County of Lonoke
MORTGAGEE'S NOTICE OF DEFAULT AND INTENTION TO SELL YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION. THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR SUCH PURPOSE. On January 29, 2021, Ethan Theodore Farnam and Christiane Arlene Farnam executed a Mortgage in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., AS MORTGAGEE, AS NOMINEE FOR FIRSTTRUST HOME LOANS, INC., ITS SUCCESSORS AND ASSIGNS, which was recorded on February 2, 2021, as Instrument No. 2021-01426 in the real property records of Lonoke County, Arkansas, and is now held by PENNYMAC LOAN SERVICES, LLC. The party initiating foreclosure can be contacted at or in care of its servicer initiating foreclosure at: PennyMac Loan Services, LLC, P.O. Box 514387, Los Angeles, CA 90051-4387, at Telephone No. 1-866-545-9070; and The default for which foreclosure is made is the mortgagor(s) failure to pay the full amount of each monthly payment on the date it is due as required by the terms of the Note and Security Instrument. Because of the failure to cure the default the indebtedness was accelerated, is now therefore wholly due and the Mortgagee has requested the property be sold to satisfy said indebtedness. On Thursday, June 11, 2026 on or about 10:00 AM, the following described real property will be sold at the front door entrance of the Lonoke County Courthouse, 301 North Center St., Lonoke, AR 72086, to the highest bidder for cash: Lot 6, Cedar Creek Subdivision, Lonoke County, Arkansas. More commonly known as 74 Cedar Creek Loop, Cabot, AR 72023. There may be occupants that claim an interest in the real property herein based upon said occupancy. The undersigned is the attorney-in-fact for the mortgagee and is acting on behalf of and with the consent of the mortgagee who is exercising its power of sale under Ark. Code Ann. Section 18-50-115 which implies a power of sale in every mortgage of real property situated in this State that is duly acknowledged and recorded. The sale 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. Unless discharged by bankruptcy, if your property is sold, then you will remain liable for any deficiency and an action for collection may be brought against you. The sale held pursuant to this Notice may be rescinded at the Attorney-in-Fact's option at any time. 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. The property is being sold “as is” with no representation as to its condition. THE TERMS OF SALE ARE CASH THE DAY OF SALE, UNLESS OTHERWISE AGREED TO BY THE MORTGAGEE, AND ALL TRANSFER TAXES WILL BE THE RESPONSIBILITY OF THE PURCHASER. This sale may be subject to reporting as required by the FinCEN Residential Real Estate Rule. If the sale is set aside for any reason, the Purchaser at the sale shall be entitled only to a return of the deposit paid. The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee or the Mortgagee's attorney. Witness my hand this 17th day of March, 2026. J.P. Sellers (2009232); Matthew Smith (2006098); Julie Chambers (2023166); Nathan Newberry (2025184) Attorney-in-Fact for PENNYMAC LOAN SERVICES, LLC Mackie Wolf Zientz & Mann, P.C. Redding Building 1701 Centerview Drive, Suite 207 Little Rock, AR 72211 (501) 218-8111 For additional sale information visit https://www.arforeclosurenotice.com. DR4T 5/12 5/19 5/26 6/02/2026
