Type: NJFParty: PHH - OcwenCounty: PulaskiAttorney/Contact: Wilson & Associates, PLLCProperty: 8425 Mabelvale Cut Off Rd, Mabelvale AR 72103Property Description:
AMENDED 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. WHEREAS, on July 7, 1997, Don Allen and Jeanell Allen executed a security instrument conveying certain property therein described to U.S. Mortgage, Inc,; and WHEREAS, said instrument was duly recorded July 10, 1997, in Book No. 97, at Page 043423, and modified on April 15, 2013, Document No. 2013027663 in the real estate records of Pulaski County, Arkansas; and WHEREAS, the default is due to a missed payment that was due on December 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, a Notice of Default was recorded September 18, 2020, Document No. 2020-020617 in the real estate records of Pulaski County, Arkansas which is now being amended; and 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 U.S. Bank National Association, as Trustee, Successor In Interest To Wachovia Bank National Association, As Trustee, Successor By Merger To First Union National Bank, As Trustee for Structured Asset Securities Corporation Mortgage Pass-Through Certificates Series 1998-2, 1661 Worthington Road Suite 100, West Palm Beach, FL 33409, (800) 746-2936; and NOW, THEREFORE, Wilson & Associates, P.L.L.C., as Attorney-in-Fact or Trustee, by virtue of the power, duty, and authority vested in and imposed it, will, on February 8, 2021, at or about 10:00 AM at the Pulaski County Courthouse, Little Rock, 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 Pulaski County, Arkansas, and being more particularly described as follows: PART OF THE NE 1/4 OF THE NE 1/4 OF THE NW 1/4 OF SECTION 11, TOWNSHIP 1 SOUTH, RANGE 13 WEST, IN PULASKI COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: COMMENCE AT THE NORTHEAST CORNER OF THE NE 1/4 NE 1/4 NW 1/4 OF SECTION 11, TOWNSHIP 1 SOUTH, RANGE 13 WEST, RUN SOUTH 114.3 FEET; THENCE SOUTH 68 DEGREES 10 MINUTES WEST 235 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 21 DEGREES 42 MINUTES EAST 195 FEET; THENCE SOUTH 68 DEGREES 10 MINUTES WEST 90 FEET; THENCE SOUTH 21 DEGREES 42 MINUTES EAST 45.5 FEET; THENCE SOUTH 88 DEGREES 54 MINUTES WEST 96 FEET; THENCE NORTH 22 DEGREES 06 MINUTES WEST 204.2 FEET TO THE SOUTH LINE OF MABELVALE CUTOFF ROAD; THENCE NORTHEASTERLY ALONG SAID SOUTH LINE 180 FEET TO THE POINT OF BEGINNING. More commonly known as: 8425 Mabelvale Cut Off Rd, Mabelvale, AR 72103. 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. 347596. WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue, Suite 1400, Little Rock, AR 72201. (501) 219-9388. Email: Info@TheWilsonLawFirm.com. DR4T-1/12,1/19,1/26,2/2/21