Type: NJFParty: Wells Fargo Bank, N.A.County: SalineAttorney/Contact: Wilson & Associates, PLLCProperty: 4760 Highway 5, Benton AR 72019Property Description: SW1/4 Sec29 T1S R15W
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 January 14, 2008, Robert Schenke executed a security instrument conveying certain property therein described to Wells Fargo Bank, N.A.; and WHEREAS, said instrument was duly recorded January 18, 2008, in Book No. 08, at Page 005235, in the real estate records of Saline 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 d/b/a Champion Mortgage Company, 8950 Cypress Water Boulevard , Coppell, TX 75019 , (855) 683-3095 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 October 23, 2018, at or about 9:00 AM at the Saline County Courthouse, Benton, 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 Saline County, Arkansas, and being more particularly described as follows: A PART OF THE SW 1/4 OF SECTION 29, TOWNSHIP 1 SOUTH, RANGE 15 WEST; SALINE COUNTY, ARKANSAS, DESCRIBED AS FOLLOWS: BEGINNING AT THE WEST 1/4 CORNER OF SAID SECTION 29 AND RUN THENCE SOUTH 88 DEGREES 54 MINUTES EAST 492.1 FEET; THENCE SOUTH 906 FEET; THENCE EAST 343.3 FEET TO THE POINT OF BEGINNING PROPER; THENCE EAST 35 FEET; THENCE SOUTH 240 FEET TO THE NORTH LINE OF HIGHWAY #5; THENCE NORTH 76 DEGREES EAST ALONG SAID HIGHWAY 518 FEET; THENCE NORTH 18 DEGREES WEST 174.2 FEET; THENCE SOUTH 72 DEGREES WEST 210 FEET; THENCE NORTH 18 DEGREES WEST 173.2 FEET; THENCE SOUTH 80 DEGREES WEST 225 FEET; THENCE SOUTH 120 FEET TO THE POINT OF BEGINNING PROPER. ALSO, A PART OF THE SW 1/4 OF SECTION 29, TOWNSHIP 1 SOUTH, RANGE 15 WEST, SALlNE COUNTY, ARKANSAS DESCRIBED AS FOLLOWS: BEGINNING AT THE WEST 1/4 CORNER OF SAID SECTION 29 AND THENCE RUN SOUTH 88 DEGREES 54 MINUTES EAST 492.1 FEET; THENCE SOUTH 906 FEET; THENCE EAST 378.3 FEET: THENCE SOUTH 240 FEET TO THE NORTH LINE OF HIGHWAY NO. 5; THENCE NORTH 76 DEGREES EAST ALONG SAID HIGHWAY 518 FEET; THENCE NORTH 18 DEGREES WEST 174.2 FEET FOR A POINT OF BEGINNING OF LANDS HEREIN DESCRIBED; THENCE RUN SOUTH 72 DEGREES WEST 210 FEET; THENCE NORTH 18 DEGREES WEST 173.2 FEET; THENCE EAST TO THE WEST BOUNDARY OF THE PUBLIC ROAD; THENCE ALONG THE WEST BOUNDARY OF THE PUBLIC ROAD TO THE POINT OF BEGINNING. More commonly known as: 4760 Highway 5, Benton, AR 72019 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. In the event of inclement weather, the right is reserved to postpone the sale to a date to be specified via mailed notices. 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. 331851 WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 DR4T-9/25,10/2,10/9,10/16/18