Type:   NJF
Party:   Wells Fargo Bank, N.A.
County:   Faulkner
Attorney/Contact:   Wilson & Associates, PLLC
Property:   70 East Main Street, Greenbrier AR 72058
Property Description:  

NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On August 4, 2017, Justin Cato executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Eagle Bank & Trust Company, its successors and assigns; which was recorded August 9, 2017, Document No. 201712434, in the real estate records of Faulkner 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 Wells Fargo Bank, N.A., 1000 Blue Gentian Road N9286-01Y, Eagan, MN 55121, (866) 234-8271. On August 29, 2022, at or about 10:00 AM at the Faulkner County Courthouse, Conway, Arkansas, the real property described below will be sold to the highest bidder for the terms described: Part of the Southeast Quarter of the Northwest Quarter, Section 22, Township 7 North, Range 13 West, Faulkner County, Arkansas. Said property being more particularly described as follows: Commencing at the Northwest Corner of the SE1/4 of the NW1/4 of said Section 22; thence S88°25'05"E 104.67 feet to the centerline of a creek, thence along said creek S22°58'50"W 44.45 feet; thence S20°10'28"E 27.48 feet; thence S57°11'26"E 43.37 feet; thence N85°57'17"E 25.90 feet; thence S39°27'54"E 53.30 feet; thence S26°55'40"E 72.13 feet; thence S43°53'22"E 82.03 feet; thence S73°24'09"E 40.77 feet; thence leaving said creek S01°19'08"W 278.36 feet; thence N83°11'33"W 90.94 feet; thence S12°46'44"W 150.51 feet to the North Right of Way of State Highway 225; thence along said Right of Way N50°05'26"W 69.00 feet; thence N46°53'35"W 208.84 feet; thence leaving said Right of Way N01°36'22"E 495.00 feet to the Point of Beginning. Said Property contains 3.480 Acres, more or less. More commonly known as: 70 East Main Street, Greenbrier, AR 72058. 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. 345810 WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400, Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com DR4T- 08/02,08/09,08/16,08/23/22