Type: NJFParty: Mortgage Electronic Registration SystemsCounty: LonokeAttorney/Contact: Wilson & Associates, PLLCProperty: 20 Moss Lane, Austin AR 72007-8892Property Description: L4-6 B50 Pt L7-9 B39 Town of Old Austin
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 March 2, 2009, Steven Watters and Catherine Watters executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as nominee for Metropolitan National Bank, its successors and assigns; and WHEREAS, said instrument was duly recorded March 16, 2009, Document No. 200902773, 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 Wells Fargo Bank, N.A., 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 March 8, 2018, at or about 10:00 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 parcel of land being part of Des Arc Street, all of Lot 4, Lot 5 and Lot 6, Block 50, and part of Lot 7, Lot 8 and Lot 9, Block 39, Town of Old Austin (Oakland Grove), Lonoke County, Arkansas, more particularly described as follows; Beginning at a found one-half diameter rebar at the Southwest comer of Lot 6, Block 50, Town of Old Austin (Oakland Grove); thence North 00 degrees 03 minutes 04 seconds West, 316.02 feet to a set one-half diameter rebar; thence South 89 degrees 24 minutes 00 seconds East, 150.00 feet to a set one-half diameter rebar; thence South 00 degrees 03 minutes 04 seconds East, 316.02 feet to a found one-half inch diameter rebar; thence North 89 degrees 24 minutes 00 seconds West, 150.00 feet to the point of beginning. More commonly known as: 20 Moss Lane, Austin, AR 72007-8892 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. 326876 WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 DR4T-2/6,2/13,2/20,2/27/18