907 Lalley Road, Iron River, MI 49935
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Start With a Free Equity AnalysisMore Active Sheriff Sale Redemptions in Iron County
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Public Foreclosure 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 IRON County, starting promptly at 10:00 AM, on October 16, 2026. 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 INFORMATION: Default has been made in the conditions of a certain mortgage made by Tomi Peterson and Marilynn J. Peterson, husband and wife, whose address is 907 Lalley Road, Iron River, Michigan 49935, as original Mortgagors, to Wells Fargo Bank, N.A., being a mortgage dated November 8, 2018, and recorded on November 14, 2018 in Liber 726 Page 557, Iron County Records, State of Michigan and then assigned to Newrez LLC d/b/a Shellpoint Mortgage Servicing, as assignee as documented by an assignment dated June 17, 2026 and recorded on June 17, 2026 in Liber 891 Page 526, Iron County Records, Michigan, on which mortgage there is claimed to be due at the date hereof the sum of FORTY-TWO THOUSAND FOUR HUNDRED THIRTY-SEVEN AND 02/100 DOLLARS ($42,437.02). Said premises are situated in the City of Iron River, County of Iron, State of Michigan, and are described as: ALL THAT PART OF THE SW 1/4 OF THE NE 1/4 OF SECTION 25, T43N, R35W, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE INTERSECTION OF THE WEST BOUNDARY LINE OF SAID SW 1/4 OF THE NE 1/4 WITH THE SOUTH RIGHT OF WAY LIMIT OF THE HIGHWAY KNOWN AS THE ICE LAKE ROAD (FORMERLY US-2); THENCE NORTHEASTERLY ALONG SAID SOUTH RIGHT OF WAY LIMIT A DISTANCE OF 460 FEET TO THE POINT OF BEGINNING; THENCE SOUTH A DISTANCE OF 417.4 FEET; THENCE SOUTHWESTERLY, PARALLEL TO SAID SOUTH RIGHT OF WAY LIMIT A DISTANCE OF 225.5 FEET; THENCE NORTH A DISTANCE OF 417.4 FEET; THENCE NORTHEASTERLY ALONG SAID SOUTH RIGHT OF WAY LIMIT TO THE POINT OF BEGINNING. EXCEPTING THEREFROM ANY PART WHICH MAY LIE IN THE PARCEL DESCRIBED IN LIBER 78 OF DEEDS, PAGE 453. Street Address: 907 Lalley Road, Iron River, Michigan 49935 The redemption period shall be 6 months from the date of such sale, unless the property is determined abandoned in accordance with MCLA § 600.3241a in which case the redemption period shall be 30 days from the date of the sale. If the property is sold at a foreclosure sale under Chapter 32 of the Revised Judicature Act of 1961, pursuant to MCLA § 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. THIS FIRM IS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT AND ANY INFORMATION WE OBTAIN WILL BE USED FOR THAT PURPOSE. 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. Dated: September 16, 2026 For more information, please contact the attorney for the party foreclosing: Robert A. Blumberg (P87490) Johnson, Blumberg & Associates LLC 30 North LaSalle St., Suite 3650 Chicago, Illinois, 60602 312.541.9710 – Phone 312.541.9711 – Fax File No.: MI 26 7450 (09-16)(10-07)
