BPP AT 350 E LOUISIANA ST
Bedrooms
Bathrooms
Sq Ft
Year Built
FILED
NOTICE OFSUBSTITUTE TRUSTEE SALE
Deeds ofTrust:
2025DEC1'5PH3: 58
Date:
March 4, 2022
sT1
,_,,citsEfPGrantor: LocalYocalLLC, aTexaslimitedliability company COUtIyOLE?
GrantorCounty:
CollinCounty COLLs`iCOU,fl-Y.TEXAS
Beneficiary:
FirstCommonwealth BankrD, Ty
Original Trustee:
DavidM. Clem, asTrustee, orhissuccessors orsubstitutes
Recording Information:
TheDeedofTrustexecuted onMarch4, 2022, andfiledofrecordonMarch18, 2022, as
Document No.20220318000436020, intheOfficialPublicRecordsofCollinCounty,Texas,executed
byLocalYocal LLC,forthebenefit ofFirstCommonwealth Bank( the"FirstDeedofTrust"),securing
theobligations ofBorrower( s) underthatPromissory NotedatedMarch4, 2022, intheoriginal
principalamountof$300,000.00; andthatcertainDeedofTrustexecutedonMarch4, 2022,andfiled
ofrecordonMarch24, 2022,asDocument No. 20220324000470600, intheOfficial PublicRecords
ofCollinCounty, Texas, executedbyLocalYocalLLC, forthebenefitofFirstCommonwealth Bank
the"Second DeedofTrust")(collectively withtheFirstDeedofTrust, the"DeedsofTrust"), securing
theobligations ofBorrower( s)underthatcertainPromissory NotedatedMarch4,2022, intheoriginal
principal amountof$3,866,600.00.
TheFirstPromissory Note:
Date:
March4, 2022
Amount: 300,000.00
Borrowers:
LocalYocalLLC,aTexaslimitedliabilitycompany, and350E.
Louisiana LP, aTexaslimitedpartnership, includingtheirsuccessors and
assigns
Payee/ Holder: FirstCommonwealth Bank, anditssuccessors andassigns
TheSecondPromissory Note:
Date:
March4,2022
Amount: 3,866,600.00
Borrowers:
LocalYocalLLC, aTexaslimitedliabilitycompany, and350E.
Louisiana LP, aTexaslimitedpartnership, includingtheirsuccessors and
assigns
Payee/Holder: FirstCommonwealth Bank, anditssuccessors andassigns
Obligations Secured:
TheFirstDeedofTrustexecuted byGrantorsecuresthepayment oftheindebtedness inthe
originalprincipalamountof$300,000.00, andtheSecondDeedofTrustexecutedbyGrantorsecures
thepaymentoftheindebtedness intheoriginalprincipalamountof$3,866;600.00andobligations
therein described including, butnotlimited to, ( a) thePromissoryNote( s) (the "Notes"); ( b) all
renewals, modifications, andextensions oftheNotes; and(c)astheNotesmaybeamended, extended,
restated, orotherwise modified fromtimetotime. Becauseofdefaultintheperformance ofthe
obligations oftheDeedsofTrust, FirstCommonwealth Bank, thecurrent ownerandholder ofthe
NOTICE OFSUBSTITUTE TRUSTEE' SSALE PAGE 1NotesandDeedsofTrust, hasauthorized theSubstitute Trustee(s) toselltheProperty tocollectthe
debt.
Property tobeSold:
ThepropertytobesoldissecuredbytheDeedsofTrustthatcreateslienson, amongother
things, thatcertainrealpropertysituatedinCollinCounty, Texas, asmoreparticularly described on
Exhibit Aattached hereto ( the "Property"). TotheextentthatanyofthePropertyhasbeenreleased
fromthelienoftheDeedsofTrust,thisnoticeisnotintended tocoversuchProperty, andsuchProperty
willnotbepartofthePropertyconveyed tothepurchaser hereunder.
DateofSale:
Tuesday, January6,2026
TimeofSale: 9:00a.m. CT, ornolaterthanthree (3)hoursaftersuchtime.
Place ofSale: ThefrontstepsoftheCollinCountyCourthouse locatedat2100Bloomdale
Road, McKinney, Texas75071, orasdesigned bytheCollinCounty
Commissioners Court, pursuanttoSection51.002oftheTexasProperty
Code.
Terms ofSale:
Thesalewillbeconducted asapublicauctiontothehighestbidderforcash, subjecttothe
provisions oftheDeedsofTrustpermitting FirstCommonwealth Banktohavethebidcreditedtothe
NoteuptotheamountoftheunpaiddebtsecuredbytheDeedsofTrustatthetimeofsale.
Thesalewillbemadeexpressly subjecttoanytitlematterssetforthintheDeedsofTrust, but
prospective biddersarereminded that, bylaw, thesalewillnecessarily bemadesubjecttoallother
mattersofrecordaffectingtheProperty, ifany, totheextentthattheyremaininfullforceandeffect
andhavenotbeensubordinated totheDeedsofTrust.ThesaleshallnotcoveranypartoftheProperty
thathasbeenreleasedfromthelienoftheDeedsofTrust.Prospective biddersarestronglyencouraged
toexaminetheapplicable propertyrecordstodetermine thenatureandextentofsuchmatters, ifany.
Pursuant totheDeedsofTrust, FirstCommonwealth Bank, thecurrent ownerandholder of
theNotesandDeedsofTrusthastherighttodirecttheTrusteetoselltheProperty inoneormore
parcelsand/ortosellalloronlypartoftheProperty.
Pursuant toSection51.009oftheTexasProperty Code, theProperty willbesoldin "ASIS,
WHERE IS" condition, withoutanyexpressorimpliedwarranties, exceptastothewarranties oftitle,
ifany,providedforundertheDeedsofTrust.Purchasers willbuytheproperty" atthepurchaser' sown
risk"and"athis/herperil,"andnorepresentation ismadeconcerning thequalityoftitletobeacquired.
Purchasers willreceivewhatever interestGrantorandGrantor'sassignshaveintheProperty. The
Propertywillbepurchased subjecttoanyandallliens, exceptions totitle, easements, restrictions, and
encumbrances affecting anyoftheProperty ortitletheretowhichareequalorpriortotheliensand
securityinterestscreatedbytheDeedsofTrust.
TheDeedsofTrustpermitstheBeneficiary topostpone, withdraw, orreschedule thesalefor
anotherday. Inthatcase, theTrustee, oranysubsequently appointed Trustee, neednotappearatthe
date, time, andplaceofaschedulesaletoannounce thepostponement, withdrawal, orrescheduling.
Noticeofthedateofanyrescheduled foreclosure salewillbereposted andrefiledinaccordance with
NOTICE OFSUBSTITUTE TRUSTEE' SSALE PAGE 2thefilingandpostingrequirements oftheTexasProperty Code. Thereposting orrefilingmaybeafter
thedateoriginally scheduled forthissale.
Interested partiesareencouraged toconsultcounseloftheirchoicepriortoparticipating inthe
saleoftheProperty.
Removal andAppointment ofSubstitute Trustee toConduct Sale:
Inaccordance withSection51.0076oftheTexasProperty Code, FirstCommonwealth Bank
appoints DavidM. Clem, Megan A.Altobelli, orKenna S. Lemon asSubstitute Trustee( s)tosucceed
toalloftherights,powers,dutiesandestatesgrantedanddelegated intheDeedsofTrusttotheOriginal
Trustee. TheSubstitute Trustee' saddress isBLANK ROMELLP,200Crescent Court,Suite1000,Dallas,
Texas75201.
THISINSTRUMENT APPOINTS THESUBSTITUTE TRUSTEE( S) IDENTIFIED TOSELL
THEPROPERTY DESCRIBED INTHESECURITY INSTRUMENT IDENTIFIED INTHIS
NOTICE OFSALE. THEPERSON SIGNING THISNOTICE ISTHEATTORNEY OR
AUTHORIZED AGENT OFTHEMORTGAGEE ORMORTGAGE SERVICER.
EXECUTED inmultiple originals: December 12, 2025.
NoticePursuant toTex.Prop. Code
51.002(i):
Assertandprotectyourrightsasamember
ofthearmed forces oftheUnited States. If
avidM.
youareoryourspouse isservingonactiveMegan A.Altobelli
military duty,includingactivemilitary dutyKenna S. Lemon
asamember oftheTexas National Guard or
BLANK ROME LLP
theNational Guard ofanother state orasa
200Crescent Court, Suite1000
member ofareserve component oftheDallas, Texas75201
armed forces oftheUnited States, please972) 850-1450Main
send written notice ofthe activeduty972) 850-1485D. ClemDirect
militaryservice tothesender ofthis notice
972) 850-1467M.Altobelli Direct
immediately.
972) 850-1465K. Lemon Direct
STATE OFTEXAS
COUNTY OFDALLAS
Beforeme,theundersigned NotaryPublic,onDecember 12,2025,personally appeared Kenna
S. Lemon, asSubstitute Trustee, knowntometobethepersonwhosenameissubscribed tothe
foregoing instrument andacknowledged tometheshe/heexecutedthesameforthepurposesand
consideration expressed therein.
Ott., FAWNGOMEZ
1,1MyNotaryID#107247811
oF;*"•-
Expires December 27,2028NotaryPublicinan..for
TheStateofTexas
NOTICE OFSUBSTITUTE TRUSTEE' SSALE PAGE 3EXHIBIT " A"
LEGAL DESCRIPTION
PARCEL: 2785281
SITUATED INTHECITYOFMCKINNEY, COLLINCOUNTY, TEXAS, INTHEWILLIAM DAVISSURVEY,
ABSTRACT NO.248,BEINGASURVEYOFTHELASTMENTIONED TRACTOFTHETWOEXCEPTED TRACTS
DESCRIBED INACORRECTION DEEDFROMUNIONPACIFIC RAILROAD COMPANY TODALLAS AREARAPID
TRANSIT ( DART). DATEDJANUARY 17, 2003, RECORDED INVOLUME 5443, PAGE5532OFTHECOLLIN
COUNTY DEED RECORDS ( HEREAFTER REFERRED TOASTRACT 1), ANDDESCRIBED BYMETES AND
BOUNDS ASFOLLOWS:
BEGINNING ATA1/2INCHIRONPINFOUND0.1FOOTEASTOFABUILDING CORNERATTHESOUTHEAST
CORNER OFATRACTOFLANDCONVEYED TORICHARD GENESUTTON BYDEEDRECORDED UNDER
CLERK'SFILENO. 94-0041512, COLLIN COUNTY, TEXAS, INTHENORTH RIGHT-OF-WAYLINEOF
LOUISIANA STREET, SAMEBEINGTHESOUTHWEST CORNER OFSAIDTRACT1;
THENCE NORTH00DEGREES 53MINUTES 44SECONDS EAST,WITHTHEWESTLINEOFSAIDTRACT1,A
DISTANCE OF201.20FEETTOA1/2INCHIRONPINFOUNDATABUILDING CORNER INTHESOUTH
RIGHT-OF-WAYLINEOFVIRGINIA STREET;SAMEBEINGTHENORTHWEST CORNEROFSAIDTRACT1;
THENCENORTH89DEGREES 01MINUTE06SECONDS EAST, WITHTHENORTHLINEOFSAIDTRACT1
ANDWITHTHESOUTHRIGHT-OF-WAYLINEOFSAIDVIRGINIA STREET,ADISTANCE OF109.78FEETTOA
1/2INCHIRONPINSETATTHENORTHEAST CORNER OFSAIDTRACT1ANDINTHEWESTRIGHT-OF-WAY
LINEOFSAIDDARTTRACT, SAMEBEING30FEETWESTERLY FROMTHECENTEROFTHEEXISTING
RAILROAD TRACKS;
THENCESOUTH00DEGREES 53MINUTES 53SECONDS WEST, WITHTHEEASTLINEOFSAIDTRACT1
ANDTHEWESTRIGHT-OF-WAYLINEOFSAIDDARTTRACT, ADISTANCE OF201.28FEETTOA1/2INCH
IRONPINSETATTHESOUTHEAST CORNER OFSAIDTRACT1ANDINTHENORTHRIGHT-OF-WAYUNEOF
SAIDLOUISIANA STREET;
THENCE SOUTH89DEGREES 03MINUTES 40SECONDS WEST, WITHTHESOUTHUNEOFSAIDTRACT1
ANDTHENORTHLINEOFSAIDLOUISIANA STREET, ADISTANCE OF109.77FEETTOTHEPLACEOF
BEGINNING ANDCONTAINING 0.506ACREOFLAND,MOREORLESS.
TOGETHER WITHALLRIGHTS, TITLES, ANDINTERESTS APPURTENANT THERETO INCLUDING, WITHOUT
LIMITATION, GRANTOR' SINTEREST, IFANY, INANYANDALLADJACENT STREETS, ALLEYS, RIGHTS OF
WAYANDANYADJACENT STRIPS ANDGORES ( SUCHLANDANDINTERESTS AREHEREINAFTER
COLLECTIVELY REFERRED TOASTHE("PROPERTY").
SUBJECT TOALLEASEMENTS, RESTRICTIONS, RESERVATIONS ANDCOVENANTS NOWOFRECORD,
TOGETHER WITHTHEMATTERS DESCRIBED INEXHBIT" B"
PERMITTED EXCEPTIONS
1.SHORTAGES INAREA.
3.RIGHTSOFTENANTS, ASTENANTS ONLY,UNDERUNRECORDED(. EASEAGREEMENTS.
4. ALLLEASES, GRANTS, EXCEPTIONS ORRESERVATIONS OFCOAL, LIGNITE, OIL, GASANDOTHER
MINERALS, TOGETHER WITHALLRIGHTS, PRIVILEGES, ANDIMMUNITIES RELATINGTHERETO, APPEARING
INTHEPUBLICRECORDS WHETHER USTEDINSCHEDULE BORNOT. THEREMAYBELEASES, GRANTS,
EXCEPTIONS ORRESERVATIONS OFMINERAL INTEREST THATARENOTLISTED.
5. THEFOLLOWING, ASSHOWN ONSURVEY DATEDSEPTEMBER 15, 2014, PREPARED BYBRUCEGEER,
REGISTERED PROFESSIONAL LANDSURVEYOR NO.4117:
A)AERIAL ELECTRIC UNEACROSS SOUTHWEST CORER OFPROPERTY,
B)AERIAL ELECTRIC LINEACROSS PROPERTY NEARWESTPROPERTY LINE
C)WATER LINE,RUNNING NORTH ANDSOUTH, ACROSS PROPERTY,
D)GASLINEANDGASPIPERISERS ALONG WESTPROPERTY LINE,
E) ENCROACHMENT OFMETALRAMPANDOTHERAPPURTENANCES FROMADJACENT BUILDING OVER
WESTPROPERTY LINE,AND
F)PROTRUSION OFROCKPARKING LOTACROSS EASTPROPERTY LINE.
TheRealPropertyoritsaddressiscommonlyknownas361EastLouisianaStreet,McKinney, TX75069.
NOTICE OFSUBSTITUTE TRUSTEE' SSALE PAGE4
Appraised Value
$302,031
Default Amount
$300,000
Potential Savings: $2,031
Auction Date
January 6, 2026 10:00 AM
Foreclosure Type
mortgage
Current Owner
LOCAL YOCAL LLC
2025 We Good LLC. All Rights Reserved