Type:   NJF
Party:   Freedom Mortgage Corporation
County:   Faulkner
Attorney/Contact:   Wilson & Associates, PLLC
Property:   203 Jones Road, Jacksonville AR 72076
Property Description:  

NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On September 29, 2023, Michael Shayne Henshaw executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Gershman Investment Corp. D/B/A Gershman Mortgage, its successors and assigns; which was recorded October 4, 2023, Document No. L202313692 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 Freedom Mortgage Corporation, Attention: Payment Processing 11988 EXIT 5 PKWY BLDG 4, Fishers, IN 46037-7939, (855) 690-5900. 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: THE EAST HALF OF THE EAST HALF OF THE NORTH HALF OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER AND PART OF THE NORTH HALF OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 11, TOWNSHIP 4 NORTH, RANGE 12 WEST, FAULKNER COUNTY, ARKANSAS, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID NORTHWEST QUARTER OF THE NORTHWEST QUARTER, BEING MARKED BY A FOUND MAG NAIL; THENCE S1°27'54"W A DISTANCE OF 663.52 FEET TO A FOUND 5/8" REBAR W/CAP (PLS 1755), SAID POINT BEING AT THE NORTHEAST CORNER OF SAID NORTH HALF; THENCE S1°53'32"W A DISTANCE OF 332.68 FEET TO A FOUND 1" PIPE AT A FENCE CORNER, SAID POINT BEING AT THE SOUTHEAST CORNER OF SAID NORTH HALF; THENCE ALONG THE SOUTH LINE OF THE NORTH HALF, N88°59'15"W A DISTANCE OF 329.55 FEET TO A 1/2" REBAR W/CAP (PS 1547); THENCE LEAVING SAID SOUTH LINE, N1°26'58"E A DISTANCE OF 332.26 FEET TO A FOUND 5/8" REBAR W/CAP (PLS 1755), SAID POINT BEING AT THE SOUTHWEST CORNER OF SAID EAST HALF; THENCE N1°26'58"E A DISTANCE OF 663.30 FEET TO A FOUND MAG NAIL, SAID POINT BEING AT THE NORTHWEST CORNER OF SAID EAST HALF; THENCE S89°05'36"E A DISTANCE OF 332.32 FEET TO THE POINT OF BEGINNING, CONTAINING 7.58 ACRES MORE OR LESS. More commonly known as:  203 Jones Road, Jacksonville, AR 72076. 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. 361015, 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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