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Published by: Nadine Tubalinal Sandino on Mar 11, 2012
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03/11/2012

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Form No.

1--Petition for Extra Judicial Foreclosure of Real Estate Mortgage under Act 3135 as amended (Petition for Extra Judicial Foreclosure of Real Estate Mortgage under Act 3135 as amended) The City/Provincial Sheriff City/Province of _____________, Philippines S I R: GREETINGS: Mortgagee _____________, of legal age, Filipino, (single / married / widow), and a resident of _____________, Philippines, most respectfully alleges: 1. That on _____________, __Name of Mortgagor-Debtor__, of legal age, Filipino, (single / married / widow), and a resident of _____________, Philippines, executed a Real Estate Mortgage in my favor mortgaging said property described in the Real Estate Mortgage Contract hereto attached as Annex "A" and forming an integral part hereof; to secure the payment of loan in the amount which is shown in the promissory note executed by said Mortgagor-Debtor dated _____________, a copy of which is hereto attached as Annex "B" 2. That to the best of my knowledge, the mortgaged property is subject to no prior mortgage or any lien whatsoever and is now in the possession and full control of the above-named Mortgagor-Debtor; 3.That the Mortgagor-Debtor defaulted in its obligation under the aforementioned Real Estate Mortgage Contract and Promissory Note; 4.That under the terms and conditions of the Real Estate Mortgage Contract, the Mortgagee is entitled to foreclose extra-judicially the mortgaged property, which is more particularly described as follows: (Technical Description of Property) 4.That by the terms and conditions of the Real Estate Mortgage Contract herein-above referred to, the principal obligation of the Mortgagor which has become overdue as of _____________ is in the amount of __________________________ (P___________), excluding penalties, liquidated damages, past due interest, attorney's fee representing ______% of the total obligation due, other charges and expenses of foreclosure. WHEREFORE, I respectfully request you to take possession of the property described in the aforementioned Real Estate Mortgage and sell the same at Public Auction in accordance with the

Please furnish the undersigned and the Mortgagor-Debtor with copies of your notice of Sale at least ten (10) days before the sale. Philippines.provisions of Act 3135 as amended. MORTGAGEE (VERIFICATION) . __Date__. _____________.

which is more particularly described as follows. the Mortgagee is entitled to foreclose extra-judicially the mortgaged property. mortgaging the property described in the Chattel Mortgage Contract hereto attached as Annex "A" and forming an integral part hereof. and a resident of _____________. (single / married / widow). 4. the mortgaged property is subject to no prior mortgage or any lien whatsoever and is now in the possession and full control of the above-named Mortgagor-Debtor.:____________ 5.Form No. That on _____________. That to the best of my knowledge.That under the terms and conditions of the Chattel Mortgage Contract. of legal age. liquidated damages. . 3. other charges and expenses of foreclosure. Philippines. executed a Chattel Mortgage in my favor. attorney's fee representing _______% of the total obligation due.:____________ Type of Body:________Plate No. That the Mortgagor-Debtor defaulted in his obligation under the aforementioned Chattel Mortgage Contract and Promissory Note. __Name of Mortgagor-Debtor__.:_____________ Series:__________Chassis No. 2--Petition for Extra Judicial Foreclosure of Chattel Mortgage under Act 1508 (Petition for Extra Judicial Foreclosure of Chattel Mortgage under Act 1508) The City/Provincial Sheriff City/Province of _____________. Philippines S I R: GREETINGS: Mortgagee _____________. excluding penalties. to wit: Make:____________Motor No.: _____________MVRR No. (single / married / widow). the principal obligation of the Mortgagor which has become overdue as of _____________ is in the amount of __________________________ (P___________). Filipino. and a resident of _____________. of legal age. most respectfully alleges: 1.That by the terms and conditions of the Chattel Mortgage Contract herein-above referred to. past due interest. Filipino. a copy of which is hereto attached as Annex "B" 2. Philippines. to secure the payment of loan in the amount which is shown in the promissory note executed by said Mortgagor-Debtor dated _____________.:___________ CR No.

Philippines.WHEREFORE. __Date__. I respectfully request you to take possession of the property described in the aforementioned Chattel Mortgage Contract and sell the same at Public Auction in accordance with the provisions of Act 1508.Please furnish the undersigned and the Mortgagor-Debtor with copies of your Notice of Sale at least ten (10) days before the sale. MORTGAGEE (VERIFICATION) . _____________.

we have have hereunto set their hands. That: The MORTGAGOR is indebted unto the MORT-GAGEE in the sum of _____________ (P__________). otherwise. WITNESSETH. made by and between: _____________. Philippines. this _____________ at _____________. of legal age. it shall subsist and remain in full force and effect and be subject to foreclosure in the manner and form prescribed by law. receipt of which is acknowledged by the MORTGAGOR upon the signing of this instrument.and _____________. this Chattel Mortgage shall be discharged and shall at once become null and void and of no effect whatsoever. the MORTGAGOR hereby conveys by way of CHATTEL MORTGAGE unto the MORTGAGEE. the following personal property now in the possession of said MORTGAGOR: (Description of the Subject Personal Property) That it is the condition of this Mortgage that should the MORTGAGOR perform the obligation to pay the afore-cited indebtedness of _____________ together with accrued interest thereon. MORTGAGOR MORTGAGEE . within the agreed term. payable to the order of the MORGAGEE without need of prior demand or notice within a period of _____________ (years/months/weeks/days). THEREFORE. and a resident of _____________. and a resident of _____________. NOW. for and consideration of the afore-mentioned indebtedness.Form No. of legal age. IN WITNESS WHEREOF. successors and as signs. Philippine Currency. Philippines (hereinafter known as the MORTGAGOR). Philippines (hereinafter known as the MORTGAGEE). (his/her) heirs. at _____________ (P__________) (monthly/weekly/daily) starting on _____________ and on every _____________ thereafter until fully paid. (single / married / widow). with interest thereon at the rate of _____________ (______%) percent per (month/annum). (single / married / widow). 1--Chattel Mortgage Without Separate Promissory Note (Chattel Mortgage Without Separate Promissory Note) CHATTEL MORTGAGE KNOW ALL MEN BY THESE PRESENTS: This Chattel Mortgage. and to assure the performance of said obligation to pay. .

MORTGAGOR MORTGAGEE (JURAT) .With my Marital Conformity: Mortgagor's Spouse SIGNED IN THE PRESENCE OF: _________________ _________________ (ACKNOWLEDGMENT) 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 cited and for no other purpose or purposes contrary to law.

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