Type:   NJF
Party:   Mortgage Electronic Registration Systems
County:   Pulaski
Attorney/Contact:   Wilson & Associates, PLLC
Property:   31 Valley Drive, Little Rock AR 72209-7500
Property Description:   E1/2 SW1/4 Sec1 T1S R13W

NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. IF YOUR PROPERTY IS SOLD, YOU WILL REMAIN LIABLE FOR ANY DEFICIENCY WHICH THEN EXISTS AND AN ACTION FOR COLLECTION MAY BE BROUGHT AGAINST YOU. THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR SUCH PURPOSE. This Instrument Prepared by: WILSON & ASSOCIATES, P.L.L.C. 1521 Merrill Drive, Suite D-220 Little Rock, Arkansas 72211 (501) 219-9388 WHEREAS, on October 31, 2011, Shirley C. Powell and Theodious Powell executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as nominee for Franklin American Mortgage Company, its successors and assgins; and WHEREAS, said instrument was duly recorded November 10, 2011, Document No. 2011066922, in the real estate records of Pulaski County, Arkansas; and WHEREAS, default has been made with respect to a provision in the mortgage that authorizes sale in the event of the default of said provision and the same is now, therefore, wholly due. WHEREAS, mortgagee or beneficiary has complied with  the conditions to exercise the power of sale as set for in ACA §18-50-103. The party initiating this action is Wells Fargo Bank, NA, 1000 Blue Gentian Road N9286-01Y, Eagan, MN 55121  , (866) 234-8271 NOW, THEREFORE, Wilson & Associates, P.L.L.C., as Attorney-in-Fact or as Trustee,, by virtue of the power, duty, and authority vested in and imposed upon it, will, on April 18, 2017, at or about 10:00 AM at the Pulaski County Courthouse, Little Rock, Arkansas, offer for sale certain property hereinafter described to the highest bidder for cash, free from the statutory right of redemption, homestead, dower, and all other exemptions which are expressly waived in the mortgage, said property being real estate situated in Pulaski County, Arkansas, and being more particularly described as follows: All of that of the East half of the Southwest Quarter of Section 1, Township 1 South, Range 13 West, Pulaski County, Arkansas, more particularly described as follows: Beginning at a point 630.0 feet West and 2075 feet North of the Southeast corner of said E 1/2 of the SW 1/4; thence East 300.0 feet, thence North 110.0 feet; thence West 300 feet; thence South 110.0 feet to the point of beginning, also known and described as: the West 300.0 feet of Tract 28, Newt Grammer Home Sites Subdivision, now in the City of Little Rock, Pulaski County, Arkansas, according to an unrecorded plat thereof. More commonly known as:  31 Valley Drive, Little Rock, AR 72209-7500 This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. The sale held pursuant to this Notice may be rescinded at any time.  The right is reserved to adjourn the day of the sale to another day, time and place certain without further publication, upon announcement at the time and place for the sale set forth above. THE SALE OF THIS PROPERTY WILL BE AUCTIONED WITH RESERVE.  THE TERMS OF SALE ARE CERTIFIED FUNDS PAID AT THE CONCLUSION OF THE SALE, OR CREDIT BID FROM A BANK OR OTHER LENDING ENTITY PRE-APPROVED BY THE SUCCESSOR TRUSTEE.  W&A No. 315020 WILSON & ASSOCIATES, P.L.L.C. 1521 Merrill Drive Suite D-220 Little Rock, AR 72211 DR$T-3/21,3/28,4/4,4/11/17


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