Vieques · Brisas de Santa María

This is a mortgage foreclosure auction against the estate of Germán Bermúdez Vélez for a 351 m² rural parcel in Brisas de Santa María, Vieques. The plaintiff is a mortgage trust enforcing a 2011 HUD-backed loan originated at $189,000 principal at 5.06% annual interest, maturing in 2082. The total debt is $198,896.26, including principal, accrued interest since December 2020, insurance premiums, servicing charges, and $18,450 in legal fees. The property is clear of prior liens. A second HUD mortgage for the same amount, also from 2011, appears as a posterior lien and may complicate title unless clarified. Investors should verify whether both mortgages secure the same debt or represent separate obligations. The estate is unrepresented, and heirs are unknown. Sale terms require cash or manager's check payable to the marshal. Possession and occupancy status are not disclosed.