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    Release of Real Estate Mortgage

    Uploaded by

    Roselette Colis
    This document releases a real estate mortgage taken out by BBBBBBBBBBBBBBBBBBB on a parcel of land described in Original Certificate of Title No. 123456. The mortgagee, SPS. AAAAAAAAAAAAAAA, acknowledges receiving full payment of PHP 25,000 from the mortgagor, which settles the obligation secured by the mortgage. As a result, the mortgage is released, discharged, and cancelled.

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    © All Rights Reserved
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    Release of Real Estate Mortgage

    Uploaded by

    Roselette Colis
    30 views1 page
    This document releases a real estate mortgage taken out by BBBBBBBBBBBBBBBBBBB on a parcel of land described in Original Certificate of Title No. 123456. The mortgagee, SPS. AAAAAAAAAAAAAAA, acknowledges receiving full payment of PHP 25,000 from the mortgagor, which settles the obligation secured by the mortgage. As a result, the mortgage is released, discharged, and cancelled.

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    Release of Rem

    Original Title

    Release of Rem

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    This document releases a real estate mortgage taken out by BBBBBBBBBBBBBBBBBBB on a parcel of land described in Original Certificate of Title No. 123456. The mortgagee, SPS. AAAAAAAAAAAAAAA, acknowledges receiving full payment of PHP 25,000 from the mortgagor, which settles the obligation secured by the mortgage. As a result, the mortgage is released, discharged, and cancelled.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    30 views1 page

    Release of Real Estate Mortgage

    Uploaded by

    Roselette Colis
    This document releases a real estate mortgage taken out by BBBBBBBBBBBBBBBBBBB on a parcel of land described in Original Certificate of Title No. 123456. The mortgagee, SPS. AAAAAAAAAAAAAAA, acknowledges receiving full payment of PHP 25,000 from the mortgagor, which settles the obligation secured by the mortgage. As a result, the mortgage is released, discharged, and cancelled.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    RELEASE OF REAL ESTATE MORTGAGE

    KNOW ALL MEN BY THESE PRESENTS:

    SPS. AAAAAAAAAAAAAAA, Filipino, of legal age, married to each other, and a


    resident of Corazon, Catmon, Cebu, Philippines,

    WITNESSETH:

    That WE are the Mortgagee in that Deed of Real Estate Mortgage executed by
    BBBBBBBBBBBBBBBBBBBbb on 07 November 2015 and registered as Doc. No. AA; Page No.
    AA; Book No. AA; Series of 2015, in the Notarial Register of Notary Public Atty.
    XXXXXXXXXXXXXxx;

    That having this date received the full amount of TWENTY-FIVE THOUSAND PESOS (PHP.
    25,000.00), Philippine Currency, from the Mortgagor, which is in full and complete
    settlement of the obligation secured by the said mortgage, We do hereby forever
    RELEASE, DISCHARGE, AND CANCEL the aforementioned Mortgage, covering the parcel
    of land parcel of land, together with all the improvements found and standing thereon,
    more particularly described as follows:

    ORIGINAL CERTIFICATE OF TITLE NO. 123456

    ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

    IN WITNESS WHEREOF, we have have hereunto set their hands, this 09


    November 2019 at Cebu, Philippines.

    AAAAAAAAAAAAAAAAAAA
    MORTGAGEE

    Singed in the presence of:

    ____________________________ __________________________

    Republic of the Philippines)


    Cebu City )S.S.
    ACKNOWLEDGEMENT

    BEFORE ME, a Notary Public for and in the City of Cebu, this 09 November 2019,
    personally appeared the above named persons, exhibited to me their competent proof
    of identity as above mentioned. Known to me to be the same persons who executed this
    Release of Real Estate Mortgage and they acknowledged that the same is their free and
    voluntary act and deed.

    WITNESS MY HAND AND NOTARIAL SEAL.

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

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