Type: NJFParty: CelinkCounty: LonokeAttorney/Contact: Wilson & Associates, PLLCProperty: 10 Bryant Street, England AR 72046Property 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 July 18, 2008, Norma J Brown executed a security instrument conveying certain property therein described to Financial Freedom Senior Funding Corporation, A Subsidiary of Indy; and WHEREAS, said instrument was duly recorded July 29, 2008, Document No. 200808828, in the real estate records of Lonoke County, Arkansas; and WHEREAS, said account is in default under the terms of the note and security instrument because the borrower(s) have not maintained the subject property as their primary residence as of October 3, 2019. Because of the failure to 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 Bank of New York Mellon Trust Company, N.A. as Trustee for Mortgage Assets Management Series I Trust, 3900 Capital City Boulevard , Lansing, MI 48906 , (800) 761-0073. 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 June 1, 2021, 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: All that certain parcel of land situated in Lonoke County, State of Arkansas, being known and designated as Lots 1 and 2, Block 1, Tripletts Addition, recorded in Book 283, Page 518. LESS AND EXCEPT that property as shown on Judgment in Circuit Court Case No. 43CV-01-266, and more further described as follows: TRACT NO. 71: Part of Lots 1 and 2, Block 1, Triplett's Addition to the town of Allport, Lonoke County, Arkansas, more particularly described as follows: Starting at the Southwest Corner of Lot 2, Block 1, Triplett's Addition; thence North 00° 39' 49" East along the West line thereof a distance of 153.52 feet tor the point of beginning; thence continue North 00° 39' 49" East along said West line a distance of 16.50 feet to a point on the existing Southerly right of way line of U.S. Highway 165; thence South 88° 35' 51" East along said existing right of way line a distance of 46.66 feet to a point on the East line of Lot 1, Block 1, Triplett's Addition; thence South 00° 39' 49" West along said East line a distance of 16.20 feet to a point on the proposed Southerly right of way line of U.S. Highway 165; thence North 88° 58' 06" West along said proposed right of way line a distance of 46.66 feet to the point of beginning and containing 0.02 acre or 763 square feet more or less. More commonly known as: 10 Bryant Street, England, AR 72046. 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. 345963. WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue, Suite 1400, Little Rock, AR 72201. (501) 219-9388 Email: Info@TheWilsonLawFirm.com DR4T-5/4,5/11,5/18,5/25/21