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326 WHITEWOOD ST

SAN ANTONIO, TX 78242
active
ID: 000000583534
326 WHITEWOOD ST
active
Property image 2
Legal Description

NCB 15655 P-13K ABS 16

;
Property Overview

Bedrooms

Bathrooms

83,328

Sq Ft

1969

Year Built

Foreclosure Description

Doc# 20250900264 08/11/2025 09:14 AM Page 1 of 6 Lucy Adame-Clark, Bexar County Clerk
| NOTICE OF SUBSTITUTE TRUSTEE’S SALE August 11, 2025 (the “Effective Date”) Notice is hereby given that a public sale, at auction, of the Property (as that term is defined and described below) will be held at the date, time and place specified in this notice.
DATE OF SALE: September 2, 2025 (which is the first Tuesday of that month). TIME OF SALE: The earliest time at which the sale shall occur is 10:00 a.m. The sale shall begin at that time or not later than three (3) hours after that time. PLACE OF SALE: The sale will take place on the front steps of the Bexar County Courthouse, or if such area is no longer the designated area, at the area most recently designated by the Bexar County Commissioner’s Court, pursuant to Section 51.002 of the Texas Property Code. INDEBTEDNESS PROMPTING SALE: Promissory Note dated as of August 5, 2022, executed by 326 Whitewood Property Owner LLC, a Delaware limited liability company (“Borrower”), as maker, payable to the order of LFT The Establishment, LLC, a Delaware limited liability company, as successor in interest to Lument Structured Finance, LLC (f/k/a OREC Structured Finance Co., LLC) (“Lender”), as payee, in the maximum principal amount of $10,232,000.00 (the “Note”. DEED OF TRUST CREATING LIEN THAT IS THE SUBJECT OF SALE: Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture F iling dated as of August 5, 2022, executed by Borrower and recorded in the Official Public Records of Real Property of Bexar County, Texas, under County Clerk’s File No. 20220192780 (the “Deed of Trust”) PROPERTY BEING SOLD: All land, improvements, and personal property described as the Property or otherwise described as collateral in the Deed of Trust (and not previously released from the Deed of Trust); the legal description of the land to be sold is attached hereto as Exhibit A and made a part hereof for all purposes; provided, however, the description of the land, improvements, and personal property in the Deed of Trust (and not previously released from 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 “Property,” for all purposes hereof, means all property, real, personal, tangible and intangible, including, without limitation, the land described on Exhibit A attached hereto, which constitutes collateral under, and described in, the Deed of Trust (and not previously released from the Deed of Trust) (collectively, the “Property”).
HOLDER: Lender is the current owner of the right to payments and the outstanding indebtedness evidenced by the Note and Lender is the current beneficiary under the Deed of Trust and the beneficiary of the liens, security interests, terms and provisions contained within the Deed of Trust. SUBSTITUTE TRUSTEES: Louis Stahl, Tracy Allen, and Howard Schreiber (collectively, the “Substitute Trustees”), having an address of c/o Hunton Andrews Kurth LLP, 1445 Ross Avenue, Notice of Substitute Trustee's Sale — San Antonio — Page 1
7 » Doc# 20250900264 08/11/2025 09:14 AM Page 2 of 6 Lucy Adame-Clark, Bexar County Clerk Suite 3700, Dallas, Texas 75202, who previously have been appointed the Substitute Trustees by Lender as provided in the Deed of Trust. Events of default have occurred with regard to the Note and all applicable cure periods, if any, have expired; accordingly, all of the unpaid principal balance of the Note, together with all accrued and unpaid interest thereon and all other amounts due with regard to the loan evidenced by the Note, remain due and payable in full. Lender has requested that any of the Substitute Trustees (and without the joinder of any of the others) sell the Property for cash or by credit bid (if Lender is the successful bidder), the proceeds of such sale to be applied in accordance with the provisions of the Deed of Trust. Lender has also requested that any of the Substitute Trustees (and without the joinder of any of the others) sell all of the components of the Property that are personal property, including, without limitation, (a) all equipment, fixtures, and other articles of personal property encumbered by the Deed of Trust, (b) all accounts and all funds therein and rights thereto, and (c) all contracts, including, without limitation, all leases to the extent such leases are not terminated as a result of the foreclosure sale contemplated by this notice, in accordance with the terms of Article 9 of the Texas Business and Commerce Code. The sale of such personal property will be held at the same time and place as the above-described real property sale; provided, however, to the extent permitted by the Deed of Trust and Article 9 of the Texas Business and Commerce Code, any of the Substitute Trustees (and without the joinder of any of the others) has been instructed to proceed as to both the real and personal property in accordance with the rights and remedies of the owner of the indebtedness with respect to the Property. Therefore, notice is hereby given that, at the date, time and place set forth above, Substitute Trustee(s) will sell the Property (including all of the real property and personal property components thereof) to the successful bidder for cash or by credit bid (if Lender is the successful bidder), pursuant to the terms of the Deed of Trust and applicable law. Notice is further given that Lender may postpone, withdraw or reschedule the scheduled sale for another day. Notice of the date, time and place of any rescheduled sale will be reposted and refiled in accordance with the posting and filing requirements of the Texas Property Code and the Deed of Trust. Notice is further given that, in accordance with Texas Property Code Section 51.0075, each Substitute Trustee, as applicable, reserves the right to set additional, reasonable conditions for conducting the sale. Notice is further given that, pursuant to the authority granted in the Deed of Trust, any of the Substitute Trustees (and without the joinder of any of the others) may sell all or any part of the Property together or separately, in one sale or by separate sales. Notice is further given that, in the event Lender elects to assign or transfer its tights under the Deed of Trust prior to the scheduled sale, the assignee or transferee shall be entitled to all the benefits afforded to Lender under the Deed of Trust. Notice of Substitute Trustee's Sale - San Antonio — Page 2 ‘ Doc# 20250900264 08/11/2025 09:14 AM Page 3 of 6 Lucy Adame-Clark, Bexar County Clerk Notice is further given that, in accordance with Texas Property Code Section 51.009, the Property will be sold “AS IS”, without any express or implied warranties, except as to the warranties of title, if any, required by the Deed of Trust, and at the purchaser’s own risk. THE SALE OF THE PROPERTY IS AND SHALL BE “AS-IS,” “WHERE-IS” AND “WITH ALL FAULTS” AND WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND BY ANY OF THE SUBSTITUTE TRUSTEES OR LENDER, EXPRESS, IMPLIED, STATUTORY, QUASI-STATUTORY OR OTHERWISE, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE BEING EXPRESSLY DISCLAIMED. NONE OF THE SUBSTITUTE TRUSTEES OR LENDER MAKES ANY REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE COMPLIANCE WITH THE LAWS, RULES, AGREEMENTS OR SPECIFICATIONS, CONDITION, QUALITY, ENVIRONMENTAL CONDITION, CAPACITY, DESIGN, OPERATION, ABSENCE OF ANY LATENT DEFECTS OR ANY OTHER WARRANTY OR REPRESENTATION WHATSOEVER WITH RESPECT TO THE PROPERTY, ALL OF WHICH ARE HEREBY DISCLAIMED. IN ACCORDANCE WITH TEXAS PROPERTY CODE SECTION 51.002(i), NOTICE IS FURTHER GIVEN THAT: YOU ARE ENTITLED TO ASSERT AND PROTECT YOUR RIGHTS AS A MEMBER OF. THE ARMED FORCES OF THE UNITED STATES. IF YOU OR YOUR SPOUSE ARE 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. [SIGNATURE PAGE FOLLOWS] Notice of Substitute Trustee's Sale — San Antonio — Page 3 i a , Doc# 20250900264 08/11/2025 09:14 AM Page 4 of 6 Lucy Adame-Clark, Bexar County Clerk IN WITNESS WHEREOF, this Notice of Substitute Trustee’s Sale has been executed to be effective as of the Effective Date. 2 ” a a a o | By: ” sti STAHL, a Since itute Trustee STATE OF TEXAS § COUNTY OF DALLAS —§ : This instrument was acknowledged before me on August 7. 2025, by Louis Stahl, as a Substitute Trustee, in the capacity herein stated.

Notary Public in Printed Name: My Commission Expires: TRACY ALLEN 2 Notary Public, State of Texas! Bae Notary 1D 8659392
| | | B MS Comm. Expires 02-10-2028 i | |
Signature Page - Notice of Substitute Trustee's Sale
| Doc# 20250900264 08/11/2025 09:14 AM Page 5 of 6 Lucy Adame-Clark, Bexar County Clerk EXHIBIT A al Description A Metes and Bounds description of a 6.572 acre (286,263 square feet) tract of land situated in New City Block 15655, City of San Antonio, Bexar County, Texas; being all of that certain 6.623 acre tract described in instrument to San Antonio Apartments, Ltd recorded in Volume 3469, Page 478 of the Bexar County Real Property Records, SAVE AND EXCEPT a 1496 square feet area of deed conflict with the adjoining 5.932 acre tract described in instrument to Vergara Properties One, LLC recorded in Volume 13333, Page 2245 of the Bexar County Real Property Records; and being more particularly described by metes and bounds as follows: BEGINNING at a 1/2-inch iron rod found in the easterly right-of-way line of Whitewood Drive (83 feet wide, Vol.4305, Pg.3, Bexar County Deed and Plat Records) marking the northwest corner of the herein described tract and the southwest corner of said 5.932 acre tract; THENCE, South 81°25'13" East, 404.27 feet along the southerly boundary of said 5.932 acre tract; and along the southerly boundary of that certain 6.941 acre tract described in instrument to Donald J. Guillory, et ux, recorded in Volume 13789, Page 1594 of the Bexar County Real Property Records; and along the southerly boundary of a 40-foot wide CPS electric easement recorded in Volume 2515, Page 256 of the Bexar County Deed Records; to a 1/2-inch iron rod found marking the northern-most northwest corner of that certain 4.931 acre tract described in instrument to St. Efrain the Syrian Orthodox Church recorded in Volume 13210, Page 2062 of the Bexar County Real Property Records; THENCE, along the westerly boundaries of said 4.931 acre tract the following fourteen(14) courses and distances: 1. South 07°14'53" West, 70.58 feet to a 1/2-inch iron rod found for comer; 2. North 87°44'02" West, 15.04 feet to a 1/2-inch iron rod found for corner; 3. South 12°31'18" West. 73.09 feet to a 1/2-inch iron rod (with cap stamped "3501") found for corner; 4, North 77°29'13" West, 5.96 feet to a 1/2-inch iron rod (with cap stamped "3501") found for corner; 5. South 12°32'31" West, 50.06 feet to a 1/2-inch iron rod (with cap stamped "3501") found for corner; 6. South 79°42'45" East, 12.24 feet to a 1/2-inch iron rod (with cap stamped "3501") found for corner; 7. South 06°43'57" East, 47.03 feet to a railroad spike found for corner; 8. South 63°10'48" East, 107.92 feet to a railroad spike found for corer; 9. South 26°24'18" West, 5.97 feet to a railroad spike found for corner; 10. South 63°10'58" East, 53.05 feet to a 1/2-inch iron rod found for corner; 11. South 80°07'29" East, 56.99 feet to a 1/2-inch iron rod found for corner; 12. South 10"20'15" West, 116.97 feet to a 1/2-inch iron rod found for corner; EEE LEE ee eae ees Doc# 20250900264 08/11/2025 09:14 AM Page 6 of 6 Lucy Adame-Clark, Bexar County Clerk : 13. South 02"01'09" East, 126.80 feet to a 1/2-inch iron rod (with cap stamped "3501") found for comer; 14, South 68"22'10" West, 261.02 feet to a 1/2-inch iron rod (with cap stamped "3501") found for corner in the northeasterly boundary of that certain "2.2590 acre tract" mentioned in instrument to Azaca, LLC recorded in Volume 14640, Page 1068 of the Bexar County Real Property Records (no metes & bounds description attached); THENCE, along the northeasterly boundaries of said "2.2590 acre tract" and that certain 0.616 acre tract described in instrument to Azaca, LLC recorded in Volume 14637, Page 1518 of the Bexar County Real Property Records the following two (2) courses and distances: 1. North 53°32'58" West, 312.64 feet to a 1/2-inch iron rod found at an angle point; 2. North 24°05'26" West, 233.74 feet to a 1/2-inch iron rod (with cap stamped "JONES & CARTER") set for corner in the aforementioned easterly tight-of-way line of Whitewood Drive; THENCE, North 08°26'00" East, 327.72 feet along said easterly right-of-way line to the POINT OF BEGINNING, containing 6.572 acres of land in Bexar County, Texas as shown on drawing filed under Job No. S0759-001-00 in the office of Jones and Carter, Inc, San Antonio, Bexar County, Texas.
For Informational Purposes Only: Property Address: 326 Whitewood St., San Antonio, TX 78242 Parcel ID: 583534 Geographic ID: 15655-000-0139
“FILE INFORMATION Document Number: 20250900264 Date/Time: 8/11/2025 9:14:52 AM Total Pages: 6 FILED IN THE OFFICIAL PUBLIC RECORDS OF BEXAR COUNTY LUCY ADAME ~— CLARK BEXAR COUNTY CLERK Total Fees: $2.00 099900.0025013 DMS 352330325v2

Property Details
Property ID:000000583534
Owner Name:326 WHITEWOOD PROPERTY OWNER LLC
County:Bexar County
Year Built:1969
Living Area:83,328 sq ft
Bedrooms:
Status:
active
Images Available:Yes
Coordinates:29.366198911764705,-98.60091279411765
Pricing Information

Appraised Value

$7,300,000

Default Amount

$10,232,000

Potential Savings: -$2,932,000

Auction Information

Auction Date

September 2, 2025 10AM

Foreclosure Type

mortgage

Owner Information

Current Owner

326 WHITEWOOD PROPERTY OWNER LLC

Location & County Info

Coordinates

29.366198911764705,-98.60091279411765

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