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403 W MAIN ST

ALLEN, TX 75013
active
ID: 502003
403 W MAIN ST
active
Property image 2
Legal Description

WHISENANT J M CAL, BLK 7, LOT 002A

;
Property Overview

Bedrooms

1

Bathrooms

1,137

Sq Ft

1920

Year Built

Foreclosure Description

jk L. NoticeofForeclosure Sale I?;jOCT31is";

: 57 STACEY KEMP COUNT-Y. CLERKDeed.ofTrust(" DeedofTrust"):COLLINCljR;7Y.TEXAS; Dated:

June10, 2024v Grantor:
Imagenation Management GPLLC,aTexas°limitedliabilitycompany Trustee:
J.C. Johnson,Esq. Lender GlobalFinancial Services, Inc. ("Lender") Recorded in;
Insru.ment#2024000074824 oftheRealPropertyRecords ofCollinCounty,Texas, LegalDescription:

SeeExhibit"A"attachedandincorporated byreferenceherein. Secures:
Promissory Note (" Note") intheoriginalprincipal :amountof 300,00000executed byImagenation Management GPLLC Borrower") andpayabletotheorderofLender. Foreclosure Sale: Date:


Tuesday,December 2,2025 Time:

ThesaleofthePropertywillbeheldbetweenthehoursof10:00 A.M. and4:00P.M. localtime; theearliest timeatwhichthe Foreclosure Salewillbeginis10:00AMandnotlaterthanthree hoursthereafter. Place:

CollinCounty, Texasatthefollowing location: thestepsofthe CollinCountyCourthouse, 2100Bloomdale, Road, McKinney, TX 75071,orifthepreceding areaisnolongerthedesignated area, at. theareamostrecentlydesignated bytheCountyCommissioner' s Court,orasdesignatedbytheCountyCommissioners Court. TermsofSale:
TheForeclosure Salewill,beconducted asapublicauctionand.the Property willbesoldtothehighestbidderforcash, exceptthatS Global'.Financial Services, Inc.'sbidmaybe.bycreditagainstthe indebtedness securedbythelienoftheDeedofTrust. DefaulthasoccurredinthepaymentoftheNoteandintheperformance, oftheobligations oftheDeedofTrust. Because ofthatdefault,GlobalFinancial Services, Inc.,theownerandholder oftheNote,hasrequested TrusteetoselltheProperty. TheDeedofTrustmayencumber bothrealandpersonalproperty. Formalnoticeishereby PAGE1of4givenofGlobalFinancialServices,Inc.'selectiontoproceedagainstandsellboththerealproperty andanypersonalpropertydescribedintheDeedofTrust,inaccordance withGlobalFinancial Services, Inc.'srightsandremedies undertheDeedofTrustand..section.9.604(a) oftheTexas. Business andCommerce Code. Therefore, noticeisgiventhatonandattheDate,Time,andPlacefortheForeclosure Sale describedabove, TrusteewillsellthePropertyinaccordance withtheTermsofSale.described above,theDeedofTrust, andapplicable Texaslaw. IfGlobalFinancialServices, Inc. passtheForeclosure Sale,, noticeofthedateofany rescheduled foreclosure. salewillberepostedandrefiledinaccordance withthepostingandfiling requirements ofthe:DeedofTrustandtheTexasProperty Code. The'Foreclosure Salewillbemadeexpressly subject;toany;titlematterssetforthinthe DeedofTrust, butprospective biddersarereminded thatbylawthe ,Foreclosure Salewill necessarily bemadesubjecttoallpriormattersofrecordaffectingtheProperty,ifany,totheextent thattheyremaininforceandeffectandhavenotbeensubordinated totheDeedofTrust. Forthe avoidance ofdoubt, theForeclosureSalewill. not,covetanypartofthe:Propertythathasbeen releasedofpublicrecordfromthelienand/orsecurityinterestofthe'DeedofTrustbyGlobal Financial, Sezvices,. Irc.. Prospective biddersarestronglyurgedto.examinetheapplicable property recordsto-determine thenature,andextentofsuchmatters,ifany. PursuanttoSection51.009oftheTexasPropertyCode,the'Propertywiltbesold"ASI:S " withoutanyexpressed, orimpliedwarranties, exceptastothewarranties( if:any)providedforunder the,DeedofTrust. Prospective biddersareadvisedtoconduct anindependent investigation ofthe natureandphysical, condition oftheProperty. Pursuanttosection51.0075(a) oftheTexas.PropertyCode, Trusteereservestherightto setfurtherreasonable conditions forconducting theForeclosure Sale: Anysuchfurtherconditions shallbeannounced beforebiddingisopenedforthefirstsaleofthedayheldbyTrustee. Assertand:protectyourrightsasamemberofthearmed'forcesoftheUnitedStates. Ifyouareoryourspouseisserving:onactivemilitaryduty,including activemilitarydutyas amember oftheTexasNational Guardorthe. National Guard ofanother stateorasa member ofareservecomponent ofthearmedforcesoftheUnitedStates,pleasesendwritten noticeoftheactive-dutymilitary servicetothesenderofthisnoticeimmediately. THISINSTRUMENT APPOINTS THETRUSTEE:( S)IDENTIFIED TOSELLTHE PROPERTY DESCRIBED INTHESECURITY INSTRUMENT IDENTIFIED' INTHIS NOTICE OFSALE.
THEPERSON SIGNING THISNOTICE ISTHEATTORNEY OR AUTHORIZED AGENT OFTHEMORTGAGEE ORMORTGAGE SERVICER. SIGNATURE ONFOLLOWING PAGE] PAGE2OF4Signed the;

3,


dayofOctober,2025. 0,014.....P KaseRac Subs 'tuteTrusteeandAttorneyforLender DorsettJohnson, LLP 421W. 3rdStreet, Suite700 FortWorth, Texas76102 Tel. (817) 900-$202 Fax. (817) 8824526 PAGE3OF4EXHIBIT " A" Allthatrealpropertyandtheimprovements thereonlocatedat403W.MainStreet,Allen,Texas75013,'andmore particularly described to-wit: Being:atractoflandsituatedintheWilliamPerrinSurvey;AbstractNo.708,CityofAllen,CollinCounty,Texas, andbeingaportionofthesametractoflandasdescribedinDeedtoEricWillardrecordedinVolume4286,_Page 2668:oftheDeedRecords.ofCollinCounty;Texas,andbeingapartofLot;2,.Block7oftheJ.MWhisenant Addition, recorded.inVolume.1,Page52oftheMapRecordsofCollinCounty,Texas,andbeingmoreparticularly described. asfollows:. Beginning atafound1/2-inchironrodonthe.Northline_ofsaidLot2 .and.theSouthlineofW. MainStreet(50' R.O.W.),and'attheNorthwest cornerofatracteland described inaDeedtoKenneth E.Haganandwife,Cynthia J. Hagan;recordedin'Volume1695,Page:242,DeedRecords,CollinCounty,Texas,saidironrodbeingN 89°58'.32"W 100.65' fromtheintersection' ofsaidSouthlineofW.MainStreetandtheWest.line:of.AnnaDrive.(50' RO.W.), samebeingtheNortheast cornerofsaidLot2;. ThenceSouth0.0degrees22minutes53seconds:EastalongtheWestlineofsaidHagantractandatractofland describedin-aDeedtoBillJackHatchcox, recordedinCountyClerk'sFileNumber96=0099239,.DeedRecords, Collin,County,Texas;adistance:of216,00feettoa.foundV2-inchiron:rodonthe'South,lineofsaidLot2andthe NorthlineofW.Belmont Drive(2TR.O.W.); ThenceNorth89degrees58.minutes32secondsWestalongsaidSouthlineofLot2and,NorthlineofWBelmont Drive,adistance:of1.01..10feettoapointforcorner,fromwhichafound1/2-inchironrodbearsNorth.02degrees46' minutes;04secondsEastadistanceof125.feet,saidpoint;;beingtheSouthwestcornerofsaidLot2andtheSoutheast cornerofLot'1ofsaidBlock7,samebeingtheSoutheastcorneroftheFannieLauraBolin,tractoflandreferredtoin° CountyCreek's:File'Number97=0001913,DeedRecords,CollinCounty,Texas; ThenceNorth.00degrees20.minutes28secondsWestalong'theEastlineofsaidBolintractandthecommonlineof saidLots1and2adistanceof216.00'feettoafound1/2-inchironrodontheaforesaidSouthlineofW.MainStreet, beingthecommon NorthcornerofsaidLots1and2; ThenceSouth89degrees58minutes32secondsEastalongsaid.SouthlineofW.MainStreetandNorthlineofLot2 adistanceof100.95feettothepointofbeginning, andcontaining 21:821squarefeetor0.501ofoneacreofland. PAGE4OF4

Property Details
Property ID:502003
Owner Name:IMAGENATION MANAGEMENT GP LLC
County:Collin County
Year Built:1920
Living Area:1,137 sq ft
Bedrooms:
Status:
active
Images Available:Yes
Coordinates:38.347631,-97.026062
Pricing Information

Appraised Value

$560,852

Default Amount

$300,000

Potential Savings: $260,852

Auction Information

Auction Date

December 2, 2025

Foreclosure Type

mortgage

Owner Information

Current Owner

IMAGENATION MANAGEMENT GP LLC

Location & County Info

Coordinates

38.347631,-97.026062

View on Google MapsCounty Property Record
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