Type: NJFParty: M & T BankCounty: LonokeAttorney/Contact: Wilson & Associates, PLLCProperty: 3055 Bethlehem Road, Lonoke AR 72086Property Description:
NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On March 21, 2007, Jonathan Cornwell and Jennifer Cornwell executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as beneficiary, as nominee for Taylor, Bean & Whitaker Mortgage, Corp., its successors and assigns; which was recorded April 2, 2007, Document No. 200704262 and re-recorded on December 18, 2008, Document No. 200814251, in the real estate records of Lonoke County, Arkansas. A default has occurred due to the failure to make timely payments as required under the terms of the Note and indebtedness. Because of the failure to fully cure the default, the indebtedness was accelerated and is now wholly due. The mortgagee or beneficiary 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. The 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 Lakeview Loan Servicing, LLC, One Fountain Plaza, 7th Floor P.O. Box 840, Buffalo, NY 14203-1495, (800) 724-1633. On May 24, 2022, at or about 11:00 AM at the Lonoke County Courthouse, Lonoke, Arkansas, the real property described below will be sold to the highest bidder for the terms described: A PART OF THE SOUTH HALF (S1/2) OF THE NORTHEAST QUARTER (NE1/4) OF SECTION 26, TOWNSHIP 4 NORTH, RANGE 8 WEST. LONOKE COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SE CORNER OF THE S1/2 NE1/4, SECTION 26; THENCE RUN WEST A DISTANCE OF 350.82 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE WEST A DISTANCE OF 143.98 FEET; THENCE RUN NORTH 12°45'00" WEST A DISTANCE OF 630.00 FEET TO THE CENTER OF BETHLEHEM ROAD; THENCE RUN NORTH 59°15'00" EAST ALONG SAID ROAD A DISTANCE OF 162.00 FEET; THENCE RUN SOUTH 11°39'08" EAST A DISTANCE OF 711.98 FEET TO THE POINT OF BEGINNING, CONTAINING 2.26 ACRES, MORE OR LESS. LEGAL PROVIDED BY SURVEY DATED MARCH 6,2007, PREPARED BY ROBERT G. LLOYD, RLS # 345. More commonly known as: 3055 Bethlehem Road, Lonoke, AR 72086. The Purchaser of said property shall pay the price bid with certified funds paid at the conclusion of the sale and shall assume all transfer taxes and recording fees. If the sale is rescinded for any reason, the purchaser shall be entitled to any funds paid and shall have no further recourse. The property is sold “as is” and 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 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. W&A No. 350390 WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400, Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com DR4T- 04/26, 05/03, 05/10, 05/17/22