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Type: NJF
Party: Primary Residential Mortgage, Inc.
County: Saline
Attorney/Contact: Wilson & Associates, PLLC
Property: 2320 Holly Creek Road, Traskwood AR 72167
Property Description:

NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On August 13, 2021, Floyd A Lewis, Jr and Maci Daneil Basham executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Primary Residential Mortgage, Inc., its successors and assigns; which was recorded August 23, 2021, Document No. 2021-022513, 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 Primary Residential Mortgage, Inc., P. O. Box 593, Salt Lake City, UT 84110, (800) 748-4424 On October 10, 2023, at or about 9:00 AM at the Saline County Courthouse, Benton, Arkansas, the real property described below will be sold to the highest bidder for the terms described: Tract A: That part of the Southwest Quarter of the Southwest Quarter of Section 28, Township 3 South, Range 15 West, Saline County, Arkansas, described as follows: Commencing at an axle at the Southeast corner of the SW1/4 of SW1/4 of Section 28; thence North 00 deg. 56 min. 26 sec. West, along the East line thereof, for 567.00 feet to asset RB/Cap being the point of beginning and being the Southeast corner of lands described in Correction Warranty Deed filed as Saline County Document No. 1998-21938; thence South 72 deg. 12 min. 13 sec. West, along the south line of lands described in said Document No. 1998 21938, for 653.10 feet to a RB/Cap #1091; thence North 45 deg. 00 min. 37 sec. West, along the South line of lands described in said Document No. 1998 21938 for 349.83 feet to a set RB/Cap on the West right of way of Holly Creek Road; thence along said right of way line the following courses: North 37 deg. 16 min. 38 sec. East 188.76 feet to a #4 Rebar; North 30 deg. 26 min. 44 sec. East 165.18 feet; thence North 26 deg. 01 min. 10 sec. East 152.70 feet to a RB/Cap #123; thence North 89 deg. 49 min. 13 sec. East 20.00 feet to a PK Nail in the centerline of Holly Creek Road; thence North 25 deg. 32 min. 04 sec. East, along said centerline, 89.92 feet to a PK Nail and being the Northern most point of the lands described in said Document No. 1998 21938; thence South 63 deg. 18 min. 22 sec. East, along the North line of lands described in said Document No. 1998 21983, for 179.28 feet to a set RB/Cap; thence North 89 deg. 49 min. 18 sec. East, along the North line of lands described in said Document No. 1998 21938, for 59.73 feet to a set RB/Cap; thence South 73 deg. 34 min. 21 sec. East, along the North line of lands described in said. Document No. 1998 21938, 332.86 feet to a set RB/Cap being the Northeast corner of lands described in said Document No. 1998 21938 and on the East line of the SW1/4 SW1/4; thence South 00 deg. 56 min. 26 sec. East, along said East line, 384.31 feet to the point of beginning, containing 9.76 acres, more or less. Subject to an easement for ingress and egress and utilities over and across a strip of land 30 feet wide, being 15 feet on each side of the following described centerline; Commencing at the Northeast corner of the SW1/4 of the SW1/4; thence South 00 deg. 56 min. 26 sec. East, along the East line thereof, 301.31 feet to the point of beginning of centerline, said point being 1025 North of the Southeast corner of the SW1/4 of SW1/4 of said Section 28; thence South 89 deg. 59 min. 33 sec. West, parallel with the South line of the SW1/4 of the SW1/4 for 561.75 feet to the East right of way line of Holly Creek Road, being the end of said easement. Said easement is part of an easement as described in Saline County Deed Record Book 311 at page 384. Tract B: That part of the SW1/4 of the SW1/4 and part of the SE1/4 of the SW1/4, Section 28, Township 3 South, Range 15 West, Saline County, Arkansas, described as follows: Commencing at an axle marking the Southwest corner of the SE1/4 SW1/4; thence North 00 degrees 56 minutes 26 seconds West along the West line of said SE1/4 SW1/4 for 567.00 feet to the Point of Beginning; thence continuing North 00 degrees 56 minutes 26 seconds West along said West line of SE1/4 SW1/4 for 384.31 feet; thence North 73 degrees 34 minutes 21 seconds West 332.86 feet; thence South 80 degrees 26 minutes 32 seconds East 247.05 feet; thence South 79 degrees 27 minutes 46 seconds East 227.54 feet; thence South 12 degrees 11 minutes 43 seconds East 181.66 feet; thence South 15 degrees 35 minutes 15 seconds West 182.87 feet; thence South 72 degrees 11 minutes 53 seconds West 137.56 feet to the point of beginning containing 1.57 acres, more or less. Subject to an easement for ingress and egress and utilities over and across a strip of land 30 feet wide, being 15 feet on each side of the following described centerline: Commencing at the Northeast corner of the SW1/4 of the SW1/4; thence South 00 deg. 56 min. 26 sec. East, along the East line thereof, 301.31 feet to the point of beginning of centerline, said point being 1025 North of the Southeast corner of the SW1/4 of SW1/4 of said Section 28; thence South 89 deg. 59 min. 33 sec. West, parallel with the South line of the SW1/4 of the SW1/4 for 561.75 feet to the East right of way line of Holly Creek Road, being the end of said easement. Said easement is part of an easement as descried in Saline County Deed Record Book 311 at page 384. Subject to any and all rights of way, restrictions and easements of record. According to a survey dated July 21,2021, by Brian J. Watson, RLS# 1864 More commonly known as: 2320 Holly Creek Road, Traskwood, AR 72167 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. This Instrument Prepared by: WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 (501) 219-9388 Info@TheWilsonLawFirm.com W&A No. 356370 WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201 (501) 219-9388 Email: Info@TheWilsonLawFirm.com By: Shellie Wallace (92179) Nakisha Miller (2019056) Jillian Wilson (2014047) Nicole Murray (2017209) Courtney McGahhey (2008263) DR4T-9/12,9/19,9/26,10/3/23

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