Professional Documents
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Affidavit of Good Faith
Affidavit of Good Faith
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MOTOR NO.
SERIAL/CHASSIS NO.
PLATE NO.
FILE NO.
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That the condition of this obligation is that should the MORTGAGOR perform the obligation to pay
the hereinabove cited indebtedness of (Amount in Words) (000,000.00)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 ____day of
____________ 20___ at ____ Philippines.
_______________________________
MORTGAGOR
_______________________________
MORTGAGEE
_______________________________
ACKNOWLEDGEMENT
CTC Number
Date/Place Issued
(Name of Mortgagor)
10000000
(Name of Mortgagee)
10000000
City
City
Known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same is their free and voluntary act and
deed.
WITNESS MY HAND AND SEAL, on the date and place first above written.
Notary Public
Doc. No.______;
Page No. ______;
Book No.______;
Series of 20__.
Note: Chattel mortgages requires an Affidavit of Good Faith attached to it
-sample below:
AFFIDAVIT OF GOOD FAITH
We, the undersigned MORTGAGOR AND MORTGAGEE hereby jointly and severally swear
that we executed the foregoing Chattel Mortgage in order to secure the indebtedness
therein and for no other purpose or purposes contrary to law.
____________________________
MORTGAGOR
_____________________________
MORTGAGEE