3 MAGNOLIA BEND DR

LT 3 BAYOU BEND ESTATES

TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-4458 FILED 6/10/2025 8:53:14 AM
NOTICE OF FORECLOSURE SALE June 10, 2025 Deed of Trust ("Deed of Trust"): Dated: November 23, 2021 Grantor: JMK5 MAGNOLIA BEND, LLC Trustee: Sowell, Alvares & Walls, PLLC _ Lender: QUICK LENDING, LLC Property: Lot 3, of BAYOU BEND ESTATES, an addition in Harris County, Texas according to the map or plat thereof recorded in Volume 302, Page 87 of the Map Records of Harris County,-Texas. Address: 3 Magnolia Bend DR Houston TX 77024 Recorded: | November 29, 2021, file number RP-2022-680556in the Official Public Records of Harris County, Texas. cures: SS Note”) i igin@} principal amount of ONE p . LION EIGHT D) THOUSAND / : N LARS (US $1,828,000 ul 5 MAG BEND, d ‘

t ‘der of Lender. Guaranty: The Note and all other indebtedness of Borrower to Lender is guaranteed by a Guaranty Agreement dated November 23, 2021 and executed by Jerome Karam. Substitute Trustee: Sandy Dasigenis, Jeff Leva, Steve Leva, Nicole Durrett Substitute Trustee’s Address: 10406 Rockley, Houston, Texas 77099 Foreclosure Sale: Date: Tuesday, August 05, 2025 Time: The sale of the Property will be held between the hours of 10am-Ipm. local time Place: At the Magnolia South Ballroom of the Bayou City Event Center located at 9401 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 TEXAS REAL ESTATE FUND I, LP's bid may be by credit against the indebtedness secured by the lien of the Deed of Trust.  TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-4458 FILED 6/10/2025 8:53:14 AM
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, TEXAS REAL ESTATE FUND I, LP, 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 TEXAS REAL ESTATE FUND I, LP's election to proceed against and sell both the real property and any personal property described in the Deed of Trust in accordance with TEXAS REAL ESTATE FUND I, LP's rights and remedies under the Deed of Trust and section 9.604(a) of the Texas Business and Commerce Code. Therefore, notice is given that on and at the Date, Time, and Place for the Foreclosure Sale described above, Substitute Trustee will sell the Property in accordance with the Terms of Sale described above, the Deed of Trust, and applicable Texas law. . , If TEXAS REAL ESTATE FUND I, LP passes the Foreclosure Sale, notice 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 Property Code. The Foreclosure Sale will be made expressly subject to any title matters set forth in the Deed of Trust, but prospective bidders are reminded that by law the Foreclosure Sale will necessarily be made subject toall prior matters of record affecting the Property, ifany, tothe extent that they remain in force and effect and have not been subordinated to the Deed of Trust. For the avoidance of doubt, the Foreclosure Sale will not cover any part of the Property that has been € eased.of public record from the lien and/or security interest of the Deed of Trust by TEXAS Li TE FUND Prospective bidders are strongly urged to examine the applicable e ature, of such matters, ifany. rsuant to section $1,009 ie Texas! Property le, the Property sill be sold * without any expressed or implied nti t as tothe w: ties (( prewided fc oF uct 10#0






erty reegrds to determin the Deed of Trust Prospective bidders are advised t ps investigatio 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 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 ofa 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. : THIS INSTRUMENT NOTES THE SUBSTITUTE TRUSTEE(S) IDENTIFIED TO SELL THE PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT IDENTIFIED IN THIS NOTICE OF SALE. THE PERSON SIGNING THIS NOTICE IS THE ATTORNEY OR AUTHORIZED AGENT OF THE MORTGAGEE OR MORTGAGE SERVICER. 
Soseph O Peterka Ul Joseph J. Peterka III 14002 Pinerock Lane Houston, TX 77079 (281) 435-7359 ‘Attorney for TEXAS REAL ESTATE FUND I, LP PETERKA & ASSOCIATES, PLLC. [email protected] e B ~ SWX3L ‘ALNNOD SINYWH 3Y3TD ALNNOD ‘HI3dSNH VIHSANAL 8Sv-SCO?-1D ed WY vT:€S:8 SZ0Z/0T/9 Gals