123 Waterstradt Commerce Drive, Dundee, MI 48131
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Public Foreclosure Notice
NOTICE OF FORECLOSURE SALE Default having been made in the terms and conditions of a certain mortgage made by ZAMZAM DUNDEE LLC, a Michigan limited liability company (“Mortgagor”), 7560 River Road, Flushing, Michigan 48433, to BANK HAPOALIM B.M., 1120 Avenue of the Americas, New York, NY 10036, dated May 19, 2025, and recorded in the office of the Register of Deeds, for the County of Monroe, and State of Michigan, on October 9, 2025, as Instrument No. 2025R16711 (the “Mortgage”), on which there is claimed to be due, at the date of this notice, the amount of $51,792,614.82. 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 Monroe County Courthouse (place of holding the circuit court) in Monroe County, starting promptly at 10:00 a.m. on Thursday, August 13, 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. The premises are described as follows (collectively, the “Premises”): Land in the Village of Dundee, Monroe County, State of Michigan, described as follows (the “Real Estate”): Situated in the Village of Dundee, Monroe County, Michigan, being all that part of Section 14, Town 6 South, Range 6 East, further described as: Commencing at the East one-quarter corner of said Section 14; thence South 00° 49' 03" West on the east line of Section 14, a distance of 562.78 feet, to the centerline of Highway M-50; thence North 76° 46' 35" West, on said centerline, a distance of 350.48 feet, to a point; thence South 19° 50' 11"East, 442.36 feet; thence South 88° 13' 23" West, a distance of 332.15 feet; thence South 01° 46' 37" East, a distance of 648.29 feet, to the Point of Beginning of the parcel herein described; thence North 88° 13' 23" East, a distance of 475.82 feet, to a point in the westerly right-of-way line of Highway US-23; thence southeasterly with said right-of-way line and on an arc of a 1° 27' 42" curve to the left, with a central angle of 03° 27' 18", a Radius of 3919.83', a chord bearing (South 10° 53' 33" East 236.33), a distance of 236.37 feet to a point on the east line of Section 14; thence South 00° 49' 03" East on said section line, a distance of 192.77 feet, to a point; thence South 88° 13' 23" West a distance of 150.00 feet to a point; thence South 00° 49' 03" East, a distance of 120.00 feet, to a point; thence South 88° 13' 23" West, a distance of 358.03 feet, to a point; thence North 01° 46' 37" West 546.07 feet to the Point of Beginning. Commonly known as: 123 Waterstradt Commerce Drive, Dundee, Michigan 48131. TOGETHER WITH all improvements of every nature whatsoever situated on or affixed to the Real Estate, and all fixtures and personal property of every nature whatsoever owned by Mortgagee and on, or used in connection with the Real Estate or the improvements thereon, or in connection with any construction thereon, including all extensions, additions, improvements, betterments, renewals, substitutions and replacements to any of the forgoing and all of the right title and interest of Mortgagee in and to any such personal property or fixtures together with the benefit of any deposits or payments made on such personal property or fixtures by Mortgagee or on its behalf (collectively, “Improvements”); TOGETHER WITH all easements, rights of way, gores of real estate, streets, ways, alleys, passages, sewer rights, waters, water courses, water rights and powers, and all estates, rights, titles, interests, privileges, liberties, tenements, hereditaments and appurtenances whatsoever in any way belonging, relating or appertaining the Real Estate and the reversions, remainders, rents, issues and profits thereof, and all the estate, right, title, interest, property, possession, claim and demand whatsoever, at law as well as in equity, of Mortgagee of, in and to the same; TOGETHER WITH all rents, revenues, issues, profits, proceeds, income, royalties, “accounts,” including “health-care-insurance receivables,” escrows, letter-of-credit rights (each as defined in the Code hereinafter defined), security deposits, impounds, reserves, tax refunds and other rights to monies from the Premises and/or the businesses and operations conducted by Mortgagee thereon (collectively “Rents”), to be applied against the Indebtedness (as defined in the Mortgage); TOGETHER WITH all interest of Mortgagee in all leases, subleases, licenses, tenancies and other use agreements on all or any portion of the Premises whether written or oral and as further defined in Section 9 of the Mortgage (“Leases”), together with all security therefor and all monies payable thereunder; TOGETHER WITH all fixtures and articles of personal property owned by Mortgagee and forming a part of or used in connection with the Real Estate or the Improvements, including, but without limitation, any and all air conditioners, antennae, appliances, apparatus, awnings, basins, bathtubs, bidets, boilers, bookcases, cabinets, carpets, coolers, curtains dehumidifiers, disposals, doors, drapes, dryers, ducts, dynamos, elevators, engines, equipment, escalators, exercise equipment, fans, fittings, floor coverings, furnaces, furnishings, furniture, hardware, heaters, humidifiers, incinerators, lighting, machinery, motors, ovens, pipes, plumbing, pumps, radiators, ranges, recreational facilities, refrigerators, screens, security systems, shades, shelving, sinks, sprinklers, stokers, stoves, toilets, ventilators, wall coverings, washers, windows, window coverings, wiring, and all renewals or replacements thereof or articles in substitution therefor, whether or not the same are or shall be attached to the Real Estate or the Improvements in any manner; and TOGETHER WITH all of Mortgagee’s interests in “general intangibles” including “payment intangibles” and “software” (each as defined in the Code) related to the Premises, including, without limitation, all of Mortgagee’s right, title and interest in and to: (i) all agreements, licenses, permits and contracts to which Mortgagee is or may become a party and which relate to the Premises; (ii) all obligations and indebtedness owed to Mortgagee thereunder; (iii) all intellectual property related to the Premises; and (iv) all choses in action and causes of action relating to the Premises; TOGETHER WITH all of Mortgagee’s accounts as relate to the Premises, including, without limitation, all of the following: (i) accounts, contract rights, health-care-insurance receivables, book debts, note, drafts, and other obligations or indebtedness owing to the Mortgagee arising from the sale, lease or exchange of goods or other premises and/or the performance of services; (ii) the Mortgagee’s rights in, to and under all purchase orders for goods, services or other premises; (iii) the Mortgagee’s rights to any goods, services or other premises represented by any of the foregoing; (iv) monies due and to become due to the Mortgagee under all contracts for the sale, lease or exchange of goods or other premises and/or the performance of services including the right to payment of any interest or finance charges in respect thereto (whether or not yet earned by performance on the part of the Mortgagee); (v) “securities,” “investment property,” “financial assets,” and “securities entitlements” (each as defined in the Code), and (vi) proceeds of any of the foregoing and all collateral security and guaranties of any kind given by any person or entity with respect to any of the foregoing; and all warranties, guarantees, permits and licenses in favor of Mortgagee with respect to the Premises; TOGETHER WITH all proceeds of the foregoing, including, without limitation, all judgments, awards of damages and settlements made resulting from condemnation proceeds or the taking of the Premises or any portion thereof under the power of eminent domain, any proceeds of any policies of insurance, maintained with respect to the Premises or proceeds of any sale, option or contract to sell the Premises or any portion thereof. To the extent any of the foregoing Premises constitutes personal property or fixtures, such personal property and fixtures shall be sold together with the real estate in one foreclosure sale described above in accordance with MCL 440.9604(1)(b) and 440.9604(2)(b) respectively. Attention Property Owner: 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. If the property described in this Notice is sold at the foreclosure sale referred to above, the mortgagor 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 as provided by MCL 600.3278 or otherwise by law. The redemption period shall be six (6) months from the date of the sale unless the property is determined to be abandoned in accordance with MCL 600.3241a. BODMAN PLC Dated: July 14, 2026 By: Matthew R. Smith (P79278) Attorney for Bank Hapoalim B.M. 99 Monroe Avenue, Suite 300 Grand Rapids, Michigan 49503-2639 (616) 205-1874 msmith@bodmanlaw.com (07-14)(08-11)
