Type: NJFParty: Mortgage Electronic Registration SystemsCounty: FaulknerAttorney/Contact: Wilson & Associates, PLLCProperty: 428 Stone Mountain Road, Conway AR 72032Property Description: Pt NW1/4 SE1/4 Sec10 T4N R12W
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 July 23, 2009, James C Gilliland and Amy N Cox executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as nominee for Alacrity Lending Company, its successors and assigns; and WHEREAS, said instrument was duly recorded August 17, 2009, Document No. 2009-15505 and re-recorded on October 29, 2009, Document No. 2009-20473, and modified on January 28, 2010, Document No. 2010-1591 in the real estate records of Faulkner 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 Selene Finance, LP, 9990 Richmond Avenue, Suite 400 , Houston, TX 77042 , (877)735-3637 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 June 24, 2019, at or about 10:00 AM at the Faulkner County Courthouse, Conway, 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 Faulkner County, Arkansas, and being more particularly described as follows: Part of the northwest 1/4 southeast 1/4 of section 10, T-4-N, R-12-W, Faulkner County, Arkansas, more particularly described as: Beginning at a point for the southeast corner of said northwest 1/4 southeast 1/4 ; thence along the east line of said northwest 1/4 southeast 1/4 north 01 degree 24 minutes 15 seconds east 600.00 feet; thence leaving said east line north 88 degrees 50 minutes 40 seconds west 595.00 feet; thence north 01 degree 24 minutes 04 seconds east 355.00 feet to a set ½ inch rebar for the point of beginning; thence north 88 degrees 41 minutes 15 seconds west 416.19 feet; thence north 02 degrees 56 minutes 53 seconds west 326.40 feet to the centerline of stone mountain road; thence along said centerline to a point south 89 degrees 48 minutes 33 seconds east 188.03 feet, platted 189.05 feet, thence to a point north 88 degrees 55 minutes 55 seconds east 166.28 feet; thence to a point south 80 degrees 37 minutes 54 seconds east 87.67 feet, platted 88.69 feet, thence leaving said centerline south 01 degrees 24 minutes 04 seconds west 323.80 feet to the point of beginning containing 3.25 acres more or less. Subject to all roadways, casements and reservations that are of record or physically in place. Less and except the south 1 acre being described as 100 feet running north and south; and 416.19 feet running east and west. More commonly known as: 428 Stone Mountain Road, Conway, AR 72032 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. 194994 WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 DR4T-5/28,6/4,6/11,6/18/19