1218 GRANT ST

BETTERTONS BLK E/3365 W 1/2 LT 13

NOTICE OF FORECLOSURE SALE
Deed of Trust:
Dated:
Grantor:
Trustee:
Lender:
Loan Servicer:
Recorded:
Secures:
Maturity Date:
Legal Description:
FORECLOSURES
Date:
Time:
Place:
Terms of Sale: E: ,_ ;-:·_ •_: _:_ .. ;~ ::~ C :~1 April 2, 2024 , : --:-·,-: .,·,
IM, LLC, A TEXAS LIMITED LIABILITY COMP.ANY<:!'.: 1 '{
Chris Ferguson, managing attorney of Jack: O~BoyleandAssociates,
a professional limited liability company
Capital Fund I, LLC, an Arizona limited liability company
Capital Fund I, LLC, an Arizona limited liability company
Instrument #2024-202400069333, recorded on April 9, 2024, in
the official Real Property (Deed) Records of DALLAS COUNTY,
Texas
Promissory Note ("Note") in the original principal amount of
$367,000.00, executed by IM, LLC, A TEXAS LIMITED
LIABILITY COMP ANY ("Borrower") and payable to the order of
Lender
April 1, 2025
Being the West Half of Lot 13, Block E, 3365, BETTERTON'S
ADDffiON, an addition to the City of Dallas, Dallas County,
Texas, according to the map or plat thereof, recorded in Volume
102, Page 553, Deed Records, Dallas County, Texas; and more
commonly known as 1218 Grant Street, Dallas, Texas 75203.
Tuesday, September 2, 2025
The sale of the Property will be held between the hours of 1:00 p.m.
and 4:00 p.m. local time; the earliest time at which the Foreclosure
Sale will begin is 1 :00 p.m. and not later than three hours thereafter.
ON THE NORTH SIDE OF THE GEORGE ALLEN COURTS
BUILDING FACING COMMERCE STREET BELOW THE
OVERHANG, OR IF THE PRECEDING AREA IS NO LONGER
THE DESIGNATED AREA, AT THE AREA MOST RECENTLY
DESIGNATED BY THE COUNTY COMMISSIONERS COURT
The Foreclosure Sale will be conducted as a public auction and the
Property will be sold to the highest bidder for cash, except that
Lender's or Loan Servicer' s bid may be by credit against the
indebtedness secured by the lien of the Deed of Trust.
Substitute Truste : Bennett M. Wyse, Ted Gambordella, Shelley Ortolani, Mary
Mancuso, Michele Hreha, Francesca Ortolani, Guy Wiggs, David
Stockman, Brenda Wiggs, Donna Stockman, Janet Pinder, Brandy
NOTICE OF FORECLOSURE ALE
f lllf tlllf W[!l~UWII IIIII HI 1111 PAGE 1 OF3
4849761 Bacon, Michelle Schwartz, Jamie Dworsky, Angela Cooper, Carol
Dunmon, Payton Hreha, AND/OR Jeff Benton
Default has oc urred in the payment of the Note and in the performance of the obligations
of the Deed of Trust. Because of that default, Lender, the owner and holder of the Note, or its
Loan Servicer, has re uested Substitute Trustee to sell the Property.
The Deed of T t may encumber both real and personal property. Formal notice is hereby
given of Lender's, or oan Servicer's election to proceed against and sell both the real property
and any personal prop rty described in the Deed of Trust in accordance with Lender's rights and
remedies under the De d of Trust and section 9.604(a) of the Texas Business and Commerce Code.
Therefore, noti e is given that on and at the Date, Time, and Place for the Foreclosure Sale
described above, Subsf tute Trustee will sell the Property in accordance with the Terms of Sale
described above, the D ed of Trust, and applicable Texas law.
If Lender or L an Servicer passes the Foreclosure Sale, then notice of the date of any
rescheduled foreclosur sale will be reposted and refiled in accordance with the posting and filing
requirements of the De d of Trust and the Texas Property Code.
The Foreclosur Sale will be made expressly subject to any title matters set forth in the
Deed of Trust, but p spective bidders are reminded that by law the Foreclosure Sale will
necessarily be made su ~ect to all prior matters of record affecting the Property, if any, to the extent
that they remain in for e and effect and have not been subordinated to the Deed of Trust. For the
avoidance of doubt, th Foreclosure Sale will not cover any part of the Property that has been
released of public reco d from the lien and/or security interest of the Deed.of Trust by Lender, or
Loan Servicer. Prospe tive bidders are strongly urged to examine the applicable property records
to determine the nature and extent of such matters, if any.
Pursuant to sect on 51.009 of the Texas Property Code, the Property will be sold "AS IS,"
without any expressed o implied warranties, except as to the warranties (if any) provided for under
the Peed of Trust. Pros ective bidders are advised to conduct an independent investigation of the
nature and physical con ·tion of the Property.
Pursuant to secti n 51.007 S(a) of the Texas Property Code, Substitute Trustee reserves the
right to set further reas nable conditions for conducting the Foreclosure Sale. Any such further
conditions shall be unced before bidding is opened for the first sale of the day held by
Substitute Trustee.
TIDS INSTR NT APPOINTS THE SUBSTITUTE TRUSTEE(S) IDENTIFIED
HEREIN TO SELL PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT
IDENTIFIED IN TID NOTICE OF SALE. THE PERSON SIGNING TIDS NOTICE IS
THE ATTORNEY, S STITUTE TRUSTEE, OR OTHER AUTHORIZED AGENT OF
THE MORTGAGEE R LOAN SERVICER.
NOTICE OF FORECLOSURE ALE PAGE2OF3 NOTICE OF FORECLOSURE ALE SUBSTITUTE TRUSTEE:
~ ✓----, ~, By:~ ·-- Ted Gambordella, Substitute Trustee
5910 N Central Expy, Suite 920
Dallas, Texas 75206
Tel. (214) 473-5551
Fax. (214) 540-9333
[email protected]
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