DALLAS COUNTY STATE BANK LT 1 LESS ROW ACS 2.4086
Bedrooms
Bathrooms
Sq Ft
Year Built
NOTICE OF SALE
STATE OF TEXAS
COUNTY OF DALLAS §
§
§
WHEREAS, 1925 BELT LINE ROAD HOLDING LLC and 1925 BELT LINE ROAD
LLC, Gointly the "Mortgagor") executed and delivered to F-T Service Corp., Trustee for THE ED
RACHAL FOUNDATION, a certain Deed of Trust, Security Agreement & Financial Statement
dated July 25, 2022, which instrument is recorded at Instrument No. 202200204545, of the Official
Records of Dallas County, Texas, covering the hereinafter described property; and
WHEREAS, default has occurred in the payment of the indebtedness secured by the above mentioned Deed of Trust, Security Agreement & Financial Statement, and The Ed Rachal
Foundation, the present Beneficiary, has instructed the undersigned Trustee to enforce the provisions
of said instrument;
NOW, THEREFORE, NOTICE IS HEREBY GIVEN THAT after the posting of this Notice
in accordance with the above-mentioned Deed of Trust, Security Agreement & Financial Statement
and the law, and after giving such other notices as required by law, the undersigned Trustee, or any
successor Substitute Trustee, will sell to the highest bidder for cash, or to the Beneficiary or any
other holder of said indebtedness for credit, in accordance with the terms of said Deed of Trust,
Security Agreement & Financial Statement the hereinafter described property at the place in Dallas
County, Texas, designated by the Commissioner's Court of such County where sales are to take
place, on the 7th day of October, 2025, to-wit:
(a) The land and easement located in Dallas County, Texas more particularly described
as follows:
See EXHIBIT "A" hereto attached.
(b) All buildings, structures and other improvements now or hereafter situated on said
land and easement.
( c) All of the Mortgagor's right, title and interest in and to the rights and appurtenances
in any way belonging or appurtenant to said land and easement including, without
limitation: (i) strips and gores, if any, adjacent or contiguous to the land; (ii) any land
lying in or under the bed of any street, alley, road, creek or stream running through,
abutting or adjacentto the land; (iii) any riparian or water rights appurtenant to the
land relating to surface or subsurface waters; and (iv) easements, rights of ingress
and egress and reversionary interests benefitting or serving the land.
( d) All fixtures, equipment, systems, including lighting, ventilating, incinerating, water
heating, air conditioning, heating, plumbing, refrigerating and air cooling systems,
machinery, furniture, furnishings, appliances, and building materials, owned by the Mortgagor and now attached to, affixed to, located on or situated within, or severed
from the said land and easement estates or the improvements thereon, · and· all
replacements thereof, substitutions therefor, additions thereto, and· proceeds and
products thereof, including without limitation, all rights, titles and interests of the
Mortgagor now owned or hereafter acquired in and to any of such personal property
that may be subjecno ap.y title retention or security agreement superior in lien or
security interest to the lien: or security interest of the Deed of Trust.
( e) All permits, licenses, franchises, certificates, certificates of occupancy, development
rights, commitments, connections -and other rights • and privileges obtained in
connection with the said land and easement or the improvements thereon, including
without limitation those for utilities (fresh, waste and storm water, drainage and
detention, gas, electric, cable, fiber optic, telephone, water wells and septic systems).
(f) . Contracts and Rights. All rights, but not liability for any breach by the Mortgagor,
under all agreements, contracts and commitments, insurance policies, architectural,
engineering, construction, management, leasing, service, utility, and other contracts,
including any property maintenance or management agreement and any post-closing
rights under the contract or contracts pursuant to which the Mortgagor acquired the
said land and easement and general intangibles (including but not limited to goodwill,
trademarks, trade names and symbols) related the said land and easements. Estates,
. the improvements or the :fixtures thereon, _or to the design, construction, use or
operation thereof.
(g) All deposits (including the Mortgagor's rights in tenant's security deposits and
deposits with respect to utility services to the land and easement or improvements),
money, accounts; instruments, documents, notes and chatty! paper arising from or by
virtue of any transactions related to the sale of the land and easement estates
. improvements or fixtures thereon, together with any and all tax and/or insurance
escrow accounts and/or reserve accounts required under the provisions of any of the
loan documents executed in connection.with the Deed of Trust, Security Agreement
& Financing Statement. • •
The earliest time at which the sale will occur will be 10:00 o'clock a.m., and the sale will be . .
conducted not later than three hours after that time, such hours being between 10:00 a.m. and 1 :00
p.m. Further, the sale will be held at the place designated by the Commissioners Court of such
County where sales are to take place pursuant to Section 51.002-ofthe Texas Property Code. •
This sale shall be subject to those reservations, matters and exceptions, if any, set forth in the
said Deed of Trust, Security Agreement & Financial Statement to. the extent such. are still in force
and effect.
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
2 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.
EXECUTED this 3rd day of September, 2025.
F:\5726 ERF\1925 Belt Line\Collection\Oct 2025\NOS-0827-18-25.docx 3 F-T SERVICE CORP.
Trustee
555 N. Carancahua, Suite 1510
Corpus Christi, Texas 78401
Phone: (361) 888-9201
By:~~ Ste~- President .,,, .
EXHIBIT "A"
TRACT 1 (Fee Simple):
Being a part of Lot 1, of DALLAS COUNTY STATE BANK ADDITION, an Addition to the City of Carrollton,
Dallas County, Texas, according to the Plat thereof recorded in Volume 71187, Page 2169 of the Map
Records of Dallas County, Texas, and being more particularly described as follows:
BEGINNING at an nx" found chiseled in concrete for comer in the c,.uving west right-of-way line of Milam Way,
a 60 foot right-of-way, at the northeast comer of said Lot 1 and at the southeast comer of Lot 3, Block L, of
METRO ADDITION, an Addition to the City of Carrollton, Dallas County, Texas, according to the Plat thereof
recorded in Volume 87087, Page 5983 of the Map Records of Dallas County, Texas;
THENCE in a southwesterly direction along a curve to the right having a central angle of 29 deg. 13 min. 56
sec., a radius of 220.00 feet, a tangent of 57.37 feet, along said right-of-way line, an arc distance of 112.24
feet to a 1/2" iron rod found for comer;
THENCE S. 36 deg. 56 min. 10 sec. W. along said right-of-way line, a distance of 76.49 feet to an "X0 found
chiseled in concrete for comer;
THENCE in a southwesterly direction along a curve to the left having a central angle of 37 deg. 00 min. 00.
sec., a radius of 280.00 feet, a tangent of 93.69 feet, a chord of S. 18 deg.26 min. 1 O sec. W ., 1 TT .69 feet,
along said right-of-way line, an arc distance of 180.82 feet to a 1/2" iron rod found for comer;
THENCE S. 00 deg. 03 min. 50 sec. E. along said right-of-way line, a distance of 14.00 feet to a 1/2" iron rod
found for comer;
THENCE S. 44 deg. 56 min. 10 sec. W. a distance of 28.28 feet to a 1/2" iron rod found for comer in the north
right-of-way line of E. Beltline Road, a 100 foot right-of-way;
THENCE S. 89 deg. 56 min. 10 sec. W. along said right-of-way line, a distance of 209.42 feet to a 1/2" iron
rod found for comer in the west line of said Dallas County State Bank Addition;
THENCE N. 00 deg. 03 min. 50 sec. W. along the west boundary line of said Addition, a distance of 366.26
feet to an "X" found chiseled in concrete for comer at the northwest comer of said Addition;
THENCE N. 89 deg. 56 min. 10 sec. E. along the north boundary line of said Addition, a distance of 374.11
feet to the POINT OF BEGINNING and containing 104,918 square feet or 2.41 acres of land.
NOTE: COMPANY DOES NOT REPRESENT THAT THE ABOVE ACREAGE AND/ORSQUARE FOOTAGE
CALCULATIONS ARE CORRECT.
TRACT 2 (Easement):
Being a part of Block L, of METRO ADDITION, an Addition to the City of Carrollton, DallasCounty, Texas,
according to the Plat thereof recorded in Volume 68172, Page 2398, of the Map Records of Dallas County;
Texas, and being more particularly described as follows:
BEGINNING at a 1/2" iron rod found for comer in the east right-of-way line of Josey Lane, a 100 foot
right-of-way, said point being SOUTH, a distance of 170.00 feet from the intersection of the east right-of-way
line of Josey Lane with the south right-of-way line of Walnut Plaza, a 60 foot right-of-way;
THENCE N. 89 deg. 56 min. 10 sec. E. a distance of 250.00 feet to a 1/2A iron rod found for comer;
THENCE SOUTH. a distance of 400.00 feet to a point for comer in parking lot;
Page 1 of 2 THENCE S. 89 deg; 56 min. 10 sec. W, a distance of250.91 feeito a 1/2" iron ro<ffound forcomer.in th~
curving east right-of-way line of Josey lane;
THENCE ill a northeasterly direction ~long a curve to tt,e le{t h~ying·a centr~I angle of Ot deg: 3!} min. 51..
. sec., a radius of 2010.58 feet, a tangent of 29.20 feet,. a chord of N, 00 deg.53 min. 44 sec . .E., .58.40 feet,
along.said right-of-way ljne, an arc distance of 58.40 feet to a p<>intfor comer.
T,HENCE NORTH ,a]ong s~id rigt}t-of.:.wayJine; a di~tance of 341.6t feetto the POINT.OF BEGINN.ING and
contailiing 100,018 SQUflre feet or 2.30 acres ofland. •
~OTE: <;:OMPANYDOES NOT REPRESENT THAT THE ABOVE·ACREAGE ANO/ORSQUARE FOOTAGE
CALCULATIONS ARE CORRECT.
TRACT 3 (Easement):
Being.Lots 1, 2 and 3; Block L of a replat of 9;270 acre portion of.Block L, MetroAddi.tion,an Addition .to the,
City of CarroHton, Qallas County, Texas, according to the Plat thereofrec:orded inVolume'87087, page 5983,
of the M.aP Records of Dallas County, Texas~ • • • • • • •
Page 2 of2
Appraised Value
$5,107,560
Default Amount
$0
Potential Savings: $5,107,560
Auction Date
October 7, 2025
Foreclosure Type
mortgage
Current Owner
CARROLLTON PARK TOWER
2025 We Good LLC. All Rights Reserved