Type:   NJF
Party:   PennyMac Loan Services, LLC
County:   Lonoke
Attorney/Contact:   Foundation Legal Group
Property:   418 W 3rd St, Lonoke AR 72086
Property Description:  

NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On July 17, 2020, Clara Sue Kasiah and Richard Oliver Kasiah executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Sente Mortgage, Inc., its successors and assigns; which was recorded July 24, 2020, Document No. 2020-07832 with subsequent modification recorded on July 6, 2021, Document No. 2021-08726 in the real estate records of Lonoke 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 PennyMac Loan Services, LLC, 3043 Townsgate Road Suite 200, Westlake Village, CA 91361, (866) 549-3583
 On February 24, 2026, at or about 9:00 AM at the Lonoke County Courthouse, Lonoke, Arkansas, the real property described below will be sold to the highest bidder for the terms described: Part of Block 24, Wright's Survey to the Town of Lonoke, Lonoke County, Arkansas, more particularly described as follows: Beginning at the SW corner of said Block; thence North 150.00 feet; thence East 63.72 feet; thence South 50.23 feet; thence S 76 degrees 02'25'E40.47 feet; thence South 90.00 feet; thence West 103.00 feet to the Point of Beginning. Subject to right of ways and easements. More commonly known as: 418 W 3rd St, Lonoke, AR 72086. 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 If the sale is rescinded for any reason, the purchaser shall be entitled to any funds paid and shall have no further recourse.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. Foundation Legal Group, LLP fka WILSON & ASSOCIATES, P.L.L.C. 400 West Capitol Ave. Suite 1400 Little Rock, AR 72201 (866)501-9462 Email: questions@thefoundationlegalgroup.com. FLG 364488. DR4T 1/27 2/03 2/10 2/17/2026


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