Type:   NJF
Party:   Specialized Loan Servicing, LLC
County:   Pulaski
Attorney/Contact:   Wilson & Associates, PLLC
Property:   10719 Stagecoach Road, Little Rock AR 72210
Property Description:  

NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On December 31, 2019, Katheryn Elliott and James Lee Elliott executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Malvern National Bank, its successors and assigns; which was recorded January 7, 2020, Document No. 2020001095, 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 Specialized Loan Servicing LLC, 6200 S. Quebec St. Suite 300, Greenwood Village, CO 80111, (800) 315-4757. On April 15, 2024, 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 NE1/4 OF THE NW1/4 OF SECTION 8, TOWNSHIP 1 SOUTH, RANGE 13 WEST, PULASKI COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTH LINE OF SAID NE1/4 NW1/4,123.1 FEET WEST OF THE SOUTHEAST CORNER OF SAID NE1/4 NW1/4; THENCE CONTINUING WEST ALONG SAID SOUTH LINE 284.9 FEET; THENCE NORTH 52 DEGREES 08 MINUTES WEST 490.4 FEET; THENCE SOUTH 48 DEGREES 57 MINUTES WEST 129.2 FEET; THENCE NORTH 31 DEGREES 30 MINUTES WEST 182 FEET TO A POINT ON THE SOUTHERLY RIGHT OF WAY LINE OF THE OLD LITTLE ROCK-HOT SPRINGS HIGHWAY; THENCE NORTH 59 DEGREES 23 MINUTES EAST ALONG SAID RIGHT OF WAY LINE 78.8 FEET; THENCE NORTH 54 DEGREES 30 MINUTES EAST ALONG SAID RIGHT OF WAY LINE 52.2 FEET; THENCE SOUTH 69 DEGREES 02 MINUTES EAST 11.6 FEET; THENCE NORTHEASTERLY 18 FEET TO A POINT WHICH IS NORTH 58 DEGREES 45 MINUTES WEST OF THE POINT OF BEGINNING; THENCE SOUTH 58 DEGREES 45 MINUTES EAST 860 FEET TO THE POINT OF BEGINNING. LESS AND EXCEPT THE FOLLOWING LANDS CONTAINED IN WARRANTY DEED IN FAVOR OF THE ARKANSAS STATE HIGHWAY COMMISSION RECORDED AS INSTRUMENT NO. 2010035427. RECORDS OF PULASKI COUNTY, ARKANSAS. Part of the Northeast Quarter of the Northwest Quarter of Section 8, Township 1 South. Range 13 West, Pulaski County, Arkansas, more particularly described as follows: Commencing at a 1 inch pipe being used as the Northwest Sixteenth Corner of Section 8, thence North 02°23'16" East along the West line of the Northeast Quarter of the Northwest Quarter of Section 8, 161.06 feet to a point on the Southeasterly prescriptive right of way line of Arkansas State Highway 5 as established by AHTD Affidavit dated July 15, 2009; thence North 60°11'23" East along said right of way line, 384.86 feet to the POINT OF BEGINNING; thence continue North 60°11'23" East along said right of way line 52.60 feet to a point; thence in a Northeasterly direction along said right of way line on a curve to the left having a radius of 426.84 feet, a distance of 82.46 feet, having a chord bearing of North 54°39'20" East, 82.33 feet to a point; thence South 49°16'07" East 10.81 feet to a point on the Southeasterly right of way line of Arkansas State Highway 5 as established by AHTD Job 061202; thence South 37°46'00" West along said right of way line 45.51 feet to a point; thence South 45°45'22" West along said right of way line 98.99 feet to a point; thence North 30°05'08" West 44.28 feet to the point of beginning and containing 0.09 acres, more or less (3,753 square feet more or less) as shown on plans prepared by the AHTD referenced as Job 061202. More commonly known as: 10719 Stagecoach Road, Little Rock, AR 72210. 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. 357598. WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue, Suite 1400, Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com. DR4T 3/19, 3/26, 4/2,4/9/24