UNIT 44 BLK 5 NEW LEAF PLACE SEC 1
Bedrooms
Bathrooms
Sq Ft
Year Built
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-7369 FILED 10/9/2025 1:06:14 PM DEED OF TRUST (Participation) (“Deed of Trust”): Notice of Foreclosure Sale October 7, 2025 Dated: January 12,2017 | Grantor: Daniel Obi-Ofodile ’ Trustee: Charter Title Company Lender: Live Oak Banking Company ; Recorded in: Official Public Records of Harris County, Texas Legal Description: ALL THAT CERTAIN TRACT OR PARC COMMONLY KNOWN AS UNIT FORTY-FOUR (44), BLOCK FIVE (5) OF LACE SECTION ONE (1) A SUBDIVISION IN HARRIS COUNTY,,TE CORDING TO THE MAP OR PLAT THEREOF RECORDED IN VOL 0, PA 7, OF THE MAP RECORDS HARRIS COUNTY, TEXAS AND BEING Mi TI ARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS TOWIT: . COMMENCING AT THE NO STC R OF NEW LEAVE PLACE, SECTION]; THENCE SOUTH 33 DEG. 33 . WEST A DISTANCE OF 59,91 FEET TO A
POINT FOR CORNER; THENCE SOUTH 11 D POINT OF BEGINN! THENCE SOUTH POINT FOR CO) THENCE NO! POINT FOR SEC. WEST, A DISTANCE OF 60.46 FEET TO THE 7 MIN. 50 SEC. WEST, A DISTANCE OF 20,00 FEET TOA EG. 52 MIN. 10 SEC. WEST, A DISTANCE OF 67.00 FEET TO A
G. 07 MIN. 50 SEC. EAST, A DISTANCE OF 20.00 FEET TO A : 89 DEG. 52. MIN. 10 SEC. EAST, A DISTAN CE OF 67.00 FEET TO THE GINNING AND CONTAINING 0,0308 ACRE OF LAND, TOGETHER WITH THEREON AND ALL EASEMENTS AND APPURTENANCES AND TOGETHER WITH THE BENEFICIAL INTEREST OF USE AND IN AND TO THE COMMON AREA APPURTENANT TO SAID UNIT, AS IN THE DECLARATION OF COVENANT. ‘S$, CONDITIONS AND
FRCL-2025-7369 FILED 10/9/2025 1:06:14 PM TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS RESTRICTIONS OF NEW LEAF TOWNHOUSES FILED FOR RECORD UNDER HARRIS COUNTY CLERK’S FILE NO(S) G322524 AND AMENDED BY AMENDMENT OF COVENANTS, CONDITIONS, AND RESTRICTIONS OF NEW LEAF TOWNHOUSES FILED FOR RECORD UNDER HARRIS COUNTY CLERK’S FILE NO. G529538. Secures: _ NOTE (“Note”) in the original principal amount of $600,000.00, executed by Divter G, Inc. (“Borrower”) and payable to the order of Lender Modifications and Renewals: Loan Modification Agreement dated July 31, 2017, Second Loan Modification Agreement dated November 26, 2018 (as used herein, the terms “Note” and “Deed of Trust” mean the Note and Deed of Trust as so modified, renewed, and/or extended) perty: The real property, improvements, and personal property described in and mortgaged in the Deed of Trust, including the real property
lescribed in the attached Exhibit.A, and all rights and
Guaranty: Substitute Trustee: Jeff Leva, Roy Rush, Sandy D . i i ile in “ of lender. : Substitute Trustee Address: 906 W. McDermott Dr., Suite od, Onn ee Substitute Trustee Kristin A. Zilberstein, Esq. Substitute Trustee Address: 30 Corporate Park, Suite 450, Irvine, CA 95002 Foreclosure Sale: Date: November 4, 2025 Time: The sale of the Property will be held between the hours of 10:00 a.m. and 4:00 p.m. local time; the earliest time at which the Foreclosure Sale will begin is 10:00 a.m. and not later than three hours thereafter. Place: PURSUANT TO TEXAS PROPERTY CODE 51.002. THE DESIGNATED SPACE FOR SALE OF REAL PROPERTY UNDER A POWER OF SALE IN THE
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-7369 FILED 10/9/2025 1:06:14 PM AREA OF THE BAYOU CITY EVE IR KNOWN AS MAGNOLIA SOUTH
BALLROOM LOCATED AT 9401 IN THE CITY OF HOUSTON. Terms of Sale: The Foreclos e conducted as a public auction and the Property will be @ thie highest bidder for cash, except that Live Oak Banking Company’s bid may be by credit against the indebtedness lien of the Deed of Trust. Default has occurred in the payment o and in the performance of the obligations of the Deed of Trust. Because of that default, Live Oak Banking Company, the owner and holder of the Note, has requested Substitute Trustee to sell the Property. The Deed of Trust may encumber both real and personal property. Formal notice is hereby given of Lender’s election to proceed agai d sell both the real property and any personal property described in the Deed of Trust in accordance with Lender’s rights and. remedies under the Deed of Trust and s a) of the Texas Business and Commerce Code.
Therefore, notice is given that o ie Date, Time, and Place for the Foreclosure Sale described above, Substitute Trustee he Property in accordance with the Terms of Sale described above, the Deed of Trugt, and applicable Texas law. If Lender passes the Foreclos ce of the date of any rescheduled foreclosure sale will be reposted and refiled in accordance with the posting and filing requirements of the Deed of Trust and the Texas Prope: ‘ode. The Foreclosure Sale will be ssly subject to any title matters set forth in the ‘ Deed of Trust, but prospective bidders inded that by law the Foreclosure Sale will necessarily be made subject to all of record affecting the Property, if any, to the
extent that they remain in force ve not been subordinated to the Deed of Trust. For the avoidance of doubt, the F e will not cover any part of the Property that has been released of public record from the lien and/or security interest of the Deed of Trust by Lender. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent matters, if any. Pursuant to section 51.009 of the Texas Property Code, the Property will be sold “AS 1S,” without any expressed or implied warranties, except as to the warranties (if any) provided for under the Deed ospective bidders are advised to conduct an independent investigation of the nat physical condition of the Property.
Pursuant to section 51 the right to set further reasonable further conditions shall be by Substitute Trustee. he Texas Property Code, Substitute Trustee reserves ms for conducting the Foreclosure Sale. Any such efore bidding is opened for the first sale of the day held Assert and protect as a member of the armed forces of the United States.
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-7369 FILED 10/9/2025 1:06:14 PM Ifyou are or your spouse is ctive military duty, including active military duty as a member of the Texas N: uard or the National Guard of another state or as a member of a reserve compone med forces of the United States, please send written notice of the active di service to the sender of this notice immediately.
THIS INSTRUMENT AP 'S THE SUBSTITUTE TRUSTEE(S) IDENTIFIED TO SELL THE PROPERTY IN THE SECURITY INSTRUMENT . IDENTIFIED IN THIS NOTI: S . THE PERSON SIGNING THIS NOTICE IS THE ATTORNEY OR AUTHORIZED AGENT OF THE MORTGAGEE OR MORTGAGE SERVICER. |
Kristin A. Zilberstein, Cy for Live Oak anking Company . ri P r Cc) O oO oi,
Appraised Value
$136,946
Default Amount
$600,000
Potential Savings: -$463,054
Auction Date
November 4, 2025
Foreclosure Type
mortgage
Current Owner
OBI-OFODILE DANIEL
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