Type:   NJF
Party:   Wilmington Savings Fund Society, FSB, as Owner Trustee of the Residential Credit Opportunities Trust VII-A
County:   Saline
Attorney/Contact:   Marinosci Law Group, PC
Property:   1906 Alcoa Road, Benton AR 72015
Property Description:  

MORTGAGEE’S 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 AND AN ACTION FOR COLLECTION MAY BE BROUGHT AGAINST YOU. NOTICE IS HEREBY GIVEN that on May 27, 2021, at or about 12:00 PM, the following real property will be sold at the Saline County Courthouse in Benton, Arkansas, to the highest bidder for cash: THE LAND HEREINAFTER REFERRED TO IS SITUATED IN THE CITY OF BENTON, COUNTY OF SALINE, STATE OF ARKANSAS, AND IS DESCRIBED AS FOLLOWS: A PART OF SUN VALLEY SUBDIVISION, AN ADDITION TO THE CITY OF BENTON, SALINE COUNTY, ARKANSAS, BEING A PART OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER (SE/4 SW/4) OF SECTION 1, TOWNSHIP 2 SOUTH, RANGE 15 WEST, IN SALINE COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID SOUTHEAST QUARTER OF SOUTHWEST QUARTER, NORTH 89 DEG. 46 MIN. 33 SEC. EAST 362.03 TO A POINT IN ARKANSAS STATE HIGHWAY #88 (AR88), ALSO KNOWN AS ALCOA ROAD; THENCE LEAVING THE SOUTH LINE NORTH 00 DEG. 36 MIN. 00 SEC. WEST 195.10 TO THE POINT OF BEGINNING, PASSING AT 22.19 FEET A SET 5/8 INCH REBAR AND CAP; THENCE CONTINUING NORTH 00 DEG. 36 MIN. 00 SEC. WEST 170.00 FEET TO A SET 5/8 INCH REBAR AND CAP, THENCE NORTH 89 DEG. 24 MIN. 00 SEC. EAST 100.00 FEET TO A SET 5/8 INCH REBAR AND CAP; THENCE SOUTH 00 DEG. 36 MIN. 00 SEC. EAST 170.00 FEET TO A SET 5/8 INCH REBAR; THENCE SOUTH 89 DEG. 24 MIN. 00 SEC. WEST 100.00 FEET TO THE POINT OF BEGINNING, ENCLOSING 0.390 ACRES, AND SUBJECT TO THE EXISTING RIGHT OF WAY OF ARKANSAS STATE HIGHWAY #88. TOGETHER WITH AN EASEMENT IN PART OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER (SE/4 SW/4) OF SECTION 1, TOWNSHIP 2 SOUTH, RANGE 15 WEST, IN SALINE COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID SOUTHEAST QUARTER OF SOUTHWEST QUARTER, NORTH 89 DEG. 46 MIN. 33 SEC. EAST 362.03 TO A POINT IN ARKANSAS STATE HIGHWAY #88 (AR88), ALSO KNOWN AS ALCOA ROAD; THENCE LEAVING THE SOUTH LINE NORTH 00 DEG. 36 MIN. 00 SEC. WEST 195.10, PASSING AT 22.19 FEET A SET 5/8 INCH REBAR AND CAP; THENCE NORTH 89 DEG. 24 MIN. 00 SEC. EAST 66.28 FEET TO FOUND 5/8 INCH REBAR AND CAP AND THE POINT OF BEGINNING; THENCE CONTINUING NORTH 89 DEG. 24 MIN. 00 SEC. EAST 33.72 FEET TO A SET 5/8 INCH REBAR; THENCE SOUTH 00 DEG. 36 MIN. 00 SEC. EAST 1.96 FEET; THENCE SOUTH 50 DEG. 58 MIN. 00 SEC. EAST 233.14 FEET TO A SET 5/8 INCH REBAR ON THE NORTH RIGHT OF WAY LINE OF SAID AR88; THENCE ALONG THE NORTH RIGHT OF WAY LINE OF SAID AR88 NORTH 81 DEG. 37 MIN. 57 SEC. EAST 40.75 FEET TO A SET 5/8 INCH REBAR; THENCE SOUTH 50 DEG. 58 MIN. 00 SEC. EAST 53.89 TO THE CENTERLINE OF SAID AR88; THENCE ALONG SAID CENTERLINE OF AR88 SOUTH 80 DEG. 32 MIN. 29 SEC. WEST 66.77 FEET; THENCE NORTH 50 DEG. 58 MIN. 00 SEC. WEST 297.59 FEET TO THE POINT OF BEGINNING, ENCLOSING 0.173 ACRES AND SUBJECT TO THE EXISTING RIGHT OF WAY OF ARKANSAS STATE HIGHWAY #88. APN: 800-69438-002. More commonly known as: 1906 Alcoa Road, Benton, AR 72015. On December 30, 2011, Christopher L Ward executed a Mortgage in favor of Mortgage Electronic Registration Systems, Inc., as nominee for Summit Bank, which was recorded January 11, 2012, in Book 2012, at Page 2712, in the office of the Ex-officio recorder of Saline County, Arkansas. Default has occurred in the payment of said indebtedness and is now wholly due. The loan is now in default. Tenants of the property may claim an interest in the real property herein. The sale will extinguish all interests in any part of the property, including existing lienholders, previous owners of the property, or tenants. Any purchaser at the sale shall pay a Trustee’s fee in addition to its bid. The terms of the call are certified funds paid at the conclusion of the sale or wiring of funds within twenty-four hours of the sale. All transfer taxes will be the responsibility of the purchaser. The party initiating this action is American Mortgage Investment Partners, 2999 Westminster Avenue, Seal Beach, CA 90740, 562-735-6555 x100.  MARINOSCI LAW GROUP, P.C., 14643 Dallas Parkway, Suite 750, Dallas, TX 75254. Christopher K. Baxter, Attorney at Law, Attorney-in-Fact for Wilmington Savings Fund Society, FSB, as Owner Trustee of the Residential Credit Opportunities Trust VII-A. File No. 20-04574 DR4T-4/27,5/4,5/11,5/18/21


PRINT