San Juan · Monacillos · Villa Nevares

This is a mortgage foreclosure through the ordinary procedure, brought by the current holder of the mortgage claim against the estates of the deceased owners (including unknown heirs) and the United States. The judgment is $353,888.12 plus 6.89% annual interest from February 28, 2020, with service charges and insurance premiums still accruing, plus $20,500 for costs, expenses and attorney fees, and any other advances under the mortgage deed. The notice says the property has no prior or preferential liens according to the Registry, so none is described as surviving. A later HUD (Secretary of Housing and Urban Development) mortgage, with a principal of $307,500 at 3.85%, is listed as a subsequent lien; the notice indicates the property is acquired free of subsequent liens. Payment must be in cash, postal money order or manager's check. Because the owners are estates with unknown heirs, investors may want to check occupancy and possession risk, since the notice does not address either.