6102 Clay Avenue Southwest, Wyoming, MI 49548

Public Foreclosure 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 Kent County, starting promptly at 10:00 a.m., on Wednesday, September 2, 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. MORTGAGE SALE—Default has been made in the conditions of a mortgage made by LEESTMA MANAGEMENT LLC, a Florida limited liability company (“Mortgagor”), to STANDARD INSURANCE COMPANY, an Oregon corporation (“Original Mortgagee”), dated January 12, 2024, and recorded on January 25, 2024, as Document No. 202401250004269, Kent County Records (“Mortgage”); undivided interests in the Mortgage having been assigned by Original Mortgagee to BANNER LIFE INSURANCE COMPANY, a Maryland insurance company (14.65%), THE LINCOLN NATIONAL LIFE INSURANCE COMPANY, an Indiana corporation (12.7%) and PL MORTGAGE FUND, LLC, a Delaware limited liability company (14.9%) (together with Original Mortgagee, collectively, “Second Mortgagee”), by Assignment dated February 13, 2024, and recorded on January 24, 2025, as Document No. 202501240004185, Kent County Records; said Mortgage having then been assigned by Second Mortgagee to 224 STANDARD REAL ESTATE PORTFOLIO LLC, an Oregon limited liability company (“Mortgagee”), by Assignment dated June 26, 2026, and recorded on July 23, 2026, as Document No. 202607230049689, Kent County Records, on which Mortgage there is claimed to be due the sum of Three Million Ninety-Three Thousand Three Hundred Sixty-Four and 24/100 Dollars ($3,093,364.24), and any additional amounts due thereon and secured thereby at the time of sale, including interest at the contract rate, late charges, attorneys' fees as provided for in the Mortgage and law, and all lawful costs. The mortgaged property consists of land situated in the City of Wyoming, Kent County, Michigan (the “Real Property”), described as follows: Parcel 1: All that part of the South 22 rods of the North fractional 1/2 of the Northwest fractional 1/4 of Section 1, Town 5 North, Range 12 West, Byron Township (now City of Wyoming), Kent County, Michigan, lying West of the Penn Central Trans. Co. Railroad right of way and Easterly of a limited access right of way line which is 700 feet Easterly of (measured at right angles) and parallel to the survey line of Highway US-131. Parcel 2: That part of the Northwest fractional 1/4 of Section 1, Town 5 North, Range 12 West, Byron Township (now City of Wyoming), Kent County, Michigan, described as: Commencing at the North 1/4 corner of said Section 1; thence North 88°14'10" West, 99.28 feet along the North line of said Northwest fractional 1/4; thence South 00°01'45" West, 1192.66 feet along the West line of the railroad right of way to the South line of the North fractional 1/2 of said Northwest fractional 1/4 and the point of beginning; thence South 00°01'45" West, 557.74 feet along the West line of the railroad right of way; thence North 44°25'40" West, 812.90 feet to a point which is 700 feet Easterly of, measured at right angles, from the centerline of existing Highway US-131; thence South 87°42'30" East, 569.78 feet along the South line of the North fractional 1/2 of said Northwest fractional 1/4 to the point of beginning. Parcels 1 and 2 being more particularly described as: A parcel of land being part of the East 1/2 of the Northwest fractional 1/4 of Section 1, Town 5 North, Range 12 West, Byron Township, Kent County, Michigan, described as: Commencing at the North 1/4 corner of Section 1; thence South 88°32'58" West (recorded as North 88°14'10" West) 99.28 feet along the North line of said Northwest fractional 1/4; thence South 03°12'00" East (recorded as South 00°01'45" West) 829.18 feet to the point of beginning on the North line of the South 22 rods of the North fractional 1/2 of the Northwest fractional 1/4 of Section 1; thence continuing South 03°12'00" East (recorded as South 00°01'45" West) 920.90 feet along the West line of the Railroad Right of Way; thence North 47°40'00" West 812.59 feet (recorded as North 44°25'40" West 812.90 feet) to a point which is 700 feet Easterly of, measured at right angles, from the centerline of existing Highway US-131; thence North 04°24'50" West parallel to the survey line of US-131, 363.77 feet to the North line of the South 22 rods of the North fractional 1/2 of the Northwest fractional 1/4; thence North 89°03'10" East along the North line of the South 22 rods of the North fractional 1/2 of the Northwest fractional 1/4, 577.37 feet to the point of beginning. Together with an easement for ingress and egress as disclosed in Access Easement recorded in Instrument No, 20070109-0003393, more particularly described as: A parcel of land being part of Section 1, Town 5 North, Range 12 West, Byron Township, Kent County, Michigan, described as: Commencing at the North 1/4 corner of Section 1; thence South 88°32'58" West (recorded as North 88°14'10" West) along the North Section line 627.87 feet to the point of beginning, which is 766 feet East of, and measured perpendicular to, the survey centerline of Highway US-131; thence South 04°24'50" East, parallel to and 766 feet East of the centerline of Highway US-131, 825.50 feet; thence South 89°01'10" West 66.12 feet; thence North 04°24'50" West parallel to and 700 feet East of the Centerline of Highway US-131, 824.92 feet to the North line of Section 1; thence North 10°00'25" West 97.15 feet; thence North 76°05'50" East 17.00 feet to a point on a curve to the right, said curve has a radius of 533.00 feet and a long chord bearing and distance of North 08°59'45" West 101.69 feet; thence Northwesterly along the arc of said curve 101.84 feet; thence North 03°31'18" West 2.62 feet to the Southeast corner Lot 6 of the Plat of Argo Industrial Park; thence North 88°45'02" East along the South line of Argo Industrial Park 66.00 feet to the Southwest corner of Lot 7 of the Plat of Argo Industrial Park and a point on a curve to the left, said curve has a radius of 467.00 feet and a long chord bearing and distance of South 16°31'30" East 210.16 feet; thence Southeasterly along the arc of said curve 211.97 feet to the North line of Section 1; thence South 88°32'58" West along the North line of Section 1, 43.27 feet to the point of beginning. Commonly known as: 6102 and 6120 Clay Avenue Southwest, Wyoming, Michigan. Parcel Identification Numbers: 41-21-01-600-003 and 41-21-01-600-006. Together with (a) any existing and all future recorded and/or unrecorded leases entered into on all or any part of the subject property referenced below, together with all rents, income, contract rights, issues, security deposits and profits arising from the leases and renewals thereof; (b) all rents, income, contract rights, issues, security deposits and profits for the use and occupation of the premises described in the leases or in this Mortgage and from all leases upon any or all of the real property described below, which are now executed or which may hereafter during the term of the Assignment be executed; (c) the guaranties of tenants' performance under the leases, if any; (d) all buildings and improvements now or hereafter thereon, and all appurtenances, easements, right in party walls, water and water rights, pumps and pumping plants and all shares of stock evidencing the same; (e) all fixtures and property now or later attached to or used with the Property, including but not limited to machinery, equipment, appliances and fixtures for generating or distributing air, water, heat, electricity, light, fuel or refrigeration, or for ventilating or sanitary purposes, or for the exclusion of vermin or insects, or for the removal of dust, refuse or garbage, all wallbeds, wallsafes, built-in furniture and installations, shelving, lockers, partitions, door stops, vaults, elevators, dumbwaiters, awnings, window shades, venetian blinds, light fixtures, fire hoses and brackets and boxes for same, fire sprinklers, alarm systems, drapery rods and brackets, screens, linoleum, carpets, plumbing, laundry tubs and trays, ice boxes, refrigerators, heating units, stoves, water heaters, incinerators, communication systems and all installations for which any such building is specifically designed; (f) all awards, compensation and settlements made as a result of the taking by power of eminent domain of the Real Property; (g) all trade names by which the Real Property is known, any books and records relating to the use and operation of the Real Property, all present and future plans and specifications and contracts relevant to the design, construction, management or inspection of any construction on any improvements on the Real Property and all present and future licenses, permits, approvals and agreements with or from any municipal corporation, county, state or other governmental or quasi-governmental entity relevant to the development, improvement or use of any or all of the Real Property; and (h) all rights of Mortgagor in and to any escrow or withhold agreements, surety bonds, warranties, management contracts, leasing or sales agreements with any real estate agents or brokers, and service contracts with any entity, relevant to the development, improvement, leasing, sale or use of the Real Property or any personal property located thereon; and all of said items whether now or hereafter installed being declared to be, for all purposes of this Mortgage, a part of the realty; and all the estate, interest or other claim or demand, including insurance, in law or equity, which Mortgagor now has or may hereafter acquire, in and to the aforesaid property; the specific enumerations herein not excluding the general. The Real Property and all of the foregoing constitute the “Property” and the Property means any and/or all of the Property as the context requires. The redemption period shall be six (6) months from the date of such sale pursuant to MCL 600.3240(7), unless determined abandoned in accordance with MCL 600.3241a, in which case the redemption period shall be thirty (30) days from the date of such sale. If the Property is sold at foreclosure sale under Chapter 32 of the Revised Judicature Act of 1961, pursuant to MCL 600.3278, Mortgagor will be held responsible to the person who buys the Property at the foreclosure sale or to Mortgagee for damaging the Property during the redemption period. Dated: July 27, 2026 224 STANDARD REAL ESTATE PORTFOLIO LLC Mortgagee CLARK HILL PLC Attorneys for Mortgagee By: Brandon J. Muller 220 Park Street, Suite 200 Birmingham, Michigan 48009 (248) 988-5878 E-mail: bmuller@clarkhill.com (07-29)(08-26)