9400 FREDERICKSBURG RD

NCB 12858 P-58

Doc# 20251100355 10/14/2025 03:39 PM Page 1 of 8 Lucy Adame-Clark, Bexar County Clerk PREPARED BY AND UPON RECORDATION RETURN TO: Haynes and Boone, LLP 1221 McKinney Street, Suite 4000 Houston, Texas 77010 Attention: Caite Evans
A 0 B25-20251 18835: (Space above this line for recording purposes only) STATE OF TEXAS § § COUNTY OF BEXAR § NOTICE OF FORECLOSURE SALE Date: October 14, 2025 Security Instruments: (i) Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (as modified or amended from time to time, the “Deed of Trust’), dated October 29, 2021, executed by Villas Del Cabos TX LLC, a Delaware limited liability company, JN Realty Holdings LLC, a Delaware limited liability company, Tamkar Holdings LLC, a Delaware limited liability company and MLA Realty Holdings LLC, a Delaware limited liability company (collectively, jointly and severally, “Borrower”), as grantor, to George D. Barnett, Esq. (“Trustee”), as trustee, for the benefit of Lument Structured Finance, LLC, a Delaware limited liability company (f/k/a OREC Structured Finance Co., LLC) (together with any successors and assigns, “Beneficiary”), as beneficiary, recorded as Clerk’s File No. 20210306369 in the Official Public Records of Bexar County, Texas (“Official Records”) and (ii) Assignment of Leases and Rents (“ALR”), executed by Borrower in favor of Beneficiary, dated October 29, 2021 and recorded as Clerk’s File No. 20210306370 in the Official Records. Secured Obligations: Promissory Note dated October 29, 2021, executed by Borrower and payable to the order of Beneficiary, as holder, in the original principal amount of $23,801,000.00 (together with all extensions, renewals, replacements and amendments thereof, collectively referred to herein as the “Note”). Property: The property secured by the Deed of Trust including, without limitation, all right, title, interest, and privilege of Borrower in and to the real property described in Exhibit A attached hereto (the “Land”). 0052035.00173 | 4929-5272-3569 v.2  Doc# 20251100355 10/14/2025 03:39 PM Page 2 of 8 Lucy Adame-Clark, Bexar County Clerk Guaranty: (i) Limited Recourse Guaranty dated October 29, 2021, executed by Shaul Greenwald, Aryeh Greenwald and Nachman Teren (collectively, “Guarantor’), in favor of Beneficiary and (ii) Completion Guaranty dated October 29, 2021, executed by Guarantor in favor of Beneficiary. Substitute Trustee(s): Caitlin Evans Melanie Goebel George Hinchey Abigail Johanson Christopher Neal Richard Post Victor Salazar Samuel Schapiro Substitute Trustees’ Address: Haynes and Boone, LLP Attn: Caite Evans 1221 McKinney Street, Suite 4000 Houston, Texas 77010 Foreclosure Sale: Date: Tuesday, November 4, 2025 Time: The sale of the Property (as defined in the Deed of Trust) (such sale is the “Foreclosure Sale”) will take place between the hours of 1:00 PM and 4:00 PM. Place: West side of Bexar County Courthouse, 100 Dolorosa, San Antonio, Texas, 78205 or as designated by the County Commissioner's Office or in the area designated by the Commissioner's Court. pursuant to section 51.002 of the Texas Property Code. Terms of Sale: The Foreclosure Sale will be conducted as a public auction, and the property secured by the Deed of Trust, including, without limitation, all right, title, interest, and privilege of Borrower to the Land, and the interest of Borrower in the improvements, fixtures, and certain other property covered by the Deed of Trust and described with the Land in Exhibit _B attached hereto (collectively referred to herein as the “Property”), shall be sold to the highest bidder for cash, except that Beneficiary’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, Beneficiary, the current owner, and holder of the Note, has requested Substitute Trustee(s) to sell the Property. The Deed of Trust may encumber both real and personal property. Formal notice is hereby given of Beneficiary’s election to proceed against and sell all the Property described in the Deed of Trust in accordance with Beneficiary’s rights and remedies under the Deed of Trust and Section 9.604(a) of the Texas Business and Commerce Code. 0052035.00173 | 4929-5272-3569 v.2  Doc# 20251100355 10/14/2025 03:39 PM Page 3 of 8 Lucy Adame-Clark, Bexar County Clerk Therefore, notice is given that on and at the Date, Time and Place of Sale described above, Substitute Trustee(s) will sell the Property by public sale to the highest bidder for cash in accordance with the Deed of Trust. 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 Beneficiary, if any. 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 51.009 of the Texas Property Code, the Property will be soid “AS IS” AND “WHERE IS” AND WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND BY SUBSTITUTE TRUSTEE(S), EXPRESS, IMPLIED, STATUTORY, QUASI STATUTORY, OR OTHERWISE, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE BEING EXPRESSLY DISCLAIMED. NEITHER BENEFICIARY NOR SUBSTITUTE TRUSTEE(S) MAKE ANY REPRESENTATIONS OR WARRANTIES WITH RESPECT TO COMPLIANCE WITH LAWS, RULES, AGREEMENTS, OR SPECIFICATIONS NOR WITH RESPECT TO CONDITION, QUALITY, CAPACITY, DESIGN, OPERATION, ABSENCE OF ANY LATENT DEFECTS, OR ANY OTHER WARRANTY OR REPRESENTATION WHATSOEVER WITH RESPECT TO THE PROPERTY, ALL OF WHICH SHALL BE EXPRESSLY WAIVED BY THE PURCHASER AT THE FORECLOSURE SALE. Prospective bidders are advised to conduct an independent investigation of the nature and physical condition of the property. Pursuant to Section 51.0075(a) of the Texas Property Code, Substitute Trustee(s) 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(s). 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) IDENTIFIED 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. [Remainder of page intentionally left blank. Signature page(s) to follow.| 0052035.00173 | 4929-5272-3569 v.2  Doc# 20251100355 10/14/2025 03:39 PM Page 4 of 8 Lucy Adame-Clark, Bexar County Clerk SUBSTITUTE TRUSTEE: By: - Victor Salazar STATE OF TEXAS § § COUNTY OF BEXAR § Before me, a Notary Public, on this day personally appeared Victor Salazar, 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 this 13th day of October, 2025. Notary Public in and for the State of Texas My Commission Expires: Oekoloeu 11,2075 [SEAL] | git, —_ALAINACARABALLO Le phe My Notary i # 135400014 me Expires October 19, 2025
Attachments: Exhibit A — Land Exhibit B — Mortgaged Property Signature Page to Notice of Foreclosure Sale  Doc# 20251100355 10/14/2025 03:39 PM Page 5 of 8 Lucy Adame-Clark, Bexar County Clerk Exhibit A LAND Tract P-58, 9.95 acres in New City Block 12858, The Way Subdivision, in the City of San Antonio, Bexar County, Texas, according to the plat thereof recorded in Volume 6900, Page 49, of the Deed and Plat Records of Bexar County, Texas, and being more particularly described as follows: BEGINNING at a found 1/2-inch iron rod at the South cutback corner at the intersection of the East right-of-way line of Fredericksburg Road (U.S. Highway 87 Business) and the Southeast right-of-way of Bluemel Road; THENCE North 12 degrees 29 minutes 00 seconds East (Bearings are based on the recorded plat) 55.01 feet with said cutback to a found 1/2-inch iron rod, the Northwest comer of this tract; THENCE North 41 degrees 25 minutes 00 seconds East 393.62 feet with the Southeast right-of- way line of Bluemel Road to a found 1/2-inch rod, the Northeast corner of this tract; THENCE South 48 degrees 28 Minutes 00 seconds East 733.50 feet to a found 1/2-inch iron rod, the Southeast corner of this tract; THENCE South 48 degrees 13 minutes 00 seconds West 445.27 feet to a found 1 inch iron pipe, an angle in the South line of this tract; THENCE South 55 degrees 10 minutes 00 seconds West 383.00 feet to a found 1/2-inch iron rod on the East right-of-way line of Fredericksburg Road, the Southwest corner of this tract; THENCE North 15 degrees 00 minutes 00 seconds West 676.00 feet with the East right-of-way line of Fredericksburg Road, to the POINT OF BEGINNING, containing 9.95 acres. Property Address: 9400 Fredericksburg Rd., San Antonio, Texas 78240 0052035.00173 | 4929-5272-3569 v.2 Exhibit A  Doc# 20251100355 10/14/2025 03:39 PM Page 6 of 8 Lucy Adame-Clark, Bexar County Clerk Exhibit B PROPERTY “Property” shall mean the following property, rights, interests and estates now owned, or hereafter acquired by Borrower: (a) Land. The real property described in Exhibit A attached above and made a part hereof (collectively, the “Land”); (b) Additional Land. All additional lands, estates and development rights hereafter acquired by Borrower for use in connection with the Land and the development of the Land and all additional lands and estates therein which may, from time to time, by supplemental mortgage or otherwise be expressly made subject to the lien of the Deed of Trust; (c) Improvements. The buildings, fixtures, additions, enlargements, extensions, modifications, repairs, replacements and improvements now or hereafter erected or located on the Land (collectively, the “Improvements’’), (d) Easements. All easements, rights-of-way or use, rights, strips and gores of land, streets, ways, alleys, passages, sewer rights, water, water courses, water rights and powers, air rights and development rights, and all estates, rights, titles, interests, privileges, liberties, servitudes, tenements, hereditaments and appurtenances of any nature whatsoever, in any way now or hereafter belonging, relating or pertaining to the Land and the Improvements, and the reversions and remainders, and all land lying in the bed of any street, road or avenue, opened or proposed, in front of or adjoining the Land, to the center line thereof and all the estates, rights, titles, interests, rights of dower, rights of curtesy, property, possession, claim and demand whatsoever, both at law and in equity, of Borrower of, in and to the Land and the Improvements, and every part and parcel thereof, with the appurtenances thereto; (e) Fixtures and Personal Property. All machinery, equipment, fixtures (including, but not limited to, all heating, air conditioning, plumbing, lighting, communications and elevator fixtures), furniture, software used in or to operate any of the foregoing and other property of every kind and nature whatsoever owned by Borrower, or in which Borrower has or shall have an interest, now or hereafter located upon the Land and the Improvements, or appurtenant thereto, and usable in connection with the present or future operation and occupancy of the Land and the Improvements and all building equipment, materials and supplies of any nature whatsoever owned by Borrower, or in which Borrower has or shall have an interest, now or hereafter located upon the Land and the Improvements, or appurtenant thereto, or usable in connection with the present or future operation and occupancy of the Land and the Improvements (collectively, the “Personal Property”), and the right, title and interest of Borrower in and to any of the Personal Property which may be subject to any security interests, as defined in the Uniform Commercial Code, as adopted and enacted by the state or states where any of the Property is located (the “Uniform Commercial Code’), and all proceeds and products of the above; (f) Leases and Rents. All leases, subleases, subsubleases, lettings, licenses, concessions or other agreements (whether written or oral) pursuant to which any Person is granted a possessory interest in, or right to use or occupy all or any portion of the Land and the Improvements, and every modification, amendment or other agreement relating to such leases, subleases, subsubleases, or other agreements entered into in connection with such leases, subleases, subsubleases, or other agreements and every guarantee of the performance and observance of the covenants, conditions and agreements to be performed and observed by the other party thereto, heretofore or hereafter entered into, whether before or after the filing by or against Borrower of any petition for relief under any Creditors Rights Laws (collectively, the “Leases”) and all 0052035.00173 | 4929-5272-3569 v.2 Exhibit B  Doc# 20251100355 10/14/2025 03:39 PM Page 7 of 8 Lucy Adame-Clark, Bexar County Clerk right, title and interest of Borrower, its successors and assigns therein and thereunder, including, without limitation, cash or securities deposited thereunder to secure the performance by the lessees of their obligations thereunder and all rents, additional rents, rent equivalents, moneys payable as damages or in lieu of rent or rent equivalents, royalties (including, without limitation, all oil and gas or other mineral royalties and bonuses), income, receivables, receipts, revenues, deposits (including, without limitation, security, utility and other deposits), accounts, cash, issues, profits, charges for services rendered, and other consideration of whatever form or nature received by or paid to or for the account of or benefit of Borrower or its agents or employees from any and all sources arising from or attributable to the Property, including, all receivables, customer obligations, installment payment obligations and other obligations now existing or hereafter arising or created out of the sale, lease, sublease, license, concession or other grant of the right of the use and occupancy of property or rendering of services by Borrower or Manager and proceeds, if any, from business interruption or other loss of income insurance whether paid or accruing before or after the filing by or against Borrower of any petition for relief under any Creditors Rights Laws (collectively, the “Rents”) and all proceeds from the sale or other disposition of the Leases and the right to receive and apply the Rents to the payment of the Debt; (g) Insurance Proceeds. All insurance proceeds in respect of the Property under any insurance policies covering the Property, including, without limitation, the right to receive and apply the proceeds of any insurance, judgments, or settlements made in lieu thereof, for damage to the Property (collectively, the “Insurance Proceeds”); (h) Condemnation Awards. All condemnation awards, including interest thereon, which may heretofore and hereafter be made with respect to the Property by reason of any taking or condemnation, whether from the exercise of the right of eminent domain (including, but not limited to, any transfer made in lieu of or in anticipation of the exercise of the right), or for a change of grade, or for any other injury to or decrease in the value of the Property (collectively, the “Awards”); (i) Tax Certiorari, All refunds, rebates or credits in connection with reduction in real estate taxes and assessments charged against the Property as a result of tax certiorari or any applications or proceedings for reduction; (j) Rights. The right, in the name and on behalf of Borrower, to appear in and defend any action or proceeding brought with respect to the Property and to commence any action or proceeding to protect the interest of Lender in the Property; (k) Agreements. All agreements, contracts, certificates, instruments, franchises, permits, licenses, plans, specifications and other documents, now or hereafter entered into, and all rights therein and thereto, respecting or pertaining to the use, occupation, construction, management or operation of the Land and any part thereof and any Improvements or any business or activity conducted on the Land and any part thereof and all right, title and interest of Borrower therein and thereunder, including, without limitation, the right, upon the happening of any default hereunder, to receive and collect any sums payable to Borrower thereunder; (1) Intangibles. All tradenames, trademarks, servicemarks, logos, copyrights, goodwill, books and records and all other general intangibles relating to or used in connection with the operation of the Property; (m)_Accounts. All reserves, escrows and deposit accounts maintained by Borrower with respect to the Property, including without limitation, the Accounts and all cash, checks, drafts, certificates, securities, investment property, financial assets, instruments and other property held therein from time to time and all proceeds, products, distributions or dividends or substitutions thereon and thereof (collectively, the “Accounts’”), 0052035.00173 | 4929-5272-3569 v.2 Exhibit B  Doc# 20251100355 10/14/2025 03:39 PM Page 8 of 8 Lucy Adame-Clark, Bexar County Clerk (n) Interest Rate Protection Agreement. The Interest Rate Protection Agreement (as defined in the Deed of Trust) and any replacement or substitute thereof; (0) Proceeds. All proceeds of any of the foregoing items set forth in subsections (a) through (n) including, without limitation, Insurance Proceeds and Awards, whether cash, liquidation claims (or other claims) or otherwise; and (p) Other Rights. Any and all other rights of Borrower in and to the items set forth in subsections (a) through (0) above.
FILE INFORMATION Document Number: 20251100355 Date/Time: to/14/2025 3:39:37 PM Pages: re INTHE OFFICIAL PUBLIC RECORDS OF BEXAR COUNTY LUCY ADAME — CLARK BEXAR COUNTY CLERK Total Fees: $2.00 0052035.00173 | 4929-5272-3569 v.2 Exhibit B