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Deed of Mortgage
Deed of Mortgage
REAL ESTATE MORTGAGE
Of which real property the MORTGAGOR is the registered owner in accordance with the
provisions of the Land registration Act, His title thereto being evidenced by Original Certificate
of Title No. 02-001-123, of the Land registry of Deeds.
That this real estate mortgage is given as a security for the payment of the mortgage of certain
promissory note, datedJanuary 2, 2018 for the sum of ONE HUNDRED FIFTY THOUSAND
PESOS(P150,000.00), with interest thereon at the rate of TWELVE per centum (12%) according
to the terms thereof and in the words and figures as follows:
“FOR VALUE RECEIVED, I, REYMUND CASTILLO, of legal age, Filipino and residing at Malasiqui
Pangasinan, do hereby promise to pay DIANA PEREZ or order the sum of P150,000.00 within
two years, with interest without the need of express demand, with the understanding that to
enforce the payment of this promissory note in case of failure to pay on the agreed terms, I
execute likewise a Deed of Real Estate Mortgage on said Real Estate Property described above,
with all the improvements therein, in favor of Mortgagor.”
That the conditions of this real estate mortgage are such that if the mortgagor shall well and
truly pay or cause to be paid unto the mortgagee the aforesaid sum with accrued interest, then
this mortgage shall be of no further force’s effect; otherwise, the same shall remain in full
force’s effect’s shall be enforceable in the manner provided by law.
IN WITNESS WHEREOF, the mortgagor has hereunto set his hand, this 25th day of April 2018
inMalasiqui, Pangasinan, Philippines.
_________________________ ______________________
Mortgagor Mortgagee
BEFORE ME, a Notary Public, for and in Malasiqui, Pangasinan this 25th day of April 2018
personally appeared:
This instrument consisting of two (2) pages, including this page on which
this acknowledgment is written refers to a DEED OF REAL ESTATE MORTGAGE of a parcel of
land with Title No.02-001-123 and has been signed by the parties and their witnesses and
sealed with my notarial seal.
CHRISTOPHER A. MARTIN
Notary Public
My Commission Expires: 31 December 2018
IBP No. 764814 dtd. 01-07-18 Malasiqui Pangasinan
PTR No. 5448574 /01/14/18/ Malasiqui Pangasinan
Roll No. 33476
MCLE Compliance II – 0009328 Dtd. March 27, 2018
WITNESS MY HAND AND NOTARIAL SEAL.
Doc. No. 5
Page No. 3
Book No. 1
Series of 2018.