Type: NJFParty: MCLP Asset Company, INCCounty: FaulknerAttorney/Contact: Padgett Law Group - ARProperty: 93 Snuggs Circle, Mayflower AR 72106Property Description:
THIS FORM PREPARED BY: Timothy D. Padgett, P.A., 415 North McKinley, Ste 1177
Little Rock, AR 72205, (850) 422-2520, PLG 24-007246-2
Grantor: TIMOTHY D. PADGETT, P.A.
Grantee: GARY LYNN HARRIS, LUOLA (AKA LOULA) HARRIS,
(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 20, 2024, at or about 09:00 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: THE FOLLOWING DESCRIBED LANDS IN FAULKNER COUNTY, ARKANSAS: PART OF SW 1/4 SW 1/4, SECTION 19, TOWNSHIP 4 NORTH, RANGE 13 WEST, FAULKNER COUNTY, ARKANSAS, DESCRIBED AS BEGINNING AT A POINT 990 FEET EAST AND 411.84 FEET NORTH OF THE SOUTHWEST CORNER OF SAID SW 1/4 SW 1/4; THENCE CONTINUE NORTH 380.0 FEET; THENCE SOUTH 89 DEGREES 45 MINUTES WEST 450.6 FEET; THENCE SOUTH 2 DEGREES 19 MINUTES WEST 380.3 FEET; THENCE NORTH 89 DEGREES 45 MINUTES EAST, PARALLEL WITH THE SOUTH LINE OF SAID SW 1/4 SW 1/4 466.0 FEET TO THE POINT OF BEGINNING, CONTAINING 4.00 ACRES, MORE OR LESS, LESS AND EXCEPT THE FOLLOWING TWO TRACTS: EXCEPTION NUMBER 1: PART SW 1/4 SW 1/4, SECTION 19, TOWNSHIP 4 NORTH, RANGE 13 WEST, FAULKNER COUNTY, ARKANSAS, DESCRIBED AS COMMENCING AT A FOUND RAILROAD SPIKE FOR THE SOUTHWEST CORNER OF SAID SW 1/4 SW 1/4; THENCE NORTH 89 DEGREES 44 MINUTES 59 SECONDS EAST 1,022.85 FEET ALONG THE SOUTH LINE OF SAID SW 1/4 SW 1/4 TO A FOUND AXLE BEING USED AND ACCEPTED AS THE SOUTHEAST CORNER OF THE WEST 3/4 OF SAID SW 1/4 SW 1/4; THENCE NORTH 00 DEGREES 01 MINUTES 42 SECONDS WEST 411.72 FEET ALONG THE EAST LINE OF SAID WEST 3/4 SW 1/4 SW 1/4 TO A FOUND IRON PIN; THENCE SOUTH 89 DEGREES 45 MINUTES 00 SECONDS WEST 178.91 FEET TO A FOUND IRON PIN FOR THE POINT OF BEGINNING; THENCE CONTINUE SOUTH 89 DEGREES 45 MINUTES 00 SECONDS WEST 288.0 FEET TO A FOUND AXLE ON THE EAST LINE OF SNUGG‘S CIRCLE; THENCE ALONG SAID EAST LINE NORTH 02 DEGREES 20 MINUTES 11 SECONDS EAST 154.94 FEET TO A FOUND PIPE; THENCE LEAVING SAID EAST LINE SOUTH 89 DEGREES 24 MINUTES 41 SECONDS EAST 281.88 FEET TO A FOUND AXLE; THENCE SOUTH 00 DEGREES 04 MINUTES 14 SECONDS WEST 150.65 FEET TO THE POINT OF BEGINNING, CONTAINING 1 ACRE, MORE OR LESS; EXCEPTION NUMBER 2: PART SW 1/4 SW l/4, SECTION 19, TOWNSHIP 4 NORTH, RANGE 13 WEST, FAULKNER COUNTY, ARKANSAS, DESCRIBED AS COMMENCING AT A FOUND RAILROAD SPIKE FOR THE SOUTHWEST CORNER OF SAID SW 1/4 SW 1/4; THENCE NORTH 89 DEGREES 44 MINUTES 59 SECONDS EAST 1,022.85 FEET ALONG THE SOUTH LINE OF SAID SW 1/4 SW 1/4 TO A FOUND AXLE BEING USED AND ACCEPTED AS THE SOUTHEAST CORNER OF THE WEST 3/4 OF SAID SW 1/4 SW 1/4; THENCE NORTH 00 DEGREES 01 MINUTES 42 SECONDS WEST 411.72 FEET ALONG THE EAST LINE OF SAID WEST 3/4 SW l/4 SW 1/4 TO A FOUND IRON PIN FOR THE POINT OF BEGINNING; THENCE SOUTH 89 DEGREES 45 MINUTES 00 SECONDS WEST 178.91 FEET TO A FOUND IRON PIN; THENCE NORTH 00 DEGREES 04 MINUTES 14 SECONDS EAST 150.65 FEET TO A FOUND AXLE; THENCE SOUTH 89 DEGREES 24 MINUTES 41 SECONDS EAST 178.55 FEET TO A SET 1/2 INCH REBAR ON SAID EAST LINE OF WEST 3/4 SW 1/4 SW 1/4; THENCE ALONG SAID EAST LINE SOUTH 00 DEGREES 04 MINUTES 20 SECONDS EAST 148.04 FEET TO THE POINT OF BEGINNING, CONTAINING 0.61 ACRE, MORE OR LESS LEAVING 2.39 ACRES, MORE OR LESS. Street Address: 93 Snuggs Circle, Mayflower, AR 72106. WHEREAS on September 7, 2023, Gary Lynn Harris and Luola Harris, as tenants by the entirety executed a Mortgage in favor of Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for loanDepot.com, which was recorded on September 20, 2023 as Instrument Number L202312911, in the real estate records of Faulkner County, Arkansas. The beneficial interest of said Mortgage has been assigned to Goldman Sachs Mortgage Company, which is the party initiating foreclosure. The party initiating foreclosure is MCLP Asset Company, Inc. 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 October 10th, 2024. TIMOTHY D. PADGETT, P.A., SUBSTITUTE TRUSTEE FOR MCLP ASSET COMPANY, INC. By: Renee Price, Timothy D. Padgett, P.A., 415 North McKinley, Ste 1177, Little Rock, AR 72205, (850) 422-2520. 24-007246-2. DR4T 11/26, 12/03, 12/10, 12/17/2024