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COUNTY ROAD 177

CELINA, TX 75009
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ID: 2758482
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Legal Description

ABS A1001 G A WILSON SURVEY, TRACT 1, 80.28 ACRES

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Property Overview

Bedrooms

Bathrooms

0

Sq Ft

0

Year Built

Foreclosure Description

if aaCa,,, 2025JJN23Mt11. 31 NOTICE OFFORECLOSURE SALEiCllaiYGi_F1 August 5,2025 COLLINt;.'W
';,1EXAS ASSERT ANDPROTECT YOURRIGHTS ASAMEMBER OFTHEARMEDFORCES OFTHEUNITED STATES.
IFYOUAREORYOUR SPOUSE ISSERVING ON ACTIVEMILITARY DUTY, INCLUDING ACTIVEMILITARY DUTYASAMEMBER OFTHETEXASNATIONAL GUARD ORTHENATIONAL GUARDOFANOTHER STATEORASAMEMBER OFARESERVE COMPONENT OFTHEARMED FORCES OFTHEUNITED STATES, PLEASE SENDWRITTEN NOTICE OFTHE ACTIVE- DUTY MILITARY SERVICE TOTHE SENDER OFTHIS NOTICE IMMEDIATELY. DEED OFTRUST (" DeedofTrust") Dated: August 31, 2021 Grantors:

CR175CelinaHoldingsLLC, aTexaslimitedliabilitycompany Trustee:


G. Randal Hullett Trustee' sAddress:


1700RedbudBoulevard, Suite300, McKinney, Texas75069. Lender:


FirstBank & TrustCo. Recorded in:


Document Number: 2024-0904001805180 oftherealproperty recordsofCollinCounty, Texas. LegalDescription:


Allofthepropertymoreparticularly describedonExhibitA(the Property").
Therealpropertyoritsaddressiscommonly known asCountyRoad177Celina, TX75009. Secures:

Promissory NotedatedAugust 31, 2021 (" Note") intheoriginal principal amount of $3,400,000.00,
executed byCR175Celina Holdings LLC (" Borrower"), andmadepayabletotheorderof FirstBank & TrustCo. ("Lender"), plusallotherIndebtedness ( as defined intheDeedofTrust)
owedbyBorrower toLender, including, withoutlimitation, attorneys' feesandaccruedinterest attheapplicable defaultinterestrateundertheNote (asofthedate ofdefault). Substitute Trustee:


Christopher M. Staineoranyotherattorneyatthelawfirmof CroweDunlevy. Substitute Trustee' s Address:

CroweDunlevy, c/oChristopher M. Staine, 2525McKinnon St., Suite425, Dallas, TX75201FORECLOSURE SALE Date:


Tuesday, August5, 2025. Time:


ThesaleofthePropertywillbeheldbetweenthehoursof10:00A.M. and 4:00P.M. localtime; theearliesttimeatwhichtheForeclosure Sale willbeginis10:00A.M. andnotlaterthanthreehoursthereafter. Place:


OnthestepsoftheCollinCountyCourthouse, 2100Bloomdale Road, McKinney,
Texas 75071,
orasotherwise designated bytheCounty Commissioners. TermsofSale:
TheForeclosure Salewillbeconducted asapublicauctionandthe Propertywillbesoldtothehighestbidderforcash, exceptthatLender's bidmaybebycreditagainsttheIndebtedness ( asdefinedintheDeedof Trust) securedbythelienoftheDeedofTrust. DefaulthasoccurredinthepaymentoftheNoteandintheperformance ofthe obligations oftheDeedofTrust.
Becauseofthatdefault, Lender, theownerandholderofthe Note, hasrequested Substitute TrusteetoselltheProperty. TheDeedofTrust mayencumber bothrealandpersonal property.
Formal noticeis herebygivenofLender'selectiontoproceedagainstandsellboththerealpropertyandany personalpropertydescribedintheDeedofTrustinaccordancewithLender'srightsand remediesundertheDeedandTrustandsection9.604(a) oftheTexasBusinessandCommerce Code. Therefore, noticeisgiventhatonandattheDate, Time, andPlacefortheForeclosure Saledescribedabove, SubstituteTrusteewillsellthePropertyinaccordance withtheTermsof Saledescribed above, theDeedofTrust, andapplicable Texaslaw. IfLenderpassestheForeclosureSale, noticeofthedateofanyrescheduledforeclosure salewillberepostedandrefiledinaccordance withthepostingandfilingrequirements ofthe DeedofTrustandtheTexasProperty Code. TheForeclosure Salewillbemadeexpresslysubjecttoanytitlematterssetforthinthe DeedofTrust, butprospective biddersareremindedthatbylawtheForeclosure Salewill necessarilybemadesubjecttoallpriormattersofrecordaffectingtheProperty, ifany, tothe extentthattheyremaininforceandeffectandhavenotbeensubordinated totheDeedofTrust. Fortheavoidanceofdoubt, theForeclosure SalewillnotcoveranypartofthePropertythathas beenreleasedofpublicrecordfromthelienand/orsecurityinterestoftheDeedofTrustby Lender.
Prospective biddersarestronglyurgedtoexaminetheapplicable propertyrecordsto determine thenatureandextentofsuchmatters, ifany. Pursuant tosection 51.009oftheTexasPropertyCode, thePropertywillbesold "AS IS," without anyexpressed orimplied warranties, except astothewarranties ( ifany) providedunder theDeedofTrust.
Prospective biddersareadvisedtoconductanindependent investigation ofthenatureandphysicalconditionoftheProperty. 2Pursuanttosection51.0075(a) oftheTexasPropertyCode, Substitute Trusteereserves therighttosetfurther reasonable conditions forconductingtheForeclosure Sale.
Anysuch furtherconditionsshallbeannounced beforebiddingisopenedforthefirstsaleofthedayheld bySubstitute Trustee. THISINSTRUMENT APPOINTS THESUBSTITUTE TRUSTEE( S) IDENTIFIED TOSELL THE PROPERTY DESCRIBED INTHE SECURITY INSTRUMENT IDENTIFIED INTHISNOTICE OFSALE.
THEPERSON SIGNING THISNOTICE IS THE ATTORNEY ORAUTHORIZED AGENT OFTHE MORTGAGEE OR MORTGAGE SERVICER. Totheextenttheoriginalobligation wasdischarged orissubjecttoanautomatic stayofbankruptcy underTitle11oftheUnitedStatesCode, thisnoticeisforcompliance and/orinformational purposesonlyanddoesnotconstituteanattempttocollectadebtor toimposepersonal liability forsuch obligation.
However, asecured partyretainsrights underitssecurityinstrument, includingtherighttoforecloseitslien. By: Christopher M. Staine CROWE DUNLEVY AProfessional Corporation 2525McKinnon St., Suite425 Dallas, TX75201 214) 420-2163 214) 736-1762 (Facsimile) christopher. staine@crowedunlevy. com ATTORNEY FORFIRST BANK& TRUST CO. 3EXHIBIT" A" BEINGsituatedinCollinCounty, Texas, intheJohnCofferSurvey,AbstractNo. 198andin theG.A. WilsonSurvey, AbstractNo. 1001,beingasurveyofpartofthe160acretractlessand exceptoneacredescribedinadeedfiromBessieFLKinardtoJuanitaK. HayesandMildredh+i. Borgvall,datedFebruary21, 1967,recordedinVolume686,Page67andasurveyoftheoneacre tractdescribedinadeedfromLindaL. Willardta.BergvallFamilyTrust, datedDeceinber 20, 2011,recordedasClerk'sFileNo. 20111221001378970; saidoneacretractalsoisdescribedin deedrecordedinVolume68, Page256; alldeedsoftheCollinCountyDeedRecords, being describedbymetesandboundsasfollows: BEGINNING atarailroadspikefoundattheNortheastcornerofsaid160acretractandthe Northeastcornerofsaidoneacretract; samebeingattheintersection ofRoad177 (East-West pavedroad)andLoneStarRoad(Read175)(North-Southpavedroad);samebeingtheSoutheast cornerofthe557.241acretractrecordedasClerk'sFileNo. 95-0030138; sanealsobeingthe Northwest cornerofLoneStarEstatesrecordedinVolumeN,Page93oftheCollinCountyNat Records;samebeingtheSouthwestcornerofthe15.792acretractrecordedassaidClerk'sFile No.95-0030138; THENCESouth00degrees36minutes02secondsEast, withsaidLoneStarRoadandwiththe WestlineofsaidLoneStarEstates, 1484.97feettoapoint; a1/2-inchironpinfoundbearsNorth 89degrees40minutes10secondsWest, 29.24feet; THENCENorth.89degrees40minutes10secondsWest,withtheNorthlineofthe30acretract recordedinVolume5822, Page1565, passingsaid1/2-inchironpinfoundat29.24feetand continuinginall, 1282.06feettoa1/2-inchironpinfoundattheNorthwestcornerofsaid30acre tract;. samebeingtheNortheastcornerofthe5.60acretractrecordedasClerk'sFileNo. 2015120400 l$18010; THENCE North89degrees45minutes17secondsWest, with.theNorthlineofsaid5.60acre tract,209.42feettoa1/2-inchironpinfoundattheNorthwestcornerofsaid5.60acretract; THENCESouth00degrees32minutes39secondsEast,withtheWestlineofsaid5.60acretract, passinga1/2-inchironpinsetat1134,71feetandcontinuinginall1164,71feeltoapointinRoad 173(east-Westpavedroad)attheSouthwest cornerofsaid5.60acretract; THENCEWesterlywithsaidRoad173asfollows: North89degrees04minutes08secondsWest,501.84feettoa3/8-inchironpmfoundintheNorth lineofthe10.340acretractrecordedinVolume3376,Page12; North89degrees36minutes17secondsWest, 655.54feettoa1/2-inchironpinfoundatthe Southwest cornerofsaid160acretract; samebeingtheSoutheastcornerofthe14.354acretract recorded inVolume4651,Page2351; 4THENCENorth00degrees38minutes44secondsWest,withtheWestlireofsaid160aosetract, passinga1f2-inchironpinsetat30.0feet,passinganother1/2-inchironpinsetat2609A4feet andcontinuinginall, 2639.44feettoa112-inchironpinfoundinsaidRoad177attheNorthwest cornerofsaid160acretactsaebeingtheNortheastcomerofthe15.14acretractrecordedin. Volume4492,Page3697; THENCEEasterlywithsaidRoad177asfollows; South89degrees39minutes40secondsEast, 757.06feettoa60dnailfoundattheSouth- Southwest cornerofsaid557.241acretract; South89degrees47minutes48secondsEast,withtheSouthlineofsaid557.241acretract, 893.92 feettoa1/2-inchironpinfound; South89dew49minutes30secondsEast, withtheSouthlineofsaid557.241acretract, 1000.40feettothePLACEOFBEGINNING andcontaining121.03acres. 5

Additional Information

ABS A1001 G A WILSON SURVEY, TRACT 1, 80.28 ACRES and ABS A0198 JOHN COFFMAN SURVEY, TRACT 3, 40.75 ACRES

Property Details
Property ID:2758482
Owner Name:CR175 CELINA HOLDINGS LLC
County:Collin County
Year Built:0
Living Area:0 sq ft
Bedrooms:
Status:
active
Images Available:No
Coordinates:33.37811303343066,-96.67054785615713
Pricing Information

Appraised Value

$13,246

Default Amount

$3,400,000

Potential Savings: -$3,386,754

Auction Information

Auction Date

August 5, 2025 10:00 AM

Foreclosure Type

mortgage

Owner Information

Current Owner

CR175 CELINA HOLDINGS LLC

Location & County Info

Coordinates

33.37811303343066,-96.67054785615713

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