907 Lalley Rd, Iron River (Iron), MI 49935
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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 Iron County, starting promptly at 10:00 AM, on November 7, 2025. The amount due on the mortgage may be greater on the day of 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: Name(s) of the mortgagor(s): Tomi Peterson and Marilynn J. Peterson husband and wife Original Mortgagee: Wells Fargo Bank, N.A. Foreclosing Assignee (if any): None Date of Mortgage: November 8, 2018 Date of Mortgage Recording: November 14, 2018 Amount claimed due on date of notice: $38,985.55 Description of the mortgaged premises: Situated in City of Iron River, Iron County, Michigan, and described as: All that part of the Southwest 1/4 of the Northeast 1/4 of Section 25, Town 43 North, Range 35 West, being more particularly described as follows: Commencing at the intersection of the West boundary line of said Southwest 1/4 of the Northeast 1/4 with the South right-of-way limit of the highway known as the Ice Lake Road (formerly US-2); thence Northeasterly, along said South right-of-way limit, a distance of 460 feet to the point of beginning; thence South a distance of 417.4 feet; thence Southwesterly, parallel to said South right-of-way limit, a distance of 225.5 feet; thence North a distance of 417.4 feet; thence Northeasterly, along said South right-of-way limit, to the point of beginning. Excepting therefrom any part which may lie in the parcel described in Liber 78 of Deeds, Page 453. Common street address (if any): 907 Lalley Rd, Iron River, MI 49935-9563 The redemption period shall be 6 months from the date of such sale, unless determined abandoned in accordance with MCL 600.3241a; or, if the subject real property is used for agricultural purposes as defined by MCL 600.3240(16). If the property is sold at foreclosure sale under Chapter 32 of the Revised Judicature Act of 1961, pursuant to MCL 600.3278 the borrower will be held responsible to the person who buys the property at the mortgage foreclosure sale or to the mortgage holder for damaging the property during the redemption period. 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. This notice is from a debt collector. Date of notice: October 8, 2025 Trott Law, P.C. 31440 Northwestern Hwy, Suite 145 Farmington Hills, MI 48334 (248) 642-2515 (10-08)(10-29)
