Type: NJFParty: Dovenmuehle Mortgage, Inc.County: PulaskiAttorney/Contact: Wilson & Associates, PLLCProperty: 725w Bingham Road, Little Rock AR 72206Property Description:
NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On August 31, 2007, Ervin E Spears, Jr and Tracy Spears executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Southern Mortgage Company of Arkansas, its successors and assigns; which was recorded October 12, 2007, Document No. 2007080178, in the real estate records of Pulaski 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 LPP Mortgage, Inc. f/k/a LPP Mortgage LTD, 1 Corporate Drive Suite 360, Lake Zurich, IL 66047-8924, (866) 397-5370. On December 20, 2022, at or about 3:30 PM at the Pulaski County Courthouse, Little Rock, Arkansas, the real property described below will be sold to the highest bidder for the terms described: PART OF THE W/2 OF THE. SW/4 OF SECTION 35, TOWNSHIP 1 SOUTH, RANGE 12 WEST, IN PUIASKI COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF THE SW/4 SW/4 OF SAID SECTION 35; RUN THENCE NORTH 1224-5 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 89 DEGREES 56' WEST 140,1 FEET TO A POINT ON THE EAST RIGHT OF WAY UNE OF WRIGHTSWAY DRIVE; THENCE NORTH ALONG SAID RIGHT OF WAY LINE 137.2 FEET TO THE CENTERLINE OF BINGHAM ROAD; THENCE RUN HAST ALONG S AID CENTERLINE 140 FEET; THENCE RUN SOUTH 133 FEET TO THE POINT OF BEGINNING; LESS AND EXCEPT THE NORTH 25 FEET THEREOF. AKA. 725 WEST BINGHAM ROAD, PULASKl COUNTY, ARKANSAS. More commonly known as: 725w Bingham Road, Little Rock, AR 72206. 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. 352367 WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com DR4T- 11/22,11/29,12/06,12/13/22