Foreclosure - Peterson Jr - 7/13/22

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, on August 12, 2022. 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. MORTGAGE: Mortgagor(s): Thomas C. Peterson. Jr. and Amy J. Peterson, husband and wife Original Mortgagee: Chemical Bank Date of mortgage: June 17, 2008 Recorded on June 24, 2008, Liber 2617, on Page 711, Foreclosing Assignee (if any): U.S. Bank Trust National Association, as Trustee of CVI LCF Mortgage Loan Trust I Amount claimed to be due at the date hereof: Eighty-Seven Thousand Five Hundred Twenty-Five and 80/100 Dollars ($87,525.80) Mortgaged premises: Situated in Bay County, and described as: A parcel of land situated in the Northeast 1/4 of the Southwest 1/4 of Section 2, Town 16 North, Range 4 East, Fraser Township, Bay County, Michigan described as: Commencing at the West 1/4 corner of Section 2; thence South 89 degrees 58 minutes 26 seconds East, 1606.52 feet along the East-West 1/4 line to the point of beginning; thence continuing South 89 degrees 58 minutes 26 seconds East, 226.18 feet along the East-West 1/4 line; thence South 00 degrees 56 minutes 41 seconds West, 497.23 feet; thence North 89 degrees 58 minutes 26 seconds West, 225.72 feet; thence North 00 degrees 53 minutes 32 seconds East, 497.23 feet to the point of beginning. Subject to the right-of-way for Almeda Beach Road over the North 33 feet thereof. Commonly known as 2160 E Almeda Beach Rd, Pinconning, MI 48650 The redemption period will be 6 months from the date of such sale, unless abandoned under MCL 600.3241a, in which case the redemption period will be 30 days from the date of such sale, or 15 days from the MCL 600.3241a(b) notice, whichever is later; or unless extinguished pursuant to MCL 600.3238. If the above referenced property is sold at a foreclosure sale under Chapter 32 of Act 236 of 1961, under MCL 600.3278, the borrower 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. 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. U.S. Bank Trust National Association, as Trustee of CVI LCF Mortgage Loan Trust I Mortgagee/Assignee Schneiderman & Sherman P.C. 23938 Research Dr, Suite 300 Farmington Hills, MI 48335 248-539-7400. 1469538. (07-13)(08-03) 28-4
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