211 Market Pl, Albion, MI 49224
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Public Foreclosure Notice
NOTICE OF FORECLOSURE BY ADVERTISEMENT PLEASE TAKE NOTICE that a default has been made in the conditions of a certain Mortgage granted by The Leisure Hour Club, a Michigan Non-Profit Corporation, as Mortgagor, to Homestead Savings Bank, as Mortgagee, dated June 16, 2022, recorded June 22, 2022 at Liber 4670, Page 0349 in the Office of the Register of Deeds for Calhoun County, Michigan (the “Mortgage”) and the Mortgage is being foreclosed upon by Mortgagee. The premises subject to this foreclosure is located in the City of Albion, County of Calhoun, State of Michigan, and described as: That part of Lot 14, Assessor's Re-Plat of Mill reserve and Block 48 of Original Plat, City of Albion, Calhoun County, Michigan, as recorded in Liber 9A on Page 36, Calhoun County, Michigan, and described as follows: Commencing at the Southeast corner of said Lot 14, thence West along said Lots South line 111.73 feet; thence North O degrees 09' West 117.3 feet; thence North 68 degrees 17' East to the center of the Kalamazoo River; thence Southeasterly along the center of said river to a point 207.65 feet North from the South line of Porter Street; thence West along the extended South line of said Lot 14 to the place of beginning. Together with an easement for access described as: Part of Lot 15 of Assessor's Replat of Mill Reserve of Block 48 of the Original Plat, City of Albion, Calhoun County, Michigan, described as: Beginning at the Northeast corner of Lot 35 of the Assessor's Replat of Mill Reserve and Block 28 of the Original Plat, City of Albion, as recorded in Liber 9A of Plats, on Page 36, in the Office of the Register of Deeds for Calhoun County, Michigan; thence North 89 degrees 51' East parallel with the North line of said Lot 15, 147.6 feet; thence North 48.7 feet to the North line of said Lot at a point 91.73 feet West of the Southeast corner of Lot 14 of said Plat; thence South 89 degrees 51' West along said Line 20.00 feet; thence South 31.7 feet; thence South 89 degrees 51' West 130.2 feet to the Southeast corner of Lot 36 of said Plat; thence South 17 degrees 11' East 17.2 feet to the place of beginning. Intending to describe a right of way from the East end of the existing public alley Easterly and North to the dominant parcel. which has the address of 211 Market Pl, Albion, MI 49224 Tax Parcel No. 51-002-114-01 No suit or proceeding at law or in equity has been instituted against the Mortgagor to recover the debt, or any part of the debt, secured by the Mortgage, and the power of sale in the Mortgage has become operative by reason of default. There is claimed to be indebtedness, as defined by the Mortgage, due and unpaid in the amount of Forty-Five Thousand Seven Hundred Eight and 59/100 Dollars ($45,708.59) including principal and interest, and other costs secured by the Mortgage, and currently bearing interest at a rate of 6.25%. NOTICE IS HEREBY GIVEN that on Thursday, August 27, 2026 at 9:00 a.m. at the Calhoun County Courthouse, 161 E. Michigan Ave., Battle Creek, MI 49014, that being the place of holding of the Circuit Court for the County of Calhoun, the premises will be offered for sale and sold to the highest bidder, at public sale, for the purposes of satisfying the amount of the indebtedness then due on the Mortgage, together with interest, costs, attorney fees, taxes, insurance, and any other advances and expenses due under the Mortgage or permitted under Michigan law. The amount due on the mortgage may potentially be greater on the date of the sale than the indebtedness listed in this Notice. Placing the highest bid 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 period within which the premises may be redeemed shall expire six (6) months from the date of sale, unless determined to be abandoned in accordance with MCL 600.3241a, in which case the redemption period shall be thirty (30) days from the date of sale. Pursuant to MCL 600.3278, the Mortgagors and any other person liable on the Mortgage will be held responsible to the Mortgagee or the person who buys the property at the mortgage foreclosure sale or to the mortgage holder for damages sustained by the property during the redemption period. Staci L. Salisbury (P79632) Staci L. Salisbury, PLC 9848 Portage Road Portage MI 49002 (269) 256-5960 (07-22)(08-12)
