Type: NJFParty: Mortgage Electronic Registration SystemsCounty: LonokeAttorney/Contact: Wilson & Associates, PLLCProperty: 366 Deer Meadow, Ward AR 72176Property Description: NE1/4 Sec13 T-4-N R-8-W
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 April 26, 2011, Todd N. Shankles and Paula K. McGraw-Shankles executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as nominee for First Arkansas Mortgage Company, its successors and assigns.; and WHEREAS, said instrument was duly recorded April 28, 2011, Document No. 201104291, and modified on August 7, 2014, in Book No. 201407556 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 Nationstar Mortgage, LLC, 8950 Cypress Waters Blvd. , Coppell, TX 75019 , (877) 450-8638 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 July 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 NE1/4, SECTION 13, T-4-N, R-8-W, LONOKE COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE SE CORNER OF THE NE1/4, SECTION 13; THENCE NORTH 89 DEGREES 12 MINUTES 15 SECONDS WEST 1313.01 FEET TO THE POINT OF BEGINNING; THENCE NORTH 89 DEGREES 12 MINUTES 15 SECONDS WEST 418.85 FEET; THENCE NORTH 0 DEGREES 18 MINUTES 40 SECONDS WEST 413.0 FEET; THENCE EAST 399.22 FEET; THENCE SOUTH 2 DEGREES 59 MINUTES EAST 419.40 FEET TO THE POINT OF BEGINNING. A 60 FOOT ROAD EASEMENT ALONG THE EAST PROPERTY LINE. AKA LOT 5 DEER MEADOWS UNRECORDED More commonly known as: 366 Deer Meadow, Ward, AR 72176 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. 238652 WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 DR4T-6/27,7/4,7/11,7/18/17