

REEVES BLK A LT 12
Bedrooms
Bathrooms
Sq Ft
Year Built
\ NOTICE OF FORECLOSURE SALE
! Deed of Trust: I Dated:
Grantor:
Trustee:
Lender:
Loan Servicer:
Recorded:
Secures:
Maturity Date:
Legr Description:
NOTICE OF FORECLOSURE SALE August 5, 2024
JULIO BANEGAS
Chris Ferguson, managing attorney of Jack O'Boyle and
Associates, a professional limited liability company
Capital Fund I, LLC, an Arizona limited liability company
Capital Fund I, LLC, an Arizona limited liability company
Instrument #202400161616, recorded on August 13, 2024, in the
official Real Property (Deed) Records of DALLAS COUNTY,
Texas
Promissory Note ("Note") in the original principal amount of
$170,000.00, executed by JULIO BANEGAS ("Borrower") and
payable to the order of Lender
August 1, 2025
BEING ALL OF LOT 12, BLOCK A, REEVES ADDITION,
AN ADDITION TO THE CITY OF SEAGOVILLE, DALLAS
COUNTY, TEXAS, ACCORDING TO THE PLAT
THEREOF RECORDED IN VOLUME 24, PAGE 233, MAP
RECORDS, DALLAS COUNTY, TEXAS AND BEING LOT
1, BLOCK 5, REEVES ADDITION NO. 2, AN ADDITION TO
THE CITY OF SEAGOVILLE, DALLAS COUNTY, TEXAS,
ACCORDING TO THE PLAT THEREOF RECORDED IN
VOLUME 30, PAGE 49, MAP RECORDS, DALLAS
COUNTY, TEXAS, AND BEING THE SAME TRACT OF
LAND IN DEED TO GARY L SWINDLE AND TRACI J
MCCORKLE, RECORDED IN INSTRUMENT NO.
201500071518, OFFICIAL PUBLIC RECORDS, DALLAS
COUNTY, TEXAS, AND BEING MORE PARTICULARLY
DESCRIBED AS FOLLOWS:
BEGINNING AT A 1/2" IRON ROD WITH A YELLOW
PLASTIC CAP STAMPED "RPLS 5310" SET IN THE
SOUTHEAST LINE OF JACK STREET, AV ARIABLE
WIDTH RIGHT-OF-WAY, AT THE NORTH CORNER OF
LOT 11 OF SAID REEVES ADDITION, SAME BEING THE
WEST CORNER OF SAID LOT 12;
THENCE NORTH 44°32'36" EAST, ALONG SAID
SOUTHEAST LINE, A DISTANCE OF 75.00' TO A 3/4"
IRON ROD FOUND AT THE NORTH CORNER OF SAID
LOT 12, SAME BEING THE WEST CORNER OF SAID LOT
1;
I llfllf lllll llll llifllll llll llf tll 1111 PAGE 1 OF4
4857897 FORECLOSURE SALE: THENCE NORTH 42°37'44" EAST, CONTINUING ALONG
SAID SOUTHEAST LINE, A DISTANCE OF 75.00' TO A
1/2" IRON ROD WITH A YELLOW PLASTIC CAP
STAMPED "RPLS 5310" SET AT THE NORTH CORNER
OF SAID LOT 1, SAME BEING THE WEST CORNER OF
LOT 2 OF SAID REEVES NO. 2 ADDITION;
THENCE SOUTH 43°12'17" EAST, A DISTANCE OF 135.97'
TO A 5/8" IRON ROD FOUND IN THE NORTHWEST LINE
OF A 15' ALLEY RIGHT-OF-WAY;
THENCE SOUTH 44°45'21" WEST, ALONG SAID
NORTHWEST LINE, A DISTANCE OF 69.87' TO A 3/4"
IRON ROD FOUND AT THE SOUTH CORNER OF SAID
LOT 1, SAME BEING THE EAST CORNER OF SAID LOT
12;
THENCE SOUTH 44°35'24" WEST, CONTINUING ALONG
SAID NORTHWEST LINE, A DISTANCE OF 75.18' TO A
1/2" IRON ROD FOUND AT THE SOUTH CORNER OF
SAID LO 12, SAME BEING THE EAST CORNER OF SAID
LOT 11;
THENCE NORTH 45°16'15" WEST, A DISTANCE OF
133.04' TO THE PLACE OF BEGINNING AND
CONTAINING 19,728 SQUARE FEET OR 0.453 OF AN
ACRE OF LAND.; and more commonly known as 744 and 746
JACK ST, SEAGOVILLE, TX 75159
Date: Tuesday, December 2, 2025
Time: The sale of the Property will be held between the hours of 1:00
p.m. and 4:00 p.m. local time; the earliest time at which the
Foreclosure Sale will begin is 1:00 p.m. and not later than three
hours thereafter.
Place: ON THE NORTH SIDE OF THE GEORGE ALLEN COURTS
BUILDING FACING COMMERCE STREET BELOW TlfE
OVERHANG, OR IF THE PRECEDING AREA IS NO LONGER
THE DESIGNATED AREA, AT THE AREA MOST RECENTLY
DESIGNATED BY THE COUNTY COMMISSIONERS COURT
Terms of Sale: The Foreclosure Sale will be conducted as a public auction and the
Property will be sold to the highest bidder for cash, except that
NOTIG:E OF FORECLOSURE SALE PAGE 2 OF 4 Lender's or Loan Servicer' s bid may be by credit against the
indebtedness secured by the lien of the Deed of Trust.
Sub1jtitute Trustee: Bennett M. Wyse, Ted Gambordella, Shelley Ortolani, Mary
Mancuso, Michele Hreha, Francesca Ortolani, Guy Wiggs, David
I I Stockman, Brenda Wiggs, Donna Stockman, Janet Pinder, Brandy I Bacon, Michelle Schwartz, Jamie Dworsk.y, Angela Brown, Carol
I Dunmon, Payton Hreha, and/or Jeff Benton
\ 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, Lender, the owner and holder of the
Not~, or its Loan Servicer, has requested Substitute Trustee to sell the Property.
I The Deed of Trust may encumber both real and personal property. Formal notice is
her4by given of Lender's, or Loan Servi~er's _election to proceed a_gainst and sell ~oth the real
property and any personal property descnbed m the Deed of Trust m accordance with Lender's
rights and remedies under the Deed of Trust and section 9.604(a) of the Texas Business and I . co1erce Code.
! Therefore, notice is given that on and at the Date, Time, and Place for the Foreclosure
Sal9 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.
I i
; If Lender or Loan Servicer passes the Foreclosure Sale, then 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
nece'.ssarily be made subject to all prior matters of record affecting the Property, if any, to the
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 released of public record from the lien and/or security interest of the Deed of Trust by
Lender, or Loan Servicer. Prospective bidders are strongly urged to examine the applicable
property records to determine the nature and extent of such matters, if any.
l Pursuant to section 51.009 of the Texas Property Code, the Property will be sold "AS IS,"
with9ut any expressed or implied warranties, except as to the warranties (if any) provided for
under the Deed of Trust. Prospective bidders are advised to conduct an independent
inve~tigation of the nature and physical condition of the Property.
Pursuant to section 51.0075(a) of the Texas Property Code, Substitute Trustee reserves
the r,ight 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.
NOTICE OF FORECLOSURE SALE PAGE3 OF4 THIS INSTRUMENT APPOINTS THE SUBSTITUTE TRUSTEE(S) IDENTIFIED
HEREIN TO SELL THE PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT
i IDENTIFIED IN TIDS NOTICE OF SALE. THE PERSON SIGNING TIDS NOTICE IS
I TIil£ ATTORNEY, SUBSTITUTE TRUSTEE, OR OTHER AUTHORIZED AGENT OF
THE MORTGAGEE OR LOAN SERVICER. !
I !
NOTICE OF FORECLOSURE SALE SUBSTITUTE TRUSTEE:
/~~)
~ J B . ~ 0~--y. ,-::;:?'. ' ./
Ted Gambordella, Substitute Trustee
5910 N Central Expy, Suite 920
Dallas, Texas 75206
Tel. (214) 473-5551
Fax. (214) 540-9333
[email protected]
PAGE4OF4
Appraised Value
$184,470
Default Amount
$170,000
Potential Savings: $14,470
Auction Date
December 2, 2025
Foreclosure Type
mortgage
Current Owner
BANEGAS JULIO
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