NOTICE OF DEFAULT AND INTENTION TO SELL
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
On June 28, 2019, Byron Pratt and Jerita Coatney executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Centennial Bank, its successors and assigns; which was recorded July 1, 2019, in Book No. DT 2019, at Page 9647in the real estate records of Independence 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 Freedom Mortgage Corporation, Attention: Payment Processing 11988 EXIT 5 PKWY BLDG 4, Fishers, IN 46037-7939 , (855) 690-5900
On June 11, 2026, at or about 1:00 PM at the Independence County Courthouse, Batesville, Arkansas, the real property described below will be sold to the highest bidder for the terms described:
Part of the Northwest Quarter of the Northeast Quarter of Section 33, Township 13 North, Range 4 West, described as follows: All of the Northwest Quarter of the Northeast Quarter, excepting the following: Beginning at the Northwest Corner of the Northwest Quarter of the Northeast Quarter, thence East 2000 links, more or less to the Northeast Corner of the Northwest Quarter of the Northeast Quarter, thence South 900 links more or less to a point 25 links South of a Water Oak, thence West 2000 links more or less to a point due South of the beginning corner, thence North 900 links to the place of beginning, containing 21 acres, more or less, LESS AND EXCEPT part of the Northwest Quarter of the Northeast Quarter of Section 33, Township 13 North, Range 4 West, described as follows: All the West Half of the Northwest Quarter of the Northeast Quarter, reserving 30 feet for an easement along the entire South boundary of the aforesaid tract, allowing ingress and egress to the grantors herein to the East Half of the property retained by them; excepting the following: Beginning at the Northwest Corner of the Northwest Quarter of the Northeast Quarter, thence East 2000 links more or less to the Northeast Corner of the Northwest Quarter of the Northeast Quarter, thence South 900 links, more or less, to a point 25 links South of a Water Oak, thence West 2000 links, more or less to a point due South of the beginning corner, thence North 900 links to the place of beginning, containing 10.5 acres, more or less. ALSO, an easement for ingress and egress along the entire South line of the following described property: The East Half of the following described property: Part of the Northwest Quarter of the Northeast Quarter of Section 33, Township 13 North, Range 4 West, described as follows: All of the Northwest Quarter of the Northeast Quarter, excepting the following: Beginning at the Northwest corner of the Northwest Quarter of the Northeast Quarter, thence East 2000 links, more or less, to the Northeast corner of the Northwest Quarter of the Northeast Quarter, thence South 900 links, more or less, to a point 25 links South of a Water Oak, thence West 2000 links, more or less, to a point due South of the Beginning corner, thence North 900 links to the place of beginning, containing 10.5 acres, more or less, subject to an easement 30 feet in width across the entire South line of said Tract of land. ALSO, an easement for ingress and egress along the entire South line of the following described property: The East Half of the following described property: Part of the Northwest Quarter of the Northeast Quarter of Section 33, Township 13 North, Range 4 West, described as follows: All of the Northwest Quarter of the Northeast Quarter, excepting the following: Beginning at the Northwest corner of the Northwest Quarter of the Northeast Quarter, thence East 2000 links, more or less, to the Northeast corner of the Northwest Quarter of the Northeast Quarter, thence South 900 links, more or less, to a point 25 links South of a Water Oak, thence West 2000 links, more or less, to a point due South of the Beginning comer, thence North 900 links to the place of beginning, containing 10.5 acres, more or less, subject to an easement 30 feet in width across the entire South line of said Tract of land.
More commonly known as: 325 Diamond Street, Newark, AR 72562
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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