Type: NJFParty: Mortgage Electronic Registration SystemsCounty: LonokeCase Number: TS19024980Attorney/Contact: James McPhersonProperty: 155 Lucy Ln, Lonoke AR 72086Property Description: N1/2 SE1/4 Sec22 T4N R8W
MORTGAGEE'S NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION IF THIS PROPERTY IS SOLD YOU WILL REMAIN LIABLE FOR ANY DEFICIENCY WHICH THEN EXISTS AND AN ACTION TO COLLECT IT MAY BE BROUGHT AGAINST YOU THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR SUCH PURPOSE NOTICE IS HEREBY GIVEN that on February 6, 2020 at or about 10:00AM, the subject real property described herein below will be sold at the Main Entrance of the Lonoke County Courthouse, 301 North Center St., Lonoke, AR 72086 to the highest bidder for cash. The sale will extinguish all interests, including those of existing lien holders or previous owners in the property. THE TERMS OF SALE ARE CASH THE TIME OF SALE AND ALL TRANSFER TAXES WILL BE THE RESPONSIBILITY OF THE PURCHASER. WHEREAS, the property secured under the Mortgage is located in Lonoke County, Arkansas more particularly described as follows: ALL THAT CERTAIN PARCEL OF LAND SITUATED IN THE CITY OF LONOKE, COUNTY OF LONOKE AND STATE OF ARKANSAS BOUNDED AND DESCRIBED AS FOLLOWS: PART OF THE NORTH HALF OF THE SOUTHEAST QUARTER OF SECTION 22, TOWNSHIP 4 NORTH. RANGE 8 WEST, LONOKE COUNTY, ARKANSAS AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID NORTH HALF, SOUTHEAST QUARTER, SECTION 22, THENCE NORTH 00 DEGREES 19 MINUTES 06 SECONDS EAST, 664.63 FEET ALONG THE EAST LINE OF SECTION 22; THENCE SOUTH 89 DEGREES 38 MINUTES 40 SECONDS WEST ALONG THE CENTERLINE OF A 60 FOOT EASEMENT, 664.05 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 00 DEGREES 30 MINUTES 15 SECONDS WEST. 660.48 FEET; THENCE NORTH 89 DEGREES 59 MINUTES 45 SECONDS WEST. 329.98 FEET; THENCE NORTH 00 DEGREES 30 MINUTES 15 SECONDS EAST, 658.41 FEET; THENCE NORTH 89 DEGREES 38 MINUTES 40 SECONDS EAST, 330.0 FEET TO THE POINT OF BEGINNING, BEING ALSO KNOWN AS TRACT 11, LUCY LANE SURVEY. ALSO INCLUDED IS A 1999 SPIR MOBILE HOME, VIN# AR3399327044941AB Street Address: 155 Lucy Ln Lonoke AR 72086 WHEREAS on July 3, 2012 Malvin C. Clark Jr., a married person, executed a Mortgage in favor of Mortgage Electronic Registration Systems, Inc., as nominee for U.S. Bank N.A. Said Mortgage was recorded on July 10, 2012 as instrument number 201207466 in the real property records of Lonoke County, Arkansas. Said Mortgage was subsequently assigned to U.S. Bank National Association by virtue of an assignment dated June 28, 2016 and recorded on July 8, 2016 as instrument number 201606588 in the real property records of Lonoke County, Arkansas. The party initiating foreclosure can be contacted at or in care of its servicer initiating foreclosure at: U.S. Bank National Association 4801 Frederica Street Owensboro KY 42301 at Telephone No. 800-365-7772; and WHEREAS, there may be tenants that claim an interest in the real property herein based upon said tenancy; and WHEREAS, the undersigned is the attorney for the mortgagee and is acting on and with the consent and authority of the mortgagee who is exercising its power of sale under Ark. Code Ann. Section 18-50-115 which implies a power of sale in every mortgage of real property situated in this state that is duly acknowledged and recorded; and default has occurred in the payment of said indebtedness, and the same is now therefore wholly due; and the holder of the debt has requested the undersigned to sell the property to satisfy said indebtedness. This sale is subject to all matters shown on any applicable recorded plat or bill(s) of assurance; any restrictive covenants, easements, set back liens or encroachments; any unpaid and/or delinquent taxes or special assessments; any statutory redemption rights of any governmental entity; any prior liens or encumbrances as well as any priority created by a UCC or fixture filing; and, to any matter that an accurate survey of the property might disclose. This property is being sold "as is" with no representation as the condition of any structure(s) thereon or the accuracy of the above legal description. Transfer taxes and recording fees are the responsibility of the purchaser. WITNESS my hand this 3rd day of December, 2019. U.S. Bank, National Association, by its attorney-in-fact, Albertelli Law James McPherson, Esq; AR2011038 1 Information Way Suite 201 Little Rock, AR 72202 501-406-0855 A LAW No. 19-024980 A-4712961 01/07/2020, 01/14/2020, 01/21/2020, 01/28/2020