Foreclosure - Lapan II - 9/6/23

FORECLOSURE NOTICE Attention homeowner: If you are a military service member on active duty, if your period of active duty has concluded less than 90 days ago, or if you have been ordered to active duty, please contact the attorney for the party foreclosing the mortgage at the telephone number stated in this notice. Notice of foreclosure by advertisement. Notice is given under section 3212 of the revised judicature act of 1961, 1961 PA 236, MCL 600.3212, that the following mortgage will be foreclosed by a sale of the mortgaged premises, or some part of them, at a public auction sale to the highest bidder for cash or cashier’s check at the place of holding the circuit court in Bay County, starting promptly at 11:00 AM, October 6, 2023. The amount due on the mortgage may be greater on the day of the sale. Placing the highest bid at the sale does not automatically entitle the purchaser to free and clear ownership of the property. A potential purchaser is encouraged to contact the county register of deeds office or a title insurance company, either of which may charge a fee for this information. Default has been made in the conditions of a certain mortgage made by Ronald W Lapan II, A Single Man to Mortgage Electronic Registration Systems, Inc. acting solely as a nominee for Tranex Financial, Inc., Mortgagee, dated May 25, 2004, and recorded on June 14, 2004, in Liber 2221, Page 473, Bay County Records, said mortgage was assigned to Specialized Loan Servicing LLC by an Assignment of Mortgage dated March 27, 2020 and recorded April 06, 2020 by Document Number: 202005071, on which mortgage there is claimed to be due at the date hereof the sum of Sixty-Nine Thousand Seven Hundred Twenty and 54/100 ($69,720.54) including interest at the rate of 6.25000% per annum. Said premises are situated in the Township of Monitor, Bay County, Michigan, and are described as: The North 160 feet of the East 240 feet of the following described premises: A piece of land in the Southeast 1/4 of Section 31, Town 14 North, Range 4 East, to wit: Commencing on the East line of section 31, at a point 85 rods North of the Southeast corner of said section; running thence West 16 rods; thence South 5 rods; thence West 16 rods; thence North 20 rods; thence East 32 rods; thence South 15 rods to the place of beginning. Commonly known as: 5852 S 7 MILE RD, BAY CITY, MI 48706 If the property is eventually sold at foreclosure sale, the redemption period will be 6.00 months from the date of sale unless the property is abandoned or used for agricultural purposes. If the property is determined abandoned in accordance with MCL 600.3241 and/or 600.3241a, the redemption period will be 30 days from the date of sale, or 15 days after statutory notice, whichever is later. If the property is presumed to be used for agricultural purposes prior to the date of the foreclosure sale pursuant to MCL 600.3240, the redemption period is 1 year. Pursuant to MCL 600.3278, if the property is sold at a foreclosure sale, the borrower(s) will be held responsible to the person who buys the property at the mortgage foreclosure sale or to the mortgage holder for damaging the property during the redemption period. TO ALL PURCHASERS: The foreclosing mortgagee can rescind the sale. In that event, your damages are, if any, limited solely to the return of the bid amount tendered at sale, plus interest. Dated: September 6, 2023 Randall S. Miller & Associates, P.C. Attorneys for Specialized Loan Servicing LLC 43252 Woodward Avenue, Suite 180, Bloomfield Hills, MI 48302, 248-335-9200, Hours: 9:00 a.m. - 5:00 p.m., Case No. 23MI00622-1. (09-06)(09-27) 36-4
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