REPUBLIC OF THE PHILIPPINES)

CITY/MUNICIPALITY OF LIPA ) SS.

PROVINCE OF BATANGAS )

DEED OF CHATTEL MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

I, LILY CRUZ, of legal age, married and resident of 123 Ilang-

Ilang, Sampaguita, Lipa City, hereinafter known as the
MORTGAGOR, and JULIO ARDIENTE, of legal age, widow and
resident of 56 Rosas, Gumamela, Lipa City, hereinafter known as the
MORTGAGEE;

-- WITNESSETH –

That the MORTGAGOR is indebted unto the MORTGAGEE in

the sum of THREE HUNDRED THOUSAND PESOS
(P300,000.00), Philippine Currency, receipt of which is acknowledged
by the MORTGAGOR upon the signing of this
instrument, payable within a period of one (1) year, with interest
thereon at the rate of 12% per annum. The payment shall be in
installment basis every 15th day of the month;

        That for, and consideration of, this indebtedness, and to assure
the performance of said obligation to pay, the MORTGAGOR
hereby conveys by way of CHATTEL MORTGAGE unto the
MORTGAGEE, his heirs and assigns, the following personality
now in the possession of said MORTGAGOR

MAKE              : HYUNDAI MOTOR NO.               : AA1234567

SERIES           : i10 SERIAL/CHASSIS NO.: BB45678910
TYPE : HATCHBACK PLATE NO.                 : WCQ885
YEAR MODEL : 2013 FILE NO.                   : 111-22-33

That the condition of this obligation is that should the

MORTGAGOR perform the obligation to pay the hereinabove cited
indebtedness of THREE HUNDRED THOUSAND PESOS
(P300,000.00) together with accrued interest thereon, this chattel
mortgage shall at once become null and void and of no effect
whatsoever, otherwise, it shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have hereunto set their

hands, this 2nd day of April, 2023 at the City of Lipa, Philippines.

Lily Cruz Julio Ardiente

LILY CRUZ JULIO ARDIENTE
Mortgagor Mortgagee

SIGNED IN THE PRESENCE OF:

Diego Torillo Camia

Cruz
Diego Torillo Camia Cruz

AFFIDAVIT OF GOOD FAITH

We, the undersigned MORTGAGOR AND MORTGAGEE,

severally swear that the foregoing chattel mortgage is made and
executed for the purpose of securing the obligation specified therein,
and for no other purpose, and that the same is just and valid
obligation, and one not entered into for the purpose of fraud.

Lily Cruz Julio

Ardiente
LILY CRUZ JULIO ARDIENTE
Mortgagor Mortgagee
Driver’s License No. 143-44 Driver’s License No. 166-55
 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

CITY/MUNICIPALITY OF LIPA ) SS.
PROVINCE OF BATANGAS )

BEFORE ME, a Notary Public for and in Lipa City, Batangas,

this 2 day of April 2023, personally came and appeared:
nd

Name Identification Card Issued On/At

Lily Cruz Driver’s License No. 143-44 7/25/2022 – LTO-Lipa
Julio Ardiente Driver’s License No. 166-55 7/25/2022 – LTO-Lipa
Diego Torillo Driver’s License No. 456-88 5/31/2000 – LTO-Lipa
Camia Cruz UMID 123456789 6/18/2013 – SSS-Lipa

Known to me to be the same persons who executed the

foregoing instrument and they acknowledged to me that the same is
their free and voluntary act and deed.
This instrument consists of three (3) pages, including the page
where on this acknowledgment is written, and has been signed by the
parties and their instrumental witnesses on each and every page
hereof.
WITNESS MY HAND AND SEAL, at the date and place first
above written.

Notary Public

Doc. No. __145__;

Page No. __97___;
Book No. ___1___;
Series of __2023_.