Type:   NJF
Party:   Option One Mortgage Corporation
County:   Lonoke
Attorney/Contact:   Wilson & Associates, PLLC
Property:   1889 Staton Road, Lonoke AR 72086
Property Description:   SW1/4 SE1/4 Sec2 T1S 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 July 18, 2007, Johnny Staton and Regina Staton executed a security instrument conveying certain property therein described to Option One Mortgage Corporation, a California Corporation; and WHEREAS, said instrument was duly recorded August 16, 2007, Document No. 200711174, 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 Wells Fargo Bank, National Association as Trustee for Soundview Home Loan Trust 2007-OPT5, Asset-Backed Certificates, Series 2007-OPT5, 1661 Worthington Road Suite 100, West Palm Beach, FL 33409  , (800) 746-2936 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 February 6, 2020, 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: The Following Lands lying in the Lonoke County, Arkansas: Beginning at a point 611 Feet South of the Northeast Corner of the SW 1/4 of the SE 1/4 of Section 2, Township 1 South, Range 8 West, thence West 625 Feet, thence South 209 Feet, thence East 625 Feet, thence North 209 Feet to the Point of Beginning and Containing 3 acres, more or less. More commonly known as:  1889 Staton Road, Lonoke, AR 72086 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. 343430 WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 DR4T-1/7,1/14,1/21,1/28/20


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