DEED OF CHATTEL MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF CHATTEL MORTAGE made and executed by

and between:

ROMEO C. CAPULET, single, of legal age, Filipino Citizen,

with residence and postal address at #05 Upper Kitma, Baguio City,
Philippines, hereinafter referred to as the MORTGAGOR;

-and-

JULIET M. MONTAGUE, of legal age, Filipino citizen, with

residence and postal address at #01 Leonor Rivera St., Guisad,
Baguio City, Philippines, hereinafter referred to as the MORTGAGEE;

W I T N E S S E T H:

That the MORTGAGOR is the owner a motor vehicle, which is

particularly described hereunder, to wit:

Make & Series: Starex

Engine No.: NV - 57789
Chassis No.: MMGHY987543210
Plate No.: TGC-889
MV File No.: 1888 – 111198755B
Type of Body: VAN

That for and inconsideration of a LOAN obtained by the

MORTGAGOR from the MORTGAGEE in the sum of SEVEN
HUNDRED THOUSAND PESOS (Php700,000.00), Philippine
Currency, with an interest of TEN PERCENT (8%) MONTHLY, and to
secure the payment of the same, the MORTGAGOR hereby freely
and voluntarily CEDE, TRANSFER, AND CONVEY by way of
mortgage unto the MORTGAGEE, her successors and assigns, that
motor vehicle above – described;

The MORTGAGOR hereby warrants that the above-described

motor vehicle is free from any claim whatsoever, except that which
appears in the Certificate of Registration, if any.

The MORTGAGEE with notice to the MORTGAGOR, reserves

the right to sell, cede, transfer, assign or convey to any person or
entity its right and interest in and to this chattel mortgage so long as
the same is subsisting.

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 For the purpose of extra-judicial foreclosure, the MORTGAGOR
hereby constitute and appoint the MORTGAGEE or her successors
to sell the property mortgaged, to sign all documents, receive, receipt
for and accept all monies or checks, and to perform any act requisite
and necessary to accomplish said purpose.

This Chattel Mortgage shall be for a period of SIX (6) MONTHS

to be reckoned from the date of its execution and shall be renewable
upon the mutual consent of both parties.

IN WITNESS WHEREOF, the parties have hereunto affixed

their signatures this 19th day of August 2019 in the City of Baguio,
Philippines.

ROMEO C. CAPULET JULIET M. MONTAGUE

Mortgagor Mortgagee
CTC No. 90992212 CTC No. 11109789
Issued on 01/17/2012 Issued on 01/9/2012
Issued at Baguio City Issued at Baguio City

SIGNED IN THE PRESENCE OF:

WILLIAM A. SHAKESPEARE HAMLET C. PAKBET

#231 Oxford St., Brgy. Happy #43 Halsema Highway, Baguio City
Hollow, Baguio City

AFFIDAVIT OF GOOD FAITH

We, ROMEO C. CAPULET, Mortgagor, and JULIET M.

MONTAGUE, Mortgagee, under oath, do hereby swear that the
foregoing mortgage is made for purposes of security of the obligation
specified in the promissory note thereof and for no other and that the
same is just and valid obligation and not one entered into for
purposes of fraud.

ROMEO C. CAPULET JULIET M. MONTAGUE

Mortgagor Mortgagee

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 SUBSCRIBED AND SWORN to before me, in the City of
Baguio, Philippines, this 19th day of August 2019 affiants, who are
personally known to me, who are the same persons who personally
signed before me the foregoing affidavit and acknowledged that they
executed the same.

Doc. No. __;

Page No. __;
Book No. __;
Series of 2019.

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES}

CITY OF BAGUIO } S.S.
x----------------------------------------------x

BEFORE ME, a Notary Public in and for the City of Baguio, this
19 day of August 2019, personally appeared ROMEO C. CAPULET
th

and JULIET M. MONTAGUE, personally known to me to be the same

persons who voluntary executed the foregoing Deed of Chattel
Mortgage which they acknowledged before me as their free and
voluntary acts and deeds.

This instrument consisting of THREE (3) pages, including the

page on which this acknowledgment is written has been signed on
the left margin of each and every page thereof by the parties and
their witnesses.

WITNESS MY HAND AND NOTARIAL SEAL.

Doc. No. __;

Page No. __;
Book No. __;
Series of 2019.

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