NCB 18519 BLK 27 LOT 40 (NORTHWEST CROSSING UT-5) "GUILBEAU/FM 1604" ANNXATN
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Year Built
EEE le Doc# 20251000371 09/15/2025 01:32 PM Page 1 of 5 Lucy Adame-Clark, Bexar County Clerk Nu eg NOTICE OF FORECLOSURE SALE
STATE OF TEXAS § § COUNTY OF BEXAR § KNOW ALL MEN BY THESE PRESENTS: Notice is hereby given of a public non-judicial foreclosure sale. 1, Property to Be Sold. The property to be sold is described as follows: SEE ATTACHED EXHIBIT “A” 2. Date, Time and Place of Sale. The sale is scheduled to be held at the following date, time, and place:
Date: October 7, 2025 Time: The sale shall begin no earlier than 10:00 a.m. or no later than three hours thereafter. The sale shall be completed by no later than 1:00 p.m. : Place: At the place designated by the Bexar County Commissioner’s Court for foreclosure sales in Bexar County, Texas at the Bexar County Courthouse in San Antonio, Texas. The Deed of Trust permits the Beneficiary to postpone, withdraw, or reschedule the sale for another day. In that case, the Trustee under the Deed of Trust need not appear at the date, time, and place of a scheduled sale to announce the postponement, withdrawal, or rescheduling. Notice of the date of any rescheduled foreclosure sale will be reposted and re-filed in accordance with the posting and filing requirements of the Texas Property Code. Such re-posting or re-filing may be after the date originally scheduled for this sale. 3. Terms of Sale. The sale will be conducted in 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. ERS SEE OC CCCS:CS:C:CC Doc# 20251000371 09/15/2025 01:32 PM Page 2 of 5 Lucy Adame-Clark, Bexar County Clerk Those desiring to purchase the property will need to demonstrate their ability to pay cash on the day the property is sold. The 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 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. 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 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. 4. Type of Sale. The sale is a non-judicial deed of trust lien foreclosure sale being conducted pursuant to the power of sale granted by the Deed of Trust dated December 14, 2023, executed by Mihaila Holdings Corp, as Grantor to Jim Cox, Trustee, filed of record as Document No. 00262358 of the Official Public Records of Bandera County, Texas (the “$600K Deed of Trust”); Deed of Trust dated August 29, 2024, executed by Mihaila Holdings Corp, as Grantor to Jim Cox, Trustee, filed of record as Document No. 00266208 of the Official Public Records of Bandera County, Fexas, and by Document No. 20250162848 filed of record of the Official Public Records of Bexar County, Texas (the “$420K Deed of Trust”); and Deed of Trust dated April 4, 2024, executed IE | Doc# 20251000371 09/15/2025 01:32 PM Page 3 of 5 Lucy Adame-Clark, Bexar County Clerk by Mihaila Holdings Corp, as Grantor to Jim Cox, Trustee, filed of record as Document No. 00263763 of the Official Public Records of Bandera County, Texas (the “$250K Deed of Trust”) as modified as modified on by Modification and Extension Agreement dated August 22, 2024, filed of ‘Record as Document No. 00267685 of the Official Public Records of Bandera County, Texas (the “Modification”). 5. Obligations Secured. The Deed of Trust provides that it secures the payment of the indebtedness and obligations therein described (the “Obligation”), including but not limited to that one certain Real Estate Lien Note dated December 14, 2023, in the original principal amount of $600,000.00 executed by Mihaila Holdings Corp, as Maker in favor of The First National Bank of Sonora, Texas DBA Sonora Bank as Payee (the “600K Note”); Real Estate Lien Note dated August 29, 2024, in the original principal amount of $420,000.00 executed by Mihaila Holdings Corp, as Maker in favor of The First National Bank of Sonora, Texas DBA Sonora Bank as Payee (the “$420K Note”); and Real Estate Lien Note (Revolving Line of Credit) February 2, 2024, in the original principal amount of $250,000.00 executed by Mihaila Holdings Corp, as Maker in favor of The First National Bank of Sonora, Texas DBA Sonora Bank as Payee (the “$250K Note”), as modified on by Modification and Extension Agreement dated August 22, 2024. The First National Bank of Sonora, DBA Sonora Bank is the current owner and holder of the Obligation and is the Beneficiary under the Deed of Trust. 6. Default and Request To Act. Default has occurred under the Deed of Trust and the Beneficiary has requested me, as Trustee, to conduct this sale. Notice is given that before the sale, the Beneficiary may appoint another person or trustee to conduct the sale. 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 ’ Doc# 20251000371 09/15/2025 01:32 PM Page 4 of 5 Lucy Adame-Clark, Bexar County Clerk THE TEXAS NATIONAL GUARD OR THE NATIONAL GUARD OF ANY OTHER STATE, OR AS A MEMBER OF A RESERVE COMPONENT OF THE ARMED FORCES OF THE UNITED STATES, PLEASE SEND WRITTEN NOTICE OF THE ACTIVE MILITARY DUTY MILITARY SERVICE TO THE SENDER OF THIS NOTICE IMMEDIATELY. Lo ne ICHAEL FLUME, Substitute Trustee 10127 Morocco Street, Suite 137 San Antonio, TX 78216 (210) 828-5641 [email protected] DATED: September _/5 , 2025
STATE OF TEXAS § COUNTY OF BEXAR § This instrument was acknowledged before me on the isk day of September 2025 by MICHAEL FLUME, Substitute Trustee. age LO 7 -_ Martha G. Monge Li gee exas My Commission Expires Notary Public in and for the State’o
Notary 1D 132811744 EEE Doc# 20251000371 09/15/2025 01:32 PM Page 5 of 5 Lucy Adame-Clark, Bexar County Clerk EXHIBIT “A” LEGAL DESCRIPTIONS Beirg a 0.453 acre tract of tad out of the Handrick Amok! Survey No, 59, Aodstract No. 3, in Bandera County, Texas; said 0.453 acres being out of a called 0.765 acre tract described in a Warranty Deed with Vendor's Lien recorded in Vot. 437, Pg. 592, Offidat Records of Bandera County, Texas; said 0.453 acres being more oartic tarly described by metes and bounds as follows; BEGINNING at a found iron rod, in the east right-of-way line of Slate Highway 173, for the southwest comer of said 0.765 acres, 2n angle point in the wes! line ol a Called 2.68 acre tract (recorded in Vol. 369, Pg. 405, Officiai Records of Bandera County, Texas) anc the southwest comer of the herein described tract, THENCE, following east right-of-way fine of Slale Highway 173, N 03°12'41" WW - 162.49 feet lo a found iron rod for the southwest! comer of a called 0.310 acre tract (recorded in Vol. 550, Pg. 813, Official Records of Bandera County, Texas) and the northwest comer of the hergin described tract, THENCE, following the south ine of said 9.310 acres over and across said 0.765 acres along or near a fence, N 84°39'35" E - 145.45 feet to a found iron rod, in the common line between said 0.765 and 2.68 acres, for the southeast comer of said 0.310 acres and the northeas! corner of the herein descdbed tact; THENCE, following common line between said 0.765 and 2.68 acres along or near a fance, S 14°92'42" E - 90.94 feet t a found iron rod far the southeast corner of said 0.765 acres and the southeast comer of the herein described tract; THENCE, continuing to follow the conznon line between said 0.765 and 2.68 acres along or near a fence, S 60°58'35" W a distance of 180.45 feet 10 the POINT OF BEGINNING. TRACT I (Bexar County Tract): Lot 40, Block 27, New City Block 18519, VACATING AND RESUBDIVISION PLAT OF NORTHWEST CROSSING, UNIT-5, situated in the City of San Antonio, Texas, according to the map or plat thereof, recorded in Volume 9200, Page 58, Deed and Plat Records, Bexar County, Texas. t TRACT 2 (Bandera County Tract): LOT 11, LOST VALLEY SHORES, SECTION IV, IN BANDERA COUNTY, TEXAS, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 2, PAGE 5, MAP AND PLAT RECORDS OF BANDERA COUNTY, TEXAS.
BEING A 2.14 acre tract of land out of the David Harvey Survey Number 30, Abstract 198, in Bandera County, Texas; and being more particularly described in Exhibit "A" attached hereto and made a part hereof. FILE INFORMATION Document Number: 20251000371 Date/Time: 9/15/2025 1:32:07 PM Total Pages: 5 FILED IN THE OFFICIAL PUBLIC RECORDS OF BEXAR COUNTY LUCY ADAME - CLARK : BEXAR COUNTY CLERK : Total Fees: $2.00
Appraised Value
$246,450
Default Amount
$600,000
Potential Savings: -$353,550
Auction Date
October 7, 2025 10AM
Foreclosure Type
mortgage
Current Owner
MIHAILA INVESTMENTS LLC
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