Attorney File #: (N/A)
Notice ID: 1580953
First Publication Date: 12/25/2025
Number of Insertions: 4
Last Publication Date: 1/15/2026
County: Berrien
Begin 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 Berrien County, starting promptly at 11:00 a.m., on Friday, January 23, 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 1312 LAKE ST LLC, a Michigan limited liability company (“Mortgagor”), to LEAD FUNDING, LLC, a Colorado limited liability company (“Mortgagee”), dated October 29, 2024, and recorded on November 4, 2024, in Liber 3438, Page 0671, Berrien County Records (“Mortgage”), on which Mortgage there is claimed to be due the sum of Two Million One Hundred Seventy-Five Thousand and 00/100 Dollars ($2,175,000.00), 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 Niles, Berrien County, Michigan (the “Premises”), described as follows: Part of the Northwest 1/4 of the Northwest 1/4 of Section 25, Town 7 South, Range 17 West bounded on the Southeast by the Airline Branch of the Michigan Central Railroad, on the North by Lake Street and on the West 13th Street Commonly known as: 1312 Lake Street, Niles, Michigan. Parcel Identification Number: 11-71-0025-0024-00-8. Together with (i) all appurtenances in and to the Premises; (ii) 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; (iii) 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; (iv) 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; (v) 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; (vi) 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; (vii) 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 (viii) 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: December 19, 2025 LEAD FUNDING, LLC, a Colorado limited liability company, 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
(12-25)(01-15)