NOTICE OF MORTGAGE FORECLOSURE SALE
Default having been made in the terms of a Forbearance Agreement dated July 15, 2024, between 1st Source Bank (“Mortgagee”) and Marion L. Thole and Keith Clark (“Debtors”), and a Real Estate Mortgage dated July 15, 2024, executed by Marion L. Thole, Trustee of the Thole Joint Trust Dated October 1, 2014, as Amended and Restated (“Mortgagor”), in favor of 1st Source Bank, recorded August 19, 2024, in Liber 3432, Pages 1830-1833, Berrien County Register of Deeds, securing said Agreement, and the Mortgagee having elected to foreclose:
NOTICE IS HEREBY GIVEN that the Mortgage will be foreclosed by a sale of the mortgaged premises at public auction:
• Date and Time: Friday, May 16, 2025, 11:00 AM Eastern Time
• Place: Main entrance, Berrien County Courthouse, 811 Port Street, St. Joseph, MI 49085
• Property: The property is described as That part of the Southwest Quarter of the Southwest Quarter of Section 10, Township 5 South, Range 19 West, Lincoln Township, Berrien County, Michigan, described as: Beginning at a point on the West line of said Section 10 that is 1031.25 feet North of the Southwest corner of said Section; thence continuing North along the said West line, 41.23 feet; thence South 89°36’00” East 592.00 feet; thence South and parallel with the said West Section line, 72.37 feet; thence South 89°36’00” East 586.74 feet to the Westerly right-of-way line of the Pere Marquette Rail-road; thence South 03°59’00” West along the said railroad right-of-way, 172.55 feet; thence North 89°40’50” West 666.69 feet; thence North and parallel with the said West Section line, 205.00 feet; thence North 89°40’50” West 500.00 feet to the place of beginning.
Commonly known as: 3915 Red Arrow Highway, St. Joseph, MI 49085 (Parcel No. 11-12-0010-0024-04-5).
• Amount Due: As of March 31, 2025, the amount claimed to be due and owing on the Mortgage is $38,710.13, which includes delinquent 2023 and 2024 taxes, late fees, and attorney’s fees paid by the Mortgagee, plus interest accruing at $7.26 per day and additional costs and fees.
TERMS: Sale by Berrien County Sheriff to the highest bidder for cash or certified funds. Mortgagee may bid. Property sold “as is,” subject to taxes, assessments, or prior liens.
REDEMPTION: Six (6) months from sale date, unless abandoned (MCL 600.3241a), then one (1) month. Redemption requires payment of bid amount, plus 10.75% interest from sale date and lawful costs and fees, including attorney’s fees.
NOTICE: Sale may be adjourned without further notice except as announced or posted at sale time/place. Contact: Christopher M. Keefer (P85810), Keefer, LLC, 1251 N. Eddy Street, Ste. 200, South Bend, IN 46617, (574) 850-1506, chris@keeferstrategy.com.
Dated: April 3, 2025 [First Publication]
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