Type: NJFParty: Freedom Mortgage CorporationCounty: PulaskiAttorney/Contact: Wilson & Associates, PLLCProperty: 10708 Mount Pleasant Cutoff, Cabot AR 72023Property Description:
NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On December 31, 2018, Jeffrey Dale Osborn and Janna Lee Osborn executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Fairway Independent Mortgage Corporation, its successors and assigns; which was recorded January 4, 2019, Document No. 2019001166, and modified on February 8, 2022, Document No. 2022009839 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 Freedom Mortgage Corporation, 951 Yamato Road Suite 175, Boca Raton, FL 33431, (855) 690-5900. On December 11, 2023, at or about 10:00 AM 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 Half (S 1/2) of the Northwest Quarter (NW 1/4) of Section 21, Township 4 North, Range 10 West, Pulaski County, Arkansas, being more particularly described as follows; Commencing at the Northwest corner of the Southeast Quarter of said NW 1/4; thence South 01 degree 36 minutes West 105.56 feet to the Point of Beginning; thence South 89 degrees 41 minutes 07 seconds East 278.15 feet; thence South 01 degree 36 minutes West 215.00 feet; thence North 89 degrees 41 minutes 07 seconds West 336.05 feet to the center of Mount Pleasant Cut Off Road; thence North 01 degree 50 minutes East along said center 215,02 feet; thence South 89 degrees 41 minutes 07 seconds East 57.02 feet to the Point of Beginning, AND Subject to a 25 foot road easement for Mount Pleasant Cut Off along the Westerly boundary thereof. More commonly known as: 10708 Mount Pleasant Cutoff, Cabot, AR 72023. 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. 355769 WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com DR4T-11/14,11/21,11/28,12/5/23