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Irrevocable Special Power of Attorney

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Jerwin Tiamson
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75 views2 pages

Irrevocable Special Power of Attorney

Uploaded by

Jerwin Tiamson
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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IRREVOCABLE SPECIAL POWER OF ATTORNEY. KNOWN ALL MEN BY THESE PRESENTS: L . Filipino, of legal age, married, and with residence address do hereby name, fe and appoint my wife, Filipino, of legal age, married and with residence address at (whose signature appears herein below and which signature T now hereby atest to be true, genuine and authentic), fo be my true and lavfu) Attorney-in-fact, for me/us and in my/our name, place and stead, to do, and perform the following special powers, to wit: 1. To borow+brain loan, from time to time, fom the BANK OF THE PHILIPPINE ISLANDS/SPI FAMILY SAVINGS BANK, INC. /BPI DIRECT SAVINGS BANK, INC/BPI INTERNATIONAL FINANCE LTD, (hereinafter referred to as the (“BANK”), in such stm/s of money as in the judgment of my/our Attorney-in- fact hereinafter authorized, provided that the aggregate amouat of such borvewing(®), pursuant to this Special Power of Attomey, shall not at any time exceed the sum of PESOS e d Philippine Currency. 2. Tosign, execute and deliver to the BANK, SINGLY, the Note’s, loan of credit agreement (3) or such other instruments evidencing my indebtedness for the monies so borrowed, or to be borrowed with interest thereon and said Attomey-in-fact is empowered t0 sign, execute and deliver, SINGLY, renewals, extensions, supplements, modification and/or amendments of said note(s), loan or credit agreements) or such other instruments fom time to time. 3. As security for the prompt payment of the loan, any other obligations due to the Bank and the proper performance of all covenants and agreements in connection therewith, to transfer, assign and convey by way of FIRST MORTGAGEE unto the bank, its successors and assigns the following real property/ies. TCTNO. type technical deseription here) of which we are about to purchase as evidenced by Transfer Certificate of Title No. of the Registry of Deed for such property being free of any lien or encumbrances. 4. To grant, transfer or assign fo the BANK as security for any note(s) or creditfloan covering my indebtedness to the BANK, my depositiplacement maintained with the said BANK, or with any of the BANK’s affiliates or subsidiaries or with any member of the Bank of the Philippine Tslands (BPT) Unibank, more particularly described as BPI FAMILY SAVINGS BANK; aud to sign, execute and deliver to the BANK, SINGLY, aay and all ‘grants, transfers, instruments that may be necessary to implement the aulhorization herein granted; 5. To grant, transfer or assign to the BANK at security for any note(s) or creditloan covering other indebtedness of any third person, party or entity 1o the BANK. ray deposivplacement maintained with the said BANK, or with any of the BANK’s aflliates or subsidiaries or with any member of the Bank of the Philippine Islands (BPI) Unibank, more particularly described as BPI FAMILY SAVINGS BANK; and to sign, execute and deliver to the BANK, SINGLY, any and all grants, transfers, instruments that may be necessary to implement the authorization herein aranted: 6. This Irrevocable Special Power of Attomey is coupled with interest being one of the requirements and considerations of the BANK for the granting of the loan to me/us. It & agreed that this Imevacable Special Power of Attorney shall not be revoked or cancelled without the prior written consent of the BANK. HEREBY GIVING AND GRANTING unto my said Attomey-in-Fact full power and authority to do snd perform any and every act and thing whatsoever requisite, necessary or proper to be done in and about the premises as L/We might or could do if personally present and acting in person; and HEREBY RATIFYING AND CONFIRMING all that my/our said Attomey-in-Fact shall lawfully do and cause to be done under and by virtue of these presents, IN WITNESS WHEREOF, I have hereunto set my hand at on this day of. ‘With my Marital Consent (@rinetpal (Spouse of Principal) Specimen Signature of the Attomey-in-Faet SIGNED IN THE PRESENCE OF: WITNESS WITNESS ACKNOWLEDGEMENTS REPUBLIC OF THE PHILIPPINES) )Ss BEFORE ME, personally appeared: Name Comm Tax CertNos, DatePlace Issued Gov't Issued ID. Place & Date of Issue Who is/are personally known to me and to me knovm to be the same person/s who executed the foresoing document and exhibited to me the above Community Tax Certificate(s; and‘or wasiwere identified by me through competent evidence of identity, to be the same person(s) in the foregoing document who exhibited to me the above TDG) Tt was acknowledged to me that the execution of this document is the tree and voluntary act and deed of said persou(3), as well as the fee and voluntary act and deed of the entity(ies) represented and thal said persons have the ‘authority to sign in behalf of the entty(ies) ‘The foregoing document is an Inevocable Special Power of Antommey which consists of (__) pages including the page whereon this Acknowledgment is written. This Acknowledgment forms an integral pat of the said dociment WITNESS MY HAND AND SEAL. day of, ‘NOTARY PUBLIC My Commission Expires on ‘Commission Serial No. Place of Commission. Office Address Roll No. PTRNo. Pac Doe. No, : Page No Book No. Series of

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