Type:   NJF
Party:   PennyMac Loan Services, LLC
County:   Saline
Attorney/Contact:   Wilson & Associates, PLLC
Property:   7990 Mars Hill Road, Bauxite AR 72011
Property Description:  

 

NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On May 23, 2009, Mary Cornwall and Kimberly C Cornwall and Raleigh Cornwall, III and Todd Alan Cornwall executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as beneficiary, as nominee for Bank of America, N.A., its successors and assigns; which was subsequently assumed by Todd Cornwall and Kimberly Cornwall; which was recorded June 5, 2009, in Book No. 09, at Page 51221, and modified on April 17, 2015, in Book No. 15, at Page 026610 in the real estate records of Saline 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 Bank of America, N.A., 3043 Townsgate Road Suite 200, Westlake Village, CA 91361, (866) 549-3583; WHEREAS, the mortgagee or beneficiary has provided the undersigned a copy of the letter required to be sent to Kimberly Cornwall by Act 885 of 2011;  The party initiating this action is Bank of America, N.A., 3043 Townsgate Road Suite 200, Westlake Village, CA 91361, (866) 549-3583; On August 22, 2022, at or about 1:00 PM at the Saline County Courthouse, Benton, Arkansas, the real property described below will be sold to the highest bidder for the terms described: ALL THAT PARCEL OF LAND IN CITY OF, SALINE COUNTY, STATE OF ARKANSAS, AS MORE FULLY DESCRIBED IN DEED INST # 2007, DOC # 75807, ID# 246-01009-000, BEING KNOWN AND DESIGNATED AS LOT 9, PLANTATION HILLS SUBDIVISION, PHASE I, FILED IN PLAT INST # 2007, DOC # 75807, RECORDED 07/09/2007. More commonly known as:  7990 Mars Hill Road, Bauxite, AR 72011. 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. 318461 WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400, Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com DR4T- 07/26, 08/02, 08/09, 08/16/22

 


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