REAL ESTATE MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

I    (full name of mortgagor) , Filipino, of legal age, single (or married to _____________________________), and with residence and post-office address at ________________________for and in consideration of a loan in the sum of ___________PESOS (Php _________ ), Philippine Currency, to me in hand paid by    (full name of mortgagee)  , Filipino, of legal age. single / married to ________________________ and with residence and postal address at ______________________ do hereby convey, by way of MORTGAGE, unto the said    (full name of mortgagee)   his / her heirs, and assigns, that certain parcel of land together with all the buildings and improvements thereon, if any, situated in ______________________________,  particularly described as follows:

(Description)

of which real property I am the registered owner in accordance with the provisions of the Land Registration Act, my title thereto being evidenced by Original/Transfer Certificate of Title No. ________________ of the Registry of Deeds of _______________________, PROVIDED. HOWEVER, that if I, the said     (full name of mortgagor) , shall pay or cause to be paid to said    (full name of mortgagee)  ,  his heirs or assigns, the said sum of______________________PESOS (Php ______) withinthe period of____________ ( _______ ) years from and after the execution of (his mortgagee, together with the interest thereon at the rate of ____________per centum ( ______%) per annum, then this MORTGAGE shall be discharged and of no effect; OTHERWISE, it shall remain in full force and effect and shall be enforceable in the manner provided for by law.

IN WITNESS WHEREOF, I have hereunto set my hand this __ day of _________ 20 ____ in ___________. Philippines.

____________________________
(MORTGAGOR)

With my marital consent:

____________________________
(Spouse of Mortgagor, if any)

SIGNED IN THE PRESENCE OF :

____________________ ____________________

(NOTARIAL ACKNOWLEDGEMENT)

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