Type:   NJF
Party:   MidFirst Bank
County:   Lonoke
Attorney/Contact:   Wilson & Associates, PLLC
Property:   234 Heather Loop, Lonoke AR 72086
Property Description:  

NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On March 10, 2006, James L Mark executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Cornerstone Mortgage Center, Inc., its successors and assigns; which was recorded March 21, 2006, Document No. 200603757, 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 MidFirst Bank, 999 NW Grand Boulevard, Oklahoma City, OK 73118-6077, (800) 552-3000. On December 22, 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: PART OF THE SOUTHEAST QUARTER OF SECTION SIX, TOWNSHIP THREE NORTH, RANGE EIGHT WEST, LONOKE COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF THE SOUTHEAST QUARTER OF SAID SECTION SIX; THENCE S 89 DEGREES 54 MINUTES 45 SECONDS W ALONG THE NORTH LINE THEREOF, 657.32 FEET; THENCE SOUTH, 1328.85 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING SOUTH, 235.20 FEET; THENCE S 89 DEGREES 54 MINUTES 45 SECONDS W, 657.32 FEET; THENCE NORTH, 235.20 FEET; THENCE N 89 DEGREES 54 MINUTES 45 SECONDS E, 657.32 FEET TO THE POINT OF BEGINNING. SUBJECT TO A 30 FEET WIDE ACCESS EASEMENT ALONG THE EAST LINE AND SUBJECT TO A 15 FOOT WIDE UTILITY EASEMENT BEING THE WEST 15 FEET OF THE EAST 45 FEET AND SUBJECT TO A 10 FOOT WIDE UTILITY EASEMENT ALONG THE SOUTH AND WEST LINES AND SUBJECT TO A A.P. & L. RIGHT OF WAY AS SHOWN ON A SURVEY BY JAMES L. BUTLER, PLS NO. 261 (AR) WITH THE LATEST REVISED DATE OF DECEMBER 11, 1995. THIS CONVEYANCE SHALL BE SUBJECT TO THE FOLLOWING RESTRICTIVE CONVENANT WHICH SHALL RUN WITH THE LAND FOR A PERIOD OF THIRTY YEARS: NO TEMPORARY STRUCTURES FOR HUMAN HABITATION EXCEPT ONE MOBILE HOME BEING NO MORE THAN TEN YEARS OF AGE AT TIME OF PLACEMENT ON THE LAND SHALL BE ALLOWED. SAID PROPERTY SHALL NOT BE USED FOR AUTO SALVAGE, JUNKYARD OR RECYCLING OPERATIONS. More commonly known as:  234 Heather Loop, Lonoke, AR 72086. 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. 350962 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