Type: NJFParty: Wilmington Savings Fund Society, FSBCounty: LonokeAttorney/Contact: Padgett Law Group - ARProperty: 1495 Ferguson Lane, Lonoke AR 72086Property Description:
THIS FORM PREPARED BY: Timothy D. Padgett, P.A., 415 North McKinley Ste 1177 Little Rock, AR 72205, (850) 422-2520, PLG 24-006170-1
Grantor: TIMOTHY D. PADGETT, P.A.
Grantee: JAMES A DARTON JR, BOBBYE J DARTON,
(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 15, 2024, at or about 11:00 AM, the subject real property described herein below will be sold at the Main Entrance to the Lonoke County Courthouse, 301 North Center Street, Lonoke, AR 72086 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 Lonoke County, Arkansas more particularly described as follows: A part of the NW 1/4 NE 1/4 Section 6, Township 2 North, Range 8 West, Lonoke County, Arkansas, more particularly described as follows: Beginning at the NW corner of said NW 1/4 NE 1/4, Section 6; thence run South 89 08` 40" East along Ferguson Road for 580.00 feet; thence run South 00 38` 22" East for 225.00 feet; thence run North 89 08` 40" West for 580.00 feet to the West right of way line of Ferguson Lane; thence run North 00 59` 25" East along said right of way for 225.00 feet to the Point of beginning and containing 3.0 acres, more or less. Street Address: 1495 Ferguson Lane, Lonoke, AR 72086. WHEREAS on April 6, 2006, Bobbye J Darton and James A Darton all as joint tenants executed a Mortgage in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Ameritrust Mortgage Company, which was recorded on May 18, 2006 as Instrument Number 200606759, in the real estate records of Lonoke County, Arkansas. The beneficial interest of said Mortgage has been assigned to Wilmington Savings Fund Society, FSB, not in its individual capacity but solely as owner trustee of NRPL 2023-RPL1 Trust, which is the party initiating foreclosure. The party initiating foreclosure is Wilmington Savings Fund Society, FSB, not in its individual capacity but solely as Owner Trustee for NRPL 2023-RPL1 TRUST 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 August 12, 2024. TIMOTHY D. PADGETT, P.A., SUBSTITUTE TRUSTEE FOR WILMINGTON SAVINGS FUND SOCIETY, FSB, NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS OWNER TRUSTEE FOR NRPL 2023-RPL1 TRUST. By: Renee Price - Timothy D. Padgett, P.A., 415 North McKinley Ste 1177 Little Rock, AR 72205, (850) 422-2520 DR4T-9/17,9/24,10/1,10/8/24