Type: NJFParty: Wells Fargo Bank, N.A.County: LonokeAttorney/Contact: Wilson & Associates, PLLCProperty: 34 Allen Cove, Ward AR 72176Property Description: W1/2 NW1/4 Sec5 T4N R8W
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 30, 2006, Morgan R. Strayer and Rebecca L. Strayer executed a security instrument conveying certain property therein described to Wells Fargo Bank, N.A.; and WHEREAS, said instrument was duly recorded September 7, 2006, Document No. 200612299, in the real estate records of Lonoke 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 Specialized Loan Servicing LLC, 8742 Lucent Boulevard Suite 300, Highlands Ranch, CO 80129 , (800) 315-4757 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 6, 2018, at or about 10:00 AM at the Lonoke County Courthouse, Lonoke, 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 Lonoke County, Arkansas, and being more particularly described as follows: PART OF WEST HALF OF THE NORTHWEST QUARTER OF SECTION 5, TOWNSHIP 4 NORTH, RANGE 8 WEST, LONOKE COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION 5; THENCE N 89° 57' 03" E, 464.00 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING N 89° 57' 03" E, 198.50 FEET; THENCE S 00° 20' 37" E, 660.51 FEET; THENCE S 89° 57' 02" W, 198.50 FEET; THENCE N 00° 20' 37" W, 660.51 FEET TO THE POINT OF BEGINNING. SUBJECT TO ALL EASEMENTS AND RIGHTS OF WAY AS SHOWN ON A SURVEY BY JAMES L BUTLER, PLS #261 (ARK), DATED JUNE 28, 2001; ALSO KNOWN AS TRACT #4, DAVIS FARM ESTATES (UNRECORDED). More commonly known as: 34 Allen Cove, Ward, AR 72176 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. 330442 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