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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 6, 2022, Kimberly F Sutphin executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Gateway Mortgage, a division of Gateway First Bank, its successors and assigns; which was recorded May 16, 2022, Document No. L202201536in the real estate records of Madison 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 Lakeview Loan Servicing, LLC, 3637 Sentara Way Suite 303, Virginia Beach, VA 23452 , (757) 892-1719
On June 4, 2026, at or about 11:00 AM at the Madison County Courthouse, Huntsville, Arkansas, the real property described below will be sold to the highest bidder for the terms described:
Part of the Southwest Quarter of the Northeast Quarter of Section 33, Township 16 North, Range 27 West, Madison County, Arkansas being more particularly described as follows, to-wit: Beginning at a point which is 267.08 feet South and S 50 degrees 51’ 00” W 1005.16 feet from the Northeast corner of said Forty acre tract and running thence S 70 degrees 45’57” E 100.17 feet; thence S 60 degrees 06’24” E 59.90 feet; thence S 12 degrees 28’ 05” W 105.03 feet; thence S 50 degrees 50’00” W 349.33 feet to the centerline of Arkansas State Highway 295, thence along said centerline N 30 degrees 19’18” W 89.04 feet; N 31 degrees 47’33” W 64.09 feet; N 34 degrees 31*53” W 55.19 feet; thence leaving said centerline N 50 degrees 51’00” E 331.41 feet to the point of beginning. Subject to easements and rights-of-way of record.
More commonly known as: 22598 Highway 295, Wesley, AR 72773
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
595553f
Post Date: 05/10
Refcode: #595553 
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