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Type: NJF
Party: Bank of Ozarks
County: Saline
Attorney/Contact: Padgett Law Group - AR
Property: 1206 Misty Drive, Benton AR 72015
Property Description:

THIS FORM PREPARED BY: Timothy D. Padgett, P.A., 415 North McKinley, Ste 1177
Little Rock TIMOTHY D. PADGETT, P.A, AR 72205, (850) 422-2520, PLG 24-003429-1
Grantor: TIMOTHY D. PADGETT, P.A
Grantee: JAMES F REINMILLER, JOAN M REINMILLER, (or as otherwise noted by the recorder)
MORTGAGEE'S NOTICE OF DEFAULT AND INTENTION TO SELLYOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. NOTICE IS HEREBY GIVEN that on August 6, 2024, at or about 01:00 PM, the subject real property described herein below will be sold at the Main Entrance to the Saline County Courthouse, 200 North Main Street, Benton, AR 72015 to the highest bidder for cash. The sale will extinguish all interests, including those of existing lien holders or previous owners in the property. THE TERMS OF SALE ARE CASH THE DAY OF SALE AND ALL TRANSFER TAXES WILL BE THE RESPONSIBILITY OF THE PURCHASER. WHEREAS, the property secured under the Mortgage is located in Saline County, Arkansas more particularly described as follows: Lot 46, Hidden Valley Estates Addition to the City of Benton, Saline County, Arkansas. Street Address: 1206 Misty Drive, Benton, AR 72015. WHEREAS on July 17, 2003, James F. Reinmiller and Joan M. Reinmiller, husband and wife executed a Mortgage in favor of Bank of the Ozarks, which was recorded on July 24, 2003 in Book Doc Book 03, Page 74610, in the real estate records of Saline County, Arkansas. The beneficial interest of said Mortgage has been assigned to Newrez LLC dba Shellpoint Mortgage Servicing, which is the party initiating foreclosure. The party initiating foreclosure is NewRez LLC d/b/a Shellpoint Mortgage Servicing and can be contacted at or in care of its servicer initiating foreclosure at: 75 Beattie Place, Suite 300, Greenville, SC 29601; and WHEREAS, there may be tenants that claim an interest in the real property herein based upon said tenancy; and WHEREAS, the undersigned is the attorney for the mortgagee and is acting on and with the consent and authority of the mortgagee who is exercising its power of sale under Ark. Code Ann. §18-50-115 which implies a power of sale in every mortgage of real property situated in this state that is duly acknowledged and recorded; and default has occurred in the payment of said indebtedness, and the same is now therefore wholly due; and the holder of the debt has requested the undersigned to sell the property to satisfy said indebtedness. The undersigned is an active, licensed member of the Bar of the Supreme Court of the State of Arkansas, and the law firm of the undersigned maintains an office at 415 N. McKinley St., Suite 1177, Little Rock, AR 72205 that is located within the State of Arkansas, is accessible to the public during regular business hours, and has the ability to accept funds from a grantor, mortgagor, or obligor to reinstate or pay off a mortgage or deed of trust. WITNESS my hand this May 20th, 2024. TIMOTHY D. PADGETT, P.A. SUBSTITUTE TRUSTEE FOR NEWREZ LLC D/B/A SHELLPOINT MORTGAGE SERVICING. By: Renee Price, Timothy D. Padgett, P.A., 415 North McKinley, Ste 1177, Little Rock, AR 72205, (850) 422-2520. PLG 24-003429-1. DR4T 7/09, 7/16, 7/23, 7/30/2024