Type: NJFParty: Freedom Mortgage CorporationCounty: FaulknerAttorney/Contact: Wilson & Associates, PLLCProperty: 14 Arrow Ridge Rd, Damascus AR 72039Property Description:
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 March 15, 2017, Wanda Landis executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Iberiabank d/b/a Iberiabank Mortgage, its successors and assigns; and WHEREAS, said instrument was duly recorded March 27, 2017, Document No. 201704576, in the real estate records of Faulkner County, Arkansas; and WHEREAS, the default is due to missed payments beginning with a due date of January 1, 2020 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 Freedom Mortgage Corporation, 10500 Kincaid Dr. , Fishers, IN 46037 , (855) 690-5900. 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 March 15, 2021, at or about 10:00 AM at the Faulkner County Courthouse, Conway, 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 Faulkner County, Arkansas, and being more particularly described as follows: A part of the Northeast Quarter of the Southwest Quarter, Section 3, Township 8 North, Range 13 West, Faulkner County, Arkansas, more particularly described as beginning at the Southwest corner of the Northeast Quarter of the Southwest Quarter; thence South 87 degrees 29 minutes 21 seconds East 681.07 feet along the South line of said Northeast Quarter of the Southwest Quarter ; thence leaving said South line North 00 degrees 36 minutes 09 seconds East, 268.34 feet to the point of beginning, said point being in the centerline of a road; thence leaving said centerline and continuing North 00 degrees 36 minutes 09 seconds East, 674.88 feet to the South bank of Batesville Mountain Creek; thence along said South bank to a point North 39 degrees 19 minutes 59 seconds East, 29.20 feet; thence to a point North 49 degrees 50 minutes 27 seconds East 23.11 feet; thence to a point North 69 degrees 17 minutes 09 seconds East, 14.09 feet; thence to a point North 82 degrees 27 minutes 52 seconds East, 11.10 feet; thence to a point South 85 degrees 50 minutes 25 seconds East, 31.18 feet; thence to a point South 78 degrees 5 minutes 30 seconds East, 86.36 feet; thence to a point South 84 degrees 24 minutes 58 seconds East, 24.29 feet; thence leaving said South bank South 00 degrees 35 minutes 09 seconds West, 642.95 feet to the centerline of a road; thence along said centerline to a point South 74 degrees 57 minutes 48 seconds West, 207.89 feet to the point of beginning. Reserving the South 25.0 feet for public road easement purposes. Being sometimes known as Lot 2, Pavatt Point Subdivision, unrecorded. More commonly known as: 14 Arrow Ridge Rd, Damascus, AR 72039. 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. 349043. WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue, Suite 1400, Little Rock, AR 72201. (501) 219-9388 Email: Info@TheWilsonLawFirm.com DR4T-2/16,2/23,3/2,3/9/21