This is a mortgage foreclosure by the USDA Rural Development against the estates of two deceased borrowers. The original 1982 mortgage for $35,000 was modified in 1989 to reflect a balance of $37,914.70 at 9.75% annual interest. The current amount owed is $10,593.24 in principal plus accrued interest from August 2016, plus subsidies, costs, and $3,500 in attorney fees. The property is a single-family concrete residence on a 345.54 m² lot in Urbanización Villa del Carmen, Gurabo. The title study indicates no prior or preferred liens. Buyers assume responsibility for any liens that survive the sale. Payment must be in cash, postal money order, or manager's check payable to the marshal.
Calle 7 G 12 Urb. Villa del Carmen, Gurabo, P.R. 00658 · 00658 · Puerto Rico
Lot 12, Block G, in Urbanización Villa del Carmen, Tercera Extensión, located in Barrio Rincón, Gurabo. The 345.54 m² lot is bounded north by lot 11 (24.00 m), south by Calle Acceso Este (24.00 m), east by Calle 7 (13.72 m), and west by lots 5 and 6 (15.08 m). A single-story concrete house for residential use is built on the lot.
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