20380 Harper Avenue, Harper Woods, MI 48225

Public Foreclosure Notice

Redemption estimate notice: Statutory redemption periods for court-ordered or judicial sales are determined by judicial decree and public record verification under Michigan law (MCL 600.3140 et seq.). Dates displayed are estimates for informational purposes.
NoticeId 1606660
FullNoticeText NOTICE OF FORECLOSURE BY ADVERTISEMENT 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 be foreclosed by a sale of the mortgaged premises, or some part of them, at public auction sale to the highest bidder for cash or cashier's check at that place where Circuit Court is held in Wayne County, Michigan, starting promptly at 11:00 a.m., on October 29, 2026. The amount due on the mortgage may be greater on the day of the sale. Placing the highest bid at 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 has been made in the conditions of a certain Commercial Mortgage (“Mortgage”) to secure an indebtedness in the original amount of $135,250.00, from 20380 Harper Ave Development LLC, a Michigan limited liability company, the Mortgagor, to Velocity Commercial Capital, LLC, the Original Mortgagee, dated September 4, 2024, recorded on September 30, 2024, at Instrument No. 2024259159, Liber 59108, Page 377 of the Records of the Wayne County Register of Deeds, as assigned to U.S. Bank Trust Company, National Association, as Trustee for Velocity Commercial Capital Loan Trust 2024-6, the Current Mortgagee, by virtue of an assignment recorded at Instrument No. 2025020940, Liber 59311, Page 279 of the Records of the Wayne County Register of Deeds, on which Mortgage there is claimed to be due the principal amount of $159,789.25 as of September 30, 2026, plus regular interest accruing on the principal at the rate of 11.74% per annum, plus default interest on the principal at the rate of 4.0% per annum, plus loan fees that continue to accrue thereafter, plus late charges, corporate advances, and escrow advances that continue to accrue thereafter, plus any applicable contractual prepayment penalty, plus legal fees and costs. No suit or proceeding at law has been instituted to recover the debt secured by said Mortgage or any part thereof. Said premises are commonly known as 20380 Harper Avenue, Harper Woods, MI 48225, situated in Wayne County, Michigan, and are described as follows: PARCEL 1: Land situated in the City of Harper Woods, County of Wayne, State of Michigan, more particularly described as: Lots 125, 126 and 127, also the South 9 feet of Lot 128, of "MACK AVE. GOLF CLUB SUBDIVISION", according to the plat thereof recorded In Uber 53, Page(s) 36 of Plats, Wayne County Records. PARCEL 2: Land situated in the City of Harper Woods, County of Wayne, State of Michigan, more particularly described as: Lots 130 and the Westerly 19 feet of Lot 131, of "MACK AVE. GOLF CLUB SUBDIVISION", according to the plat thereof recorded in Liber 53, Page(s) 36 of Plats, Wayne County Records. Tax Parcel No: 42-011-03-0125-000 Parcel 1, 42-011-03-0130-000 Parcel 2 Notice is further given that the length of the redemption shall be six months from the date of sale. 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. If the mortgaged premises is sold at a foreclosure sale under MCL Chapter 600, under section 3278, the Mortgagor will be held responsible to the person who buys the mortgaged premises at the mortgage foreclosure sale for damaging the mortgaged premises during the redemption period. This Instrument Prepared By: Zachary D. Prendergast, Esq. Robbins Kelly Patterson & Tucker 312 Elm Street, Suite 2200 Cincinnati, Ohio 45202 Phone: (513) 721-3330 Fax: (513) 721-5001 E-Mail: zprendergast@rkpt.com (9-17)(10-8)