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the building only to discover that “Everything had been trashed.”
In this regard, petitioner testified at trial as follows:
And see, in these apartments I had 38 stoves, 38
refrigerators, and like that. All this was gone. When
I came back there was no stoves, no refrigerators, no
faucets, no shower heads, no knobs on the door. I mean
everything. No light fixtures in the hall and
whatever, and this is what I came back to and I had to
try to refurbish.
Petitioner did not maintain insurance on the Hazelwood
property, and at trial he made no mention of ever having filed
any police report. Regardless, petitioner never pursued any
recovery against either the nonprofit housing corporation or its
operator because they were insolvent.
E. Foreclosure and Mortgage Sale of the Hazelwood Property
As early as 1991, petitioner began having difficulty in
making payments to First Independence. Indeed, in June 1991,
First Independence filed a lis pendens with the Register of Deeds
for Wayne County, Michigan.
Petitioner continued having difficulty in making payments to
First Independence. In particular, petitioner did not make all
payments in 1995, and he did not make any payment in 1996.
Foreclosure proceedings against the Hazelwood property were
commenced by First Independence in 1996. The proceedings
culminated on June 27, 1996, with a mortgage foreclosure sale.4
4 The outstanding balance at that time was $70,686,
consisting of principal of $58,148, interest of $11,214, and an
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