Type: NJFParty: Vanderbilt Mortgage and FinanceCounty: SalineAttorney/Contact: Padgett Law Group - ARProperty: 12566 Chambers Road, Bauxite AR 72011Property Description:
THIS FORM PREPARED BY: Timothy D. Padgett, P.A., 415 North McKinley, Ste 1177, Little Rock, AR 72205, (850) 422-2520. PLG 19-000243-5
Grantor: TIMOTHY D. PADGETT, P.A.
Grantee: CATHIE L. YOUNG,
(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 to the Saline County Courthouse, 200 North Main Street, Benton, AR 72015 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 Saline County, Arkansas more particularly described as follows: Lot 9 Sand Hills Estates, Phase I, Saline County, Arkansas. Together with that certain 2011 CMH 37LVS28764AH11 mobile home with Vehicle Identification Number(s): CS2013043TNAB. Street Address: 12566 Chambers Road, Bauxite, AR 72011. WHEREAS on June 12, 2012, Cathie Young, unmarried executed a Mortgage in favor of Vanderbilt Mortgage and Finance, Inc., which was recorded on June 22, 2012 in Book Doc Book 2012, Page 51634, in the real estate records of Saline County, Arkansas. The party initiating foreclosure is Vanderbilt Mortgage and Finance, Inc. and can be contacted at or in care of its servicer initiating foreclosure at: VANDERBILT MORTGAGE AND FINANCE, INC., P.O. BOX 9800, MARYVILLE, TN 37802, at Telephone Number 865-380-3000; 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 16th, 2024. TIMOTHY D. PADGETT, P.A., SUBSTITUTE TRUSTEE FOR VANDERBILT MORTGAGE AND FINANCE, INC. By: Renee Price, Timothy D. Padgett, P.A., 415 North McKinley, Ste 1177, Little Rock, AR 72205, (850) 422-2520.19-000243-5. DR4T 11/26, 12/03, 12/10, 12/17/2024