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    HONORATO MATABAN
    This document is a real estate mortgage agreement between two parties. The mortgagors acknowledge that they owe the mortgagee 230,000 pesos and transfer ownership of a 5,000 square meter parcel of land located in a specific barangay as collateral. The condition is that if the mortgagors repay the full amount within 10 years, ownership of the land will be returned to them. Both parties and witnesses signed the agreement on January 13, 2020 attesting to the transaction.

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    This document is a real estate mortgage agreement between two parties. The mortgagors acknowledge that they owe the mortgagee 230,000 pesos and transfer ownership of a 5,000 square meter parcel of land located in a specific barangay as collateral. The condition is that if the mortgagors repay the full amount within 10 years, ownership of the land will be returned to them. Both parties and witnesses signed the agreement on January 13, 2020 attesting to the transaction.

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    REAL ESTATE MORTGAGE SIMPLE FORM

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    REM-PN-SCRIBED

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    This document is a real estate mortgage agreement between two parties. The mortgagors acknowledge that they owe the mortgagee 230,000 pesos and transfer ownership of a 5,000 square meter parcel of land located in a specific barangay as collateral. The condition is that if the mortgagors repay the full amount within 10 years, ownership of the land will be returned to them. Both parties and witnesses signed the agreement on January 13, 2020 attesting to the transaction.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    27 views1 page

    Rem PN Scribed

    Uploaded by

    HONORATO MATABAN
    This document is a real estate mortgage agreement between two parties. The mortgagors acknowledge that they owe the mortgagee 230,000 pesos and transfer ownership of a 5,000 square meter parcel of land located in a specific barangay as collateral. The condition is that if the mortgagors repay the full amount within 10 years, ownership of the land will be returned to them. Both parties and witnesses signed the agreement on January 13, 2020 attesting to the transaction.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    of 1

    REAL ESTATE MORTGAGE

    KNOW ALL MEN BY THESE PRESENTS:

    WE, __________________________ and


    ___________________________, Filipino citizens and residents of
    __________________________, do hereby acknowledge that WE are justly
    indebted to __________________________, single, of legal age, Filipino citizen
    and a resident Nalsian Norte, Bayambang, Pangasinan, in the sum of TWO
    HUNDRED THIRTY THOUSAND (P230,000.00) PESOS, and by these presents
    transfer and convey by way of MORTGAGE, unto __________________________,
    his heirs, successors or assigns, that parcel of land which is herein more particularly
    described as follows:

    “A parcel of land situated in


    ____________________________. Bounded on the North by
    Barangay Road; on the East by Perfecto S. Junio; on the South
    by Romeo S. Junio; and on the West by Eduardo M. Iglesias. x
    x x Containing an area of FIVE THOUSAND (5,000) SQUARE
    METERS, more or less.”

    The condition of this mortgage is such that if WE, _____________________


    and ______________________, the MORTGAGORS, shall well and truly pay or
    cause to be paid to the MORTGAGEE, ____________________________, the
    P230,000.00 on any period on or before TEN (10) YEARS from the date hereof,
    then this mortgage shall thereby fully discharged and without further effect;
    OTHERWISE, it shall remain in full force and effect and shall be enforceable in the
    manner provided by law.

    IN WITNESS WHEREOF, WE have hereunto set our hand this 13 th day of


    January, 2020 at Bayambang, Pangasinan, Philippines.

    MORTGAGOR MORTGAGOR
    ID ______________ ID ______________

    MORTGAGEE
    ID _______________

    __________________ _________________
    1ST WITNESS 2ND WITNESS

    REPUBLIC OF THE PHILIPPINES)


    _________________________)S.S.

    BEFORE ME this 13th day of January, 2020 at


    _______________________________, Philippines, personally appeared the above-
    named parties and their witnesses, known to me to be the same persons who
    executed the foregoing REAL ESTATE MORTGAGE and acknowledged and swore
    that the same is his own free and voluntary act and deed.

    Doc. No. 158;


    Page No. 31; Notary Public
    Book No. XIX; Until December 31, 2021
    Series of 2020. Roll No.
    PTR No. __________ – 01/03/2020
    IBP O.R. __________ – 01/03/2020
    MCLE ____________ – 05/28/2019

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