TH 129 BLDG E .00704 INT COMMON LAND & ELE
Bedrooms
Bathrooms
Sq Ft
Year Built
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5737 FILED 8/7/2025 8:57:23 AM
NOTICE OF ron guosthe SALE
August Deed of Trust ("Deed of Trust"): : . Dated: _ November 25, 2024 Grantor: ~ S&E DEVELOPMENT GROUP, L Trustee: Peterka & Associa Lender: KING JAMES LENDING, L Property: Unit One Hundred T; Nine (29), Building E, UNIVERSITY TRACE CONDOMINIUMS, n, a Condominium Project in Harris County, Texas, together with the limited mon elements, and an undivided interest in and to the general common elements, as same are defined in the Condominium Declaration thereof, i 4, Page 40, of the Condominium Records of Harris County, Texa: Address: 1900 Bay Area Blvd, E#129, Houston, TX 77058 Recorded: | November 26, 2024: 2024-44103 1 in the Official Public Records of HARRIS County,"Texas, ‘ : Secures: Promissory Note (“N original principal amount of ONE HUNDRED FIVE THOUS. RED AND 00/100 DOLLARS (U.S. $105,300.00), exe: S&E DEVELOPMENT GROUP, LLC and payable to the order of Lend : Guaranty; The Note and all other indebtedness of Borrower to Lender is guaranteed by a Guaranty Agreement dated November 25, 2024 and executed by Martin Stearns. Substitute Trustee: Sandy Dasigenis, Jeff Leva, Steve Leva Substitute Trustee’s Address: 10406 Rockley, Houston, Texas 77099 Foreclosure Sale: Date: Time: Place:
Tuesday, Sept The sale of the Property will be held between the hours of 10:00 A.M. and 1:0 ime, but no more than three hours past the stated time At the Magnolia room of the Bayou City Event Center located at 9401 Pagel of 3
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5737 FILED 8/7/2025 8:57:23 AM
Knight Road, Houston, TX 77045 or if the preceding area is no longer the designated area, at the area most recently designated by the County Commissioner’s Court Term of Sale: The Foreclosure Sale will be conducted asa public auction and the Property will be sold to the highest bidder for cash, except that KING JAMES LENDING's bid may be by credit against the indebtedness secured by the lien of the Deed of Trust. Default has occurred in the payment of the Note and in the performance of the obligations of the Deed of Trust Because of that default, KING JAMES LENDING, 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 KING JAMES LENDING's election to proceed against and sell both the real property and ant personal property described in'the Deed of Trust in accordance with KING JAMES LENBING's rights and remedies under the Deed of Trust and séction 9.604(a) of the Texas Business l e Code.
Therefore, notice is given that on and at the Date, Time, and Place for the e Sale described above, Substitute Trustee will sell the Property in accordance with thé Ferms.of described above, the Deed of Trust, and applicable Texas law. :
I tice of the date of any rescheduled foreclosure sale will be reposted and refi posting and filing requirements of “the Deed of Trust and the Texas Pi
ssly subject to any title matters set forth in the Deed inded that by law the Foreclosure Sale will necessarily be record affecting the Property, ifany, tothe extent thatthey remain een subordinated to the Deed of Trust. For the avoidance of doubt,
and/or security interest of the Deed of Trust by KING JAMES LENDING. Prospective e'strongly urged to examine the applicable property records to determine the nature and of such matters, ifany. Pursuant to section 51.009 of the Texas Property Code, 'the Property will be sold "AS IS," without any expressed or implied warranties, except as to the warranties (if any) provided for under the Deed of Trust Prospective bidders are advised to conduct an independent investigation of the nature and physical condition of the Property. Pursuant to section 51.0075(a) of the Texas Property Code, Substitute Trustee reserves the right to set further reasonable conditions for conducting the Foreclosure Sale. Any such further conditions shall be announced before bidding is opened for the first sale of the day held by Substitute Trustee. Assert and protect your rights as a member ofthe armed forces of the United States. Ifyouare 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 stateorasa member ofareserve component ofthearmed forces oftheUnited States, please send written notice of the active duty military service to the sender of this notice immediately. Page 2 of 3 TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5737 FILED 8/7/2025 8:57:23 AM
z THIS INSTRUMENT THE SUBSTITUTE TRUSTEE(S) IDENTIFIED TO SELL THE PROPERTY DESC. IE SECURITY INSTRUMENT IDENTIFIED IN THIS NOTICE OF SALE, RSON SIGNING THIS NOTICE IS THE ATTORNEY OR AUTHORIZED AGENT IRTGAGEE OR MORTGAGE SERVICER. PETERKA & ASSOCIATES, PLLC. | UW Saseph T Paterka Ml Joseph J. Peterka II 14002 Pinerock Lane Houston, TX 77079 281) 435-7359 [email protected] ttorney for KING JAMES LENDING y8 I yo ee Le re © Page 3 of 3 Z
Appraised Value
$108,772
Default Amount
$105,300
Potential Savings: $3,472
Auction Date
September 2, 2025
Foreclosure Type
mortgage
Current Owner
PATTERSON KAREN ANNE
2025 We Good LLC. All Rights Reserved