I locked a bike I had borrowed from a friend, a Grey Trek 7.(?) FX (I would guess it was a 7.3 FX but I'm not certain), to a bike rack beside the Sheridan Fruit Company Parking Lot, on Oak, between MLK and 3rd Avenue, around 8pm. When I returned to it, around 11pm, I found my Onguard lock cut and the bike taken. The bike has thin road wheels, no back fender, a black seat adorned with red and grey on it's sides (it's the same seat that comes on a Trek 3700, I'm not sure of the series of this bike, but it looks like the street equivalent of the 3700), straight handle bars, very squeaky brakes, especially the front, and, if still attached, a red back light that attaches onto a band with a mechanism to screw it tight. Many of it's bolt and screws are rusted, notably where the handle bars are.