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NOTICE OF DEFAULT AND INTENTION TO SELL
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
On June 1, 2020, Teron Cox executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Mortgage Research Center, LLC dba Veterans United Home Loans, its successors and assigns; which was recorded June 1, 2020, in Book No. 1 202009, at Page 635 with subsequent modification recorded on January 20, 2023, in Book No. 1 2023001, at Page 834 in the real estate records of Johnson 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 The Secretary of Veterans Affairs, an officer of the United States, 1 Mortgage Way , Mt. Laurel, NJ 08054 , (800) 746-2936
On June 4, 2026, at or about 9:00 AM at the Johnson County Courthouse, Clarksville, Arkansas, the real property described below will be sold to the highest bidder for the terms described:
LOT TWENTY-NINE (29) OF TAYLOR ESTATES, PHASE II, BEING PART OF THE NE/4 NW/4 OF SECTION 26, TOWNSHIP 10 NORTH, RANGE 23 WEST, FILED FEBRUARY 12, 2018 IN THE SURVEY RECORDS OF JOHNSON COUNTY, ARKANSAS, IN DRAWER 34, CONTAINING 0.75 ACRES, MORE OR LESS.
More commonly known as: 62 Private Road 3533, Clarksville, AR 72830
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 If the sale is rescinded for any reason, the purchaser shall be entitled to any funds paid and shall have no further recourse.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
595733f
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
On June 1, 2020, Teron Cox executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Mortgage Research Center, LLC dba Veterans United Home Loans, its successors and assigns; which was recorded June 1, 2020, in Book No. 1 202009, at Page 635 with subsequent modification recorded on January 20, 2023, in Book No. 1 2023001, at Page 834 in the real estate records of Johnson 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 The Secretary of Veterans Affairs, an officer of the United States, 1 Mortgage Way , Mt. Laurel, NJ 08054 , (800) 746-2936
On June 4, 2026, at or about 9:00 AM at the Johnson County Courthouse, Clarksville, Arkansas, the real property described below will be sold to the highest bidder for the terms described:
LOT TWENTY-NINE (29) OF TAYLOR ESTATES, PHASE II, BEING PART OF THE NE/4 NW/4 OF SECTION 26, TOWNSHIP 10 NORTH, RANGE 23 WEST, FILED FEBRUARY 12, 2018 IN THE SURVEY RECORDS OF JOHNSON COUNTY, ARKANSAS, IN DRAWER 34, CONTAINING 0.75 ACRES, MORE OR LESS.
More commonly known as: 62 Private Road 3533, Clarksville, AR 72830
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
595733f
Refcode: #595733
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