Type:   NJF
Party:   Regions Bank
County:   Lonoke
Attorney:   J.P. Sellers
Property:   16 Cumberland Drive, Cabot AR 72023
Property Description:   L38 Shiloh Subd PhIII-B

MORTGAGEE'S NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR SUCH PURPOSE. On October 14, 2005, Carroll Owens, Jr. and Amanda G. Owens executed a Mortgage in favor of REGIONS BANK D/B/A REGIONS MORTGAGE, which was recorded on October 21, 2005, as Instrument No. 200514672 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: Regions Mortgage, 7130 Goodlett Farms Parkway, Cordova, TN 38016, at Telephone No. 800-748-9498; and A default occurred under the terms of the Note and indebtedness. Because of the failure to cure the default the indebtedness was accelerated, is now therefore wholly due and the Mortgagee has requested the property be sold to satisfy said indebtedness. On Thursday, May 7, 2020 on or about 10:00 AM, the following described real property will be sold at the front door entrance of the Lonoke County Courthouse, 301 North Center St., Lonoke, AR 72086, to the highest bidder for cash: Lot 38, in Shiloh Subdivision, Phase III-B in the City of Cabot, Lonoke County, Arkansas. More commonly known as 16 Cumberland Drive, Cabot, AR 72023. There may be occupants that claim an interest in the real property herein based upon said occupancy. The undersigned is the attorney-in-fact for the mortgagee and is acting on behalf of and with the consent 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. The 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. Unless discharged by bankruptcy, if your property is sold, then you will remain liable for any deficiency and an action for collection may be brought against you. The sale held pursuant to this Notice may be rescinded at the Attorney-in-Fact's option 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. The property is being sold “as is” with no representation as to its condition THE TERMS OF SALE ARE CASH THE DAY OF SALE AND ALL TRANSFER TAXES WILL BE THE RESPONSIBILITY OF THE PURCHASER. If the sale is set aside for any reason, the Purchaser at the sale shall be entitled only to a return of the deposit paid. The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee or the Mortgagee’s attorney. Witness my hand this 13th day of February, 2020 J.P. Sellers, Attorney at Law, Bar Number 2009232 Attorney-in-Fact for REGIONS BANK D/B/A REGIONS MORTGAGE Mackie Wolf Zientz & Mann, P.C. 124 W. Capitol Avenue, Suite 1560 Little Rock, AR 72201 (501) 218-8111 BCNS171158 DR4T-4/7,4/14,4/21,4/28/20


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