Type: NJFParty: NewRez LLC Dba Shellpoint Mortgage ServicingCounty: SalineAttorney/Contact: Padgett Law Group - ARProperty: 7116 Shannon Lane, Mabelvale AR 72103Property Description:
THIS FORM PREPARED BY: Timothy D. Padgett, P.A., 415 North McKinley Ste 1177 Little Rock, AR 72205, (850) 422-2520, PLG 24-006284-1
Grantor: TIMOTHY D. PADGETT, P.A.
Grantee: WILLIAM L STUBBLEFIELD,
(or as otherwise noted by the recorder)
MORTGAGEE'S NOTICE OF DEFAULT AND INTENTION TO SELL. YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. NOTICE IS HEREBY GIVEN that on October 18, 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: THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF SALINE, STATE OF ARKANSAS, AND IS DESCRIBED AS FOLLOWS: LOT 95 OF SECTION "E" RAMBLE ESTATES SUBDIVISION OF SALINE COUNTY, ARKANSAS. Parcel ID:253-00097-000. Street Address: 7116 Shannon Lane, Mabelvale, AR 72103. WHEREAS on November 1, 2022, William L. Stubblefield executed a Mortgage in favor of Wells Fargo Bank, N.A., which was recorded on December 2, 2022 as Instrument Number 2022-027095, 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 dba 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 July 29, 2024. TIMOTHY D. PADGETT, P.A., SUBSTITUTE TRUSTEE FOR NEWREZ LLC DBA SHELLPOINT MORTGAGE SERVICING. By: Renee Price, Timothy D. Padgett, P.A., 415 North McKinley Ste 1177 Little Rock, AR 72205, (850) 422-2520. 24-006284-1. DR4T-9/24,10/1,10/8,10/15/24