CEDAR CREEK RANCH PH 2 BLK Q/8292 LT 23
Bedrooms
Bathrooms
Sq Ft
Year Built
,
NOTICE OF SUBSTITUTE TRUSTEE'S SALE
STATE OF TEXAS
COUNTY OF DALLAS §
§
§
WHEREAS, JP-BANNER, LP, a Texas limited partnership ("Borrower") , executed and
delivered a first lien Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing
(as as.signed, amended, supplemented, restated, replaced, or otherwise modified from time to time,
the "Deed of Trust'') dated as of March 6, 2017, and filed ofrecord in the Deed Records-of Dallas
County, Texas, on March 7, 2017, as Document No. 201700065111 , to LIBERTY BANKERS
LIFE INSURANCE COMP ANY, an Oklahoma insurance company ("Lender" as successor-in interest to RCC Real Estate, Inc.), conveying to BRUCE KOSUB, ESQ., as trustee (the
"Trustee"), the property hereinafter described as security for payment of a certain Promissory Note
of even date therewith executed by Borrower and payable to the order of Lender in the original
principal amount of Twenty Three Million One Hundred Thousand and Noll 00 Dollars
($23,100,000.00) ( as assigned, amended, supplemented , restated, replaced or otherwise modified
from time to time, the "Note"), and all other indebtedness owing under the terms of the Deed of
Trust;
WHEREAS , by instrument entitled Appointment of Substitute Trustee dated October 8,
2025, which shall be recorded in the Deed Records of Dallas County, Texas, Lender, the legal
owner-and holder of the Note, acting pursuant to terms of the Deed of Trust, removed the Trustee
originally named in the Deed of Trust and any substitute theretofore appointed, and named,
constituted and appointed: JIM MILLS, SUSAN MILLS, GEORGE HAWTHORNE, ED
HENDERSON, MICHELLE SCHWARTZ, GUY WIGGS, DAVID STOCKMAN, DONNA
STOCKMAN, JAMIEDWORSKY, JANET PINDER, BRANDY BACON, ANGELA COOPER ,
ANDREW MJLLS-MIDDLEBROOK, and JEFF BENTON, or any of them, as "Substitute
Trustee" under the Deed of Trust, thereby vesting in the substitute trustee the same estate, rights,
powers and duties vested in the original Trustee in the Deed of Trust; and
WHEREAS, default has occurre.d in the payment of the Note, and the Lender, the legal
owner of the Note, has requested that the Substitute Trustee enforce the Deed of Trust and sell the
property covered thereby and described therein, as more particularly described on Exhibit A
attached hereto (the "Property").
NOW, THEREFORE, NOTICE IS HEREBY GIVEN THAT, after this notice has been
duly posted, and written notice has been duly served upon each person obligated to pay the debt
secured by the Deed of Trust, as required by the Deed of Trust and by law, the SubstituteTrustee
will sell the Property at public auction, to the highest bidder, for cash, at the area designated by the
County Commissioners Court of Dallas County, Texas, between the hours of 10 :00 a.m. and 1 :00
p.m. on Tuesday; November 4, 2025, being the first Tuesday in September. The earliest time at
which the sale of the Property will occur shall be one o'clock p.m. (10:00 a.m.) on Tuesday,
November 4, 2025, in accordance with Section 51.002(b) of the Texas Property Code.
NOTIC-E OF SUBSTITUTE TRUSTEE'S SALE -Page I
JP-Banner, LP \,\ Executed as of October~. 2025.
NOTICE OFSUBSTlTUTE TRUSTEE'S SAI.,E-Page j
JP-Banner, LP By:
Name: &isur, \V\i\\S
Title: Substitute Trustee EXHIBIT A
LEGAL DESCRIPTION
Being a tract of land situated in the A. A. Thomas Survey, Abstract No. 1486 and the M. J.
Sanchez Survey, Abstract No. 1272, being part of l..ot 18, City Block 1/7755 of North Central
Pfaza, an addition to the City of Dallas, Texas, according to the plat recorded in Volume
85151, Page 1874, Map Records Dallas County, Texas, as corrected by Certificate of
Correction recorded in Volume 36016, Page 3873, Deed Records Dallas county, Texas, and
being more particularly described as follows:
BEGINNING at a point in the East IJne of Coit Road (a 100' R.O.W.) said point being South
89°33'52" East, a distance of 25* from the Northwest corner of said North Central Plaza,
same being. in the South line of a tract of land as described in a Lease Agreement, to
Transcontinental Motor Homes, In·c., recorded in Volume 6823'0, Page i, Deed Records
Dallas County, Texas, a 112• iron rod set for corner;
THENCE South 89°33'52h East, wrth the South line of said Transcontinental Motor Homes
tract, a distance of 325' a 1/2" iron rod set for corner;
THENCE South 00°03'31" West, with a tract of land conveyed to B.R.S.T. Company, by deed
recorded in Volume 67253, Page 1855, Deed Records Dallas County, Texas, a distance of
120'1 a 1/2" iron rod set for corner;
THENCE South 89°33'52" East, with the Sot.1th tine of said B.R.S.T. tract, a distance of
31.25', a 1/2'' Iron rod set for corner;
THENCE South, with the common line of Lots 1A and IB, passing the Southwest corner of
said Lot 1A, and continuing wtth the West line of Lot 1, City Block l/7754 of Regency Central
Plaza Addition, an addition to the City of Dallas, Texas, according to the plat recorded in
Vo·lume 83036, Page 2546, Map Records Dallas County, Texas, passing the Southwest
comer of said tot 1 at a distance of 509.05' and continuing a total distance of 510', a 3/4"
iron rod found for corner;
THENCE North 89°33'52" West, with the North line of a tract of land conveyed to the State
of Texas, by deed recorded in Volume 79041, Page 2120., Deed Records Dallas County,
Texas, a distance of 356. 77 feet to a point in the said East line of Coit Road, a concrete
monument found for corner;
THENCE North 00°03'31" East, with the said East line of Coit Road, a distance of 10", a 1/2"
iron rod set for corner;
THENCE South 89°33'52 '' East, with the South line of a tract of land conveyed to R. W.
Olson, by deed recorded in Volume 779, Page 1491, Deed Records Dallas County, Texas, a
distance of 140', a 1/2" iron rod set for corner;
THENCE North 00°03'3·1" East, with the East line of said Olson tract, a distance of 80', an 1'x~
found in concrete for corner;
OTICE OF SUBSTITUTE TRUSTEE'S SAU-Page 4
JP·Bannt:r. LP SA VE AND EXCEPT:
Lot 1 D, Block 1/7755, in Amending Plat Minor North Central Plaza West, an addition to lhe
City of Dallas; Dallas County, Texas, according to the map or plat thereof, recorded under
Clerk's File No. 201800214012, Real Property Records, Dal1as County, Texas
NOTICE OF SUBSTITUTE TRUSTEE'S SALE-Page 5
JP-Banner , LP
Appraised Value
$254,550
Default Amount
$23,100,000
Potential Savings: -$22,845,450
Auction Date
November 4, 2025
Foreclosure Type
mortgage
Current Owner
TAMAYO SILVIA
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