Type: NJFParty: Wells Fargo NACounty: LonokeAttorney/Contact: AlbertelliProperty: 295 Chaz Road , Lonoke AR 72176Property Description:
Prepared by: ALBERTELLI LAW, 1 INFORMATION WAY, SUITE 201, LITTLE ROCK, AR 72202, (501) 406-0855 ALAW File 24-036040. NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION IF THIS PROPERTY IS SOLD YOU WILL REMAIN LIABLE FOR ANY DEFICIENCY WHICH THEN EXISTS AND AN ACTION TO COLLECT IT MAY BE BROUGHT AGAINST YOU THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR SUCH PURPOSE. NOTICE IS HEREBY GIVEN that on January 23, 2025 at or about 10:00AM, the subject real property described herein below will be sold at of the Lonoke County Courthouse, 301 North Center St., 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 TIME OF SALE AND ALL TRANSFER TAXES WILL BE THE RESPONSIBILITY OF THE PURCHASER. WHEREAS, the property secured under the Deed of Trust is located in Lonoke County, Arkansas more particularly described as follows: LOT 13, CHAZ'S SUBDIVISION, LONOKE COUNTY, ARKANSAS. Street Address: 295 Chaz Road Ward AR 72176, WHEREAS on January 30, 2004, Timothy Holder, a married man and Molli Holder, spouse of mortgagor, executed a Deed of Trust in favor of G. Tommy Bastian, as trustee for Mortgage Electronic Registration Systems, Inc., as nominee for BSM Financial, L.P. DBA Banksource Mortgage. Said Deed of Trust was recorded on February 3, 2004 as Instrument No. 200401314 in the real property records of Lonoke County, Arkansas. The Deed of Trust was subsequently assigned to Wells Fargo Bank NA by virtue of an assignment dated May 20, 2010 and recorded on June 2, 2010 as Instrument No. 201005599 in the real property records of Lonoke County, Arkansas. The Deed of Trust was subsequently re-assigned to Wells Fargo Bank NA by virtue of an assignment dated May 24, 2011 and recorded on May 27, 2011 as Instrument No. 201105409 in the real property records of Lonoke County, Arkansas. The party initiating foreclosure can be contacted at or in care of its servicer initiating foreclosure at: Wells Fargo Bank, N.A. 11625 N Community House Rd Charlotte NC 28277 at Telephone No. 414-214-4347; 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 substitute trustee and is acting on and with the consent and authority of the lender who is exercising its power of sale under Ark. Code Ann. §18-50-115 which implies a power of sale in every Deed of Trust of real property situated in this state that is duly acknowledged and recorded; and default has occurred in the payment of said indebtedness, specifically the installment due October 1, 2023, and each subsequent payment to date are now due 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. This sale is subject to all matters shown on any applicable recorded plat or bill(s) of assurance; any restrictive covenants, easements, set back liens or encroachments; any unpaid and/or delinquent taxes or special assessments; any statutory redemption rights of any governmental entity; any prior liens or encumbrances as well as any priority created by a UCC or fixture filing; and, to any matter that an accurate survey of the property might disclose. This property is being sold "as is" with no representation as the condition of any structure(s) thereon or the accuracy of the above legal description. Transfer taxes and recording fees are the responsibility of the purchaser. WITNESS my hand this 12 day of November, 2024. Albertelli Law , Kevin Rogers, 2012031, 1 Information Way, Suite 201, Little Rock, AR 72202, 501-406-0855, A LAW No. 24-036040. DR4T 12/24, 12/31/24, 1/07, 1/14/2025