REAL ESTATE MORTGAGE

This Real Estate Mortgage, made by and between:

AMADO B. SARMIENTO, of legal age, married, and a resident of Barangay Malibong,

Urbiztondo Pangasinan, Philippines (hereinafter known as the MORTGAGOR);

- and –

KATHLYN SARMIENTO-DE VERA, of legal age, married, and a resident of Barangay

Malibong Urbiztondo, Pangasinan, Philippines (hereinafter known as the
MORTGAGEE);

WITNESSETH; That:

The MORTGAGOR is indebted unto the MORTGAGEE in the sum of One Hundred

Twenty Thousand Pesos (P120,000.00), Philippine Currency, receipt of which is
acknowledged by the MORTGAGOR upon the signing of this instrument, payable to the
order of the MORGAGEE without need of prior demand or notice within a
period of _____________ (years/months/weeks/days), at _____________
(P__________) (monthly/weekly/daily) starting on _____________ and on every
_____________ thereafter until fully paid, with interest thereon at the
rate of _____________ (______%) percent per (month/annum).

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/her) heirs,
successors and as signs, the following parcel of land, together with all the
improvements found and standing thereon, more particularly described as follows:

PROPERTY DESCRIPTION:

TCT No. 123719-PART of the Registry of Deeds of Lingayen

Tax Declaration No. 43-015-14973
Property Index No. 013-43-015-11-031
Barangay Malibong Urbiztondo, Pangasinan
(9,286 sqm) Nine Thousand Two Hundred Eighty Six square meters
That it is the condition of this Mortgage that should the MORTGAGOR perform the
obligation to pay the afore-cited indebtedness of One Hundred Twenty Thousand Pesos
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 ____ June 2020
at _____________, Philippines.

AMADO B. SARMIENTO KATHLYN SARMIENTO-DE VERA

Mortgagor Mortgagee

SIGNED IN THE PRESENCE OF:

_________________ __________________
 ACKNOWLEDGMENT

Republic of the Philippines )

Municipality of __________) S.S.
Province of Pangasinan

BEFORE ME, a Notary Public, for and in the Municipality of ____________ this
____ day of June 2020 personally appeared:

Name Identification Card Issued On/At

AMADO B. SARMIENTO _________________ _____________

KATHLYN SARMIENTO-DE VERA _________________ _____________

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.

Doc. No. _____;

Page No. _____;
Book No. _____;
Series of 2020.