Type:   NJF
Party:   Mortgage Electronic Registration Systems
County:   Lonoke
Attorney:   Wilson & Associates, PLLC
Property:   3355 E Main St, Cabot AR 72023
Property Description:   Sec16 T4N R9W

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 November 28, 2017, Helen M McGarity executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Caliber Home Loans, Inc., its successors and assigns; and WHEREAS, said instrument was duly recorded December 5, 2017, Document No. 2017-11853, and modified on May 1, 2019, Document No. 2019-04014 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 Caliber Home Loans, Inc., 3701 Regent Boulevard Suite 200, Irving, TX 75063  , (800) 401-6587 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 April 21, 2020, at or about 9:00 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: A tract of land located In the East Half of the SW1/4 of the SE1/4, Section 16, Township 4 North, Range 9 West, Lonoke County, Arkansas, being more particularly described as follows: Commencing at the Northwest corner of said East Half, SW1/4, SE1/4, Section 16, thence South 02 degrees 35 minutes 20 seconds West 511.67 feet, thence East 40.0 feet, thence South 02 degrees 35 minutes 20 seconds West 508.33 feet for the point of beginning, thence East 384.16 feet, thence South 02 degrees 35 minutes 28 seconds West 300 feet, thence West 384.16 feet, thence North 02 degrees 35 minutes 20 seconds East 300 feet to the point of beginning. More commonly known as:  3355 E Main St, Cabot, AR 72023 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. 345553 WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 DR4T-3/24,3/31,4/7,4/14/20