Type: NJFParty: Fay Servicing, LLCCounty: PulaskiAttorney/Contact: Wilson & Associates, PLLCProperty: 601 Club Road, Sherwood AR 72120Property Description:
NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On November 17, 2006, Charles S Harmon and Monica L Mason executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for The Carroll Mortgage Group, Inc., its successors and assigns; which was recorded November 20, 2006, Document No. 2006091014 and re-recorded on November 21, 2006, Document No. 2006091550, and modified on October 24, 2018, Document No. 2018066552 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 US Bank Trust National Association, Not In Its Individual Capacity But Solely As Owner Trustee For VRMTG Asset Trust, 425 S. Financial Place, Ste 2000, Chicago, IL 60605, (312) 257-3201. On February 14, 2023, 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 South 1/2 of the East 1/2 of the West 1/2 of the SE 1/4 SW 1/4, Section 6, Township 2 North, Range 11 West, Pulaski County, Arkansas, more particularly described as follows: Commencing at the Southwest corner of the SE 1/4 SE 1/4 SW 1/4 of said Section 6; thence run South 89 degrees 03 minutes 10 seconds West along the Northerly right of way of Club Road for a distance of 176.40 feet to the point of beginning, said point being the Southwest corner of Tract 1; thence North 00 degrees 14 minutes 17 seconds West for a distance of 274.61 feet along the West line of Tract 1 to a set iron pin; thence North 89 degrees 03 minutes 27 seconds East along the North line of Tract 1 a distance of 160.34 feet to a set iron pin; thence South along the East line of Tract 1 for a distance of 274.61 feet to a point that lies on the Northerly right-of-way of Club Road; thence South 89 degrees 03 minutes 10 seconds West along the Northerly right of way of Club Road for a distance of 159.41 feet to the point of beginning. SUBJECT TO A 25 FOOT NON EXCLUSIVE ACCESS EASEMENT: Access dedication being the West 25 feet of the said Tract 1, more particularly described as follows: Beginning at the Southwest corner of Tract 1; thence North 00 degrees 14 minutes 17 seconds West for a distance of 274.61 feet to the Northwest corner of Tract 1; thence North 89 degrees 03 minutes 27 seconds East for a distance of 25.00 feet; thence South 00 degrees 14 minutes 17 seconds East for a distance of 274.61 feet to a point on the Northerly right of way of Club Road; thence South 89 degrees 03 minutes 10 seconds West for a distance of 25.00 feet to the point of beginning. More commonly known as: 601 Club Road, Sherwood, AR 72120. 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. 304877 WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com DR4T-01/17,01/24,01/31,02/07/23