View original fileNOTICE OF DEFAULT AND INTENTION TO SELL
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
On May 6, 2021, Timmy Hervery executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for PennyMac Loan Services, LLC, its successors and assigns; which was recorded June 2, 2021, Document No. LR-2021-1259in the real estate records of Cross 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 PennyMac Loan Services, LLC, 3043 Townsgate Road Suite 200, Westlake Village, CA 91361 , (866) 549-3583
On August 13, 2026, at or about 10:15 AM at the Cross County Courthouse, Wynne, Arkansas, the real property described below will be sold to the highest bidder for the terms described:
The following lands located in Cross County, Arkansas, to wit: A parcel of property located in the Southeast Quarter (SE1/4) of Section Twenty-Four (24), Township Seven (7) North, Range Two (2) East, Cross County, Arkansas, being more particularly described as follows: Commencing at the Southeast Corner of the Southeast Quarter (SE1/4) of said Section Twenty-Four (24), thence North 00º02’16” East 1184.94 feet along the East line of said SE 1/4 to the Southeast Corner of Tract of land recorded in Book 413 at Page 738; Thence South 87º06’50” West 892.09 feet (measures 891.92 feet) along the South line of said Tract to the point of beginning; thence continue South 87°06’50” West 885.13 feet to a point; thence North 00º02’19” East 494,53 feet (measures North 00°14’33” East 495.88 feet) to appoint; thence North 87°21’22” East 894.44 feet (measures North 87º28’44” East 894.31 feet) to a point; thence South 00º02’16” West 490,78 feet (Measures South 01º20’48” West 490.78 Feet) to the point of beginning, containing 10.06 acres more or less, and being subject to all easements and rights-of-way of record. Roadway Easement: A Forty (40) foot wide easement lying in the southeast quarter (SE1/4) of Section Twenty-Four (24), Township Seven (7) North, Range Two (2) East, Cross County, Arkansas, being more particularly described as follows: beginning at the Northwest Corner of the above described property, thence South 87°21’22” West 853.15 feet (record 893.15 feet) to a point on the East right-of-way line of Arkansas Highway No, 284; thence South 01º44’51” West 40.00 feet along said right-of-way line; thence North 87º21’22” East 854.34 feet (Record 894.34 feet to appoint on the West line of the above described property; thence North 00°14’33” East (North 00°02’19” East) 40.00 feet to the point of beginning.
More commonly known as: 2507 Highway 284, Wynne, AR 72396
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
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