Type:   NJF
Party:   New American Funding, LLC
County:   Faulkner
Attorney/Contact:   Wilson & Associates, PLLC
Property:   609 Highway 225 East, Greenbrier AR 72058
Property Description:  

NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On March 21, 2022, Garrett Potter and Allison Potter executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Broker Solutions, Inc., dba New American Funding, its successors and assigns; which was recorded March 23, 2022, Document No. L202205256, 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 New American Funding, LLC, 8201 North FM 620 Suite 120, Austin, TX 78726. On March 4, 2024, at or about 10:00 AM at the Faulkner County Courthouse, Conway, Arkansas, the real property described below will be sold to the highest bidder for the terms described: Being a part of the NW 1/4 SW 1/4 of Section 10, T-7-N, R-12-W, Faulkner County, Arkansas, more particularly described as follows: Commencing at the NW Corner of said NW 1/4 SW 1/4; thence along the North line of said NW 1/4 SW 1/4 S88° 17'01"E 660.07 feet; thence leaving said North line S01°47'01"W 1122.12 feet to the centerline of Arkansas State Highway #225; thence along said centerline S80°29'03"W 363.36 feet to the point of beginning; thence continue along said centerline S80°29'03"W 207.88 feet; thence leaving said centerline N01°45'26'E 421.12 feet; thence S88°14'34''E 203.87 feet; thence S01°45'26" 380.48 feet to the Point of Beginning. Subject to the South 40 feet for State Highway #225 Right of Way purposes. More commonly known as:  609 Highway 225 East, Greenbrier, AR 72058. 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. 357846 WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400 Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com DR4T-2/6,2/13,2/20,2/27/24


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