RELEASE OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

I, ____________________-, of legal age, Filipino, and a resident of Davao City,

Philippines, do hereby depose and say,

WITNESSETH:

That I am the Mortgagee in that Deed of Real Estate Mortgage executed

between ______________________ and ___________________ 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

__________________________________________ 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 parcel of land
covered by Original/Transfer Certificate of Title No. _____________________
of the Registry of Deeds of Davao City, with an area of
_________________________________________, more or less.

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

_____________, Philippines.

___________________________
Mortgagee
ID No. ____________________

Signed in the presence of:

_______________________ _______________________

REPUBLIC OF THE PHILIPPINES)

In the City of Davao ) S.S.
 ACKNOWLEDGEMENT

BEFORE ME A NOTARY PUBLIC for and in the City of Davao, this

_______________________________ personally appeared the parties with their
proof of identities indicated above, to me known to be the same persons
who executed the foregoing instrument and they acknowledged before
me that they understood the contents thereof and that the same is their
free and voluntary act and deed.

This document consists of two (2) pages including this page where
this Acknowledgment is written and signed by the parties and instrumental
witnesses on each and every page.

Doc No. ___;

Page No. ___;
Book No. ___;
Series of 2019.