Sei sulla pagina 1di 1

REAL ESTATE MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

THIS MORTGAGE made and executed by _, of legal age, single, Filipino and
resident/s of _ (hereinafter referred to as the “Mortgagors”), in favor of the _
corporation duly organized and existing under and by virtue of the laws of the
Philippines, with principal place of business at Quezon City, Philippines,
hereinafter called the MORTGAGEE.

WITNESSETH: that

That, for and in consideration of credit accommodation obtained from the


MORTGAGEE, and to secure the payment of the same and those that may hereafter
be obtained, the principal of all of whish is hereby fixed at _ pesos _, Philippine
Currency, as well those that the MORTGAGEE may extend to the MORTGAGOR,
including interest and expenses or any other obligation owing to the MORTGAGEE,
whether direct or indirect, principal or secondary, as appears in the accounts, books
and records of the MORTGAGEE, the MORTGAGOR does hereby transfer and
convey by way of mortgage unto the MORTGAGEEE, its successors or assigns, the
parcel of land which are described in the list inserted on the back of this documents
and/or appended hero, together with all the buildings and improvement now
existing or which

Potrebbero piacerti anche