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NOTICE OF DEFAULT AND INTENTION TO SELL
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
IF YOUR PROPERTY IS SOLD, YOU WILL REMAIN LIABLE FOR ANY DEFICIENCY WHICH THEN EXISTS AND AN ACTION FOR COLLECTION MAY BE BROUGHT AGAINST YOU.
WHEREAS, on June 16, 1999, James W Thomas, Jr executed a security instrument conveying certain property therein described to Greenpoint Credit Corp.; and
WHEREAS, said instrument was duly recorded June 23, 1999, in Book No. 756, at Page 906, in the real estate records of Phillips County, Arkansas; and
WHEREAS, the default is due to missed payments beginning with a due date of September 11, 2019 under the terms of the Note and indebtedness. Because of the failure to fully cure the default the indebtedness was accelerated and is wholly due. The Mortgagee 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.
WHEREAS, 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 Specialized Loan Servicing LLC, 6200 S. Quebec St. , Greenwood Village, CO 80112 , (800) 315-4757
NOW, THEREFORE, Wilson & Associates, P.L.L.C., as Attorney-in-Fact or as Trustee,, by virtue of the power, duty, and authority vested in and imposed upon it, will, on February 11, 2021, at or about 10:00 AM at the Phillips County Courthouse, Helena, Arkansas, offer for sale certain property hereinafter described to the highest bidder for cash, free from the statutory right of redemption, homestead, dower, and all other exemptions which are expressly waived in the mortgage, said property being real estate situated in Phillips County, Arkansas, and being more particularly described as follows:
Part of Lots Numbered One (1), Two (2), Three (3) and Four (4) in Block Numbered Twenty-Nine (29), LEXA HEIGHTS, City of Lexa, Phillips County, Arkansas, described as follows: Beginning at the Northwest corner of said Lot 1, Lexa Heights, thence East 135.50 feet to a fence line; thence South 1º23'25" East, 165.05 feet along said fence line if extended South; thence West 139.50 feet to the West line of said Lot 4, said Point being on the East Right-of-Way line of Elm Street; thence North 165.00 feet along the West line of said Lots 1, 2, 3 and 4 and along the said East Right-of-Way line to the Point of Beginning.
More commonly known as: 401 Elm St, Lexa, AR 72355
This sale 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 sale held pursuant to this Notice may be rescinded at any time. 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. THE SALE OF THIS PROPERTY WILL BE AUCTIONED WITH RESERVE. THE TERMS OF SALE ARE CERTIFIED FUNDS PAID AT THE CONCLUSION OF THE SALE, OR CREDIT BID FROM A BANK OR OTHER LENDING ENTITY PRE-APPROVED BY THE SUCCESSOR TRUSTEE. W&A No. 348648
WILSON & ASSOCIATES, P.L.L.C.
400 West Capitol Avenue
Suite 1400
Little Rock, AR 72201
(501) 219-9388
Email: Info@TheWilsonLawFirm.com
75354057f Show more »
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
IF YOUR PROPERTY IS SOLD, YOU WILL REMAIN LIABLE FOR ANY DEFICIENCY WHICH THEN EXISTS AND AN ACTION FOR COLLECTION MAY BE BROUGHT AGAINST YOU.
WHEREAS, on June 16, 1999, James W Thomas, Jr executed a security instrument conveying certain property therein described to Greenpoint Credit Corp.; and
WHEREAS, said instrument was duly recorded June 23, 1999, in Book No. 756, at Page 906, in the real estate records of Phillips County, Arkansas; and
WHEREAS, the default is due to missed payments beginning with a due date of September 11, 2019 under the terms of the Note and indebtedness. Because of the failure to fully cure the default the indebtedness was accelerated and is wholly due. The Mortgagee 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.
WHEREAS, 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 Specialized Loan Servicing LLC, 6200 S. Quebec St. , Greenwood Village, CO 80112 , (800) 315-4757
NOW, THEREFORE, Wilson & Associates, P.L.L.C., as Attorney-in-Fact or as Trustee,, by virtue of the power, duty, and authority vested in and imposed upon it, will, on February 11, 2021, at or about 10:00 AM at the Phillips County Courthouse, Helena, Arkansas, offer for sale certain property hereinafter described to the highest bidder for cash, free from the statutory right of redemption, homestead, dower, and all other exemptions which are expressly waived in the mortgage, said property being real estate situated in Phillips County, Arkansas, and being more particularly described as follows:
Part of Lots Numbered One (1), Two (2), Three (3) and Four (4) in Block Numbered Twenty-Nine (29), LEXA HEIGHTS, City of Lexa, Phillips County, Arkansas, described as follows: Beginning at the Northwest corner of said Lot 1, Lexa Heights, thence East 135.50 feet to a fence line; thence South 1º23'25" East, 165.05 feet along said fence line if extended South; thence West 139.50 feet to the West line of said Lot 4, said Point being on the East Right-of-Way line of Elm Street; thence North 165.00 feet along the West line of said Lots 1, 2, 3 and 4 and along the said East Right-of-Way line to the Point of Beginning.
More commonly known as: 401 Elm St, Lexa, AR 72355
This sale 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 sale held pursuant to this Notice may be rescinded at any time. 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. THE SALE OF THIS PROPERTY WILL BE AUCTIONED WITH RESERVE. THE TERMS OF SALE ARE CERTIFIED FUNDS PAID AT THE CONCLUSION OF THE SALE, OR CREDIT BID FROM A BANK OR OTHER LENDING ENTITY PRE-APPROVED BY THE SUCCESSOR TRUSTEE. W&A No. 348648
WILSON & ASSOCIATES, P.L.L.C.
400 West Capitol Avenue
Suite 1400
Little Rock, AR 72201
(501) 219-9388
Email: Info@TheWilsonLawFirm.com
75354057f Show more »