(Release of Chattel Mortgage on Motor Vehicle)

RELEASE OF MORTGAGE
KNOW ALL MEN BY THESE PRESENTS:

I, _____________, of legal age, Filipino, (single / married / widow), and a

resident of _____________, Philippines,
WITNESSETH:
That I am the Mortgagee in that Deed of Chattel Mortgage executed by
_____________ on _____________ and registered as Doc. No. ______;
Page No. ______; Book No. ______; Series of ______, in the Notarial
Register of Notary Public _____________;
That having this date received the full
amount of __________________________ (P__________), in Philippine
Currency, from the Mortgagor, which is in full and complete
settlement of the obligation secured by the said mortgage, I do
hereby forever RELEASE, DISCHARGE, AND CANCEL the aforementioned
Mortgage, covering the motor vehicle that is more particularly described as
follows:
Make:___________Motor No.:_____________

Series:_________Chassis No.:__________

Type of Body:_____Plate No.:___________

CR No.:__________MVRR No.:___________

IN WITNESS WHEREOF, I have hereunto set my hand, this _____________

at _____________, Philippines.
MORTGAGES

SIGNED IN THE PRESENCE OF:

__________________ _________________

(ACKNOWLEDGMENT)