Type: NJFParty: Mortgage Electronic Registration SystemsCounty: SalineAttorney/Contact: Wilson & Associates, PLLCProperty: 7412 Ram Rd, Mabelvale AR 72103Property Description: E1/2 Sec36 T1S R13W
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 August 10, 2010, William David Bowden executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as nominee for Bank of America, N.A., its successors and assigns; and WHEREAS, said instrument was duly recorded August 30, 2010, in Book No. 10, at Page 069569, 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 PennyMac Loan Services, LLC, 3043 Townsgate Road Suite 200, Westlake Village, CA 91361 , (866) 549-3583 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 December 5, 2018, at or about 11:30 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: THE EAST 1/2 OF ALL THAT PARCEL OF LAND IN SALINE COUNTY, STATE OF ARKANSAS, BEING KNOWN AND DESIGNATED AS FOLLOWS: A TRACT OF LAND DESCRIBED AS: A TRACT OF LAND LOCATED IN SECTION 36, TOWNSHIP 1 SOUTH, RANGE 13 WEST, SALINE COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NW CORNER OF THE SW 1/4 SW 1/4; SECTION 36, TOWNSHIP 1 SOUTH, RANGE 13 WEST; THENCE SOUTH 88 DEGREES 02 MINUTES 42 SECONDS EAST, 250 FEET; THENCE SOUTH 1 DEGREE 25 MINUTES EAST, 373.4 FEET; THENCE NORTH 76 DEGREES 07 MINUTES WEST, 167 FEET; THENCE NORTH 88 DEGREES 45 MINUTES WEST, 106.6 FEET; THENCE NORTH 1 DEGREE 42 MINUTES EAST, 339.4 FEET. ALSO DESCRIBED AS TRACT 1 OF AN UNRECORDED PLAT INCLUDING THE ABOVE-DESCRIBED PROPERTY, SAID PLAT BEING RENDERED BY RT. BICKERSTALL, REGISTER LAND SURVEYOR, STATE OF ARKANSAS, NO 112, DATED JANUARY 2, 1976 FOR DELTA REALTY CO. 111 NORTH FILMORE. LITTLE ROCK, AR. 72205. ALSO KNOWN AS AND MORE PARTICULARLY DESCRIBED IN CORRECTION WARRANTY DEED FILED ON 04/04/18 AS INSTRUMENT NUMBER 2018-006070 as follows: All that part of the Southwest Quarter of the Southwest Quarter of Section 36, Township 1 South, Range 13 West, Saline County, Arkansas, more particularly described as follows: Commencing at a found axle used for the Northwest corner of said SW 1/4 of SW 1/4 and run thence South 85° 50' 45" East 129.46 feet to the point of beginning; thence continue South 85° 50' 45" East 125.10 feet to a found 3/8" rebar; thence South 00° 52' 50" East 373.40 feet to a point in Ram Road; thence North 76° 09' 35" West along said Ram Road 139.33 feet to a point; thence departing said Ram Road North 00° 46' 59" East 349.12 feet to the point of beginning, containing 46,958 square feet or 1.08 acres, more or less. Subject to right-of-way for Ram Road along the South side. More commonly known as: 7412 Ram Rd, Mabelvale, AR 72103 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. 332637 WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 DR4T-11/6,11/13,11/20,11/27/18