REAL ESTATE MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This Real Estate Mortgage, made by and between:

PIA ALONZO WURTZBACH, of legal age, single, and a

resident of 78 Marasbaras, Tacloban City, Leyte, Philippines
(hereinafter known as the MORTGAGOR);

- and -

CATRIONA MAGNAYON GREY, of legal age, single, and a

resident of 78 Marasbaras, Tacloban City, Leyte, Philippines
(hereinafter known as the MORTGAGEE);

WITNESSETH; That:

WHEREAS, the MORTGAGOR is the absolute and registered owner of a

parcel of land situated at Block 19 Lot 30 Sun Alley, V&G Subdivision,
Tacloban City, Leyte, covered by Transfer Certificate of Title No. 38400 of the
Registry of Deeds for Dumaguete City;

WHEREAS, the MORTGAGOR is indebted to the MORTGAGEE in the

principal sum of Five hundred thousand pesos (Php 500,00.00), Philippine
currency, under and by virtue of a Promissory Note (“Note”) attached herewith
and made an integral part hereof as Annex “A”;

WHEREAS, the MORTGAGOR has agreed to secure the payment of the

Note to the MORTGAGEE by means of a good and valid mortgage upon the
property herein described below;

NOW, THEREFORE, for and consideration of the afore-mentioned

indebtedness, and to assure the performance of said obligation to pay, the
MORTGAGOR does hereby convey and DELIVER by way of MORTGAGE unto
the MORTGAGEE, his heirs, successors and as signs, the following
parcel of land, together with all the improvements found and standing thereon,
more particularly described as follows:

TRANSFER CERTIFICATE OF TITLE No. 38401

“A PARCEL OF LAND Lot 30 Blk 19 of subdivision plan Pcs-12345, being a

portion of the consolidation of Lots 1234-A and 1234-B (LRC) Psd-78945 situated in the
V&G Subdivision. Bounded on the E., along Line 1-2 by Jupiter St., on the S., along
line 2-3 by Lot no. 6541, Cid Estate, on the W., along line 3-4 by irrigation canal and
Lot no. 7894 and on the N., along line 4-1 by Lot no. 4562 both of the Cid Estate
beginning at a point marked “1” on plan, being N 21 deg. 58’E, 457,000 m. from no. 22
Cid Estate; thence S. 9 deg. 40’E, 23. 9 m. to the point 2; S. 78 deg 57’W., 26.1 m. to
point 3; containing an area of (2,222) square meters.”

That it is the condition of this Mortgage that should the MORTGAGOR

perform the obligation to pay the afore-cited indebtedness of P2,000,000.00
together with accrued interest thereon, within the agreed term, this Real Estate
Mortgage shall be discharged and shall at once become null and void and of no
effect whatsoever, otherwise, it shall subsist and remain in full force and effect
and be subject to foreclosure in the manner and form prescribed by law.

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

th
25 day of May, 2020 at Tacloban City, Leyte, Philippines.

PIA ALONZO WURTZBACH CATRIONA MAGNAYON GREY

Mortgagor Mortgagee

SIGNED IN THE PRESENCE OF:

________________________ ________________________

ACKNOWLEDGMENT

Republic of the Philippines)

City of Tacloban ) S.S.

BEFORE ME personally appeared:

Name                        Identification Card  

PIA ALONZO WURTZBACH H05-12-000234        
CATRIONA MAGNAYON GREY H05-12-000232        
       
     all known to me to be the same persons who executed the foregoing
instrument and hereby acknowledged to me that the same is their free and
voluntary act and deed.

      This instrument consisting of two (2) pages, including this page on which
this acknowledgment is written refers to a REAL ESTATE MORTGAGE and has
been signed by the parties and their witnesses and sealed with my notarial seal.

               WITNESS MY HAND AND NOTARIAL SEAL, on this 25th day of May

2020, Tacloban City.
                                                                    
ATTY. JONALYN C. SANCHEZ
Doc. No. 1 Notary Public for Tacloban City, Leyte
Page No. 4 Commission No. 2020-01-02 Until 31 Dec 2020
Book No. 2 Roll No. 98765/IBP No. 133790; 1-10-2020
Series of 2020 PTR No. 9876543; 1-10-2020; Tacloban City
78 Marasbaras, Tacloban City