3111 N. US 23, Ausable Township, MI 48750
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Public Foreclosure Notice
STATE OF MICHIGAN 23RD JUDICIAL CIRCUIT COURT COUNTY OF IOSCO File No. 25-4546-CB Hon. Laura A. Fawley Shoreham Bank, f/k/a Home Loan Investment Bank FSB, a federal savings bank, PLAINTIFF, v. Kali, Inc., Pravinchandra K. Patel, Goyette Mechanical Company, Inc., Shreesager Corporation, and John Doe1, Unknown Tenant or Occupant, if any, DEFENDANT(S). NOTICE OF JUDICIAL MORTGAGE FORECLOSURE SALE BY ADVERTISEMENT This NOTICE is given pursuant the Court’s ORDER GRANTING MOTION FOR DEFAULT JUDGMENT, AWARDING MONEY DAMAGES AND JUDGMENT OF FORECLOSURE filed and entered on April 1, 2026, wherein the Court ordered that notice of the sale and conduct of such sale shall be in accordance with provisions MCL 600.3101, et seq., with the sale to be conducted by the Iosco County Sheriff’s Office. 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 Iosco County, Michigan, starting promptly at 10:00 AM, on August 19, 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 has been made in the conditions of a Mortgage made by Kali, Inc. to Home Loan Investment Bank, FSB, now known as Shoreham Bank, dated March 4, 2024 and recorded March 13, 2024 in the Official Records of the Iosco County Register of Deeds at Document No. 2024001013, Iosco County, Michigan. Said Mortgage continued to be held by Shoreham Bank, f/k/a Home Loan Investment Bank, FSB. There is claimed to be due at the date hereof the sum of $1,384,707.91. Said premises are located in Iosco County, Michigan and are described as: Situated in the Township of AuSable, County of Iosco, and State of Michigan: Parcel 1: Lots 1, 2, 3, 4, 5, 6 and 7, Block 3, Lake Huron Waters, as per plat thereof recorded in Liber 4 of Plas, Page 29 of Iosco County Records. Parcel 2: Part of Government Lot 3, Section 22, Township 23 North, Range 9 East, described as follows: Commencing at the West 1/4 corner of said Section 22; thence South 00°00'30" East, along the West line of said section, 1201.03 feet to the Point of Beginning; thence South 80°30'52" East 550.76 feet (measured as 551.54 feet) to a point on the West line of the recorded plat of Lake Huron Waters; thence South 13°45'28" West (recorded as South 14°09' West), along said West line, 1086.03 feet; thence South 89°30' West 285.09 feet (measured as 285.56 feet) to a point on the West line of said section; thence North 00°00'30" West along said line 1150.00 feet (measured as 1148.26 feet) to the Point of Beginning. Commonly known as: 3111 N. US 23, Oscoda, Michigan, 48750 Tax ID. Nos.: 021-L50-003-001-00 and 020-022-300-002-00 The redemption period shall be 6 months from the date of such sale, unless determined abandoned in accordance with MCL 600.3241a, in which case the redemption period shall be 30 days from the date of such sale, or upon the expiration of the notice required by MCL 600.3241a(c), whichever is later; or unless MCL 600.3240(16) applies. TO ALL PURCHASERS: The foreclosing mortgagee can rescind the sale. In that event, your damages, if any, are limited solely to the return of the bid amount tendered at sale, plus interest. Please be advised that any third-party purchaser is responsible for preparing and recording the Sheriffs Deed. If this is a residential Mortgage, the following shall apply: 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. Those terms and conditions with respect to the Subordinated Second Mortgage of Shreesager Corporation as found in the STIPULATION OF LIEN PRIORITY filed on January 26, 2026, and as found in the ORDER GRANTING MOTION FOR DEFAULT JUDGMENT, AWARDING MONEY DAMAGES AND JUDGMENT OF FORECLOSURE filed and entered on April 1, 2026, shall apply to the sale, including but not limited to the payment of any surplus to the Court. THIS COMMUNICATION IS FROM A DEBT COLLECTOR. THIS IS AN ATTEMPT TO COLLECT A DEBT, AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. IF YOU: ARE A DEBTOR IN AN ACTIVE BANKRUPTCY CASE; ARE UNDER THE PROTECTION OF A BANKRUPTCY STAY; OR, HAVE RECEIVED A DISCHARGE IN BANKRUPTCY AND YOU HAVE NOT REAFFIRMED THE DEBT, THIS NOTICE IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS AN ATTEMPT TO COLLECT A DEBT FROM YOU PERSONALLY. Dated: June 22, 2026. Scott Frank, Sheriff Attorney for Plaintiff, the Party Foreclosing the Mortgage: Marjan Neceski (P69166) Robison, Curphey & O’Connell, LLC 433 N. Summit Street Four SeaGate, Ninth Floor Toledo, OH 43604 (419) 249-7900 / (419) 249-7911 (fax) mneceski@rcolaw.com (07-01)(08-05)
