1923 Gladstone Street, Detroit, MI 48206

Public Foreclosure Notice

MOORE PENNA & ASSOCIATES PLLC Attorneys at Law 38600 Van Dyke, Ste 300 Sterling Heights, MI 48312 Notice of Mortgage Foreclosure Sale MOORE PENNA & ASSOCIATES PLLC IS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION WE OBTAIN WILL BE USED FOR THAT PURPOSE. Please contact our office at (586) 883-6585 if you are on active military duty. MORTGAGE SALE – Default has been made in the conditions of a certain mortgage made by MR. DRAIN L.L.C., a Michigan limited liability company, (“Mortgagor”) to Velocity Commercial Capital LLC, a California limited liability company (“Mortgagee”), dated October 15, 2024 and recorded October 24, 2024 in Instrument Number 2024277896 Liber 59155, Page 826 MTG, Wayne County Register of Deeds, on which mortgage there is claimed to be due at the date hereof the sum of One Hundred Forty Two Thousand Eight Hundred Seventy One and 62/10 Dollars, ($142,871.62) including principal, late charges, costs and interest at 11.49 percentage plus 4 percentage points per annum. Under the power of sale contained in said mortgage and the statute in such case made and provided, NOTICE is hereby given that said mortgage will be foreclosed by a sale of the mortgaged premises, or some part of them, to the highest bidder at public sale on Thursday ,March 19, 2026 at 11:00 o'clock a.m., local time. The amount due on the mortgage will be greater on the day of the sale. The Premises as originally described in the mortgage are situated in City of Detroit, Wayne County, Michigan, and are more particularly described as follows: Lot 8 and ½ of the adjacent vacated alley at the rear thereof, The Joy Farm Subdivision, according to the plat thereof as recorded in Liber 32, Page 39, of Plats, Wayne County Records. Tax I.D. Numbers: 08002419 Commonly known as: 1923 Gladstone Street, Detroit, MI 48206 The redemption period shall be 6 months from the date of such sale. The Mortgagor will be liable to the sheriff's sale purchaser or foreclosing entity for any damage to the Premises during the redemption period. ATTENTION PURCHASERS: This sale may be rescinded by the foreclosing Mortgagee, Assignee of Mortgagee or Mortgage Servicer. In that event, your damages, if any, shall be limited solely to the return of the bid amount tendered at sale, plus interest at the rate specified in this notice. Dated: February 11, 2026 Velocity Commercial Capital LLC to U.S. Bank Trust Company, National Association, as Trustee for Velocity Commercial Capital Loan Trust 2025-1, Assignee of Mortgagee By: MOORE PENNA & Associates PLLC Anthony J. Penna Attorneys for Assignee of Mortgagee 38600 Van Dyke, Ste 300 Sterling Heights, MI 48312 (586) 883-6585 (2-16)(3-9)