View original fileNOTICE OF DEFAULT AND INTENTION TO SELL
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
On March 29, 2023, Tamika Loerch and Heath Loerch executed a security instrument conveying certain property therein described to Mortgage Electronic Registration Systems, Inc., as mortgagee, as nominee for Academy Mortgage Corporation, its successors and assigns; which was recorded March 29, 2023, Document No. 2023001977in the real estate records of Greene 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 October 19, 2026, at or about 10:00 AM at the Greene County Courthouse, Paragould, Arkansas, the real property described below will be sold to the highest bidder for the terms described:
That part of the Southwest Quarter of the Northwest Quarter and that part of the Northwest Quarter of the Southwest Quarter of Section 32, Township 17 North, Range 6 East, described as follows: Beginning at the Northwest Corner of said Northwest Corner Southwest Corner, run thence North 88 degrees 54 minutes East 536.4 feet, run thence North 1 degree 35 minutes East 20.9 feet to the true point of beginning, run thence South 62 degrees 42 minutes East 150.0 feet to a round rebar, run thence North 0 degrees 35 minutes West 233.0 feet, run thence North 85 degrees 07 minutes West 126.5 feet, run thence South 1 degree 35 minutes West 175.0 feet to the true point of beginning, containing 0.61 acre, more or less. SUBJECT TO a 20-foot Ingress/Egress Easement across the East side thereof and all utility easements or rights of way of record.
More commonly known as: 905 Grayson Street, Paragould, AR 72450
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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