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Promissory Note and Deed of Trust for Sale

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Listing Information

Attachments

Promissory Note and Deed of Trust for Sale



Price: $10,000.00


Other Item Info
Item #: txnbke_452418
Created: 06/25/2019
Category: Business Property > Financial > Secured Notes
Sale Date: None Set
Seller Info
Daniel J. Sherman
Trustee
509 N. Montclair Ave.
Dallas, TX 75208
(214) 942-5502
Bankruptcy Info
Case #: 3:17-bk-32430
Court: Texas Northern Bankruptcy Court
Chapter: 7
View Case Docket

See More Documents

Description

Sale of Promissory Note and Deed of Trust, described as below:

  • Deed of Trust: The seller, A. Wade Black, stated in question #19 of his Bankruptcy Schedule B that he owns 100% of the A. Wade Black Revocable Trust (“Trust”) with a value of “unknown”, and more described in Exhibit A on the attached PDF;
  • Promissory Note: The promissory note (the “Note”) signed by the seller and his ex-wife Renata Black described in Exhibit B on the attached PDF. The Note is secured by a Deed of Trust on the real property at 6331 Lupton Drive, Dallas, Texas 75225. The Deed of Trust is attached as Exhibit C and recites in Paragraph 4.15 that the lien created will be subordinate to the lien securing payment of a note, and any renewals, extensions, and modifications thereof, in the original principal amount of ONE MILLION SEVEN HUNDRED THOUSAND DOLLARS ($1,700,000.0), which is dated May 1, 2008 executed by Albert W. Black and Renata Mutis, payable to the order of Bank of America, N.A.

Additional Details

Last date to respond: July 25, 2019



Other Information

Terms and Conditions:

See Attached.


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