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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 September 3, 2003, Guy E Smith and Wilma L Smith executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Mortgage Investors Corporation, its successors and assigns; and
WHEREAS, said instrument was duly recorded September 10, 2003, in Book No. 2003, at Page 18766, in the real estate records of Sharp County, Arkansas; and
WHEREAS, the default is due to missed payments beginning with a due date of February 1, 2020 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 Wells Fargo Bank, NA, 1000 Blue Gentian Road N9286-01Y, Eagan, MN 55121 , (866) 234-8271
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 March 22, 2021, at or about 10:15 AM at the Sharp County Courthouse, Ash Flat, 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 Sharp County, Arkansas, and being more particularly described as follows:
A parcel of land in the Southeast quarter of the Southwest quarter of Section 10, Township 18 North, Range 6 West, more particularly described as follows: commencing at the southeast corner of said SE 1/4 SW1/4; thence north 89 degrees 42 minutes 05 seconds West 269.69 feet; thence North 00 degrees 26 minutes 55 seconds east 862.89 feet to the point of beginning; thence North 21 degrees 12 minutes 03 seconds East 140.00 feet along a fence to a 1" iron pipe in the Southerly right of way of Peace Valley Road; thence along said right of way North 59 degrees 48 minutes 50 seconds West 99.94 feet (100 feet deed) to a 3/4" iron pipe; thence along a fence South 21 degrees 13 minutes 33 seconds West 140.00 feet; thence South 59 degrees 49 minutes 10 seconds East 100 feet to the point of Beginning, containing 0.32 acres, more or less.
More commonly known as: 51 Peace Valley Road, Ash Flat, AR 72513-9759
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. 349014
WILSON & ASSOCIATES, P.L.L.C.
400 West Capitol Avenue
Suite 1400
Little Rock, AR 72201
(501) 219-9388
Email: Info@TheWilsonLawFirm.com
75371342f 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 September 3, 2003, Guy E Smith and Wilma L Smith executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Mortgage Investors Corporation, its successors and assigns; and
WHEREAS, said instrument was duly recorded September 10, 2003, in Book No. 2003, at Page 18766, in the real estate records of Sharp County, Arkansas; and
WHEREAS, the default is due to missed payments beginning with a due date of February 1, 2020 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 Wells Fargo Bank, NA, 1000 Blue Gentian Road N9286-01Y, Eagan, MN 55121 , (866) 234-8271
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 March 22, 2021, at or about 10:15 AM at the Sharp County Courthouse, Ash Flat, 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 Sharp County, Arkansas, and being more particularly described as follows:
A parcel of land in the Southeast quarter of the Southwest quarter of Section 10, Township 18 North, Range 6 West, more particularly described as follows: commencing at the southeast corner of said SE 1/4 SW1/4; thence north 89 degrees 42 minutes 05 seconds West 269.69 feet; thence North 00 degrees 26 minutes 55 seconds east 862.89 feet to the point of beginning; thence North 21 degrees 12 minutes 03 seconds East 140.00 feet along a fence to a 1" iron pipe in the Southerly right of way of Peace Valley Road; thence along said right of way North 59 degrees 48 minutes 50 seconds West 99.94 feet (100 feet deed) to a 3/4" iron pipe; thence along a fence South 21 degrees 13 minutes 33 seconds West 140.00 feet; thence South 59 degrees 49 minutes 10 seconds East 100 feet to the point of Beginning, containing 0.32 acres, more or less.
More commonly known as: 51 Peace Valley Road, Ash Flat, AR 72513-9759
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. 349014
WILSON & ASSOCIATES, P.L.L.C.
400 West Capitol Avenue
Suite 1400
Little Rock, AR 72201
(501) 219-9388
Email: Info@TheWilsonLawFirm.com
75371342f Show more »