Type: NJFParty: First Trust Home Loans, IncCounty: FaulknerAttorney/Contact: Padgett Law Group - ARProperty: 2105 Hutto Street, Conway AR 72032Property Description:
THIS FORM PREPARED BY: Timothy D. Padgett, P.A., 415 North McKinley Ste 1177 Little Rock, AR 72205, (850) 422-252PLG 24-007063-1
Grantor: TIMOTHY D. PADGETT, P.A.
Grantee: DEREK WEBB,
(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 21, 2024, at or about 10:00 AM, the subject real property described herein below will be sold at the main entrance of the Faulkner County Courthouse, 801 Locust Street, Conway, AR 72034 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 Faulkner County, Arkansas more particularly described as follows: Lots Nineteen (19) and Twenty (20), Pleasant Valley Subdivision, as shown on a plat of record in Plat Book "D" at Page 78, Plat Records of Faulkner County, Arkansas Street Address: 2105 Hutto Street, Conway, AR 72032. WHEREAS on March 23, 2023, Derek Webb, a single man executed a Mortgage in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for FirstTrust Home Loans, Inc., which was recorded on March 30, 2023 as Instrument Number L202304092, in the real estate records of Faulkner County, Arkansas. The beneficial interest of said Mortgage has been assigned to Planet Home Lending, LLC, which is the party initiating foreclosure. The party initiating foreclosure is Planet Home Lending, LLC and can be contacted at or in care of its servicer initiating foreclosure at: Planet Home Lending, LLC, 321 Research Parkway, Suite 303, Meriden, CT 06450, at Telephone Number (203) 303-5283; 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 16, 2024. TIMOTHY D. PADGETT, P.A., SUBSTITUTE TRUSTEE FOR PLANET HOME LENDING, LLC By: Renee Price - Timothy D. Padgett, P.A., 415 North McKinley Ste 1177 Little Rock, AR 72205, (850) 422-2520. DR4T 9/24, 10/01, 10/08, 10/15/2024