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MORTGAGEE'S NOTICE OF DEFAULT AND INTENTION TO SELL
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION
NOTICE IS HEREBY GIVEN that on June 30, 2021, at or about 10:00 AM, the subject real property described herein below will be sold at the Main Entrance to the Lawrence County Courthouse, 315 West Main Street, Walnut Ridge, AR 72476 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 DAY OF SALE AND ALL TRANSFER TAXES WILL BE THE RESPONSIBILITY OF THE PURCHASER.
WHEREAS, the property secured under the Mortgage is located in Lawrence County, Arkansas more particularly described as follows:
Lot Fifty-one (51), Woodland Acres Addition to the Town of Walnut Ridge, Arkansas.
Street Address: 305 Robin Lane, Walnut Ridge, AR 72476
WHEREAS on June 19, 1996, Tim D. Hudson executed a Mortgage in favor of United States of America, acting through the Farmers Home Administration, or successor agency, United States Department of Agriculture, which was recorded on June 19, 1996 in Book 72, Page 221, in the real estate records of Lawrence County, Arkansas. The party initiating foreclosure is USDA Rural Development and can be contacted at or in care of its servicer initiating foreclosure at: USDA Rural Development, 4300 Goodfellow Blvd, Bldg. 105F, FC 215, St. Louis, MO 63120, at Telephone Number 314-206-2800; 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 attorney for the mortgagee and is acting on and with the consent and authority of the mortgagee who is exercising its power of sale under Ark. Code Ann. §18-50-115 which implies a power of sale in every mortgage of real property situated in this state that is duly acknowledged and recorded; and default has occurred in the payment of said indebtedness, 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.
The undersigned is an active, licensed member of the Bar of the Supreme Court of the State of Arkansas, and the law firm of the undersigned maintains an office at 415 N. McKinley St., Suite 1177, Little Rock, AR 72205 that is located within the State of Arkansas, is accessible to the public during regular business hours, and has the ability to accept funds from a grantor, mortgagor, or obligor to reinstate or pay off a mortgage or deed of trust.
WITNESS my hand this April 5, 2021.
TIMOTHY D. PADGETT, P.A.
SUBSTITUTE TRUSTEE FOR USDA RURAL DEVELOPMENT
By: D. Renee Price
Timothy D. Padgett, P.A.
6267 Old Water Oak Road,
Suite 203
Tallahassee, FL 32312
(850) 422-2520
75410566f Show more »
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION
NOTICE IS HEREBY GIVEN that on June 30, 2021, at or about 10:00 AM, the subject real property described herein below will be sold at the Main Entrance to the Lawrence County Courthouse, 315 West Main Street, Walnut Ridge, AR 72476 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 DAY OF SALE AND ALL TRANSFER TAXES WILL BE THE RESPONSIBILITY OF THE PURCHASER.
WHEREAS, the property secured under the Mortgage is located in Lawrence County, Arkansas more particularly described as follows:
Lot Fifty-one (51), Woodland Acres Addition to the Town of Walnut Ridge, Arkansas.
Street Address: 305 Robin Lane, Walnut Ridge, AR 72476
WHEREAS on June 19, 1996, Tim D. Hudson executed a Mortgage in favor of United States of America, acting through the Farmers Home Administration, or successor agency, United States Department of Agriculture, which was recorded on June 19, 1996 in Book 72, Page 221, in the real estate records of Lawrence County, Arkansas. The party initiating foreclosure is USDA Rural Development and can be contacted at or in care of its servicer initiating foreclosure at: USDA Rural Development, 4300 Goodfellow Blvd, Bldg. 105F, FC 215, St. Louis, MO 63120, at Telephone Number 314-206-2800; 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 attorney for the mortgagee and is acting on and with the consent and authority of the mortgagee who is exercising its power of sale under Ark. Code Ann. §18-50-115 which implies a power of sale in every mortgage of real property situated in this state that is duly acknowledged and recorded; and default has occurred in the payment of said indebtedness, 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.
The undersigned is an active, licensed member of the Bar of the Supreme Court of the State of Arkansas, and the law firm of the undersigned maintains an office at 415 N. McKinley St., Suite 1177, Little Rock, AR 72205 that is located within the State of Arkansas, is accessible to the public during regular business hours, and has the ability to accept funds from a grantor, mortgagor, or obligor to reinstate or pay off a mortgage or deed of trust.
WITNESS my hand this April 5, 2021.
TIMOTHY D. PADGETT, P.A.
SUBSTITUTE TRUSTEE FOR USDA RURAL DEVELOPMENT
By: D. Renee Price
Timothy D. Padgett, P.A.
6267 Old Water Oak Road,
Suite 203
Tallahassee, FL 32312
(850) 422-2520
75410566f Show more »