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Fill and Sign the Notice of Intent to Enforce Forfeiture Provisions of Contact for Deed Arkansas Form

Fill and Sign the Notice of Intent to Enforce Forfeiture Provisions of Contact for Deed Arkansas Form

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NOTICE OF INTENT TO ENFORCE FORFEITURE PROVISIONS OF CONTRACT FOR DEED TO: _       __ _       __ _       __ THIS NOTICE CONCERNS THE CONTRACT FOR DEED ENTERED into by and between _       __ (SELLER) and _       __ (PURCHASER), concerning the property located at the following address: _       __ . This notice is to inform you that you have failed to meet the terms and conditions of the Contract for Deed and you are in default based upon the following reason(s): _       __ You have been provided with Notice of Default and have failed to cure the default referenced above. Therefore, the Seller has elected to begin forfeiture and termination of the Contract for Deed. You may stop the forfeiture by curing the default. To cure the default, you must do the following by the _       __ day of _       __ , 20_       __ : _       __ IF YOU DO NOT DO THE ABOVE THINGS BY THE _       __ DAY OF _       __ , 20 _       __ , YOUR INTEREST IN THE PROPERTY SHALL BE FORFEITED AND THE CONTRACT WILL BE TERMINATED. IF THE DEFAULT IS NOT CURED, YOU ARE REQUESTED TO VACATE THE PROPERTY BY THE DATE ABOVE. AT THE END OF THE PERIOD ABOVE, YOU WILL LOSE ALL THE MONEY YOU HAVE PAID ON THE CONTRACT; YOU WILL LOSE YOUR RIGHT TO POSSESSION OF THE PROPERTY; YOU MAY LOSE YOUR RIGHT TO ASSERT ANY CLAIMS OR DEFENSES THAT YOU MIGHT HAVE; AND YOU WILL BE EVICTED FROM THE PROPERTY IF YOU DO NOT VACATE IT VOLUNTARILY. IF YOU HAVE ANY QUESTIONS ABOUT THIS NOTICE, CONTACT AN ATTORNEY IMMEDIATELY. _       __ ___________________________ (DATE) (SIGNATURE OF SELLER) _       __ (PRINTED NAME)

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