20 S. Telegraph Road, Waterford, MI 48328

Public Foreclosure Notice

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 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 Oakland County, Michigan, starting promptly at 10:00 a.m. on September 1, 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. Default having been made in the conditions of a certain mortgage (“Mortgage”) made Waterford 20 LLC, a Delaware limited liability company (“Mortgagor”), to The Bancorp Bank, a Delaware chartered bank (“Mortgagee”), dated May 15, 2015, recorded on June 1, 2015, in Liber 48233, page 418, Oakland County Records, Michigan. Said Mortgage was duly assigned to Wells Fargo Bank, National Association, as Trustee, on behalf of the registered holders of CSAIL 2015-C3 Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2015-C3 (“Interim Mortgagee”), pursuant to a certain Assignment of Mortgage dated effective as of August 18, 2015, recorded on October 1, 2015, in Liber 48657, page 405, Oakland County Records, and then further assigned to RSS CSAIL2015-C3 – MI W2, LLC, pursuant to that certain Assignment of Mortgage dated effective as of June 25, 2026 and recorded on July 21, 2026, in Liber 61390, Page 229, Oakland County Records, on which Mortgage there is claimed to be due the sum of $6,810,652.59, and no suit or proceedings at law or in equity having been instituted to recover the debt secured by said Mortgage or any part thereof. Now, therefore, by virtue of the power of sale contained in said Mortgage and pursuant to the statute of the State of Michigan in such case made and provided, notice is hereby given that on Tuesday, September 1, 2026, at 10:00 a.m. Local Time, at the first floor main entrance to the Oakland County Courthouse in the City of Pontiac, Oakland County, Michigan, said Mortgage will be foreclosed by a sale at public auction, to the highest bidder, of the premises described in said Mortgage, or so much thereof as may be necessary to pay the amount due, as aforesaid, on said Mortgage, and all interest, legal costs, charges and expenses, including the attorney fees allowed by law, and also any sum or sums which may be paid by the undersigned, necessary to protect its interest in the premises, which premises has the following legal description (collectively, the “Land”): PARCEL 1: Situated in the Township of Waterford, County of Oakland and State of Michigan: Lots 1 through 6 inclusive & part of Lot 7, except that portion taken for road purposes, Huronia Subdivision, as recorded in Liber 43, Page 30, of Plats, Oakland County Records, and Lots 528, 529, & 530 Huron Gardens Subdivision, as recorded in Liber 21, Page 9, of Plats, Oakland County Records and more particularly described as: Beginning at a point being North 00 deg. 12' 00” East 593.00 feet and North 88 deg. 45' 00” West 50.00 feet from the Southeast corner of Section 25 Town 3 North, Range 9 East, said point also being on the intersection of the North line of Myrtle Avenue (50.00 feet wide) and the West line of Telegraph Road (100.00 feet wide) and North 88 deg. 45' 00” West 20.00 feet from the Southeast corner of said Lot 530 as originally platted, said Huron Gardens Subdivision; and proceeding, Thence along the North line of Myrtle Avenue and the South line of said Lots 530, 528, & 529, North 88 deg. 45' 00” West 270.00 feet to the Southwest corner of said Lot 528; Thence North 00 deg. 11' 21” East along the West line of said Lot 528 & part of said Lot 7, 72.00 feet; Thence South 89 deg. 48' 39” East 20.00 feet; Thence North 00 deg. 11' 21” East 113.58 feet to a point of curvature; Thence along a concave curve to the left, radius 14.00 feet, central angle, 89 deg. 12' 50”, chord bearing & length, North 44 deg. 25' 04” West 19.66 feet, along the arc to a point of tangency; Thence North 89 deg. 01' 29” West 6.19 feet; Thence North 00 deg. 11' 21” East 54.99 feet to a point on the South line of West Huron Street (100.00 feet wide) also being the North line of said Lots 1, 5, 6, & 7; Thence along said lines South 89 deg. 42' 20” East 138.40 feet; Thence South 00 deg. 11' 33” West 9.00 feet; Thence South 89 deg. 42' 20” East 91.10 feet; Thence South 45 deg. 06' 53” East 56.97 feet to a point on the West line of Telegraph Road (100.00 feet wide); Thence South 00 deg. 12' 00” West 210.17 feet to the point of beginning. PARCEL 2: Situated in the Township of Waterford, County of Oakland and State of Michigan: Cell Tower Lease Area, being part of Lot 7, Huronia Subdivision, as recorded in Liber 43, Page 30, of Plats, Oakland County Records, described as: Beginning at a point being North 00 deg. 12' 00” East 593.00 feet and North 88 deg. 45' 00” West 320.00 feet and North 00 deg. 11' 21” East 72.00 feet from the Southeast corner of Section 25; Town 3 North, Range 9 East, and proceeding, Thence North 00 deg. 11' 21” East 100.00 feet; Thence South 89 deg. 48' 39” East 20.00 feet; Thence South 00 deg. 11' 21” West 100.00 feet; Thence North 89 deg. 48' 39” West 20.00 feet to the point of beginning. Ground Lease Area, being part of Lot 7, Huronia Subdivision, as recorded in Liber 43, Page 30, of Plats, Oakland County Records, described as: Beginning at a point being North 00 deg. 12' 00” East 593.00 feet and North 88 deg. 45' 00” West 320.00 feet and North 00 deg. 11' 21” East 172 feet from the Southeast corner of Section 25, Town 3 North, Range 9 East, to the point of beginning and proceeding, Thence North 00 deg. 11' 21” East 27.67 feet; Thence South 89 deg. 01' 29” East 6.19 feet to a point of curvature; Thence along said convex curve radius 14 feet, central angle 89 deg. 12' 50”, chord bearing South 44 deg. 25' 04” East 19.66 feet, and 21.80 feet along the arc to a point of tangency; Thence South 00 deg. 11' 21” West 13.58 feet; Thence North 89 deg. 48' 39” West 20.00 feet to the point of beginning. PARCELS 1 AND 2 ARE ALSO DESCRIBED AS: Situated in the Township of Waterford, County of Oakland and State of Michigan: Lots 1 through 6, inclusive, and part of Lot 7, except that portion taken for road purposes, Huronia Subdivision, as recorded in Liber 43, Page 30, of Plats, Oakland County Records, and Lots 528, 529, and 530, Huron Gardens Subdivision, as recorded in Liber 21, Page 9, of Plats, Oakland County Records, and more particularly described as: Beginning at a point being North 00 deg. 12' 00” East 593.00 feet and North 88 deg. 45' 00” West 50.00 feet from the Southeast corner of Section 25, Town 3 North, Range 9 East, said point also being on the Intersection of the North line of Myrtle Avenue (50.00 feet wide) and the West line of Telegraph Road (100.00 feet wide) and North 88 deg. 45' West 20.00 feet from the Southeast corner of said Lot 530 as originally platted, said Huron Gardens Subdivision, and proceeding, Thence along the North line of Myrtle Avenue and the South line of said Lots 530, 528, and 529, North 88 deg. 45' 00” West 270.00 feet to the Southwest corner of said Lot 528; Thence North 00 deg. 11' 21” East along the West line of said Lot 528 and part of said Lot 7, 254.66 feet to a point on the South line of West Huron Street (100.00 feet wide), also being the North line of said Lots 1, 5, 6, and 7; Thence along said line South 89 deg. 42' 20” East 138.40 feet; Thence South 00 deg. 11' 33” West 9.00 feet; Thence South 89 deg. 42' 20” East 91.10 feet; Thence South 45 deg. 06' 53” East 56.97 feet to a point on the West line of Telegraph Road (100.00 feet wide); Thence South 00 deg. 12' 00” West 210.17 feet to the point of beginning. Parcel ID: W -13-25-477-033 Street Address: 20 S. Telegraph Road, Waterford, Michigan 48328 The Land will be sold with all other property (collectively with the Land, the “Property”) identified in the Mortgage and including, without limitation, (i) the buildings, structures, improvements now constructed or in the future constructed or placed upon the Land, including any future alterations, replacements and additions and to all of the following: (a) all easements, rights-of-way, strips and gores of land, streets, ways, alleys, passages, sewer rights, water, water courses, water rights and powers, air rights and development rights, rights to oil, gas, minerals, coal and other substances of any kind or character, and all estates, rights, titles, interests, privileges, liberties, tenements, hereditaments and appurtenances of any nature whatsoever, in any way belonging, relating or pertaining to the Premises and the Improvements; and the reversion and reversions, remainder and remainders, and all land lying in the bed of any street, road, highway, alley or avenue, opened, vacated or proposed, in front of or adjoining the Premises, to the center line thereof; and all the estates, rights, titles, interests, dower and rights of dower, curtesy and rights of curtesy, property, possession, claim and demand whatsoever, both at law and in equity, of Mortgagor of, in and to the Premises and the Improvements and every part and parcel thereof, with the appurtenances thereto; (b) all machinery, furniture, furnishings, equipment, computer software and hardware, fixtures (including all heating, air conditioning, plumbing, lighting, communications and elevator fixtures), inventory, materials, supplies and other articles of personal property and accessions thereof, renewals and replacements thereof and substitutions therefor, and other property of every kind and nature, tangible or intangible, owned by Mortgagor, or in which Mortgagor has or shall have an interest, now or hereafter located upon the Premises or the Improvements, or appurtenant thereto, and usable in connection with the present or future operation and occupancy of the Premises and the Improvements (hereinafter collectively referred to as the “Equipment”), including any leases of, deposits in connection with, and proceeds of any sale or transfer of any of the foregoing, and the right, title and interest of Mortgagor in and to any of the Equipment that may be subject to any “security interest” as defined in the Uniform Commercial Code, as in effect in the State where the Mortgaged Property is located (the “UCC”), superior in lien to the lien of this Mortgage, and excluding any property belonging to tenants under Leases (as defined below) except to the extent that Mortgagor shall have any right or interest therein; (c) all awards or payments, including interest thereon, that may heretofore or hereafter be made with respect to the Premises or the Improvements, whether from the exercise of the right of eminent domain or condemnation (including any transfer made in lieu of or in anticipation of the exercise of such right), or for a change of grade, or for any other injury to or decrease in the value of the Premises or Improvements; (d) all leases, subleases and other agreements or arrangements heretofore or hereafter entered into affecting the use, enjoyment or occupancy of, or the conduct of any activity upon or in, the Premises or the Improvements, including any extensions, renewals, modifications or amendments thereof (hereinafter collectively referred to as the “Leases”) and all rents, rent equivalents, moneys payable as damages (including payments by reason of the rejection of a Lease in a Bankruptcy Proceeding or in lieu of rent or rent equivalents), royalties (including all oil and gas or other mineral royalties and bonuses), income, fees, receivables, receipts, revenues, deposits (including security, utility and other deposits), accounts, cash, issues, profits, charges for services rendered, and other consideration of whatever form or nature received by or paid to or for the account of or benefit of Mortgagor or its agents or employees from any and all sources arising from or attributable to the Premises and the Improvements, including all receivables, customer obligations, installment payment obligations and other obligations now existing or hereafter arising or created out of the sale, lease, sublease, license, concession or other grant of the right of the use and occupancy of the Premises or the Improvements, or rendering of services by Mortgagor or any of its agents or employees, and proceeds, if any, from business interruption or other loss of income insurance (hereinafter collectively referred to as the “Rents”), together with all proceeds from the sale or other disposition of the Leases and the right to receive and apply the Rents to the payment of the Debt; (e) all proceeds of and any unearned premiums on any insurance policies covering the Mortgaged Property, including, without limitation, the right to receive and apply the proceeds of any insurance, judgments, or settlements made in lieu thereof, for damage to the Mortgaged Property; (f) the right, in the name and on behalf of Mortgagor, to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to commence any action or proceeding to protect the interest of Mortgagee in the Mortgaged Property; (g) all accounts (including reserve accounts), escrows, documents, instruments, chattel paper, claims, deposits and general intangibles, as the foregoing terms are defined in the UCC, and all franchises, trade names, trademarks, symbols, service marks, books, records, plans, specifications, designs, drawings, surveys, title insurance policies, permits, consents, licenses, management agreements, contract rights (including any contract with any architect or engineer or with any other provider of goods or services for or in connection with any construction, repair or other work upon the Mortgaged Property), approvals, actions, refunds of real estate taxes and assessments (and any other governmental impositions related to the Mortgaged Property) and causes of action that now or hereafter relate to, are derived from or are used in connection with the Mortgaged Property, or the use, operation, maintenance, occupancy or enjoyment thereof or the conduct of any business or activities thereon (hereinafter collectively referred to as the “Intangibles”); and (h) all proceeds, products, offspring, rents and profits from any of the foregoing, including those from sale, exchange, transfer, collection, loss, damage, disposition, substitution or replacement of any of the foregoing. The period within which the above premises may be redeemed shall expire six (6) months from the date of sale. If the Property is sold at foreclosure sale under Chapter 32 of the Revised Judicature Act of 1961, pursuant to MCL 600.3278, the Mortgagor will be held responsible to the person who buys the Property at the foreclosure sale or to the Current Mortgagee for damaging the Property during the redemption period. This notice is from a debt collector. Dated: July 1, 2026 By: Attorneys for Mortgagee Foster Swift Collins & Smith PC Benjamin Price 313 South Washington Square Lansing, MI 48933-2193 (517) 371-8253 -and- Polsinelli PC Amy E. Hatch, Esq. 900 West 48th Place, Suite 900 Kansas City, Missouri 64112 (816) 753-1000 (7-28)(8-18)