Type: NJFParty: Mortgage Electronic Registration SystemsCounty: LonokeAttorney/Contact: Wilson & Associates, PLLCProperty: 3811 South Walters Chapel Road, Carlisle AR 72024Property Description: SE1/4 NE1/4 Sec24 T3N R7W
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 February 6, 2007, David E Slatton and Danna Slatton executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as nominee for Countywide Home Loans, Inc.,, its successors and assigns; and WHEREAS, said instrument was duly recorded February 21, 2007, Document No. 200702290, in the real estate records of Lonoke 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 PennyMac Loan Services, LLC, 3043 Townsgate Road Suite 200, Westlake Village, CA 91361 , (866) 549-3583 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 26, 2017, at or about 11:00 AM at the Lonoke County Courthouse, Lonoke, 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 Lonoke County, Arkansas, and being more particularly described as follows: A tract of land located in part of the SE1/4 NE1/4, Section 24, T3N, R7W, Lonoke County, Arkansas, being more particularly described as follows: Commencing at the Southwest corner of the SE1/4 NE1/4, Section 24, T3N, R7W, thence North down the West line of said quarter line 422.23 feet to the point of beginning, thence continue North down said line 145.20 feet, thence North 88 degrees 04 minutes 54 seconds East 300 feet, thence South 145.20 feet, thence South 88 degrees 04 minutes 54 seconds West 300 feet to the point of beginning. More commonly known as: 3811 South Walters Chapel Road, Carlisle, AR 72024 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. 319932 WILSON & ASSOCIATES, P.L.L.C. 1521 Merrill Drive Suite D-220 Little Rock, AR 72211 DR4T-3/28,4/4,4/11,4/18/17