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13050 PARK CROSSING DRIVE

SAN ANTONIO, TX 78217
active
ID: 000001125641
No image available
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Legal Description

NCB 17167 BLK 50 LOT 3 (REFLECTION LAKE CONDOMINIUM) COMMON ELEMENT/MASTER FILE ACCT

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Property Overview

Bedrooms

Bathrooms

1,600

Sq Ft

1983

Year Built

Foreclosure Description

Doc# 20251000335 09/12/2025 03:39 PM Page 1 of 5 Lucy Adame-Clark, Bexar County Clerk 0 A HON eS-20251 35%





NOTICE OF SUBSTITUTE TRUSTEE’S SALE (Fulcrum Lending / Drake Apartments) September 9, 2025 (the “Effective Date”) Notice is hereby given that a Foreclosure! of the Property (defined below) will be held at the date, time and place specified in this notice. DATE OF SALE: Tuesday, October 7, 2025 (the first 1‘ Tuesday of that month). TIME OF SALE: The earliest time at which the Foreclosure will occur is 10:00 AM (Bexar County, Texas time). The Foreclosure shall begin at that time or not later than three (3) hours thereafter. PLACE OF SALE: The Foreclosure will take place at the location designated by the Commissioner’s Court of Bexar County, Texas as the location where nonjudicial foreclosure sales are to take place. If no such location has been designated, the Foreclosure will take place at the location where nonjudicial foreclosure sales in Bexar County, Texas are typically conducted. INDEBTEDNESS PROMPTING SALE: The Loan.” DEED OF TRUST CREATING LIEN THAT IS THE SUBJECT OF SALE: The Deed of Trust.’ PROPERTY BEING SOLD: The Property‘, which has a street address of 13050 Park Crossing Drive, San Antonio, Texas 78217, in Bexar County, Texas. ' “Foreclosure” means a public nonjudicial foreclosure sale, at auction. 2 “Loan” means the debt evidenced by the Note (defined below). “Note” means, collectively, (i) that certain Note A, dated September 26, 2023, executed by Borrower (defined below), payable to the order of Original Noteholder (defined below), as payee, in the original principal amount of $2,734,834.00; and (ii) that certain Note B, dated September 26, 2023, executed by Borrower, payable to the order of Original Noteholder, as payee, in the original principal amount of $371,666.00. “Original Noteholder” means Fulcrum Lending Corporation, a Delaware corporation. “Borrower” means CHASSEUR REALTY INVESTORS-THE DRAKE LP, a New Jersey limited partnership. + “Deed of Trust” means that certain Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing, dated effective September 26, 2023, executed and delivered by Borrower, as grantor, to Patrick Doyle, as trustee for the benefit of Original Noteholder, as beneficiary, recorded as Instrument No. 20230178126 in the Real Property Records in Bexar County, Texas, as corrected by that certain Correction to Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing, dated effective September 26, 2023, executed by Maxwell Wu, recorded as Instrument No. 20250120660 in Bexar County, Texas, covering, among other things, the Property. 4 “Property” means that certain real property, personal property, and general intangibles described in the Deed of Trust, the rea! property of which is located at the street address 13050 Park Crossing Drive, San Antonio, Texas 78217, in Bexar County, Texas, and more particularly described on Exhibit “A”, attached hereto and incorporated herein by reference. 1 Loan No.: 390001001; 390001002 Borrower: CHASSEUR REALTY INVESTORS-THE DRAKE LP Property: 13050 Park Crossing Drive, San Antonio, Texas 78217 4524570896 v3 237375.00002 NOTICE OF SUBSTITUTE TRUSTEE’S SALE
Doc# 20251000335 09/12/2025 03:39 PM Page 2 of 5 Lucy Adame-Clark, Bexar County Clerk ASSIGNMENTS/TRANSFERS; NOTEHOLDER: Pursuant to certain endorsements, assignments, and/or transfers of the Loan Documents,’ Noteholder® 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, Noteholder 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 (including just prior to the nonjudicial foreclosure sale). You may contact Maxwell J. Wu with Noteholder at c/o Fulcrum Lending Corporation, 216 East 45th Street, Floor 13, New York, NY 10017, Attention: Maxwell J. Wu, (424) 337-1677 (telephone) to determine whether Noteholder has endorsed, assigned and/or transferred the Loan Documents to a third-party and, if they have, to obtain the name, address, and other contact information of the successor noteholder.
ACTIVE MILITARY DUTY NOTICE: To 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. SUBSTITUTE TRUSTEES: Pursuant to the Appointment,’ the Substitute Trustees® were each appointed a substitute trustee under the Deed of Trust. Any one (1) of the Substitute Trustees (including the Substitute Trustee that signed this Notice of Substitute Trustee’s Sale) may conduct the nonjudicial foreclosure sale. The Loan is in default. As required by the terms and provisions contained within the applicable Loan Documents, all required notices have been provided and all applicable cure periods have expired. Accordingly, the maturity date of the Note has been accelerated and, therefore, all of the (i) unpaid principal due under the Note, (ii) accrued interest due under the Note, and (iii) other amounts provided for in the Loan Documents are now due and payable in full. Noteholder has requested that any one (1) of the Substitute Trustees, each of whom is a substitute trustee under the Deed of Trust, sell the Property for cash, the proceeds of such nonjudicial foreclosure sale to be applied in accordance with the terms and provisions of the Loan Documents and applicable law. > “Loan Documents” means, collectively, the Loan Agreement (defined below), the Note, the Deed of Trust, and any and all other documents executed in connection therewith and/or relating in any way thereto. “Loan Agreement” means that certain Loan Agreement, dated September 26, 2023, entered into by and between Borrower and Original Noteholder. 6 “Noteholder” means Drake Reperforming SPE, LLC, a Delaware limited liability company. 7 “Appointment” means that certain Appointment of Substitute Trustees and Request to Act, dated July 8, 2025, recorded as Instrument No. 20250124629 in the Real Property Records in Bexar County, Texas. * “Substitute Trustees” means each of the following: Sam Murphy of Dallas County, Texas, Holland & Knight LLP, 1722 Routh Street Suite 1500, Dallas, Texas 75201, (214) 969- 2523 (telephone), [email protected] (email). Brandon King of Travis County, Texas, Holland & Knight LLP, 98 San Jacinto Boulevard, Suite 1900, Austin, Texas 78701, (512) 469-6126 (telephone), Brandon. [email protected] (email). Jared Lampson of Travis County, Texas, Holland & Knight LLP, 98 San Jacinto Boulevard, Suite 1900, Austin, Texas 78701, (512) 954-6536 (telephone), Jared. [email protected] (email). Jacob Franzen of Dallas County, Texas, Holland & Knight LLP, 1722 Routh Strect Suite 1500, Dallas, Texas 75201 (24) 627- 1745 (telephone), [email protected] (email). Loan No.: 390001001; 390001002 Borrower: CHASSEUR REALTY INVESTORS-THE DRAKE LP Property: 13050 Park Crossing Drive, San Antonio, Texas 78217 #524570896 v3 237375.00002 NOTICE OF SUBSTITUTE TRUSTEE’S SALE
Doc# 20251000335 09/12/2025 03:39 PM Page 3 of 5 Lucy Adame-Clark, Bexar County Clerk Noteholder has further requested that any one (1) of the Substitute Trustees sell all of the components of the Property that are personal property (including general intangibles) and/or fixtures at the same time and place as the Foreclosure of the real property. Accordingly, pursuant to and in accordance with the terms of Section 9.604 of the Texas Business and Commerce Code, the Foreclosure of the personal property, general intangibles, and fixtures will be held at the same time and place as the Foreclosure of the real property. Therefore, at the date, time, and place set forth above, one (1) of the Substitute Trustees will sell the Property to the highest bidder for cash pursuant to the terms of the Loan Documents and applicable law. [signature page follows] Loan No.: 390001001; 390001002 Borrower: CHASSEUR REALTY INVESTORS-THE DRAKE LP Property: 13050 Park Crossing Drive, San Antonio, Texas 78217 #524570896_v3 237375.00002 NOTICE OF SUBSTITUTE TRUSTEEF’S SALE
Doc# 20251000335 09/12/2025 03:39 PM Page 4 of 5 Lucy Adame-Clark, Bexar County Clerk IN WITNESS WHEREOF, this Notice of Substitute Trustee’s Sale has been executed to be enforceable on the Effective Date. By: Name: Jaréd Lampson Title: Substitute Trystee
STATE OF TEXAS § § COUNTY OF TRAVIS § This instrument was acknowledged before me on September 9, 2025, by Jared Lampson, as substitute trustee, in the capacity herein stated. [SEAL]
Comm. Expires 07-18-2026 Notary ID 133865502
Loan No.: 390001001; 390001002 Borrower: CHASSEUR REALTY INVESTORS-THE DRAKE LP Property: 13050 Park Crossing Drive, San Antonio, Texas 78217 NOTICE OF SUBSTITUTE TRUSTEE’S SALE
Doc# 20251000335 09/12/2025 03:39 PM Page 5 of 5 Lucy Adame-Clark, Bexar County Clerk EXHIBIT “A” to Notice of Substitute Trustee’s Sale Real Property Lot 3, Block 50, of NEW CITY BLOCK 17167, NORTHERN HILLS, UNIT-19, a Subdivision in Bexar County, Texas, according to the map or plat thereof, recorded in Book 9400, Page 83, of the Deed and Plat Records of Bexar County, Texas, also known as: Units 101, 102, 103, 104, 201, 202, 203, 204, 301, 302, 303, 304, 401, 402, 403, 404, 501, 502, 503, 504, 505, 506, 507, 508, 601, 602, 603, 604, 605, 606, 607, 608, 609, 610, 611, 612, 701, 702, 703 and 704, and, its appurtenant undivided interest in and to the general and limited common elements of REFLECTION LAKE CONDOMINIUM, a condominium regime in Bexar County, Texas, according to the Condominium Declaration, dated November 11, 2007, recorded in/under 13347/2193 (aka 20080029467), of the Official Public Records of Bexar County, Texas, when taken with all Amendments and/or Supplements thereto. FILE INFORMATION Document Number: 20251000335 Date/Time: 9/12/2025 3:39:30 PM Total Pages: 5 FILED IN THE OFFICIAL PUBLIC RECORDS OF BEXAR COUNTY LUCY ADAME— CLARK BEXAR COUNTY CLERK Total Fees: $2.00 EXHIBIT “A” Loan No.: 390001001; 390001002 Borrower: CHASSEUR REALTY INVESTORS-THE DRAKE LP Property: 13050 Park Crossing Drive San Antonio, Texas 78217 #524570896 v3 237375.00002 NOTICE OF SUBSTITUTE TRUSTEE’S SALE

Property Details
Property ID:000001125641
Owner Name:13050 PARK CROSSING LLC
County:Bexar County
Year Built:1983
Living Area:1,600 sq ft
Bedrooms:
Status:
active
Images Available:No
Coordinates:29.56001570533518,-98.4138644876198
Pricing Information

Appraised Value

$821,600

Default Amount

$2,734,834

Potential Savings: -$1,913,234

Auction Information

Auction Date

October 7, 2025 10AM

Foreclosure Type

mortgage

Owner Information

Current Owner

13050 PARK CROSSING LLC

Location & County Info

Coordinates

29.56001570533518,-98.4138644876198

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