Type:   NJF
Party:   Cornerstone Capital Bank, SSB
County:   Faulkner
Attorney/Contact:   Wilson & Associates, PLLC
Property:   13 Independence Lane, Vilonia AR 72173
Property Description:  

NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On October 14, 2022, Tiffany Persilver and Tyler Persilver executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for DAS Acquisition Company, LLC, its successors and assigns; which was recorded October 18, 2022, Document No. L202218573 in the real estate records of Faulkner 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 American Portfolio Mortgage Corporation, 1177 West Loop South, Suite 700 , Houston, TX 77027 , (281) 954-0067. On February 24, 2025, at or about 10:00 AM at the Faulkner County Courthouse, Conway, Arkansas, the real property described below will be sold to the highest bidder for the terms described: Part of the SE1/4 NE1/4, Section 22, T5N, R11W, Faulkner County, Arkansas, described as beginning at a point 660 feet West of the SE corner of said SE1/4 NE1/4, thence continue West 294 feet; thence North 165 feet; thence East 294 feet; thence South 165 feet to the point of beginning. Together with a 20 foot road easement described as beginning at the SE corner of said SE1/4 NE1/4, Section 22, T5N, R11W, thence North 165 feet; thence West 660 feet; thence South 20 feet; thence East 640 feet; thence South 145 feet; thence East 20 feet to the point of beginning.  APN#: 001-00650-002. More commonly known as:  13 Independence Lane, Vilonia, AR 72173. 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   If the sale is rescinded for any reason, the purchaser shall be entitled to any funds paid and shall have no further recourse.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. 360844, WILSON & ASSOCIATES, P.L.L.C., 400 West Capitol Avenue Suite 1400, Little Rock, AR 72201, (501) 219-9388, Email: Info@TheWilsonLawFirm.com. DR4T 1/28, 2/04, 2/11, 2/18/2025


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