Type: NJFParty: Regions Bank DBA Regions MortgageCounty: LonokeAttorney/Contact: Padgett Law Group - ARProperty: 24 Winners Circle, Cabot AR 72023Property Description:
THIS FORM PREPARED BY: Timothy D. Padgett, P.A. 415 North McKinley Ste 1177 Little Rock, AR 72205, (850) 422-2520, PLG 24-008178-1
Grantor: TIMOTHY D. PADGETT, P.A.
Grantee: MEGAN H LINN,
(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 December 12, 2024, at or about 10:00 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: Lot 34, Hilltop Addition, Cabot, Lonoke County, Arkansas. Street Address: 24 Winners Circle, Cabot, AR 72023. WHEREAS on July 6, 2018, Megan H Linn, unmarried woman executed a Mortgage in favor of Regions Bank d/b/a Regions Mortgage, which was recorded on July 13, 2018 as Instrument Number 2018-06686, in the real estate records of Lonoke County, Arkansas. The party initiating foreclosure is Regions Bank DBA Regions Mortgage and can be contacted at or in care of its servicer initiating foreclosure at: Regions Bank dba Regions Mortgage, 1900 Fifth Avenue North, Birmingham, AL 35203, at Telephone Number 205-944-1300; 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 September 30 2024. TIMOTHY D. PADGETT, P.A., SUBSTITUTE TRUSTEE FOR REGIONS BANK DBA REGIONS MORTGAGE. By: Renee Price - Timothy D. Padgett, P.A., 415 North McKinley Ste 1177 Little Rock, AR 72205, (850) 422-2520. 24-008178 DR4T-11/12,11/19,11/16,12/3/24