Type:   NJF
Party:   Community Loan Servicing
County:   Lonoke
Attorney/Contact:   Wilson & Associates, PLLC
Property:   593 Kingwood Circle, Cabot AR 72023
Property Description:  

NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On August 23, 2016, Hannah Blalack executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Bank of Little Rock Mortgage Corporation, its successors and assigns; which was recorded August 26, 2016, Document No. 201608356, 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 Community Loan Servicing, LLC, a Delaware Limited Liability Company, 4425 Ponce De Leon Boulevard 5th Floor, Merrick Park Plaza, Coral Gables, FL 33146, (866) 709-3400. On June 9, 2022, at or about 10:00 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 tract of land situated in part of the S 1/2 of the NW 1/4 of Section 32, Township 4 North, Range 9 West, Lonoke County, Arkansas, being more particularly described as follows: Commence at the NW Corner of the SW 1/4 NW 1/4 of Section 32; thence North 89 degrees 21 minutes 30 seconds East 1966.69 feet; thence South 0 degrees 01 minutes 30 seconds East 660.0 feet to the point of beginning said point being in the center of Kingwood Lane, thence continue South 0 degrees 01 minutes 30 seconds East along the centerline of said road 330.0 feet to a point in the centerline of a road; thence South 89 degrees 21 minutes 30 seconds West along the centerline of said road 204.48 feet; thence North 0 degrees 26 minutes East 330.0 feet; thence North 89 degrees 21 minutes 30 seconds East 201.84 feet to the point of beginning. AND a 25 foot road right of way easement located along the East and South boundary lines of said property. More commonly known as: 593 Kingwood Circle, Cabot, AR 72023. 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. 350385 WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400, Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com DR4T- 05/10, 05/17, 05/24, 05/31/22