Type:   NJF
Party:   Mortgage Electronic Registration Systems
County:   Lonoke
Case Number:   TS19025391
Attorney:   James McPherson
Property:   182 Hester Loop, Lonoke AR 72086
Property Description:   Pt SW1/4 Sec17 T3N

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: PART OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION SEVENTEEN, TOWNSHIP THREE NORTH OF THE BASE LINE, RANGE EIGHT WEST OF THE FIFTH PRINCIPAL MERIDIAN, LONOKE COUNTY. ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT AN EXISTING SPINDLE BEING THE SW CORNER OF SAID SOUTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 17, T3N-R8W. THENCE N 89º37' 57'' E 1286.02 FEET TO A POINT; THENCE N 00º34' 18" E FOR 764.28 FEET TO AN EXISTING 1/2'' REBAR FOR THE POINT OF BEGINNING; THENCE N 87º36' 55" W FOR 296.96 FEET TO AN EXISTING 1/2" REBAR; THENCE N 00º30' 15" E FOR 212.98 FEET TO A POINT; THENCE N 89º 39' 21" E FOR 297.16 FELT TO AN EXISTING 1/2" REBAR; THENCE S 00º 35' 16" W FOR 227.13 FEET RETURNING TO THE POINT OF BEGINNING, CONTAINING 1.5 ACRES. MORE OR LESS. Street Address: 182 Hester Loop Lonoke AR 72086 WHEREAS on September 11, 2017 BRANDON T RAY and NATALIE E RAY, HUSBAND AND WIFE, executed a Mortgage in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. ACTING SOLELY AS NOMINEE FOR BEAR STATE BANK. Said Mortgage was recorded on September 15, 2017 as instrument number 2017-09102 in the real property records of Lonoke County, Arkansas. The Mortgage was subsequently assigned to AMERIHOME MORTGAGE COMPANY LLC, by virtue of an assignment dated May 14, 2019 and recorded on May 20, 2019 as instrument number 2019-04662 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: Amerihome Mortgage Company, LLC Attn: FC 425 Phillips Blvd Ewing NJ 08618 at Telephone No. 800-223-6527; 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 5th day of December, 2019. Amerihome Mortgage Company, LLC, 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. 19-025391 A-4713325 01/07/2020, 01/14/2020, 01/21/2020, 01/28/2020