Type: NJFParty: The Money Source, IncCounty: LonokeAttorney/Contact: Kevin RogersProperty: 115 Harvick Circle, Cabot AR 72023Property Description:
MORTGAGEE'S NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. IF THIS PROPERTY IS SOLD YOU WILL REMAIN LIABLE FOR ANY DEFICIENCY WHICH THEN EXISTS AND AN ACTION TO COLLECT IT MAY BE BROUGHT AGAINST YOU. THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR SUCH PURPOSE. NOTICE IS HEREBY GIVEN that on August 11, 2022, at or about 10:00AM, the subject real property described herein below will be sold at the Main Entrance of the Lonoke County Courthouse, 301 North Center St., Lonoke/AR 72086 to the highest bidder for cash. The sale will extinguish all interests, including those of existing lien holders or previous owners in the property. THE TERMS OF SALE ARE CASH THE TIME OF SALE AND ALL TRANSFER TAXES WILL BE THE RESPONSIBILITY OF THE PURCHASER. WHEREAS the property secured under the Mortgage is located in Lonoke County, Arkansas more particularly described as follows: LOT 289, SOUTHERN COMFORT SUBDIVISION, PHASE FOUR, AN ADDITION TO THE CITY OF CABOT, LONOKE COUNTY, ARKANSAS. Street Address: 115 Harvick Cir., Cabot, AR 72023 WHEREAS on December 15, 2015, Jacinto Martinez, a married man, executed a Mortgage in favor of Mortgage Electronic Registration Systems, Inc., as nominee for American Southwest Mortgage Corp. Said Mortgage was recorded on December 22, 2015, as instrument number 201512649 in the real property records of Lonoke County, Arkansas. The Mortgage was subsequently assigned to The Money Source by virtue of an assignment dated April 25, 2022, and recorded on May 3,2022, as instrument number 2022- 05291 in the real property records of Lonoke County, Arkansas. The party initiating foreclosure can be contacted at or in care of its servicer initiating foreclosure at: The Money Source Inc. 500 South Broad Street, Suite #100 A Meriden CT 06450 at Telephone No. 203-295-7629; and WHEREAS there may be tenants that claim an interest in the real property herein based upon said tenancy; and WHEREAS, the undersigned is the attorney for the mortgagee and is acting on and with the consent and authority of the mortgagee who is exercising its power of sale under Ark. Code Ann. Section18-50-115 which implies a power of sale in every mortgage of real property situated in this state that is duly acknowledged and recorded; and default has occurred in the payment of said indebtedness, specifically the installment due August 1,2021, and each subsequent payment to date are now due; and the holder of the debt has requested the undersigned to sell the property to satisfy said indebtedness. This sale is subject to all matters shown on any applicable recorded plat or bill(s) of assurance; any restrictive covenants, easements, set back liens or encroachments; any unpaid and or delinquent taxes or special assessments; any statutory redemption rights of any governmental entity; any prior liens or encumbrances as well as any priority created by a UCC or fixture filing; and, to any matter that an accurate survey of the property might disclose. This property is being sold "as is" with no representation as the condition of any structure(s) thereon or the accuracy of the above legal description. Transfer taxes and recording fees are the responsibility of the purchaser. WITNESS my hand this day of 25 day of May, 2022. Kevin D. Rogers, AR Bar No. 20120 1 Information Way, Suite 201 Little Rock, AR 72202 501-406-0855 A LAW No. 22-003840 A-4751280. DR4T-07/12, 07/19, 07/26, 08/02/22