LT 47 BLK 10 BEAR CREEK VILLAGE SEC 6
Bedrooms
Bathrooms
Sq Ft
Year Built
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5819
FILED 8/7/2025 1:41:03 PM 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. NOTICE OF SUBSTITUTE TRUSTEE’S SALE STATE OF TEXAS § COUNTY OF HARRIS : Date: August 6, 2025 Borrower: Team Properties Houston, LLC Borrower’s Address: 15406 Progress Ridge Way Cypress, Texas 77429 Holder; Toorak a 1 ae Holder’s Address: 1 Water Street, Suite 600 pa, FL Substitut ste mes L. Hollerbach, Patricia Poston, David Poston, Nick Poston, Chris Poston, Amar Sood, Sandy Dasigenis, Jeff Leva, Steve Leva or Nicole Durrett, and each of them acting alone. 6700 N. New Braunfels Ave. San Antonio, Texas 78209 Deed of Trust: Commerical Deed of Trust, Security Agreement, and Fixturing Filing Date: Feburary 12, 2021 Original Grantor: Team Proprties, Houston, LLC! ' Without the required consent of Holder, Team Properties Houston, LLC executed certain General Warranty Deed “Subject to” Existing Mortgage with Groupnine Investments LLC, which is subordinate to the Deed of Trust and recorded with the Harris County Recorder on November 20, 2022 as File No. RP-2022-567725. 104957900.1 TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5819 FILED 8/7/2025 1:41:03 PM
Original Lender: Trustee: Secures: Recording: Te LC k”): Global RAI Funding LLC Glenn Adams Commercial Promissory Note, dated as of February 12, 2021 (as amended or modified, the “Note”), executed by Grantor, payable to Original Lender, in the original stated principal amount of One Hundred Sixty-Two Thousand and 00/100 Dollars ($162,000.00), presently owned and held by Holder. Recorded in the Official Public Records of Harris County, Texas (the “Records”) as File Number RP-2021-86882. Trust Security Agreement, and Fixture Filing, dated February 12, 2021 and recorded in the Records as File Number RP- 2021-133278. Assignment from Original Lender to Evidenced by that certain Assignment of Commercial Deed of Gz Capital 104957900.1 Lf, (Lay Cop y TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5819 FILED 8/7/2025 1:41:03 PM
Property: All real property, improvements and personal property described as collateral in the Deed of Trust; the legal description of the property is also, for the sake of convenience only, described on Exhibit A attached hereto and made a part hereof for all purposes; however, the description of the real property, improvements and personal property in the Deed of Trust will control to the extent of any conflict or any deficiency in such description contained in this Notice of Substitute Trustee’s Sale, it being the intent that the “Property”, for all purposes hereof, means all property, real, personal, tangible and intangible, which constitutes collateral under, and described in, the Deed of Trust. Foreclosure Sale: Date of Sale: Tuesday, September 2, 2025 Time of Sale: The sale of the Property will take place between the hour 10:00 a.m. and 1:00 p.m. local time; the earliest,ti i the sale will take place is 10:00 a.m., and the sale within three hours thereafte Place of Sale: THE BA VE Cc R, GNOLIA TH BALLROOM, LO T 9401 KNIGHT RD, S 3, IN, 77 OR AS DESIGNATED BY THE Cc SIONER'S OFFICE.
older has appointed James L. Hollerbach, Patricia Poston, David Poston, Nick Poston, 0 r Sood, Sandy Dasigenis, Jeff Leva, Steve Leva or Nicole Durrett, and each of ig alone as Substitute Trustees under the Deed of Trust upon the contingency and in the ra outlined by the Deed of Trust and in accordance with Chapter 51 of the Texas Property Code. Default has occurred pursuant to the provisions of the Deed of Trust and other documents relating to the indebtedness evidenced by the Note. The indebtedness evidenced by the Note is now wholly due. Holder has instructed Substitute Trustee to sell the Property toward the satisfaction of the Note. The Deed of Trust encumbers both real and personal property. Notice is hereby given of Holder’s election to proceed against and sell all the real property and any personal property described in the Deed of Trust in accordance with the Holder’s rights and remedies under the Deed of Trust and Section 9.604 of the Texas Business and Commerce Code. Notice is hereby given that on the Date of Sale, at the Time of Sale, Substitute Trustee will offer the Property for sale at public auction at the Place of Sale, to the highest bidder for cash, “AS IS” and further subject to any valid leases to the Property or any portion thereof, which leases shall not terminate as a result of the sale. THERE WILL BE NO WARRANTY RELATING TO TITLE, POSSESSION OR QUIET ENJOYMENT OR THE LIKE FOR THE PERSONAL PROPERTY INCLUDED IN THE SALE. Holder may bid by credit against the 104957900.1
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5819 FILED 8/7/2025 1:41:03 PM
= indebtedness evidenced by the } d secured by the Deed of Trust. The Substitute Trustee conducting the Foreclosure Sal may at his option, postpone the sale for a reasonable time to permit the highest bidder (if o' older) to produce cash to pay the purchase price bid, and the sale may be resumed if the fails to produce cash to pay the purchase price within such time period, provided in an: ale shall be concluded no later than 1:00 P.M. local time. oun following page}
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TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5819 FILED 8/7/2025 1:41:03 PM
, Substitute Trustee STATE OF TEXAS gf) § Gatveston § COUNTY OF HARRIS § Subscribed and sworn to before me on this 7 day of August 2025.
[SEAL]
DAVID W-POSTON Public, State of Texas somm. Expires 04-19-2029 Notary ID 129393869
My Commission expires: F/LU ZF After recording return to: Adam Rayford Polsinelli PC 2950 N. Ha treet, Suite 2100 Dallas, Texas’ 752! 104957900.1 TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5819 FILED 8/7/2025 1:41:03 PM
EXHIBIT Lot Forty-Saven {47), in Block Ten {10), of BEAR CRE! SECTION SIX (6), 2 Subdivision in Harris County, Texas, according to the Map or Plat ther fume 235, Page 50, of the Map Records of Harris County, Texas. eo 104957900.1 “TT foal 2 | > e 2 o v <"
Appraised Value
$292,102
Default Amount
$162,000
Potential Savings: $130,102
Auction Date
September 2, 2025
Foreclosure Type
mortgage
Current Owner
GROUPNINE INVESTMENTS LLC
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