Type: NJFParty: Cornerstone Mortgage Center, IncCounty: SalineAttorney/Contact: Wilson & Associates, PLLCProperty: 3605 Silica Heights, Benton AR 72015Property Description: Pt of Sec 18, T2S, R14W
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. 400 West Capitol Ave., Suite 1400, Little Rock, Arkansas 72201 (501) 219-9388. WHEREAS, on September 2, 2008, Brandy D Doyle Ortiz and Victor Manuel Ortiz executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as beneficiary, as nominee for Cornerstone Mortgage Center, Inc., its successors and assigns; and WHEREAS, said instrument was duly recorded September 4, 2008, in Book No. 08, at Page 077779, and modified on May 7, 2013, in Book No. 13, at Page 044219 in the real estate records of Saline County, Arkansas; and modified on June 2, 2017, Document No. 2017-009864 in the real estate records of Saline County, Arkansas; and WHEREAS, the default is due to missed payments beginning with a due date of November 1, 2019 under the terms of the Note and indebtedness. Because of the failure to fully cure the default the indebtedness was accelerated and is wholly due. The Mortgagee has requested the property be sold to satisfy said indebtedness, together with all fees and costs associated with these proceedings continuing to accrue, pursuant to the terms and conditions of the promissory note and security instrument. 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 MidFirst Bank, 999 NW Grand Boulevard , Oklahoma City, OK 73118-6077 , (405) 947-3232; WHEREAS, the mortgagee or beneficiary has provided the undersigned a copy of the letter required to be sent to Brandy D Doyle Ortiz by Act 885 of 2011; The party initiating this action is MidFirst Bank, 999 NW Grand Boulevard , Oklahoma City, OK 73118-6077, (405) 947-3232; 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 14, 2020, at or about 1:00 PM 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: Those portions of the Southeast Quarter of the Northwest Quarter, Section 18, Township 2 South, Range 14 West, Saline County, Arkansas, more particularly described as follows: Commencing at the Northwest corner of said Section 18, run thence South 1612.70 feet, thence East 1790.00 feet to a point on the centerline of the old Benton- Bauxite Road, thence South 420.00 feet to a found square head bolt, thence East 105.00 feet to a 2" angle iron, thence North 89° 08' 23" East 105.53 feet, thence North 00° 03' 26" West 459.57 feet to the centerline of said Old Benton-Bauxite Road, thence North 78° 30' 51" East along said centerline 79.28 feet to the point of beginning of land herein described, thence North 78° 30' 51" East along said centerline 43.99 feet, thence North 80° 20' 00" East along said centerline 110.86 feet to the East line of said Southeast Quarter of the Northwest Quarter, thence South 00° 00' 00" West along said East line 22.27 feet, thence South 01° 16' 12" West 154.40 feet, thence North 86° 36' 02" West 1.61 feet to fence corner, thence South 00°43' 15" West along said fence line 129.36 feet departing from said fence line South 89° 56' 34" West 145.46 feet, thence North 00° 03' 26" West 278.66 feet to the point of beginning. More commonly known as: 3605 Silica Heights, Benton, AR 72015. 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. 303089. WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue, Suite 1400, Little Rock, AR 72201. (501) 219-9388. Email: Info@TheWilsonLawFirm.com. DR4T-11/17,11/24,12/1,12/8/20