Type: NJFParty: Flagstar Bank, N.A.County: SalineAttorney/Contact: Wilson & Associates, PLLCProperty: 10126 Mars Hill Road, Bauxite AR 72011Property Description:
NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On March 17, 2016, Barry Green executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Simmons First National Bank, its successors and assigns; which was recorded March 18, 2016, Document No. 2016-005323, in the real estate records of Saline 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 Lakeview Loan Servicing, LLC, 5151 Corporate Drive , Troy, MI 48098, (248) 312-2000. On June 12, 2023, at or about 1:00 PM at the Saline County Courthouse, Benton, Arkansas, the real property described below will be sold to the highest bidder for the terms described: Part of the Southeast Quarter of the Northwest Quarter of Section 2, Township 3 South, Range 14 West, Saline County, Arkansas, described as follows: Commencing at the Northeast corner of the said SE1/4 of the NW1/4, thence South 02 deg. 27 min. 13 sec. West, along the East line of the said SE 1/4 of the NW 1/4, for 244.93 feet; thence departing the said East line. North 88 deg. 05 min. 05 sec. West 20.00 feet to the point of beginning; thence South 02 deg. 27 min. 13 sec. West 647.81 feet to the centerline of Mars Hill Road; thence North 82 deg. 27 min. 07 sec. West, along the said centerline, for 20.08 feet; thence departing the said centerline, North 02 deg. 27 min. 13 sec. East 400.91 feet; thence North 88 deg. 05 min. 05 sec. West 315.84 feet to a point; thence North 02 deg. 27 min. 13 sec. East 244.93 feet to a point; thence South 88 deg. 05 min. 05 sec. East 335.84 feet to the point of beginning, containing 2.07 acres, more or less. SUBJECT to the right of way of Mars Hill Road. TOGETHER with and SUBJECT TO a 40 foot ingress, egress and utility easement described as follows: Part of the Southeast Quarter of the Northwest Quarter of Section 2, Township 3 South, Range 14 West, Saline County, Arkansas, described as follows: Commencing at the Northeast corner of the said SE 1/4 of the NW 1/4; thence South 02 deg. 27 min. 13 sec. West, along the said East line thereof, 244.93 feet to the point of beginning; thence continue South 02 deg. 27 min. 13 sec. West 649.78 feet to the centerline of Mars Hill Road; thence North 82 deg. 27 min. 07 sec. West, along the said centerline, for 40.16 feet to a point; thence North 02 deg. 27 min 13 sec. East 400.01 feet to a point; thence North 88 deg. 05 min. 05 sec. West 315.84 feet; thence North 02 deg. 27 min. 13 sec. East 40 feet; thence South 88 deg. 05 min. 05 sec. East 315.84 feet; thence North 02 deg. 27 min. 13 sec. East 204.93 feet; thence South 88 deg. 05 min. 05 sec. East 40.00 feet to the point of beginning. More commonly known as: 10126 Mars Hill Road, Bauxite, AR 72011. 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. 355596 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