View original fileNOTICE OF DEFAULT AND INTENTION TO SELL
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
On July 26, 2024, Hernan Martinez executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for NEXA Mortgage, its successors and assigns; which was recorded August 1, 2024, Document No. L202401911in 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, One Fountain Plaza, 7th Floor P.O. Box 840, Buffalo, NY 14203-1495 , (800) 724-1633
On September 24, 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:
A part of the Northeast Quarter of the Northwest Quarter of Section 35, Township 17 North, Range 26 West of the Fifth Principal Meridian in Madison County, Arkansas, being more particularly described as follows: Commencing at the Northwest corner of said Section 35, a record 5/8” rebar pin; thence South 87°42’40”E 1315.38 feet to record 5/8” rebar pin for the Northwest Corner of said Northeast Quarter of the Northwest Quarter as shown on survey #S201700100 on file in the Madison County Circuit Clerk’s Office; thence South 87°42’40” East, 730.14 feet; thence South 00°36’17” West, 255.54 feet to a found 5/8” rebar pin shown on said survey for the POINT OF BEGINNING; thence along said survey as follows, South 00°36’18” West, 239.70 feet along a fence to a found 1/2” rebar pin with cap #1610; thence South 79°30’53” East, 139.72 feet along an ancient rock line and fence remnants to a found 1” pinch pipe; thence along a fence, South 11°53’17” West, 225.68 feet to a point in the centerline of Pump Station Avenue from which a found 1/2” rebar pin with cap #1610 bears North 11°53’17” East, 18.4 feet; thence along said centerline and survey, North 75°44’23” West, 96.21 feet; thence along said survey as follows. North 00°36’17” East, 20.58 feet; thence North 75°25’00” West, 426,77 feet to a set 1/2” rebar pin; thence North 51°20’03” East, 534.94 feet to the POINT OF BEGINNING, Containing 2.70 ACRES, more or less.
More commonly known as: 4501 Business Highway 412, Huntsville, AR 72740
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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