TR 2R-1 ABST 322 A J HOLDER
Bedrooms
Bathrooms
Sq Ft
Year Built
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-7536 FILED 10/13/2025 11:25:54 AM
After Recording. Please Return To:
Jackson Walker L.L.P. 1401 McKinney Street, Suite 1900 Houston, Texas 77010 Attn: Clinton Kuykendall DaTE: October 10, 2025 -
NOTE: Promissory Note described as follows:
Date: April 13, 2022 Borrower: FP Houston Apartments LLC, a ware limited liability company Lender; Flagship Capital Partners Fund V LP, a s limited partnership Original Principal Amount; $10,506,305. DEED OF TRUST: Deed of Trust, Security Agreement, and Fixture Filing described as follows:
Date: April 13, 2022 Grantor: FP Houston Apartm aware limited liability company Trustee: David M. Mincb Beneficiary: Flagship CapitalPartners Fund Vv LP, a Texas limited partnership Recorded in: Document beg 22008 of the Official Public Records of Harris County, Texas : LENDER: Flagship Capital Partners Fund V LP, a Texas limited partnership BORROWER: FP Houston Apartments LLC, a Delaware limited liability company PROPERTY: The real property m articularly described on Exhibit A, attached hereto
of Vytas Petrulis, Clinton Kuykendall, Lindsey Kellam Valenta, Timothy ills, George Hawthorne, Ed Henderson, Rex Kesler, Doug Malloy, Middlebrook SUBSTITUTE TRUSTEE: Dominguez, Jim Mi Marlene Zografos,
Page | TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-7536 FILED 10/13/2025 11:25:54 AM required by the Deed of Trust. The Property shall be sold Attn: Clinton Kuykendall DATE AND TIME OF TRUSTEE’S SALE OF PROPERTY: November 4, 2025, being the first’ Tuesday of the month, to commence at 1:00 p.m., or within three hours thereafter. . ACE OF TRUSTEE’S SALE OF PROPERTY: Bayou City Event Center in the area known as the Magnolia South Ballroom, located at 9401 Knight Road, Houston, TX 77045, or such other lace designated for real property foreclosures pursuant to Section 51.002 he Texas Property Code by the Commissioners Court of Harris County, as, in instrument(s) recorded in the real property records of Harris exas. Defaultshas oceurred in the payment of the Note and in the performance of the obligations of the Deed of Trust, whi cures the Note. Because of such default, Lender, the owner of the Note and the holder of the Note and the Deed of Trust lien securing payment of the Note, for purposes of Section 51.002 of the Texas Proper’ the terms of the Deed of Trust and ap
of Lender’s election to.proceed a in the Deed of Trust, in accordance Trustee’s Sale of Property and at the Place other substitute trustee as Lender may Therefore, notice is given that on the of Trustee’s Sale of Property, I, Substitute subsequently appoint, will sell the Property by publi certified funds, in accordance with the Deed of Trust Property will be subject to all matters of record applicable of Trust and to the permitted exceptions to title, if any, des made and will not make any covenants, representations, or wi providing the successful bidder at the sale with a deed to the Pro
E. (Forest Park - Houston, TX) . Page 2 ode, has requested Trustee to sell the Property in accordance with _ i
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-7536 FILED 10/13/2025 11:25:54 AM
EXHIBIT A LEGAL DES TION OF THE PROPERTY Description of 5.158 acres (224,688 t) of land being all of PARKWAY FOREST APARTMENTS, SECTION ONE as re olume 268, Page 136 of the Harris County Map Records, located in the A. J. Holder Surve t Number (No.) 322, Harris County, Texas, and also being all that same tract described in d orest Park, L.L.C., recorded under Harris County Clerk’s File Number Z306877, and being in described by metes and bounds as follows (with bearings referenced to the westerly line of satd-plat of PARK WAY FOREST APARTMENTS, SECTION ONE): :
BEGINNING at a 5/8-inch iron rod foun erly end of a corner cutback line at the intersection of the northerly right-of-way line of Tidwell Road (a 100-foot wide right-of-way) with the westerly right- of-way line of Parkway Forest Drive (a 60-foot wide right-of-way); THENCE, South 67° 47’ 30” West, along the northerly right-of-way line of said Tidwell Road, a distance of 30.00 feet to a 5/8-inch iron rod found for the point of curvature of a curve to the right, THENCE, southwesterly, continuing along the northerly right-of-way line of Tidwell Road, and along said curve to the right, having a radius of t, through a central angle of 04° 45’ 41” (the chord bears South 70° 10’ 20” West, a distance of 299.91 feet) an arc distance of 300.00 feet to a 5/8-inch iron rod found. at the southeast corner of that c: acre tract described in deed to Sheldon Independent School District as recorded under Harris lerk’s File No. 20150113865 (as described in Harris County Clerk’s File No. V020497) and being t west corner of the herein described tract;
THENCE, North 17° 26’ 48” West, alon; line of said 9.3419 acre tract, a distance of 60.00 feet to a 5/8 inch iron rod found at an ang) : A THENCE, North 06° 20’ 05” West, continui e easterly line of said 9.3419 acre tract, a distance joint;
of 312.43 feet to a 5/8 inch iron rod found THENCE, North 22° 12’ 30” West, continui the easterly line of said 9.3419 acre tract, a distance of 262.00 feet to a 5/8 inch iron rod found in thessoutherly line of Block 2, PARKWAY FOREST SECTION ONE, as recorded in Volume 19, Harris County Map Records, and being the northwest corner of the herein described tract; THENCE, North 67° 47’ 30” East, along the southerly line of the said Block 2, a distance of 460.00 feet to a utility pole at the most northerly corner of that called 0.060 acre tract described in deed to Parkway Utility District recorded under Harris Count le Number E034730, and being the most northerly northeast corner of the herein described tract; THENCE, South 18° 28’ 00” West, along the terly line of said 0.060 acre tract, a distance of 62.00 feet to a 5/8-inch iron rod found at the sout! ner of said 0.060 acre tract; THENCE, South 72° 54’ 39” East, along thé sou line of said.0.060 acre tract, a distance of 42.26 feet to a 5/8-inch iron rod found in the w erly til of-way line of said Parkway Forest Drive at the southeasterly comer of said 0.060 acre tract; THENCE, South 18° 28’ 00” West, along t right-of-way line of said Parkway Forest Drive, a distance of 6.90 feet to an ““X” cut in concrete. or the point of curvature of a curve to the left; NOTICE OF SUBSTITUTE TRUSTEE'S SALE (Forest Park ~_) , Exhibit A — Page |
FRCL-2025-7536 FILED 10/13/2025 11:25:54 AM TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS
THENCE, southerly, continuing along the westerly right-of-way line of said Parkway Forest Drive and said curve to the left having a radius of 822.00 feet, through a central angle of 40° 40° 30”, (the chord bears South 01° 52° 15” East, a distance of 571.37 feet) an arc distance of 583.55 feet to a 5/8-inch rod found for the point of tangency of said curve; THENCE, South 22° 12°30” East, continuing along the westerly right-of-way line of said Parkway Forest Drive, a distance of 10.00 feet to a 5/8-inch iron rod with a cap found at the northerly end of said corner cutback line at the intersection of the westerly right-of-way line of said Parkway Forest Drive with the . northerly right-of-way line of said Tidwell Road; THENCE, South 22° 47’ 30” West, along said corner cutback line, a distance of 14.14 feet to the POINT OF BEGINNING and containing a computed area of 5.158 acres (224,688 square feet) of land. NOTICE OF SUBSTITUTE TRUSTEE'S SALE (Forest Park — Houston, TX) Exhibit A — Page 2
Appraised Value
$10,781,980
Default Amount
$10,506,305
Potential Savings: $275,675
Auction Date
November 4, 2025
Foreclosure Type
mortgage
Current Owner
FP HOUSTON APARTMENTS LLC
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