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NOTICE OF DEFAULT AND INTENTION TO SELL
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
On May 8, 2005, Chester D Merritt executed a security instrument conveying certain property therein described to Jim Walter Homes, Inc.; which was recorded July 5, 2005, in Book No. B-82, at Page 617in the real estate records of Mississippi (Osceola) 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 U.S. Bank, N.A., as Trustee, successor in interest to Wachovia Bank, National Association, as Trustee, for Mid-State Capital Corporation 2005-1 Trust, 75 Beattie Place Suite 300 , Greenville, SC 29601 , (800) 365-7107
On August 7, 2026, at or about 9:00 AM at the Mississippi (Osceola) County Courthouse, Osceola, Arkansas, the real property described below will be sold to the highest bidder for the terms described:
A lot in the SE 1/4 NE 1⁄4 Section 32, T13N, R08E, Mississippi County, Arkansas being more particularly described as commencing at the East Quarter Corner Section 32, T13N, R08E; Thence N89°24’50”W along the South line of the NE 1/4 119.48 feet to the POINT OF BEGINNING; Thence N89°24’50”W along the North line of the NE 1/4 218.08 feet; Thence N02°20’00”W 150.00 feet; Thence S89°24’50”E 218.08 feet; Thence S02°20’00”E 150.00 feet to the South line of the NE 1/4 and the POINT OF BEGINNING and containing 0.75 Acres, more or less and along with the rights of ingress and egress along the South 30 feet of the East 119.48 of the SE 1/4, NE 1/4 Section 32, and being subject to a 30 feet easement for ingress and egress along the South side and being subject to any easements of record.
More commonly known as: 1485 South County Road 69, Osceola, AR 72370
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
606040f
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
On May 8, 2005, Chester D Merritt executed a security instrument conveying certain property therein described to Jim Walter Homes, Inc.; which was recorded July 5, 2005, in Book No. B-82, at Page 617in the real estate records of Mississippi (Osceola) 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 U.S. Bank, N.A., as Trustee, successor in interest to Wachovia Bank, National Association, as Trustee, for Mid-State Capital Corporation 2005-1 Trust, 75 Beattie Place Suite 300 , Greenville, SC 29601 , (800) 365-7107
On August 7, 2026, at or about 9:00 AM at the Mississippi (Osceola) County Courthouse, Osceola, Arkansas, the real property described below will be sold to the highest bidder for the terms described:
A lot in the SE 1/4 NE 1⁄4 Section 32, T13N, R08E, Mississippi County, Arkansas being more particularly described as commencing at the East Quarter Corner Section 32, T13N, R08E; Thence N89°24’50”W along the South line of the NE 1/4 119.48 feet to the POINT OF BEGINNING; Thence N89°24’50”W along the North line of the NE 1/4 218.08 feet; Thence N02°20’00”W 150.00 feet; Thence S89°24’50”E 218.08 feet; Thence S02°20’00”E 150.00 feet to the South line of the NE 1/4 and the POINT OF BEGINNING and containing 0.75 Acres, more or less and along with the rights of ingress and egress along the South 30 feet of the East 119.48 of the SE 1/4, NE 1/4 Section 32, and being subject to a 30 feet easement for ingress and egress along the South side and being subject to any easements of record.
More commonly known as: 1485 South County Road 69, Osceola, AR 72370
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
606040f
Refcode: #606040
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