Type:   NJF
Party:   Shellpoint Mortgage Servicing
County:   Saline
Attorney/Contact:   Wilson & Associates, PLLC
Property:   18200 Chicot Rd, Mabelvale AR 72103
Property Description:  


NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On July 13, 2021, Nicholaus Wayne Lockert and Danielle Nicole Lockert executed a security instrument in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Caliber Home Loans, Inc., its successors and assigns; which was recorded July 20, 2021, Document No. 2021-018729, 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 NewRez LLC d/b/a Shellpoint Mortgage Servicing, 55 Beattie Place Suite 110 MS-152 , Greenville, SC 29601, (800) 365-7107. On April 9, 2024, at or about 12:00 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 Southeast Quarter of Section 35, Township 1 South, Range 13 West, Saline County, Arkansas, more particularly described as follows: Commence at the Southwest corner of said Southeast Quarter of the Southeast Quarter; thence North 01 degrees 50 minutes East along the West line of said Southeast Quarter of the Southeast Quarter 616.5 feet; thence North 89 degrees 56 minutes 240.5 feet to the point of beginning; thence North 05 degrees 10 minutes West 81.8 feet; thence North 87 degrees 06 minutes East 260.0 feet to a point on the West right of way of Chicot Road; thence South 05 degrees 04 minutes East along said West right of way line of Chicot Road 94.7 feet; thence South 89 degrees 56 minutes West 260.6 feet to the point of beginning. More commonly known as: 18200 Chicot Rd, Mabelvale, AR 72103. 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. 358088. WILSON & ASSOCIATES, P.L.L.C.. 400 West Capitol Avenue. Suite 1400. Little Rock, AR 72201. (501) 219-9388. Email: Info@TheWilsonLawFirm.com. DR4T 3/12,3/19, 3/26,4/2/24.