_______________MORTGAGE

REAL ESTATE MORTGAGEKNOW ALL MEN BY THESE PRESENTS:

THIS AGREEMENT executed by and between_____________________, of legal age, Filipino, single/married to_________________________ and a resident of ____________________________________________ known as the MORTGAGOR and ________________________________________of legal age,Filipino, single/married to________________________ and a resident of______________________________hereinafter known as the MORTGAGEE, Witnesseth:

That the MORTGAGOR is indebted unto the MORTGAGEE in the SUM of___________________________________________(P ), Philippine Currency, receipt whereof is hereby acknowledged and confessed payable within a period of _____________________________;

That for and in consideration of the said indebtedness, the MORTGAGOR does hereby convey and deliver by way of a MORTGAGE unto the said MORTGAGEE and the latters heirs and assigns, the following realty together with all the improvements thereon and situated at_______________________ _________________________________and more particularly described as follows, to wit: PROVIDED, HOWEVER, that should the MORTGAGOR duly pay or cause to be paid unto the said MORTGAGEE, his heirs and assigns the said indebtedness of___________________________________________________within the agreed terms, then the MORTGAGE shall be discharge, and rendered of no more force and effect, otherwise it shall subsist and subject to foreclosure in the manner and form provided by law.

IN WITNESS WHEREOF, both parties have hereunto set their hands this______ day of _________________ at __________________________.___________________________ __________________________ (Mortgagor) (Mortgagee)WITH MY MARITAL CONSENT:___________________________ __________________________(Spouse) (Spouse)

SIGNED IN THE PRESENCE OF:___________________________ __________________________

AKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

IN THE ____________________ )S.c.

BEFORE ME, this ____ day of ________. at _______________________,Philippines, personally appeared_________________________ with CTC No.____________ Issued on _______________ at __________________ known to me and to me known to be the same person who executed the foregoing instrument and acknowledged to me that the same is their free and voluntary act and deed.

WITNESS MY HAND AND NOTARIAL SEAL.

Doc. No._______Page No._______

Book No._______Series of 20____