Type:   NJF
Party:   Morcap, Inc
County:   Saline
Attorney:   Wilson & Associates, PLLC
Property:   5400 Squirrel Street, Alexander AR 72002
Property Description:   S1/4 Sec8 T1N 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 May 20, 1997, Dianne Worstell executed a security instrument conveying certain property therein described to Morcap, Inc.; and WHEREAS, said instrument was duly recorded May 29, 1997, in Book No. 1997, at Page 19160, 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 Wells Fargo Bank, N.A. successor by merger to Wells Fargo Bank Minnesota, N.A. formerly known as Norwest Bank Minnesota, N.A. as Trustee for Southern Pacific Secured Assets Corp., Mortgage Loan Asset-Backed Certificates, Series 1997-2, 3415 Vision Drive , Columbus, OH 43219  , (866) 550-5705 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 August 27, 2019, 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: Part of the South Quarter of Section 8, Township 1 North, Range 15 West, Saline County, Arkansas, described as follows:  Commence at the Northwest corner of said South Quarter thence North 87 degrees 24 minutes East along the North line of said South Quarter, 944.0 feet to the point of beginning; thence North 87 degrees 24 minutes East along said North line, 896.0 feet; thence South 10 degrees 00 minutes West, 690.47 feet to the center of Squirrel Road; thence North 74 degrees 18 minutes West along the center of said road, 78.9 feet; thence North 59 degrees 49 minutes West along the center of said road 255.8 feet; thence North 64 degrees 17 minutes West along the center of said road, 300.0 feet; thence North 83 degrees 33 minutes West along the center of said road, 96.0 feet; thence South 84 degrees 16 minutes West along the center of said road, 200.0 feet; thence North 13 degrees 17 minutes East, 385.0 feet to the Point of Beginning. More commonly known as:  5400 Squirrel Street, Alexander, AR 72002 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. 58989 WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 DR4T-7/30,8/6,8/13,8/20/19


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