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    Real Estate Mortgage

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    Rijane Cantanilla
    1) Mariano Apolonio mortgaged two parcels of land to secure a two million peso loan from the Banco De Oro Daet branch manager, Juanita Villaflores. 2) The two mortgaged parcels of land are located in San Isidro, Daet, Camarines Norte and are registered under Transfer Certificate of Title numbers 378992 and 378993. 3) The terms of the mortgage state that if Mariano Apolonio pays back the two million peso loan plus 12% annual interest within one year, the mortgage will be void, otherwise it will remain in effect to secure the loan.

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    Real Estate Mortgage

    Uploaded by

    Rijane Cantanilla
    31 views2 pages
    1) Mariano Apolonio mortgaged two parcels of land to secure a two million peso loan from the Banco De Oro Daet branch manager, Juanita Villaflores. 2) The two mortgaged parcels of land are located in San Isidro, Daet, Camarines Norte and are registered under Transfer Certificate of Title numbers 378992 and 378993. 3) The terms of the mortgage state that if Mariano Apolonio pays back the two million peso loan plus 12% annual interest within one year, the mortgage will be void, otherwise it will remain in effect to secure the loan.

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    1) Mariano Apolonio mortgaged two parcels of land to secure a two million peso loan from the Banco De Oro Daet branch manager, Juanita Villaflores. 2) The two mortgaged parcels of land are located in San Isidro, Daet, Camarines Norte and are registered under Transfer Certificate of Title numbers 378992 and 378993. 3) The terms of the mortgage state that if Mariano Apolonio pays back the two million peso loan plus 12% annual interest within one year, the mortgage will be void, otherwise it will remain in effect to secure the loan.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    31 views2 pages

    Real Estate Mortgage

    Uploaded by

    Rijane Cantanilla
    1) Mariano Apolonio mortgaged two parcels of land to secure a two million peso loan from the Banco De Oro Daet branch manager, Juanita Villaflores. 2) The two mortgaged parcels of land are located in San Isidro, Daet, Camarines Norte and are registered under Transfer Certificate of Title numbers 378992 and 378993. 3) The terms of the mortgage state that if Mariano Apolonio pays back the two million peso loan plus 12% annual interest within one year, the mortgage will be void, otherwise it will remain in effect to secure the loan.

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    © All Rights Reserved
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    of 2

    REAL ESTATE MORTGAGE

    KNOW ALL MEN BY THESE PRSENTS:


    This REAL ESTATE MORTGAGE, made and executed by and between Mariano Apolonio married to Juanita
    San Isidro Apolonio, both of legal age, Filipino citizens with residence and postal address at Purok 4, Camambugan,
    Daet, Camarines Norte called the MORTGAGOR, in favor of the Juanita Villaflores Manager of Banco De Oro Daet
    branch with principal office at 14000 Metro, Manila, called the MORTGAGEE;

    WITNESSETH:
    That the MORTGAGOR does hereby convey by way of REAL ESTATE MORTGAGE unto the MORTGAGEE the
    following describe real property, situated in Purok 7, San Isidro, Daet, Camarines Norte, together with all
    improvements, to wit;

    TRANSFER CERTIFICATE OF TITLE NO. 378992


    ASSEMEMNT OF REAL PROPERTY NO. 021-01389

    A parcel of Land (Lot 18, Block 7 of the Roseville Subdivision plan (LRA) Psd- 40618 approve as a non-subdivision
    project, being a portion of F-35695, L.R.C Record) situated in San Isidro, Municipality of Daet, Province of
    Camarines Norte, island of Luzon. Bounded on the NE., line 1 to 2 by property claim by Corazon Martinez; on the
    SE, & SW., line 2 to 4 by the subdivision plan Municipality of Daet, Camarines Norte, Beginning, containing an Area
    of TWO HUNDRED FIFTY (250) SUARE METERS, more or less, declared in the name of Mariano Apolonia, under TCT
    no. 378992

    TRANSFER CERTIFICATE OF TITLE NO. 378993


    ASSEMEMNT OF REAL PROPERTY NO. 021-01546

    A parcel of Land (Lot 19, Block 7 of the Roseville Subdivision plan (LRA) Psd- 40619 approve as a non-subdivision
    project, being a portion of F-35696, L.R.C Record) situated in San Isidro, Municipality of Daet, Province of
    Camarines Norte, island of Luzon. Bounded on the NE., line 1 to 2 by property claim by Solome Saavedra; on the
    SE, & SW., line 2 to 4 by the subdivision plan Municipality of Daet, Camarines Norte, Beginning, containing an Area
    of THREE HUNDRED (300) SUARE METERS, more or less, declared in the name of Mariano Apolonia, under TCT no.
    378993

    Of which real property the MORTGAGOR is the absolute owner in accordance with the provisions of the Land
    Registration Act, his title thereto being evidenced by Transfer/Original Certificate Title No. 378992 and Certificate
    Title No. 378993, of the Land registry of Daet, Camarines Norte;

    That this real estate mortgage is give as a security for the payment to the mortgagee of a certain
    promissory note, dated October 1, 2022 for the sum of Two Million pesos (₱2, 000,000.00) with the interest
    thereon at the rate of 12% per annum, according to the terms thereof, and in the words and figures as follows:

    PROMISSORY NOTE
    October 1, 2022

    ₱2, 000,000.00

    One Year after date, I Mariano Apolonio, promise to pay to the order of Juanita Villaflores Manager of
    Banco De Oro Daet branch, the sum of Two Million Pesos (₱2, 000,000.00).

    Mariano Apolonio

    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 by law.

    IN WITNESS WHEREOF, the mortgagor has hereunto set his hand, this 11 th day of October, 2022 in Daet,
    Camarines Norte, Philippines.

    Mariano Apolonio Juanita Villaflores


    Mortgagor Mortgagee

    WITNESSES:

    Marites Natividad Marisol Sta. Maria

    ACKNOWLEDGEMENT

    REPUBLIC OF THE PHILIPPINES )


    PROVINCE OF CAMARINES NORTE ) S.S
    MUNICIPALITY OF DAET

    Before me this 11th day of October, 2022 in the Municipality of Daet, Province of Camarines
    Norte, Philippines, personally appeared before the following

    Name Valid Identification Place and date Issue


    Mariano Apolonio TIN-386-763-486-000 Camarines Norte – 1/27/2021
    Juanita Villaflores TIN -469-667-781-000 Legazpi, Albay – 5/28/2009

    Known to me to be the same persons who executed the foregoing instrument, and acknowledged that the
    same are their free act and deed.

    This instrument relates to the mortgage of two parcels of land, and consist of Two pages,
    including the page on which this acknowledgement is written, has been signed on the left margin of each
    and every page thereof by Mariano Apolonio and Juanita Villaflores and their witnesses, and seal with my
    notarial seal.

    IN WITNESS WHEREOF, I have hereunto set my hand on the date and place above written.

    ATTY. RIJANE A. CANTANILLA


    Doc. No. 290 NOTARY PUBLIC
    Page No. 60 UNTIL DECEMBER 31, 2022
    Book No. 352 NOTARIAL COMMISSION No. 2022-10
    Series of 2022
    ATTORNEY’S ROLL No. 123456
    MCLE No. VII-00112455/ 4-6-22
    PTR No. 5414752/ 01-05-22
    IBP No. 167542/ 11-25-21
    DAET, CAMARINES NORTE

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