Type: NJFParty: Shellpoint Mortgage ServicingCounty: LonokeAttorney/Contact: Foundation Legal GroupProperty: 2735 AR Hwy 367, Austin AR 72007Property Description:
NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. On September 29, 2020, Duane G Nelson, III and Bethany Nelson executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Caliber Home Loans, Inc., its successors and assigns; which was recorded October 6, 2020, Document No. 2020-11273 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 NewRez LLC, 75 Beattie Place Suite 300, Greenville, SC 29601, (800) 365-7107. On May 12, 2026, at or about 11:00 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 the fractional Block 52 Town of Austin and part of the East Half of the Northwest Quarter of Section 8, Township 4 North, range 9 West, Lonoke County, Arkansas, more particularly described as follows: to-wit : Commencing at the Southernmost corner of Block 52of Austin City, proceed in a northeasterly direction along the Southeast side of said Block 52 a distance of 18 feet to the Point of Beginning; thence in a Northwesterly direction beside the property conveyed to Faith Independent Baptist Church a distance of 300 feet; thence in a Southwesterly direction parallel to U.S. Highway 367 a distance of 100 feet; thence in a Southeasterly direction running parallel to the Southwest side of Block 52 to the Old Ark-Mo Highway a distance of 300 feet; thence in a Northeasterly direction along the edge of said Old Ark-Mo Highway a distance of 100 feet to the Point of Beginning. More commonly known as: 2735 AR Hwy 367, Austin, AR 72007. 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 360328 4/14 4/21 4/28 5/05/2026