7266 Cain Road, Jackson, MI 49201

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 Jackson County, starting promptly at 10:00 a.m., on Wednesday, June 10, 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 CHARBONIER HOLDINGS LLC, a Michigan limited liability company ("Mortgagor"), to LEAD FUNDING, LLC, a Colorado limited liability company ("Mortgagee"), dated May 17, 2021, and recorded on June 4, 2021, in Liber 2189, Page 0610, Jackson County Records ("Mortgage"); said Mortgage having been assigned by Mortgagee to LEAD FUNDING II, LLC, a Colorado limited liability company ("Lead Funding II"), by assignment dated May 2, 2022, and recorded on May 5, 2022, in Liber 2211, Page 0855, Jackson County Records; and assigned by LEAD FUNDING II to FIRST WESTERN TRUST BANK, a Colorado corporation ("First Western Trust"), by assignment dated May 2, 2022, and recorded on May 5, 2022, in Liber 2211, Page 0856, Jackson County Records; and assigned by FIRST WESTERN TRUST to LEAD FUNDING II by assignment dated December 26, 2022, and recorded on January 5, 2023, in Liber 2223, Page 0703, Jackson County Records; and assigned by LEAD FUNDING II to Mortgagee, by assignment dated January 3, 2023, and recorded on January 9, 2023, in Liber 2223, Page 0882, Jackson County Records; and assigned by Mortgagee to INDEPENDENT BANK by assignment dated January 3, 2023, and recorded on January 9, 2023, in Liber 2223, Page 0883, Jackson County Records; and assigned by INDEPENDENT BANK to Mortgagee by assignment dated October 3, 2024, and recorded on October 4, 2024, in Liber 2252, Page 1091, Jackson County Records, on which Mortgage there is claimed to be due the sum of Two Million Five Hundred Seventy Thousand and 00/100 Dollars ($2,570,000), 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 Township of Leoni, Jackson County, Michigan (the "Premises"), described as follows: PARCEL 1: Commencing at the Southwest corner of Section 26, Town 2 South, Range 1 East, Leoni Township, Jackson County, Michigan, thence North 89 degrees 09 minutes 29 seconds East 396.00 feet to the Southeast corner of property described in Liber 1298, Page 984, along the South line of said Section 26 to the point of beginning; thence North 00 degrees 39 minutes 37 seconds West along the East line of parcel of land described in Liber 1298, Page 984, 198.00 feet; thence South 89 degrees 09 minutes 29 seconds West along the North line of property described in Liber 1298, Page 984, and in Liber 2109, Page 1297, 396.00 feet to the West line of said Section 26; thence North 00 degrees 39 minutes 37 seconds West 380.60 feet along the West line of said Section 26; thence North 89 degrees 09 minutes 29 seconds East 662.80 feet; thence South 00 degrees 39 minutes 37 seconds East 578.61 feet to the South line of said Section 26; thence South 89 degrees 09 minutes 29 seconds West 266.77 feet along the South line of said Section 26 back to the point of beginning. PARCEL 2: Commencing at the Southwest corner of Section 26, Town 2 South, Range 1 East, Leoni Township, Jackson County, Michigan, thence North 89 degrees 09 minutes 29 seconds East 662.77 feet along the South line of said Section 26 and the centerline of Cain Road to the point of beginning; thence North 00 degrees 39 minutes 37 seconds West 654.31 feet; thence North 89 degrees 31 minutes 33 seconds East 668.23 feet to the East line of the West 1/2 of the Southwest 1/4 of said Section 26; thence South 00 degrees 37 minutes 23 seconds East 650.02 feet along the East line of the West 1/2 of the Southwest 1/4 of said Section 26 to the South line of said Section 26; thence South 89 degrees 09 minutes 29 seconds West 667.81 feet along the South line of said Section 26 and the centerline of Cain Road back to the point of beginning. Commonly known as: 7266 Cain Road, Jackson, Michigan. Parcel Identification Numbers: Parcel 1 – 000-09-26-351-004-04 Parcel 2 – 000-09-26-351-004-02 Together with (1) all appurtenances in and to the Premises; (2) any and all surface water and groundwater (tributary, nontributary and not-nontributary) water rights, whether adjudicated or unadjudicated, located on, over, under, or in any way directly or indirectly related to the Property, including any and all springs, wells, exempt wells, well permits, ponds, reservoirs, ditches, rights of way, pipelines, headgates, taps, tap fees, dams, impoundments, outlet works, diversion structures, conveyance structures, measuring devices or structures, well heads and pumps located or in any way appurtenant to the Property, and also including shares or other interests in ditch or reservoir companies; (3) all of the right, title, interest, claim and demand which Mortgagor has, if any, in and to any and all mineral rights owned by Mortgagor, and appurtenant to the Property, including royalty rights, operating and working interests, leasehold interests or leases; (4) all right, title and interest of Mortgagor now owned or hereafter acquired in and to all streets, roads, alleys and public places, and all easements and rights of way, public or private, now or hereafter used in connection with the Premises; (5) all right, title and interest of Mortgagor now owned or hereafter acquired in all machinery, equipment, fixtures and materials now or at any time attached to the Premises and in all processing, manufacturing and service equipment and other personal property now or at any time hereafter located on or appurtenant to the Premises and used in connection with the management and operation thereof; (6) any licenses, contracts, permits and agreements required or used in connection with the construction, ownership, operation or maintenance of the Premises (including, without limit, any building and other permits issued in connection with any repair work or new construction on the Premises), and the right to the use of any tradename, trademark, or service mark now or hereafter associated with the operation of any business conducted on the Premises, whether now existing or hereafter arising; (7) any and all insurance proceeds, and any and all awards, including interest, previously and hereafter made to Mortgagor for taking by eminent domain of the whole or any part of the Premises or any easements therein; and (8) all existing and future leases, subleases, licenses, and other agreements for the use and occupancy of all or any portion of the Premises and all income, receipts, revenues, rents, issues and profits arising from the use or enjoyment of all or any portion of the Premises (together with the Premises, collectively, the "Property"). 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: May 4, 2026 LEAD FUNDING, LLC, a Colorado limited liability company, Mortgagee CLARK HILL PLC Attorneys for Mortgagee By: Jason R. Canvasser 500 Woodward Avenue, Suite 3500 Detroit, Michigan 48226 (313) 965-8257 jcanvasser@clarkhill.com (05-07)(06-04)