Type: NJFParty: Selene Finance, LPCounty: SalineAttorney/Contact: Wilson & Associates, PLLCProperty: 7788 Steel Bridge Road, Benton AR 72019Property Description:
NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On June 1, 2012, Jeffrey A Jackson executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Summit Bank, its successors and assigns; which was recorded June 15, 2012, in Book No. 2012, at Page 49401; with subsequent modification recorded on June 17, 2020, Document No. 2020-012458 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 FEDERAL HOME LOAN MORTGAGE CORPORATION AS TRUSTEE FOR THE BENEFITOF THE FREDDIE MAC SEASONED LOANS STRUCTURED TRANSACTION TRUST, SERIES 2023-1, 3501 Olympus Boulevard, 5th Floor, Suite 500 , Dallas, TX 75019 , (877)735-3637. On November 5, 2024, at or about 9:00 AM at the Saline County Courthouse, Benton, Arkansas, the real property described below will be sold to the highest bidder for the terms described: All that part of the W1/2 of the SE1/4 of Section 36, Township 1 North, Range 16 West, Saline County, Arkansas, more fully described as follows Commencing at the SW corner of the said W1/2 of the SE1/4 and run thence South 88° East, along the South line thereof for 296 96 feet to the point of beginning of the land herein described, from said point, run thence North 01° 37' East for 336 6 feet, thence North 75° 49' East for 900 29 feet to the centerline of county road, thence South 20° 42' East along centerline of said road for 206 feet, thence South 19° 12' East along centerline of said road for 360 feet, thence South 15° 45' East along centerline of said road for 100 44 feet to the intersection with the South line of said W1/2 of the SE1/4, run thence North 88° West along the South line thereof to the point of beginning. More commonly known as: 7788 Steel Bridge Road, Benton, AR 72019. 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. 359896, WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue, Suite 1400, Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com. DR4T 10/08, 10/15, 10/22, 10/29/2024