Dallas, Texas 75201 Attention: Mark L. Patterson, Esq. Deed of Trust: Deed of Trust, Security Agreement, Assignment of Leases and Fixture Filing Date: As of June 27, 2014 Grantor: Texas Name Mercantile Investment, LLC, a Delaware limited liability company Original Lender: Cantor Commercial Real Estate Lending, L.P., a Delaware limited partnership Original Trustee: Sean A. Everest, an individual (who has been replaced) Secures: Obligations under that certain Promissory Note (the “Note”), dated June 27, 2014, in the original principal amount of $19,100,000.00, executed by Borrower, payable to the order of Original Lender and currently held by Holder, and all other indebtedness described in the Deed of Trust. Recording: Recorded June 30, 2014, as Instrument No. 20140108743, in Book 16745, Page 2426, in the Official Public Records of Bexar County, Texas (the “Records”). The Deed of Trust was: (i) assigned by Original Lender to CCRE LOAN SELLER III, LLC, a Delaware limited liability company (“Assignee #1”), pursuant to that certain Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Fixture Filing, executed as of July 29, 2014 and recorded August 12, 2014, as Instrument No. 20140137386, in Book 16815, Page 1724, in the Records; (ii) assigned by Assignee #1 to Original Lender, pursuant to that certain Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Fixture Filing, executed as of July 29, 2014 and recorded August 12, 2014, as Instrument No. 20140137389, in Book 16815, Page 1741, in the Records; (iii) assigned by Original Lender to Wilmington Trust, National Association, as Trustee, for the Benefit of the Holders of COMM 2014-UBS4 Mortgage Trust Commercial Mortgage Pass-Through Certificates (“Assignee #2”), pursuant to that certain Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Fixture Filing, executed as of July 29, 2014, to be effective as of July 31, 2014, and recorded August 12, 2014, as Instrument No. 20140137392, in Volume 16815, Page Doc# 20251200214 11/06/2025 01:12 PM Page 3 of 9 Lucy Adame-Clark, Bexar County Clerk 1758, in the Records; and (iv) assigned by Assignee #2 to Holder, pursuant to that certain Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Fixture Filing and Other Loan Documents, executed November 4, 2025 and recorded Novembert 4, 2025, as Instrument No. 20250205843, in the Records. Property: All real property, improvements and personal property described as collateral in the Deed of Trust; the legal description of the real property is also, for the sake of convenience only, described in Exhibit A, attached hereto and made a part hereof for all purposes; however, the description of the real property, improvements and personal property in the Deed of Trust will control to the extent of any conflict or any deficiency in such description contained in this Notice of Substitute Trustee’s Sale, it being the intent that the Foreclosure Sale (as defined below) will cover all property, real, personal, tangible and intangible, and all rights and appurtenances thereto, which constitutes collateral under, and described in, the Deed of Trust. Foreclosure Sale Date of Sale: Tuesday, December 2, 2025 Time of Sale: The sale of the Property will take place between the hours of 10:00 A.M. and 4:00 P.M. local time; the earliest time at which the sale will take place is 10:00 A.M., and the sale will commence within three hours of such time. Place of Sale: Bexar County Courthouse, 100 Dolorosa, San Antonio Texas 78205 at the following location: AT THE AREA LOCATED OUTSIDE ON the west side of the Bexar County Courthouse building WHICH IS NEAR THE INTERSECTION OF EAST NUEVA STREET AND THE CLOSED PORTION OF SOUTH MAIN AVENUE, SAN ANTONIO, TEXAS or, if the preceding area is no longer the designated area, at the area most recently designated by the Commissioners Court of Bexar County, Texas. Holder, the present owner and holder of the Note, has appointed Mark Patterson, James Billingsley, Veronica C. Law, Cahlen Cheatham, and Rich Marshall, and each of them acting alone, as Substitute Trustees under the Deed of Trust upon the contingency and in the manner outlined by the Deed of Trust and in accordance with Chapter 51 of the Texas Property Code. The Note evidences a loan (the “Loan”), secured by the Deed of Trust and further evidenced and/or secured by the other documents in connection therewith (collectively, the “Loan Documents”). The Loan
Doc# 20251200214 11/06/2025 01:12 PM Page 4 of 9 Lucy Adame-Clark, Bexar County Clerk has matured according to its terms and, accordingly, the indebtedness evidenced by the Note is now wholly due. Holder acting by and through Special Servicer has instructed Substitute Trustees, and each of them acting alone, to sell the Property toward the satisfaction of the Note. The Deed of Trust may encumber both real and personal property. Formal notice is hereby given of Holder’s election to proceed against and sell both the real property and any personal property described in the Deed of Trust in accordance with Holder’s rights and remedies under the Deed of Trust and Section 9.604(a) of the Texas Business and Commerce Code. Special Servicer is representing Holder in connection with the Loan evidenced by the Loan Documents under a servicing agreement with Holder. The address of Special Servicer is set forth above. Pursuant, in part, to Section 51.009 of the Texas Property Code, notice is hereby given that on the Date of Sale, Substitute Trustees, or any one of them acting alone, will offer the Property for sale at public auction at the Place of Sale, to the highest bidder for cash, in “AS IS, WHERE IS” condition, without any express or implied warranties (except as to the warranties [if any] provided for under the Deed of Trust), at the purchaser’s own risk, expressly subject to any valid leases of the Property (which leases shall not terminate as a result of the Foreclosure Sale), and further 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 they remain in force and effect and have not been subordinated to the Deed of Trust. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent of such matters, if any. Prospective bidders are advised to conduct an independent investigation of the nature and physical condition of the Property. THERE WILL BE NO WARRANTY RELATING TO TITLE, POSSESSION OR QUIET ENJOYMENT OR THE LIKE FOR THE PERSONAL PROPERTY INCLUDED IN THE SALE. Holder may bid by credit against the indebtedness secured by the Deed of Trust. The Substitute Trustee conducting the Foreclosure Sale may, at his or her option, postpone the Foreclosure Sale for a reasonable time to permit the highest bidder (if other than Holder) to produce cash to pay the purchase price bid, and the Foreclosure Sale may be resumed if the bidder fails to produce cash to pay the purchase price within such time period, provided in any event the Foreclosure Sale shall be concluded by no later than 3:45 p.m. local time on the Date of Sale. If Holder postpones 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. Pursuant to Section 51.0075(a) of the Texas Property Code, the Substitute Trustee conducting the Foreclosure Sale reserves the right to set further reasonable conditions for conducting the Foreclosure Sale. Any such further conditions shall be announced before bidding is opened by the Substitute Trustee. Pursuant to the endorsements, assignments and/or transfers of the Loan Documents as described herein, Holder is the current owner of the Loan Documents. However, consistent with the laws of the State of Texas and the terms and provisions contained within the Loan Documents, Holder reserves the right to endorse, assign and/or transfer the Loan Documents to a third-party at any time after this Notice of Substitute Trustee’s Sale has been posted in Bexar County, Texas Doc# 20251200214 11/06/2025 01:12 PM Page 5 of 9 Lucy Adame-Clark, Bexar County Clerk (including just prior to the Foreclosure Sale). You may contact Mr. Alex Shumway with the Special Servicer (at the telephone number provided herein) to determine whether Holder has endorsed, assigned and/or transferred the Loan Documents to a third-party and, if it has, to obtain the name, address and other contact information of the successor holder of the Note. [END OF TEXT — SIGNATURE AND ACKNOWLEDGMENT PAGE FOLLOWS]
Doc# 20251200214 11/06/2025 01:12 PM Page 6 of 9 Lucy Adame-Clark, Bexar County Clerk Yk fo MARK PATTERSON, As Substitute Trustee
STATE OF TEXAS § § COUNTY OF DALLAS § Before me, Molly Vi_Carr' , Notary Public, on this day personally appeared Mark Patterson, known to-ne 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 of office this 6th day of November, 2025. | ced AN DRC O RR GAN Notary Public, State of Texas ry ID #123942207 . . . My Commission Expires Print Name: ti Carve December 28, 2027
My Commission Expires:__/2 [AFFIX NOTARY STAMP ABOVE] After filing return to: DUANE MORRIS LLP 100 Crescent Court, Suite 1200 Dallas, Texas 75201 Attn: Mark Patterson, Esq. Office: (214) 257-7200 Fax: (214) 257-7201 Notice of Substitute Trustee's Sale ~ Signature/Acknowledgment Page Doc# 20251200214 11/06/2025 01:12 PM Page 7 of 9 Lucy Adame-Clark, Bexar County Clerk EXHIBIT A Real Property Legal Description TRACT E: Condominism Unks Namber 2, 3, 4, 5, 6 and 7, in Building A, of The Mercantile Dulidiag, (A Coudominium), A Condomintam Project being out of a portion of Lot 91, New City Block 12025, Mercantile Bank Subdivision, a2 originalty platted la Volume 8800, Page 87, Dood and Plat Records, Rexar County, Texas; said Mercantile Building (A Coadumialum) created und more fally deseribed by Condominium Declaration dated July 23, 1982, and recorded in Volume 9, Page 27, Condominiym Records, Bexar County, Texas being more particularly described io Exhtbit "1" attached hereto and Incorporated by reference. TRACT Hs Reciprocal Drive Easement, twenty-five feet (25') wide located east of and adjacent to the east property line of sald Lot 91 and lying within the Lot 92, NCB 12025 of the Mercantile Bank Subdivision in Bexar County, Texas, and being more particularly described in Agreement recorded In Volume 6735, Page $48, of the Real Property Records of Bexar County, Texas. [see Exhibit “1” on following page(s)] Exhibit A-1 Doc# 20251200214 11/06/2025 01:12 PM Page 8 of 9 Lucy Adame-Clark, Bexar County Clerk Exblbie “1” Belg 7.349 scroy of ind, aro or lus ont of enterpert of Lat $1 1 New City Block 12025, Mercantile Bank Subdivision, as originally platted In Volume 8800, Page 27, Deed end Plat prcards Rexar Coonty, Texas, said 7.349 acres being more particularty described by mots aad COMMENCING at a 1/2 toch iron rod found Boe the nocthweat conser of Las 1, Block 36, Ridgeviow, Ui 7, Colum 3850 Page 95), sea being on the Bast Right-of Way lice of McCullough and the POINT OF COMMENCEMENT; THENCE slong tho East Rightof- Wey line of sls MoCallough, North 00 degrees 02 ralnutes 31 senate East, 9 distance of 257-39 feet 0 & pols for the southwest corner of tis 7349 sores, saxt being the southwest corner of said Lot 91 and the corthwest comer of Lot 39, Normandie Hotels, Ltd. (Volume 16285, Page Sti) cat Ro PONT OF BEGUN: THENCE along the East Right-of-Way fine of aad MoCollongh the following courses and North 00 degrees 20 mloutes 29 seconds West {called Nosth GO degrees 11 rzinutes 00 seconds East), o distance of 337.70 feet tos point for the West corer of this 7.49 acres; South 89 dogrees 17 minutes $2 seconds Bast (called South 88 degrees 46 minctes 23 seconds East), a distance of 9.21 feet to
poiut for an interior corner of this 7.349 acres, North 00 degree 17 minutes 03 seconds West (called Nazth 00 degress 14 miuvtos 26 sesonds East), a distance of 229.55 feet to a 1/2 inck fron rod set for the Jower northwest comer of this 7.349 acres, sams belng at Os intersection of the East Right-cf-Way line of seld MoColtough and ths South Right-of-Way ine of NE. Loop 410, THENCE aiong the fines common to thin 7.349 acres and tho South Right-of-Way line of sald NE. Leap 410 the following courses end distances: North 47 degrees 51 minutes 15 seconds East (called Nocth 48 degrees 22 mincies 44 seconds East), a distance of 47.19 fest to # 1/2 inch izon rod set for he upper nocthwest corner of this 7,349 ecres; South 87 dogrees $4 minutes 24 seconds Rast (called South $7 degree 36 minutes 38 comar of 7.05 se se ting ntact be riny Seta comer of this 7.349 acrea, same being the northwest Drury Southwest, Inc. part of Lot 92 (Volume 12592, Page 254), THENCE along the Une common to this 7.349 sores and atid Drury tract, South 00 degrees 34 minutes 3] seconds West (called South 01 degroce 06 eninutea 00 seconds West), a distance of 593.43 feet (called $93.41 feat) 00 2 1/2 inch iron rod sot for the southount comer of this 7.349 acres, suse doing the southeast corner of Lot 1 and the southwest corner of sald Drury tract, same also baing on the North line of sald Lot 39; THENCE along the line common to cals 7.349 sores end said Lot 39 the following cowrves and South 89 degrees [2 minutes $8 seceru’s Wort (called South 89 degrece 44 minutes seconds West), a distance of 241.52 fect (called 241.50 fect) to a TP eh bon vod oct foe a1 angle point, North 89 degrees 25 minutes 42 seconds West (called North 88 degrees 54 minutes 13 seconds West), a diatance of 299.28 feet to ths POINT OF BEGINNING, end containing 7.349 ecrea of land, more or less. Exhibit A-2 Doc# 20251200214 11/06/2025 01:12 PM Page 9 of 9 Lucy Adame-Clark, Bexar County Clerk TOGETHER WITH: An undivided 75.535 percent interest in the common elements of The Mercantile Building (A Condominium) as set out in Declaration recorded tn Volume 9, Page 27, Coudomintum Records, Bexar County, Texaz. AND Limited Common Elements, Easements and all other property appurtenant to the ownership of a Condominium as set out and described ta Condomintam Declaration recorded tn Volume 9, Page 27, Condomluiam Records, Bexar County, Texas; SAVE AND EXCEPT those Linilied Common Hlemonts, Easement and property set out in said Declaration set apart and assigned to the reserved for the exclusive ase and ownership of Unit No.1. Purported Physical Address (per Deed of Trust): The Mercantile Building (Units 2-7) 40 NE Loop 410 San Antonio, Bexar County, Texas FILE INFORMATION Document Number: 20251200214 ate/Time: 11/6/2025 1:12: Tt Page: 3 1:12:11 PM ED IN THE OFFICIAL PUB RECORDS OF BEXAR COUNTY” LUCY ADAME - CLARK BEXAR COUNTY CLERK Total Fees: $2.00 Exhibit A-3

Property Details
Property ID:000000497350
Owner Name:MERCANTILE BANK CONDOMINIUM
County:Bexar County
Year Built:1980
Living Area:262,500 sq ft
Bedrooms:
Status:
active
Images Available:Yes
Coordinates:29.519911725490847,-98.4842788038852
Pricing Information

Appraised Value

$0

Default Amount

$19,100,000

Potential Savings: -$19,100,000

Auction Information

Auction Date

December 2, 2025 10AM-4PM

Foreclosure Type

mortgage

Owner Information

Current Owner

MERCANTILE BANK CONDOMINIUM

Location & County Info

Coordinates

29.519911725490847,-98.4842788038852

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