Foreclosure - Slominski - 11/30/22

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 MORTGAGE FORECLOSURE SALE 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 a.m. on January 13, 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 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 terms and conditions of a Mortgage made by Ann M. Slominski and Kent A. Ludwig, as joint tenants with rights of survivorship, as Mortgagors, to Frankenmuth Credit Union, as Mortgagee, dated May 7, 2018, recorded May 24, 2018 as Instrument No. 201807476 of Bay County, Michigan records (the “Mortgage”). The amount claimed to be due and owing on the Mortgage is Sixty Eight Thousand Seven Hundred Thirty Eight and 50/100 Dollars ($68,738.50) on the date of this Notice. The Mortgage contains a power of sale and no suit or proceeding at law or in equity has been instituted to recover the debt secured by the Mortgage, or any part of the Mortgage. Under the power of sale contained in said Mortgage, and the statute in such case made and provided, take notice that on January 13, 2023 at 11:00 a.m., local time, or any adjourned date thereafter, the Mortgage will be foreclosed by sale of the mortgaged premises, or some part of them, at public auction, to the highest bidder, at the place of holding the Circuit Court within Bay County, Michigan. The Mortgagee will apply the sale proceeds to the debt secured by the Mortgage as stated above, plus interest accruing on the amount due at a rate of 5.50% per annum, costs and expenses of the Mortgagee as provided for in the Mortgage, and any amounts subsequently paid by the Mortgagee to protect its interest in the property. The property to be sold at foreclosure is all of the real estate and improvements located in the City of Bay, County of Bay and State of Michigan, more particularly described as follows: Lot 10, Block 20 of H.M. BRADLEY’S ADDITION to Bay City, Michigan, according to the Plat thereof, as recorded in Liber 2, Page(s) 10, Bay County records. Tax Parcel No: 160-028-487-013-00 Commonly known as: 1801 Kosciuszko Avenue, Bay City, Michigan 48708 a/k/a 1801 22nd Street, Bay City, MI 48708 The redemption period shall be six (6) months from the date of sale, unless determined to be abandoned in accordance with MCL 600.3241a, in which case the redemption period shall be 30 days from the date of such sale. Pursuant to MCL 600.3278, the Mortgagors will be held responsible to the person who buys the property at the foreclosure sale or to the mortgage holder for damaging the property during the redemption period. Attention Purchasers: This sale may be rescinded by the foreclosing mortgagee for any reason. In that event, your damages, if any, shall be limited solely to the return of the bid amount tendered at sale, plus interest, and the purchaser shall have no further recourse against the Mortgagors, the Mortgagee, or the Mortgagee’s attorneys. Dated: November 18, 2022 STANCATO TRAGGE WELLS, PLLC Frankenmuth Credit Union, Mortgagee Attorneys for Mortgagee By: John P. Tragge 2 Towne Square, Suite 825 Southfield, Michigan 48076, 248-731-4500. (11-30)(12-28) 48-5
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