REAL ESTATE MORTGAGE
KNOW ALL MEN BY THESE PRESENTS:
This Real Estate Mortgage, made and executed by and between:
_____________, MORTGAGOR, of legal age, (single / married
to___ / widow), and a resident of _____________, Philippines;
- and -
_____________, MORTGAGEE, of legal age, (single / married to
___ / widow), and a resident of _____________, Philippines;
WITNESSETH;
That the MORTGAGOR do hereby CONVEY by way of REAL ESTATE MORTGAGE
unto the MORTGAGEE, (his/her) heirs, successors and assigns, the following described real
property, situated in ___, together with all the improvements, to wit:
(Technical Description of Property)
of which real property the MORTGAGOR is the registered owner in accordance with the
provision of the Land Registration Act, his title thereto being evidenced by Transfer (or original)
Certificate of Title No. _________, of the land registry of _______;
That this real estate mortgage is given as a security for the payment to the morgagee of a
certain promissory note, dated ______ for the sum of _______________________________
PESOS (P_____________), with interest thereon at the rate of _____________ (______%)
percent per (month/annum), according to the terms thereof, and in the words and figures as
follows:
(copy promissory note)
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 and effect; OTHERWISE, the same
shall remain in full force and effect and shall be enforceable in the manner provided for by law.
IN WITNESS WHEREOF, the mortgagor has hereunto set his hand, this __ day of
__,2010 at _____________, Philippines.
MORTGAGOR MORTGAGEE
SIGNED IN THE PRESENCE OF:
__________________ __________________
(ACKNOWLEDGMENT)
