Hey guys,
Just a quick update.
After your advice gderf, I went to the FSTAB and commented the drive out in the top section.
I also found it referenced twice in the MargerFS pool section in the FSTAB. I deleted out BOTH of these references and after a reboot I was able to 'remove' the old faulty and already removed drive from the MergerFS pool without errors!
I then went on to mount the replacement of Drive2 with Drive12 and it was able to mount with no problems this time!
I also was able to go into the SnapRAID service and modify the data drive, Drive2 with the newly added and mounted Drive12.
I then ran the fix error via the GUI and left if for a few days and a lot of data has been put onto the replacement drive12.
I will investigate the SnapRAID commands via a Screen session as instructed shortly. I was just VERY HAPPY to be able to get the volume online even if only partially thanks to both of your help.
So thank you both!
I will post any potential updates after I see how the SnapRAID fixes go - I am less hopeful, as I don't believe I had set this up correctly initially or maintained it as I think I was supposed to..