Type: NJFParty: Gregory Funding, LLCCounty: FaulknerAttorney/Contact: Wilson & Associates, PLLCProperty: 64 Patton Road, Wooster AR 72181Property Description:
NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On December 10, 2007, Todd Patton and Tammie Patton executed a security instrument in favor of Bank of the Ozarks; which was recorded December 20, 2007, Document No. 2007-25819, in the real estate records of Faulkner 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 Ajax Mortgage Loan Trust 2021-F, Mortgage-Backed Securities, Series 2021-F, by U.S. Bank National Association, as Indenture Trustee, 13190 SW 68th Parkway Suite 200, Tigard, OR 97223, (503) 505-5646. On June 13, 2023, at or about 2:30 PM at the Faulkner County Courthouse, Conway, Arkansas, the real property described below will be sold to the highest bidder for the terms described: Part of the SE 1/4 SE 1/4 Section 35, T7N, R14W, Faulkner County, Arkansas, mere particularly described as: commencing at the Northwest corner SE 1/4 SE 1/4 Section 35, T7N, R14W, Faulkner County, Arkansas, thence South 869.7 feet, thence East 430.9 feet to a fence post, said point being the point of beginning; thence North 60 degree 54 minutes 18 seconds East along a barbed wire fence 488.07 feet to a set 1/2" rebar with surveyor's id cap (RLS #1430), said point being on the Westerly right of way line of State Hwy #25, thence leaving said fence South 24 degrees 22 minutes 54 seconds East along said right of way line 211.73 feet to a set 1/2" inch rebar with surveyor's id cap (RLS #1430) thence leaving said right of way line South 56 degrees 15 minutes 46 seconds West with a barbed wire fence 511.86 feet to a fence post; thence North 20 degrees 12 minutes 03 seconds West along said barbed wire fence 255.51 feet to the point of beginning. Subject to a right of way and utilities for State Highway #25. More commonly known as: 64 Patton Road, Wooster, AR 72181. 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. 351255 WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com DR4T-5/16,5/23,5/30,6/6/23