nai
400
document evidencing ncorporesl ah’
osceure te fuliiment of 2 principal
pleggor with ais rts and accessions,
document evidencing incorporea rights
a
a
—_ustcoiven ores 2011
jie ges 9
What the nab
Sedtor wat nogigenmcctng tne soo?
teatgent Ye colecing fam tne Sate, The
1 What the fect of lation by the rer
tthe terme ofthe surety agreement?
1A: A ation by the eer of the terms af he
eon netlted el 8 sty cos
Bocotog tute Ming Ca, GR.NO. (12334, Moy
221959) 7
(what theft ot surety bond fled fora
Sarees eens tts er
Nate Src maa or tone on
Sire ar eases arty ann Coe OX
(no 32010, Or 36 1958)
(2 What the ule whan the performance
onde rendered impossible?
Actes the surety ut intr the our of Ne
wea cin Sn anon ene; OR Mo
(Teas June 30,1961)
EE
‘a: What is pledge, mortgage and antlcresis? Distinguish
'srmovable or personal propery, or
on tat when |
the obligation fsatfied, the NE
VJelvered shall be returned tothe proper
‘movable oF pers0n0! Property. OF
Tease contact whereby the debtor
{uittment f 9 principal obligation,
pec subjctng 1 sue
security, movable property oF
eal rights aver immovable
incase the principal
btgntion snot pai or comeiied
fa wath atthe tee stipulated
the conto
property oral ght
lover Immovable proper
immovable
contract wnereby the CR
acquires the right to rece
ats at an immovable of Ne
tdedtor wit he oiigation to
Sop them tothe payment ot
stores, wing, and thereafter
othe principal ot Ns red
ruts ofan immovable
: What are the similarities of pledge and
mortgage?
A
1. Both are accessory contracts:
2. Both pledgor and mortgagor rust be
the absolute owner of the property:
3
Both pledgor and mortgagor must have
the free disposal of their property or be
authorized to do so; and
In both, the thing proffered as security
ay be sold at public auction, when the
principal obligation becomes due and
fro payment is made by the debtor.
‘em aw Ta
: Ave the contracts of pledge, mortgage oF
antichresis indivisible?
(GR A pledge, mortgage oF antichresis is
indivisible.
ote: indivisibity may be waived. Indivistity
‘oni applies tothe contracting parties.
Where each one of several things
‘guarantees determinate portion of the
credit
en Esc, RABY: SUNT HAD: ASHE B DNA
to ban ne Sr, sno Ses HM eA
eM Bn, IA SAME, COMTUMATIOR LE RAE "Nav, Momcn 06