PARK FOREST NORTH ADDITION SEVENTH INCREMENT CPL, BLK V, LOT 48
Bedrooms
Bathrooms
Sq Ft
Year Built
C&MNo. 44-25-01956/FILENOS
NOTICE OFTRUSTEE' SSALEANDAPPOINTMENT OFSUBSTITUTE
TRUSTEE
Assertandprotectyourrightsasamember ofthearmedforcesoftheUnitedStates. Ifyou
areoryourspouseisservingonactivemilitaryduty, includingactivemilitarydutyasa
member oftheTexasNational GuardortheNational Guardofanother stateorasamember
ofareservecomponent ofthearmedforcesoftheUnitedStates, pleasesendwrittennoticeof
theactive duty military service tothesender ofthisnoticeimmediately. Sender is:
Codilis &
Moody, P.C.,20405StateHighway 249, Suite170,Houston, TX77070
INSTRUMENT BEING FORECLOSED ANDMORTGAGE SERVICER INFORMATION
DeedofTrustdatedDecember 15, 2003andrecorded underVol. 5577, Page1146, orClerk'sFileNo. 2004-
0000931, intherealpropertyrecordsofCollinCountyTexas, withLaurenceL. Petrosian, unmarried asGrantor(s)
andBankofAmerica, N.A. asOriginal Mortgagee.
DeedofTrustexecutedbyLaurenceL. Petrosian, unmarried securingpaymentoftheindebtedness intheoriginal
principalamountof$110,400.00andobligation thereindescribedincludingbutnotlimitedtothepromissory note
andallmodifications, renewal andextensions ofthepromissorynote ( the "Note") executed byLaurence L.
Petrosian.
U.S. BankNational Association, asIndenture Trustee onbehalfofandwithrespecttoAjaxMortgage
LoanTrust2021-F, Mortgage- Backed Securities, Series 2021-Fisthecurrent mortgagee ( the "Mortgagee") ofthe
NoteandDeedofTrustorContract Lien.
TheMortgage Servicerisauthorized torepresenttheMortgagee byvirtueofaservicing agreement withthe
Mortgagee.
PursuanttotheServicingAgreement andTexasPropertyCode51.0025, theMortgageServiceris
authorized tocollectthedebtandtoadminister anyresulting foreclosure oftheproperty securing theabove
referenced loan. Shellpoint Mortgage Servicing isactingastheMortgage Servicer fortheMortgagee.
Shellpoint
MortgageServicing, isrepresenting theMortgagee, whoseaddressis: 75BeaniePlace, Suite300, Greenville, SC
29601.
Legal Description:
BEING LOT48, BLOCK VOFSEVENTH INCREMENT, PARK FOREST NORTH, ANADDIiK$ iTO
.n
THECITY OFPLANO,
COLLIN COUNTY,
TEXAS, ACCORDING TOTHEPLAT HFWF c.._
RECORDED INVOLUME 12,PAGE55,MAPRECORDS, COLLIN COUNTY, TEXAS.
SALEINFORMATIONN
1
DateofSale: 08/05/2025 Earliest TimeSaleWillBegin: 10:00AM
c
Location ofSale:
Theplace ofthesaleshall be: CollinCounty Courthouse, Texas atthe—Towing01
location: 2100Bloomdale Road,McKinney, Texas75071,orifthepreceding areaisnolongerthedesignated area,
attheareamostrecentlydesignated bytheCountyCommissioner' sCourt
TERMS OFSALE
Adefaulthasoccurredinthepaymentofsaidhereinreferenced indebtedness, andthesameisnowwhollydue, and
theMortgagee and/orMortgage Servicerhasrequested thehereinafter appointed Substitute Trusteetosellsaid
propertytothehighestbidderforcashandtodistributeorapplytheproceedsofsaidsaleinaccordance withthe
termsofsaidDeedofTrust.
TheSalewillbeconducted asapublicauctiontothehighestbidderforcash,exceptthatMortgagee' sbidmaybeby
credit against theindebtedness secured bythelienoftheDeedofTrust.
Pursuant totheDeedofTrust, the
mortgagee hastherighttodirecttheTrusteetosellthepropertyinoneormoreparcelsand/ortosellalloronlypart
oftheproperty. Pursuant toSection51.009oftheTexasPropertyCode,thePropertywillbesoldin"ASIS,"
WHERE IS" condition, withoutanyexpressorimpliedwarranties, exceptastothewarranties oftitle, if
any,providedforunder theDeedofTrust.
mIIHuiHun44-25-01956
Collin4845498Thesalewillbeginattheearliesttimestatedabove,orwithinthree(3)hoursafterthattime. Ifthesaleissetaside
foranyreason,thePurchaseratthesaleshallbeentitledonlytoareturnofthefundspaid.ThePurchasershallhave
nofurtherrecourseagainsttheMortgagor, theMortgageeortheMortgagee'sattorney.
THISINSTRUMENT APPOINTS THESUBSTITUTE TRUSTEE( S)
IDENTIFIED TOSELLTHE
PROPERTY DESCRIBED INTHESECURITY INSTRUMENT IDENTIFIED INTHISNOTICEOF
SALE. THEPERSONSIGNINGTHISNOTICEISTHEATTORNEY ORAUTHORIZED AGENTOF
THEMORTGAGEE ORMORTGAGE SERVICER.
WHEREAS, inmycapacityasattorneyfortheMortgageeand/orItsMortgageServicer, andpursuanttoSection
51.0076oftheTexasPropertyCode, IHEREBYAPPOINTANDDESIGNATE CarolDunmon, Mary
Mancuso,MicheleHreha,ShelleyOrtolani,FrancescaOrtolani,GuyWiggs,DavidStockman,BrendaWiggs,
DonnaStockman,JanetPinder,BrandyBacon,MichelleSchwartz,JamieDworsky, AngelaCooper, Payton
Hreha, JeffBenton, ThomasDelaney, DanyaGladney, Aaron Demuth, Codilis & Moody, P.C., orASAP, as
Substitute Trustee.
TheaddressfortheSubstituteTrusteeforpurposesofSection51.0075(e)oftheTexasPropertyCodeis:
Codilis& Moody,P.C.
20405StateHighway 249, Suite170
Houston, TX77070
281)925-5200
Executed onJune10,2025.
s/DaiwaF.GladneySHOTNo.24059786,AttorneyatLaw
Codilis& Moody,P.C.
20405StateHighway 249, Suite170
Houston, TX77070
281)925-5200
Postedandfiledby:
Printed Name:
C&MNo. 44-25-01956
Appraised Value
$348,639
Default Amount
$110,400
Potential Savings: $238,239
Auction Date
August 5, 2025
Foreclosure Type
mortgage
Current Owner
PETROSIAN LAURENCE L
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