5827 NW LOOP 410

NCB 16474 BLK 1 LOT 1

Doc# 20251200233 11/10/2025 08:44 AM Page 1 of 7 Lucy Adame-Clark, Bexar County Clerk 0 0 NOTICE OF SUBSTITUTE TRUSTEE’S PARTIAL SALE (LEASEHOLD ESTATE ONLY) AND APPOINTMENT OF SUBSTITUTE TRUSTEE DEED OF TRUST: Amended and Restated Fee and Leasehold Deed of Trust and Security Agreement (together with any and all amendments, extensions, or other modifications, the “Deed of Trust’) described as follows:
Date: May 31, 2023
Grantors: LYND LIVING PARC 410 APARTMENTS LLC, a Delaware limited liability company and TEXAS ESSENTIAL HOUSING PUBLIC FACILITY CORPORATION, a Texas public corporation.
Original Trustee: | JAMES WIRZ, P.C. 1604 Crosson Drive Carrollton, Texas 75010 te


Beneficiary: BSPRT 2021-FL7 ISSUER, LTD., an exempt company incorporated with limited liability under the laws of the Cayman Islands. Recorded: Document No. 20230100953 in the real property records of Bexar County, Texas. Leasehold The leasehold estate in real property located in Bexar County, Texas, more Estate: particularly described in Exhibit A (the “Leasehold Estate’) attached hereto and incorporated herein by reference.



NOTE: Promissory Note (together with any and all amendments, renewals, modifications, restatements, and/or replacements thereof, the “Note”) described as follows:



Date: October 21, 2022 Maker: LYND LIVING PARC 410 APARTMENTS LLC, a Delaware limited liability company. Original | BSPRT CRE FINANCE, LLC, a Delaware limited liability company. Payee: Original THIRTY-FOUR MILLION TWO HUNDRED FIFTY-FIVE THOUSAND Principal AND NO/100 DOLLARS ($34,255,000.00). Amount:



BSPRT 2021-FL7 ISSUER, LTD., an exempt company incorporated with limited liability under the laws of the Cayman Islands, is the current holder of the Note, Deed of Trust, and other Loan  Doc# 20251200233 11/10/2025 08:44 AM Page 2 of 7 Lucy Adame-Clark, Bexar County Clerk Documents (as defined in the Loan Agreement). Default has occurred in the payment of the Note and in the performance of the obligations under the Deed of Trust. Because of that default, BSPRT 2021-FL7 ISSUER, LTD. has requested Substitute Trustee to sell the Leasehold Estate. TRUSTEE’S SALE OF LEASEHOLD ESTATE:
Mortgagee: BSPRT 2021-FL7 ISSUER, LTD., an exempt company incorporated with limited liability under the laws of the Cayman Islands (as successor-in-interest to BSPRT CRE FINANCE, LLC) (“Mortgagee”).


Mortgagor: LYND LIVING PARC 410 APARTMENTS LLC, a Delaware limited liability company. Date: DECEMBER 2, 2025, the first Tuesday of the month. Time: The sale of the Leasehold Estate will be held between the hours of 10:00 a.m. and 4:00 p.m. local time; the earliest time at which the Trustee’s Sale of the Leasehold Estate will begin is 10:15 a.m. and not later than three hours thereafter.
Place: The area designated by the Commissioners Court of Bexar County, Texas, pursuant to Section 51.002 of the Texas Property Code, or if no such location is designated by the Commissioners Court, the sale will be conducted at the place where this Notice of Substitute Trustee’s Partial Sale has been posted.
Terms of Sale: | The Trustee’s Sale will be conducted as a public auction and the Leasehold Estate will be sold to the highest bidder for cash, except that Mortgagee’s bid may be by credit against the indebtedness secured by the lien of the Deed of Trust. The purchase price is due and payable without delay on Substitute Trustee’s acceptance of the purchaser’s bid.
Substitute Jacob Sparks, Esq. Trustees: Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: [email protected] Brent T. Buyse, Esq. Nelson Mullins Riley & Scarborough LLP 3333 Lee Parkway, Suite 750 Dallas, Texas 75219 Email: [email protected]




Doc# 20251200233 11/10/2025 08:44 AM Page 3 of 7 Lucy Adame-Clark, Bexar County Clerk
Xenna K. Davis, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: [email protected] Miranda Granchi, Esq. Nelson Mullins Riley & Scarborough LLP 1111 Bagby Street, Suite 2100 Houston, Texas 77002 Email: [email protected]


The Deed of Trust encumbers, inter alia, both the fee interest and the leasehold interest in real property. Formal notice is hereby given of Mortgagee’s election to proceed against and sell only the Leasehold Estate described in the Deed of Trust in accordance with Mortgagee’s rights and remedies under the Deed of Trust. The sale is referred to herein as the “Trustee’s Sale of the Leasehold Estate” because Mortgagee is selling only the Leasehold Estate. If the Trustee’s Sale of the Leasehold Estate does not result in full satisfaction of all indebtedness now due, the lien and security interest of the Deed of Trust shall remain in full force and effect with respect to any property interest not sold at the Trustee’s Sale of the Leasehold Estate, including the fee interest in the real property and the personal property encumbered by the Deed of Trust. In accordance with the Deed of Trust, Loan Agreement, and other Loan Documents, Mortgagee’s interests in the non-foreclosed property shall remain unaffected and intact in all respects, irrespective of the outcome of the Trustee’s Sale of the Leasehold Estate. Notwithstanding the sale of the Leasehold Estate, Mortgagee reserves the right to, at a future time, conduct a sale, by foreclosure, power of sale or otherwise, in one or more sales, as an entirety or in parcels, at such time and place, upon such terms and after such notice thereof as may be required or permitted by law, of (a) the fee interest secured by the Deed of Trust; (b) the personal property secured by the Deed of Trust; or (c) less than the real property secured by the Deed of Trust. Mortgagee reserves all rights under the Note, Deed of Trust, and other Loan Documents. If Mortgagee passes the Trustee’s Sale of the Leasehold Estate, 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. The Trustee’s Sale of the Leasehold Estate 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 Trustee’s Sale of the Leasehold Estate will necessarily be made subject to all prior matters of record affecting the Leasehold Estate, if any, to the extent that 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. Pursuant to Section 51.009 of the Texas Property Code, THE LEASEHOLD ESTATE WILL BE SOLD “AS IS,” WITHOUT ANY EXPRESSED OR IMPLIED WARRANTIES, except 
Doc# 20251200233 11/10/2025 08:44 AM Page 4 of 7 Lucy Adame-Clark, Bexar County Clerk as to the warranties (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 real property. Pursuant to Section 51.0075(a) of the Texas Property Code, Substitute Trustee reserves the right to set further reasonable conditions for conducting the Trustee’s Sale of the Leasehold Estate. Any such further conditions shall be announced before bidding is opened for the first sale of the day held by Substitute Trustee. NOTICE: ASSERT AND PROTECT YOUR RIGHTS AS A MEMBER OF THE ARMED FORCES OF THE UNITED STATES. IF YOU 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. SUBSTITUTE TRUSTEE: Pursuant to the authority of Section 51.0075 of the Texas Property Code, and in accordance with the terms and conditions of the Deed of Trust, Mortgagee has appointed Jacob Sparks, Brent T. Buyse, Xenna K. Davis, and Miranda Granchi (each, the “Substitute Trustee’), as the substitute trustees, in the place and stead of and to succeed to all of the rights, titles, estates, powers, privileges, and authorities granted in the Deed of Trust to the original trustee and any previously appointed substitute trustees. The name and address of the Substitute Trustees are as follows:

Jacob Sparks, Esq. Brent T. Buyse, Esq. Nelson Mullins Riley & Scarborough LLP Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 3333 Lee Parkway, Suite 750 Plano, Texas 75024 Dallas, Texas 75219 Email: [email protected] Email: [email protected] Xenna K. Davis, Esq. Miranda Granchi, Esq. Nelson Mullins Riley & Scarborough LLP Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 1111 Bagby Street, Suite 2100 Plano, Texas 75024 Houston, Texas 77002 Email: [email protected] Email: [email protected]



[The remainder of this page is intentionally left blank. ]  Doc# 20251200233 11/10/2025 08:44 AM Page 5 of 7 Lucy Adame-Clark, Bexar County Clerk IN WITNESS WHEREOF, the Substitute Trustee has signed this Notice of Substitute Trustee’s Partial Sale (Leasehold Estate Only) as of November £, 2025. SUBSTITUTE TRUSTEE: Z : Ss Esq. Nelson Mullins Riley & Scarborough LLP 3333 Lee Parkway, Suite 750 Dallas, Texas 75219 Email: [email protected]
Jacob Sparks, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: [email protected] Xenna K. Davis, Esq. Nelson Mullins Riley & Scarborough LLP 5830 Granite Parkway, Suite 1000 Plano, Texas 75024 Email: [email protected] Miranda Granchi, Esq. Nelson Mullins Riley & Scarborough LLP 1111 Bagby Street, Suite 2100 Houston, Texas 77002 Email: Miranda [email protected]  Doc# 20251200233 11/10/2025 08:44 AM Page 6 of 7 Lucy Adame-Clark, Bexar County Clerk STATE OF TEXAS § Nona § county or Dalias’ g This instrument was ACKNOWLEDGED before me on November 7, 2025, by Brent T. Buyse, known to me to be the person whose name is subscribed to the foregoing instrument. [SEAL] Neb K& Lhafor Notary Public in and for the State of Texas My Commission Expires: S he Ia uS , afer SHELIA K SHAFER K sf | Notary ID #8191878 s\ faj_ My Commission Expires Pe July 5, 2026









 Doc# 20251200233 11/10/2025 08:44 AM Page 7 of 7 Lucy Adame-Clark, Bexar County Clerk EXHIBIT A LEGAL DESCRIPTION Lot 1, Block 1, New City Block 16474, Leon Ridge Subdivision, in the City of San Antonio, Bexar County, Texas, according to the map or plat thereof recorded in Volume 8700, Page 176, Deed and Plat Records, Bexar County, Texas. For Information Only: Premises address reference: 5827 NW Loop 410, San Antonio, Texas 78238 Tax Account No.: 617253 LEASEHOLD ESTATE lL. That certain Lease Agreement, dated as of the date hereof between PFC (as lessor) and Borrower (as lessee) in connection with the Property. 2 That certain Regulatory Agreement. dated as of the date hereof between PFC and Borrower in connection with the Property. FILE INFORMATION pocument Number: 20251200233 ‘ate/Time: 11/10/2025 8:44: Total Pape: v 25 8:44:57 AM THE OFFICIAL PU RECORDS OF BEXAR COUNTY LUCY ADAME — CLARK BEXAR COUNTY CLERK Total Fees: $2.00